Fed Official Says Large Interest-Rate Rises Could Continue
Michelle Bowman says she wants to see inflation declining in "a consistent, meaningful and lasting way" before slowing rate rises.
Insurer Spurs Companies to Mitigate Climate-Related Risks
FM Global said it would provide $300 million in premium reductions for steps to protect against wildfire, floods and hurricanes.
Berkshire Hathaway's Earnings Fall, Hurt by Market Volatility
The company posted a loss of $43.8 billion, compared with a profit of $28.1 billion in the year-earlier period.
Before Crypto Lender Crashed, Celsius CEO Was Known for Big Ideas and Battles
Alex Mashinsky, a serial entrepreneur, proposed a stream of moonshot ideas in different industries over many years-and frequently left a string of unhappy colleagues and investors.
Jobs Report to Keep Fed on Aggressive Tightening Path
Strong hiring and wage growth make it harder for the central bank to dial down the pace of rate rises in September.
Coinbase's Rapid Rise Left It Exposed in Crypto's Collapse
Fast expansion made Coinbase the biggest U.S. exchange for digital currency. Now it faces high expenses, dwindling cash and a challenge from regulators.
Before the Fed Acts, It Pays to Buy Stocks
Buying equities the day before a Fed announcement and selling the day after can boost returns. Bonds, though, are a different matter.
A Strong Dollar and Weaker Chinese Yuan Both Drag Down Gold
Investors often rush to buy the haven asset gold when inflation is high, but a strong dollar combined with a weaker yuan are bad news for gold bugs.
A Wall Street Sentiment Survey Might Have Called the Stock Market's Turn
Investor pessimism peaked as the market began rallying in mid-June, according to Investors Intelligence's survey.
A New Hong Kong Stock Makes GameStop Look Tame
The market value of fintech company AMTD Digital briefly eclipsed Facebook parent Meta Platforms this week.
(END) Dow Jones Newswires