Kwasi Kwarteng’s ouster was driven by financial markets rejection of tax cuts
admin Kwasi Kwarteng was ousted by U.K. Prime Minister Liz Truss as chancellor of the exchequer…
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It turns out that bonds may be a riskier investment now than stocks
Stocks are riskier than bonds — everyone knows that. At least until this year. So…
Read MoreGold on track for weekly loss as traders eye Fed rate hikes
Gold futures fell Friday and were on track for a weekly decline as a 75…
Read MoreU.K. bond yields continue to drop as Kwarteng set to be fired with further tax-cut reversals expected
U.K. bond yields continued to drop on Friday, on expectations the U.K. government will further…
Read MoreU.K. bond yields continue to drop as Kwarteng flies home from IMF and Truss to hold press conference
U.K. bond yields continued to drop on Friday, on expectations the U.K. government will further…
Read MoreThe debt vigilantes are back, and even U.S. assets will struggle. Here’s what to buy instead, says one veteran fund manager.
Markets are struggling to extend the previous session’s impressive rebound. There may be a number…
Read MoreUnitedHealth stock surges after earnings beat, another raised outlook
Shares of UnitedHealth Group Inc. surged Friday, after the health insurer reported third-quarter profit and…
Read More2-year Treasury yield eases from 15-year high
Bond yields slipped Friday after reaching milestone highs following hot inflation data, as a key…
Read MoreU.S. stock futures slip after ‘crazy’ rally as key bank reports, retail sales data loom
U.S. stock futures slipped Friday after what’s been called one of the craziest market days…
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JPMorgan profit falls but beats estimates while Morgan Stanley misses
JPMorgan Chase & Co. shares rose Friday after the megabank beat analyst targets for third-quarter…
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