Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kep
Italy’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger domestic peer Mediobanca.
European markets are expected to be in positive territory on Friday, setting the region’s stocks up for a weekly rise.
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.
Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kept many
Stocks with valuations between $10 billion and $20 billion may have found their sweet spot: able to weather rising interest rates and Trump tariffs.
For stocks, much depends on whether the past week marked a peak in yields or was merely a snapback after getting technically overstretched.
Union Pacific reported 7% more fourth quarter profit as it managed to deliver more shipments with fewer employees and continued to make the railroad more efficient.
With morale at a low point, biotech and pharma CEOs are cautiously optimistic about the incoming Trump administration.
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November,
Bonds from Japan and China are moving in opposite directions, and it may soon create an opportunity not seen in two decades. The spread or the gap between the Japanese 10-year government bond yield and China’s 10-year government bond yields is approaching zero,