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Fed s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience

Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to…

Jane Street Strategy in Millennium Suit Involved India Trading, Hearing Reveals

The allegedly secret trading strategy over which Jane Street Group is suing two former traders and Millennium Management involves options trading in India,…

Tesla Spends Weekend Cutting Prices of Cars and FSD Software

Tesla Inc. spent the weekend cutting prices of its models across China, Europe and the US amid slumping sales and a glut of inventory. • None Traders Are…

Traders Are Cashing Out of Markets En Masse

The great market rally of 2024 looks dangerously close to unraveling as Wall Street’s once-invincible bull brigade begins to withdraw its winnings. • None…

Priced to Perfection Starts to Unravel as Debt Markets Get Jitters

Credit investors got a dose of economic and geopolitical reality this week as hawkish comments from central bank officials about borrowing costs and tensions…

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