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Commodity/Financial Market News
Gold Prices Near Record as Investors Bet Inflation Is Here to Stay
Lower Treasury yields and a weaker dollar have also boosted the precious metal. Source link
Delta Reports Quarterly Loss, Projects Strong Summertime Travel
Business Earnings Airlines say travel appetite is holding up despite worries about inflation, layoffs Source link
Muni Junk Bond King John Miller to Retire
Nuveen municipal-bond chief John Miller, who helped transform the Chicago-based investment firm into the nation’s top manager of junk-rated state and local debt, will retire
Stock Futures Edge Up After More Inflation Data
Markets U.S. Markets Investors are parsing mixed signals about the economy and the path for interest rates Source link
Stocks Close Lower After Fed Minutes
Markets U.S. Markets Earlier in the day, inflation data showed easing price increases Source link
The 60-40 Investment Strategy Is Back After Tanking Last Year
The classic 60-40 investment strategy is working again after a disastrous 2022. What’s News See More What’s News Source link
Shorter-Term Bonds Gain After Data Showing Cooler Inflation
Markets Credit Markets An early bond rally eroded as investors parsed the Fed’s likely next moves Source link
Stocks Waver at Opening; Bitcoin Rallies
Markets U.S. Markets Bitcoin rose to over $30,000, a level it hasn’t breached since June Source link
Stock Pickers Failed to Take Part in First-Quarter Rally
Bearish positioning and less exposure to the large technology stocks hurt active fund managers. Source link
Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business
Markets Finance Bank’s swaps dealer priced derivatives in terms that put clients at a disadvantage, CFTC says Source link