Markets Might Have Overreacted to Fed’s Signals
U.S. Treasury markets reacted to the Fed’s signal of a slower pace of rate cuts ahead with selloffs. Pepperstone said it feels as if markets have overreacted to Fed Chair Powell’s message.
Apple Faults Meta for Interoperability Requests
Apple called out Meta Platforms for seeking access to software tools that it said could compromise user privacy, a criticism ...
They Look Like CDs, but They’re Annuities—and Sales Are Booming
The Fed’s high rates have sparked a boom in a long-overlooked investment, and sales show little sign of slowing.
Antin Infrastructure Partners Exceeds $10 Billion for Fifth Flagship Fund
The Paris-based investment firm has closed the largest infrastructure fund so far in 2024.
Pepper…and Salt
Pepper…and Salt ...
Senate Advances Social Security Boost for Public-Sector Workers
If passed, the legislation would increase benefit payments to more than three million retired teachers, law-enforcement ...
A Tiny Arab Minority Stands Between Israel and Syria
The Arabic-speaking Druze community straddles the border between two countries—and like Israel fears Islamists.
Wall Street Journal4h
AUD/USD Set for Psychological Test of 0.6000
0404 GMT — Following the hawkish change in outlook by the Fed, AUD/USD has hit its lowest level in two years, falling to 0.6199 as U.S. yields and the U.S. dollar surged, says Tony Sycamore, market ...
Trump Sinks Bipartisan Spending Deal, Demands Streamlined Bill
President-elect floats idea of pairing revised legislation with raising the debt ceiling, after many Republican lawmakers, ...
Japan’s Central Bank Holds Rates as Uncertainties Complicate Outlook
The Bank of Japan held its policy interest rate steady on Thursday as it waits for uncertainties abroad to clear further and ...
Bangladesh’s New Dawn Is Darkened by Settling of Old Scores
When the prime minister was toppled in an uprising, it was supposed to be a fresh start for the country, but the wounds left ...