High-yield bond ETF rallies after Fed rate cut as ‘free ride’ in cash ends
Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate cut.
FedEx stock falls as company narrows its full-year forecast
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.
Nike taps company veteran as new CEO, and shares rally
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
Traders brace for volatility as more than $5 trillion in options set to expire in latest ‘triple witching’
It’s that time again: Investors will see option contracts tied to more than $5 trillion in tradeable stocks expire on Friday in the latest quarterly...
Disney to ditch Slack following July data breach
The company's Slack server was hacked in July, leading to more than a terabyte of company data being leaked to the public.
Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.
Dow, S&P 500 Hit Records After Rate Cut
Industrials push above 42000 in delayed response to Fed lowering rates; tech shares and risky assets rise.
WIF, PEPE, and SEI shine as cryptocurrencies surge
WIF, PEPE and SEI were among top performing altcoins as Bitcoin surged to above $63,800 on Sept. 19. These gains followed US Federal Reserve’s 0.5%...
WIF, PEPE, and SEI shine as cryptocurrencies surge
WIF, PEPE and SEI were among top performing altcoins as Bitcoin surged to above $63,800 on Sept. 19. These gains followed US Federal Reserve’s 0.5%...