BlackRock Inc.’s chief investment officer for global fixed income, Rick Rieder, said the cooling labor market supports speculation that the Federal Reserve is done raising rates, making bonds more appealing than they have been in months.
Jon S. Corzine’s critics are making a renewed effort to halt the comeback attempt of the former head of MF Global Holdings more than a decade after the derivatives brokerage imploded and about $1 billion in customer money went missing.
The cost to transport America’s harvest from the Midwest to the rest of the world is soaring as shrinking water levels on the Mississippi River drive up barge freight rates — with below-average rainfall forecasts offering no relief.
Singapore’s former deputy premier Tharman Shanmugaratnam appeared set to win Friday’s presidential race by a large margin, suggesting voters didn’t let recent scandals involving the ruling party affect their decision to support him.
The Atlantic Coast Conference said Stanford University, the University of California at Berkeley and Southern Methodist University will join the league in the latest realignment in college sports.
Fidelity International’s Salman Ahmed is sticking by his call for a recession even as Wall Street ups wagers that the Federal Reserve has navigated the US economy toward a soft landing.
Federal Reserve Bank of Cleveland President Loretta Mester said US inflation remains too high despite recent improvements, and the labor market is still strong.
New ethical bonds from Africa may face weak demand from investors after Gabon suffered a coup just following the completion of a debt-for-nature swap, according to BNP Paribas SA.
Former Treasury Secretary Lawrence Summers said that while he still sees challenges for the US economy to avert a downturn as policymakers battle inflation, the odds are improving that it can.
Russia has placed its Sarmat intercontinental ballistic missile on combat alert, bringing into commission a weapon capable of carrying nuclear warheads that President Vladimir Putin earlier said would guarantee the nation’s security.
