BlackRock warns investors should buy defensive stocks and bonds as tech-led rally at risk of fizzling
admin Following July’s spectacular rally, U.S. stocks SPX, -0.49% have been caught in a tight trading…
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U.S. consumers likely got some relief from sizzling price increases in July but Fed won’t feel any better
U.S. consumer price data for July is expected to show some moderation in the torrid…
Read MoreAvaya stock plunges toward record low after WSJ report that $600 million debt deal soured
A $600 million debt deal arranged for beleaguered business communication company Avaya Holdings Corp. quickly…
Read MoreCuraleaf CEO sees cannabis as recession resistant, but stock falls after wider loss
Curaleaf Holdings Inc. Chief Executive Matt Darin said inflation impacted some of the cannabis company’s…
Read MoreBed Bath & Beyond stock set to snap longest win streak in 15 years after Baird analyst suggests it’s time to sell
Shares of Bed Bath & Beyond Inc. tumbled Tuesday, putting them in danger of their…
Read MoreMarket rout sends U.S. state and city pension funds to worst year since 2009
Public pension plans lost a median 7.9% in the year ended June 30, according to…
Read MoreThese 18 tech stocks are this earnings season’s standouts based on three criteria
Earnings season is almost over. The sector with the best news has been energy, as…
Read MoreU.S. productivity tumbles again in second quarter, labor costs up strongly
The numbers: U.S. nonfarm worker productivity fell at a 4.6% annual clip in the second…
Read MoreU.S. stock futures struggling for momentum ahead of inflation report
U.S. stock-index futures struggled for momentum on Tuesday as traders eschewed chunky bets ahead of…
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Get ready for more merger mania in pharma sector the rest of the year
Pfizer Inc.’s PFE, +0.45% $5.4 billion acquisition of Global Blood Therapeutics Inc. GBT, -0.02% is…
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