#WFC

CNBC’s Jim Cramer said Monday the carnage in tech stocks is not being reflected as much in the price-weighted Dow Jones Industrial Average because of this year’s strength in banks. Cramer said, “The damage that’s happening to the markets is totally masked by the banks, which make the Dow Jones avera

Minneapolis (CNN Business)In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple euphemisms to describe the potential impact on Americans' jobs, from economic "pain" to "unfortunate costs" and a "softening labor market." Data, however, doesn't min

RBNZ hikes their OCR to 3%. Russia to build a competitor to the LBMA. Good day… And a Wonderful Wednesday to you! Temps in the 70’s in the middle of August? That’s what we had last night, as neighbor friends, Duane, Mike, and Paul, all joined me outside to watch the Cardinals beat the Rockies 5-4. T

Equities give back early-week gains on hawkish Fed talk, and mixed earnings. Netflix soared 13% yesterday, but Tesla lost more than 6% after the bell, after announcing a slight revenue miss in Q3. The UK’s political turmoil gets worse by the day, and the dollar-yen tests the 150 level amid mounting

Asia Market Update: Quiet FX session seen amid stepped up JP comments; Equities cautious in the face of CB uncertainty; CN Aug data dump due on Fri [including Retail Sales and IP]. General trend - Little initial impact seen from the AU and NZ data [AU jobs, NZ GDP]. - JGB FUTs drop on bond auction [

(CNN Business)Elon Musk, the Tesla and SpaceX CEO and world's richest man, welcomed twins last year with an executive at one of his other companies, Neuralink, Business Insider reported on Wednesday. Musk, who posted a tweet on May 24 saying "USA birth rate has been below min sustainable levels for

New York (CNN Business)Former Trump economic official Gary Cohn is in favor of President Joe Biden lifting some Trump-era tariffs imposed on China to address high inflation. "These tariffs are adding to the cost of many goods that US consumers are buying," Cohn told CNN. Cohn, now vice chairman at I

The bond market selloff did not ease up heading into the long holiday weekend and traders will have to soon decide if they decide to sell in May and go away. The upcoming week is filled with another round of earnings, major economic data out of China, a French debate, and a wrath of commentary from

USDINR 78.01 ▲ 0.04%. EUR/USD 1.0530 ▲ 0.20%. GBP/USD 1.2278 ▲ 0.23%. India 10-Year Bond Yield 7.477 ▲ 0.66%. US 10-Year Bond Yield 3.282 ▲1.34%. ADXY 102.87 ▲ 0.10%. Brent Oil 115.22 ▲ 0.96%. Gold 1,842.15 ▲ 0.08%. NIFTY 50 15,435.50 ▲ 0.56%. Global developments German producer prices rose 33.6% in

New York (CNN Business)The Covid-19 pandemic changed the nature of work in innumerable ways, some of which may not be fully discerned for years. But one casualty is already clear: The era of the leaning-in "girl boss" is over. The girl boss movement, born shortly after Sandberg's Lean In and coined