Top hedge-fund manager Ken Griffin wants Fed Chairman Jerome Powell and Co. to commit to an inflation fight as the economy faces potential recession.
The Tell: Bad economic data won’t be good for stocks, but good data will be even worse, this JPMorgan technical strategist says
The S&P 500 index is so overvalued that even a cooling of economic data won’t be enough to bolster stocks, says JPMorgan’s technical analysis team.
Movers & Shakers: Bed Bath & Beyond’s stock gives up gains after proceeds from Feb. equity offering rise, and CrowdStrike gains after earnings beat
Tesla’s stock drops again, Fresh Track Therapeutics’ shares soars upon initial clinical trial results
: Why Weight Watchers is buying a company that prescribes popular weight-loss drugs like Ozempic
It’s the latest example how a new class of therapies has revolutionized the way many Americans think about weight loss.
Futures Movers: Oil marks back-to-back losses after Fed’s Powell sparks selloff
Oil prices fell on Wednesday, pressured by Fed Chair Jerome Powell’s remarks on the U.S. interest-rate outlook, even as crude supplies posted a weekly decline.
Outside the Box: Working women need support in many ways. Start by helping out more at home.
How to share responsibilities with a partner and make the relationship easier for you both.
Economic Report: Mortgage demand rises in latest week, despite loans becoming more expensive
Mortgage applications rose 7.4% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.79%.
Need to Know: Powell’s rate view came as no surprise to this Treasury dealer. Here’s what it says is next for stocks and bonds.
BNP Paribas is predicting more pain in store for both stocks and bonds.
: The 8.7% COLA jump-started spending for Social Security recipients
The higher COLA adjustment was announced in October and started hitting Social Security recipients’ accounts in January.
Bond Report: Two-year Treasury yields consolidate above 5% ahead of more Powell testimony
Investors are waiting to see what Federal Reserve chairman Jay Powell says when quizzed Wednesday by the House Financial Services Committee.
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