Oil extends bounce as supply worries rise
[ad_1] Oil futures rose Tuesday, finding support as the Keystone pipeline remained closed and investors gauged a potential boost to demand from China’s loosening of COVID-19 curbs. Price action West…
FTX’s Sam Bankman-Fried is arrested in Bahamas, charges pending in U.S.
[ad_1] Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, which faced a colossal collapse this year, was arrested in the Bahamas on Monday, and is facing criminal charges in the…
Need to Know: Retail capitulation may be a new year’s gift for the stock market, says this analyst
[ad_1] Retail investors are skittish about this market, and understandably. Our call of the day says that may only help lure back influential investors in the new year. [ad_2] Image…
Terraform Labs co-founder Do Kwon reportedly hiding in Serbia
[ad_1] South Korean prosecutors said Monday that fugitive crypto executive Do Kwon is hiding in Serbia, according to reports. The prosecutors are working with authorities in Serbia to locate him,…
These money and investing tips can fill your portfolio with holiday cheer
[ad_1] Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Be on…
Foreclosure activity rose 57% from a year ago in November, and was highest in these U.S. cities and Americans are trimming their holiday gift spending
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. Foreclosure activity rose 57% from a year ago in November, and was highest in these U.S. cities The foreclosure process began on…
Investors won’t see relief until 2024 in the form of Fed rate cuts, warns Credit Suisse
[ad_1] Global central banks already managed to “pop some of the pandemic-inspired bubbles” this year by tightening monetary policy, but investors may need to wait until 2024 for relief in…
Gold prices on track for highest finish in a week after U.S. inflation data
[ad_1] Gold prices edged higher on Friday, on track to mark their highest finish in just over a week, after the U.S. November producer-price inflation came in slightly higher than…
Short selling giant Jim Chanos is still short on Coinbase, Tesla and the FOMO-investment market
[ad_1] Short selling giant Jim Chanos is still pretty bearish on a number of stocks including Coinbase and Tesla, he said on Thursday. In a Twitter Spaces conversation, Chanos was…
10-year Treasury yield jumps to almost 3.5% ahead of producer-price index report
[ad_1] U.S. bond yields rose on Thursday, with the 10-year rate jumping to almost 3.5%, as investors turned their attention to Friday’s producer-price index for November. What’s happening The yield…
JPMorgan looks at an ‘Armageddon scenario’ of the Fed jacking rates up to 6.5%. Its conclusion may be a surprise.
[ad_1] The market’s expectation is that the Federal Reserve will keep lifting its policy interest rate until it brings it to 5%, before pausing for some time. But it’s possible…
Feds said to investigate FTX’s SBF over possible crypto price manipulation, while senators want his testimony
[ad_1] FTX founder Sam Bankman-Fried is being investigated by federal prosecutors over whether he manipulated prices of two cryptocurrencies to benefit his companies, according to a new report, and has…
Cathie Wood says the better historical parallel for the current high inflation environment is World War I, not the 1970s
[ad_1] ARK Invest CEO Cathie Wood says investors are looking at the wrong historical period in making comparisons to the current high inflation environment. “If you go back to the…
Treasury yields slightly softer amid recession concerns
[ad_1] U.S. bond yields fell were fractionally lower Wednesday morning as investors concerns about a slowing economy in 2023 lingered. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.341%…
‘No cuts until 2024,’ says Goldman economist about Fed’s likely path on interest rates
[ad_1] Investors already fretting the Federal Reserve’s monetary tightening path should brace for interest rates to keep climbing through May 2023, and to forget about any rate cuts next year,…
Treasury yields mixed after jumping on strong U.S. data
[ad_1] U.S. bond yields were mixed on Tuesday after jumping in the previous few sessions following robust economic data. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.362% rose…
U.S. stock futures barely changed after rough start to the week
[ad_1] U.S. stock futures were becalmed on Tuesday amid cautious trading following a bad start to the week. How are stock-index futures trading S&P 500 futures ES00, -0.07% fell just…
Textron wins U.S. Army development contract, shares surge 8%
[ad_1] Shares of Textron Inc. TXT, -1.96% were trading higher in Monday’s after-hours session following the company’s announcement it was awarded the development contract for the U.S. Army’s Future Long-Range…
FTX collapse hits Winklevoss twins with $900M of their customers’ money frozen
[ad_1] Add the Winklevoss twins to the growing list of crypto evangelists feeling the heat following the multi-billion dollar collapse of the FTX cryptocurrency exchange. Cameron Winklevoss said Monday that…
The U.S. economy is still growing, report finds, even as warning signs mount
[ad_1] The numbers: A barometer of U.S. business conditions at service-sector companies such as banks and restaurants rose to 56.5% in November, a strong showing that signals the economy is…
A recession akin to 1969-1970 awaits U.S. next year, economist warns
[ad_1] Brace for a recession next year. That is the word of warning from S&P Global Ratings economist Beth Ann Bovino, in a post-Thanksgiving weekend report on Monday. “ ‘GDP…
Opinion: There’s a strong possibility that the bear market in stocks is over as investors have given up hope
[ad_1] A contrarian case can be made that the stock market rally since the October lows is the beginning of a new bull market. That’s because the criteria for “capitulation”…
Oil ends lower for the session, up for the week, ahead of OPEC+ meeting, EU ban on Russian oil
[ad_1] Oil futures ended lower on Friday, but gained for the week, as investors awaited a pair of events: a Sunday meeting of the Organization of the Petroleum Exporting Countries…
Bond yields continue to slip ahead of key jobs report
[ad_1] Bond yields declined on Friday, ahead of labor market data that could show whether the Federal Reserve will be able to slow down the pace of rate hikes. What’s…
Goldman Sachs set to reduce trader bonuses: report
[ad_1] Goldman Sachs Group Inc. traders are facing some end-year bah humbug as the Wall Street bank reportedly plans to reduce their bonuses, despite expectations for strong revenue this year.…