China’s XI Doesn’t Want the Fed to Raise Rates Either

China’s President Xi Jinping urged the world’s major economies not to rapidly raise interest rates at the virtual Davos summit, warning such action could threaten the global recovery. The yield on the...

Credit Suisse Chairman Quits After Breaching Covid-19 Rules

Text size António Horta-Osório, former chairman of Credit Suisse AFP via Getty Images Credit Suisse Chairman António Horta-Osório has resigned only 8 monthsafter being appointed, following a board inv...

Is the stock market open today? Here are the trading hours on Martin Luther King Jr. Day

Stock and bond markets in the U.S. will be closed Monday, January 17 in observance of Martin Luther King, Jr. Day, offering traders a rest after a volatile start to the year. The Securities Industry a...

Is the Stock Market Open Today? These Are the Martin Luther King Jr. Day 2022 Hours.

Text size Traders work on the floor of the New York Stock Exchange. Spencer Platt/Getty Images Investors looking for a brief respite from two weeks of volatile trading on Wall Street may get one on Mo...

The yield curve is no longer sending a don’t-worry-be-happy signal, warns bond king Jeffrey Gundlach

The S&P 500 SPX, +0.28% snapped a five-session losing streak on Tuesday, after Federal Reserve Chairman Jerome Powell vowed the central bank would use its “tools” to get inflation under control wi...

Moderna Shipped 800 Million Covid-19 Vaccine Doses in 2021

Text size Syringes with Moderna’s Covid-19 vaccine. Thomas Lohnes/Getty Images Moderna said in a letter to shareholders on Tuesday that it had shipped approximately 800 million doses of its Covi...

Omicron Takes a Toll on Businesses, From Airports to Bars and Supermarkets

The rapid spread of Covid-19’s Omicron variant is weighing on U.S. businesses, keeping more workers home sick or quarantined and leading some companies to cut services and reduce hours. The rise of U....