Dow drops 450 points to lowest level in nearly 2 years as rising bond yields hammer stocks
admin U.S. stocks fell for a fourth day on Friday, with the Dow Jones Industrial Average…
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2-year Treasury yield marks fresh 2007 high as hawkish Fed view dominates
Treasury yields continued to climb on Friday amid expectations that markets are in for more…
Read MoreOpinion: The dollar will remain strong as long as fundamentals and the Fed allow
CAMBRIDGE, Mass. (Project Syndicate)—Despite rampant inflation and slowing growth, the U.S. dollar BUXX, +0.57% DXY,…
Read MoreOpinion: Why the Fed keeps its focus strictly on the U.S. economy even as its actions could push the whole world into recession
The U.S. Federal Reserve holds inordinate sway over the world’s economies—yet it acts, in some…
Read MoreU.S. housing starts rebound in August on new apartment construction
The numbers: Construction on new U.S. homes rose a seasonally adjusted 12.2% in August to…
Read MoreZillow sees peak rent growth as over, but that isn’t what the Fed’s tracking
A look at Zillow Group’s closely followed rent index shows that last year’s roughly 17%…
Read More2-year Treasury yield marches toward 4% ahead of this week’s Fed decision
Treasury yields were higher Monday, led by the 2-year rate, and adding to last week’s…
Read MoreGold retreats to 2-year lows as investors await Fed decision
After a brief reprieve at the end of last week, gold futures are back to…
Read MoreFirst major Wall Street bank to call a U.S. recession says ‘the pessimists will sadly prevail’
Deutsche Bank, which became the first major Wall Street bank to forecast a U.S. recession…
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The Dow tumbled 500 points because Jerome Powell’s Fed ‘isn’t going to blink’
It took stock-market investors a while to make up their minds, but when the closing…
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