U.S. Stock Futures Waver as Investors Brace for Volatile Trading
A number of options and futures contracts on stocks and stock-indexes are set to simultaneously expire Friday in an occurrence known as quadruple witching.
LSE Eyes Sale of Italian Unit to Help Secure Refinitiv Approval
The U.K. exchange operator took a key step toward gaining regulatory approval for its $15 billion acquisition of financial-data company Refinitiv by entering into exclusive talks for the sale of its Italian exchange operator.
China's Stock Bulls Spark a Decoupling in Market Prices
Some mismatch between a company's shares listed on China's mainland and their counterparts in Hong Kong isn't unusual. But the growing gulf is creating a strange situation where companies can simultaneously have two radically different valuations.
Is America's Favorite Retirement Plan Broken?
Joe Biden's proposal to make 401(k)s fairer highlights the holes in Americans' retirement savings. His solution isn't radical enough.
U.K. Retail Sales Rise Again
U.K. retail sales rose 0.8% in August, the fourth straight monthly, and have gained of 4% on February's pre-pandemic level.
Coronavirus Case Numbers Stay Elevated in Parts of Midwest
New coronavirus cases in the U.S. rose above 44,000 for the first time in nearly a week, with elevated numbers continuing in parts of the Midwest, while the total number of cases world-wide passed 30 million.
A Million Mortgage Borrowers Fall Through Safety Net
Some homeowners don't know they qualify for a coronavirus-relief program that allows them to delay home-loan payments, potentially leaving them vulnerable to foreclosure and eviction.
Lawmakers Close In on Spending Deal to Avert Shutdown
Lawmakers are aiming to unveil a bipartisan spending bill averting a government shutdown next month, but Democrats and Republicans remain at an impasse over another round of coronavirus relief.
Fed Details New Round of Big-Bank Stress Tests
The Federal Reserve will analyze large banks' ability to withstand two coronavirus-related recession scenarios as part of a second round of stress tests later this year, the central bank said.
Calpers Moves to Enhance Control of Investment Oversight
The overseers of the largest U.S. public pension system agreed late Wednesday to take a direct role in managing the retirement plan's chief investment officer.