Most Economists Say Fed's Next Move Is Rate Cut, Survey Says
More than three-quarters of economists surveyed by The Wall Street Journal expect the Fed's next move will be to lower interest rates, which most expect to happen by the fall.
If the Fed Cuts, History Provides Guide to Market Impact
The consensus view is that the Federal Reserve will cut interest rates soon as a form of insurance against persistently low inflation. Fed behavior patterns from previous years hold lessons now for investors.
Trump Tariffs Are Short-Term Pain Without Long-Term Gain, Economists Say
Most economic forecasters are pessimistic the Trump administration's trade-tariff policy will reap long-term benefits for the economy, according to The Wall Street Journal's latest monthly survey.
Energy Stocks Push U.S. Benchmarks Higher
Rising oil prices helped support global stocks, while investors mulled the chances of a U.S. interest-rate cut amid worries trade tensions would drag on global growth.
Tanker Attacks Lift Oil Prices, Improve Shale Producers' Outlook
Shale producers stand to benefit from the oil-market volatility unleashed by Thursday's attack on two oil tankers in the Gulf of Oman, as U.S. companies vie with the Organization of the Petroleum Exporting Countries for global market share.
Utilities, Other 'Safety' Stocks Rise Alongside Market Uncertainty
The latest rise in the stock market has been helped along by so-called safety stocks, signaling a shift among investors toward seeking certainty as trade tensions and central-bank policy push and pull markets.
Nelson Peltz Needs Help To Tackle the Plumbing
Trian Partners, founded by investor trio Nelson Peltz, Ed Garden and Peter May, now owns 6% of London-listed plumbing distributor Ferguson.
Hong Kong Interbank Rates Hit Highest Since 2008
The rates at which Hong Kong's banks lend to one another surged to levels last seen during the global financial crisis, but economists said seasonal swings in cash demands likely played a bigger role in the move than political unrest in the city.
Pompeo Says Iran Is Responsible for Tanker Attacks
The Trump administration has concluded that Iran is responsible for attacks Thursday on two tankers in the Gulf of Oman, Secretary of State Mike Pompeo said, calling them the latest in a series of hostile actions in the region toward the interests of the U.S. and its allies.
HSBC Carves Special Role as Banker to the Saudis
When Saudi Arabia wanted to attract investors after the killing of Jamal Khashoggi, officials turned to a longtime banker to the kingdom: HSBC.