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We started buying semiconductor giant Broadcom (AVGO) last month and added to our position a few times since it reported fiscal third-quarter results Aug. 31. We…
Hundreds of thousands of borrowers are expected to receive at least $6 billion in student loan forgiveness under a landmark settlement agreement between the Biden administration…
Japan’s second-largest automaker, Honda Motor stock (NYSE: HMC), has seen its stock outperform this year, rising by almost 60% year-to-date. Honda is seeing its volumes recover…
Key News Powell’s “higher for longer” press conference indicating one more rate hike in 2023 pounded Asian equities overnight, sending the US dollar higher. The Asia…
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The U.S. Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance…
By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) – Japan won’t rule out any options in addressing excess volatility in currency markets, the government’s top spokesperson…
As benchmark approaches the $100 per barrel mark, a new high for 2023 set on Tuesday, worries about a potential U.S. recession and inflationary pressure have…
© Reuters. (Reuters) – Flows into actively managed exchange traded funds (ETFs) outpaced those into their passively managed counterparts last month, data from Morningstar showed, continuing…
Guy LeBas, chief fixed income strategist at Janney, performed the very useful service of annotating the press conference of Federal Reserve Chair Jerome Powell with GIFs…
Demand for housing is falling as mortgage rates stay firmly above 7%. The 30-year fixed-rate mortgage averaged 7.19% as of Sept. 21, according to data released…