Dollar and Yen had contrasting fortune last week, responding to divergent central bank expectations. Dollar found itself as the week's worst performer, a reflection of solidified expectations for Fed's first rate cut in June, reinforced by Fed Chair Jerome Powell's semiannual testimony. The cooling job US market is seen as unlikely to stand in the way. On the flip side, Yen staged a powerful rally, driven by a growing consensus around BoJ's rate increase this month, making Yen the best performer.
AT&T Inc. has begun to explore options for its 70% stake in DirecTV as it approaches the end of an agreement upon which it can legally sell its interest in…
Stocks are recovering mildly Wednesday, but if they fall much further technicals suggest bulls could be in for some serious pain in the weeks ahead before…
Stock futures drift higher, yields slide, with earnings on deck; JPMorgan leads bank earnings parade with growth outlook in focus; Tesla shares slump after another round of U.S. Price cuts; Boeing 737 Max makes first flight in China since 2019 grounding and Delta Air Lines earnings lead optimistic U.S. carriers.
Stocks Gain, China Hits Macau, Newsom Wins Recall-5 Things To Know thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.