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Global Bonds Swoon as Investors Bet on Inflation, Growth

Global Bonds Swoon as Investors Bet on Inflation, Growth

Selling in government bonds intensified around the world Monday, as a pick up in global growth is leading investors to embrace stocks and other risky investments while dumping more staid holdings like bonds.

Published 4 months ago

Wynn Resorts Is the Biggest Test for Investors’ Tolerance

Wynn Resorts Is the Biggest Test for Investors’ Tolerance

Wynn Resorts has lost $3 billion in market value since its founder and chief executive was accused by former employees of behavior that amounts to a decadeslong pattern of sexual misconduct. The situation is unique because of Steve Wynn’s role and his outsize importance to the company.

Published 4 months ago

Why Is the Dollar Weak? Because the Rest of the World Is Strong

Why Is the Dollar Weak? Because the Rest of the World Is Strong

Companies are rushing to announce investments in the U.S. thanks to tax cuts and deregulation. Yet the dollar is having its worst 12 months since 2011. The explanation for the weak dollar is simple and puzzling.

Published 4 months ago

U.S. Military Casualties in Afghanistan Rose in 2017

U.S. Military Casualties in Afghanistan Rose in 2017

The increase in U.S. military action in Afghanistan over the past year has been accompanied by a higher number of casualties, with 141 American service members killed or wounded in the 12-month period through November.

Published 4 months ago

FBI Deputy Director Andrew McCabe to Step Down

FBI Deputy Director Andrew McCabe to Step Down

Deputy FBI Director Andrew McCabe told colleagues Monday he would leave his post effective immediately, according to a person familiar with the matter, after becoming a lightning rod for criticism from President Donald Trump and some congressional Republicans.

Published 4 months ago

Global bond market sell-off gains pace

Global bond market sell-off gains pace

Yield on 10-year US Treasury above 2.7 per cent for first time in nearly four years

Published 1 second ago

Simmering US economy carries perils for Powell

Simmering US economy carries perils for Powell

New Fed chairman must balance low inflation against signs of overheating markets

Published 1 second ago

‘The Last Jedi’ Loses Sales Momentum, Raising Concern for Disney

‘The Last Jedi’ Loses Sales Momentum, Raising Concern for Disney

Despite being one of the past year’s most successful movies, “Star Wars: The Last Jedi” has fallen short of Wall Street’s expectations due to a faster-than-expected falloff at the box office, declining toy sales and a poor showing in China.

Published 4 months ago

Japan’s Cryptocurrency Whiz Kid Faces $530 Million Reckoning

Japan’s Cryptocurrency Whiz Kid Faces $530 Million Reckoning

Coincheck founder Koichiro Wada wanted to make a splash in Japan’s stodgy financial world. But engineers said he and his company put expansion ahead of security.

Published 4 months ago

Noble Group executives to emerge with stake after debt deal

Noble Group executives to emerge with stake after debt deal

Creditors take control of commodity trader as shareholders all but wiped out

Published 1 second ago

China’s Xi Looks to Ally to Fix U.S. Relations

China’s Xi Looks to Ally to Fix U.S. Relations

China’s President Xi Jinping is turning to a trusted political ally who ran his potent anticorruption campaign to help manage the critical but fraught relationship with the U.S. as trade tensions escalate, according to officials familiar with the leadership’s thinking.

Published 4 months ago

Chemotherapy, a Trusty Weapon Against Cancer, Falls Out of Favor

Chemotherapy, a Trusty Weapon Against Cancer, Falls Out of Favor

Eminent breast-cancer doctors disagree on whether to prescribe less chemotherapy; some worry about the treatment’s ‘toxicities’ and others say it saves lives

Published 4 months ago

GE is a rare loser from US tax reform

GE is a rare loser from US tax reform

Published 1 second ago