Tag: Stocks and Bonds

Global Stocks Fall as Pessimism Continues

Global markets mainly fell on Monday, setting the stage for a lower opening on Wall Street as investors digested a spate of bad news from the United States and Europe. Japan led the decline, though stocks fell broadly across Asia. The downturn carried over into European markets, but some indexes shed their losses through the […]

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Stocks Fall as Bond Market Flashes a Recession Warning

The bond market smells a recession. On Friday, stock investors caught a whiff too. Economic forecasters and Wall Street traders have been watching for months as interest rates on long-term United States government bonds have dropped toward the rates on short-term debt. Investors normally demand higher yields to buy longer-term bonds, and when those long-term […]

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Levi’s, Whose Jeans Are a Rugged Symbol of Americana, Prepares to Go Public

In San Francisco, where start-ups dream of populating the world with self-driving cars and robots, another breed of company is aiming for riches this week: Levi Strauss & Company. The maker of denim and Dockers, which traces its roots to the California Gold Rush, Levi’s is expected to start trading on the public markets on […]

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Home in Ashes, They’re Forced to Fight for Share of PG&E Money

Neil and Kathinka McKeown’s home in Calaveras County, Calif., burned down in a 2015 wildfire that regulators believe started when a power line made contact with a tree. Late last year, they thought they were finally close to rebuilding after reaching a seven-figure settlement with Pacific Gas & Electric, whose line was involved. But PG&E […]

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SoftBank and Other Investors May Buy $1 Billion Stake in Uber’s Self-Driving Cars

SAN FRANCISCO — Uber is in talks to sell a stake in its self-driving technologies unit to SoftBank and other investors for as much as $1 billion, as the ride-hailing company prepares to go public, according to four people with knowledge of the matter. The talks are still underway and may not result in an […]

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The Bull Market Began 10 Years Ago. Why Aren’t More People Celebrating?

Pablo Rochat Americans are still scarred by the financial crisis, and the fruits of this decade’s record-breaking rally fell mostly to the rich. March 9, 2019 The financial system had nearly collapsed. The deepest recession in decades was devouring over 700,000 jobs a month. Roughly $13 trillion in stock market wealth, slowly rebuilt since the […]

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Restricting Stock Buybacks Will Hurt the Economy

In recent weeks, politicians have offered a range of proposals that would impose new government restrictions on how companies use stock buybacks and dividends. While the proposals are billed as solutions to promote inclusive economic growth and sound corporate governance, attempts to restrict buybacks and dividends are misguided. They would undermine economic security rather than […]

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Before Lyft’s I.P.O., a Chance for Investors to Kick the Tires

SAN FRANCISCO — Lyft pulled back the curtain on its business for the first time on Friday as it prepared to go public, officially starting the countdown on a horde of technology offerings that are set to bring new wealth to Silicon Valley this year. By publicly unveiling the prospectus for its initial public offering, […]

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This Stock Market Rally Has Everything, Except Investors

Armchair investors have been selling stock. So have pension funds and mutual funds, as well as a whole other category of investors — nonprofit groups, endowments, private equity firms and personal trusts. The stock market is off to its best start since 1987, but these investors are expected to dump hundreds of billions of dollars […]

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What’s Really in Your Index Fund?

John Bogle, the father of low-cost investing, once said that the index fund was the “most successful innovation — especially for investors — in modern financial history.” It’s easy to see why. Index funds typically track a broad group of stocks, like all the companies in the Dow Jones industrial average or the S.&P. 500. […]

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Former Senior Apple Lawyer Charged With Insider Trading

SAN FRANCISCO — A former senior lawyer at Apple who oversaw the company’s insider trading policies was himself accused of insider trading by federal prosecutors and securities regulators in complaints made public on Wednesday. The Securities and Exchange Commission said in a suit that Gene Levoff, a former senior director of corporate law and a […]

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Flip-Flop by Fed Scrambles Outlook for World Markets

Once again, the Federal Reserve has upended markets. Investors had been bracing for the Fed to keep raising interest rates and shrinking its vast portfolio of assets, the equivalent of tapping on the brakes of the United States economy. But this year, the central bank has signaled that it was backing off. Much has been […]

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Democrats Aim to Limit Corporate Windfall From Trump Tax Cut

Top Democrats, eager to reverse a corporate windfall created by President Trump’s $1.5 trillion tax cut, are galvanizing around economic policies aimed at limiting the ability of companies to enrich shareholders. The efforts, led by a group of populist presidential candidates and a Senate leader who was long a darling of Wall Street, are part […]

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Trump Nominates David Malpass to Head World Bank

WASHINGTON — President Trump on Wednesday nominated David Malpass, one of his top economic advisers and a Wall Street veteran, to be the next president of the World Bank. Mr. Malpass, currently the under secretary for international affairs at the Treasury Department, is a longtime critic of the World Bank’s lending practices and its business […]

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Biggest Public Company? Microsoft. Wait, Apple Again. Amazon? No, Back to Microsoft.

Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ Within minutes of the stock market’s opening trades on Tuesday, Apple had reclaimed the title of most valuable American company for the first time in more than two months. By around midday, Microsoft had taken […]

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Big Tech Is No Longer Carrying the Stock Market

One by one, the concerns that have hung over the stock market have faded. Fears that the United States economy would dip into a recession this year have eased. The Federal Reserve seems to be finished raising interest rates for the foreseeable future, and optimism has increased that the United States and China could end […]

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Strategies: Once the ‘Bond King,’ Bill Gross Is Retiring, His Star Dimmed

William H. Gross, the “Bond King,” is going into retirement. Mr. Gross, who co-founded the investment firm Pimco in 1971 and built it into a $2 trillion colossus, entertained investors with quirky pronouncements over many decades. He left unceremoniously in a nasty dispute in 2014, and joined Janus Henderson Investments, which announced his retirement on […]

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