Investors renew focus on inflation data as Fed weighs size of expected September rate cut
A previous version of this article incorrectly stated that a 50-basis-point interest-rate cut from the Federal Reserve on Sept. 18 would be its largest since late 2008. This has been corrected to ...
Michigan Strategic Fund to Remarket $75 Million of Bonds for Waste Facilities
The Michigan Strategic Fund is remarketing $75 million of bonds issued in 2019 in connection with the construction, improvement and installation of solid waste disposal facilities by Consumers Energy.
GameStop CEO Cohen to Pay Nearly $1 Million for Alleged Wells Fargo Securities-Acquisition Violation — Update
GameStop Chief Executive Ryan Cohen has settled an alleged antitrust-law violation with the Federal Trade Commission in connection with the acquisition of a chunk of Wells Fargo voting securities.
Bond market gets a Fed wake-up call after pricing in a recession
Volatility in the bond market has been running high since the Fed started hiking rates in 2022, causing historical losses in bonds and whiplash across financial markets. While inflation and rate hikes ...
Small-cap stocks' 'Fed day' outperformance reflects investors' confidence in the economy
Still, their gains, however slight, represented a notable vote of confidence in the U.S. economy and the Federal Reserve's ability to manage it, said James St. Aubin, chief investment officer at Ocean ...