Bank of England Governor Andrew Bailey signaled that rising market borrowing costs are helping tighten financial conditions naturally, reducing pressure for immediate additional policy action from the central bank. Testifying before lawmakers on today, Bailey Read more…
Markets The protracted sell-off in (especially ultra-long) bonds since the start of the US-Iran war took a breather today. Two ‘anecdotical topics’ maybe helped to at least temporarily ease pressure. A Japanese 20-y government bond Read more…
The S&P 500 is up roughly 10% in 2026. Global earnings are being revised higher. Corporate capital spending is at levels not seen in decades. Goldman Sachs published a global strategy note on May 19 Read more…
NextEra Energy (NEE) just agreed to one of the largest energy acquisitions since Exxon bought Mobil in 1998. The market’s first reaction was not applause. Shares of the Florida utility giant fell sharply after it Read more…
Ronald Williams spent years without steady work before a friend pointed him to a federally funded job-training program in Steubenville, Ohio, in 2024. Williams, now 62, completed his training through a local Goodwill chapter and Read more…
Boeing (BA) just had one of its worst days in months, and one major bank thinks the panic created a bargain. Most of Wall Street zeroed in on a single number: 200. That was the Read more…
Snowflake has had a rough stretch. The stock is down 21.92% year-to-date and has lost nearly 6% over the past year, according to Yahoo Finance. That’s a stark contrast to a broader market that has Read more…
Risk sentiment stabilized somewhat today as Brent crude eased back below $109 and US equity futures pointed to a modest recovery at the open. Still, the broader market mood remains tense as investors continue grappling Read more…
If you teach at a public school, work at a hospital, or spend your career at a nonprofit, your retirement plan likely carries a different label than the 401(k) that headlines most financial conversations. The Read more…
EUR/USD’s fall from 1.1848 resumed after brief consolidations. Intraday bias is back on the downside. As noted before, rebound from 1.1408 could have completed as a corrective three-wave move. Deeper fall should be seen to Read more…