LoginSimple Economic Explanations Keep Breaking Down. Here's Why.
22 October 2024 at 03:00
These narratives can be useful when examining how markets behave, but don’t expect them to explain the economy.
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Today — 22 October 2024Main stream
Euro's Weakness Vs. Dollar May Persist, Chart Shows
22 October 2024 at 03:24
The euro’s weakness against the dollar may persist, based on weekly chart, said UOB’s Quek Ser Leang.
JGBs Fall, Tracking Overnight Slide in U.S. Treasurys
22 October 2024 at 00:49
JGBs fell in early Tokyo trade, tracking the overnight slide in U.S. Treasury prices.
Oil Prices Mixed, May Be Supported by Lingering Geopolitical Tensions
22 October 2024 at 00:34
Oil futures were mixed in early Asian trade. Traders are waiting for more information on Israel’s targets for a strike against Iran, keeping a floor under oil prices, TD Securities said.
Gold Edges Higher Amid Global Monetary Easing, Geopolitical Tensions
22 October 2024 at 00:22
Gold edged higher in Asian trade. The precious metal has risen, supported by monetary-easing measures worldwide, FlowCommunity said.
Yesterday — 21 October 2024Main stream
India's Sensex Rises 0.4%, Led by Bank, Tech Stocks
22 October 2024 at 04:42
Indian shares were higher, led by gains in bank and tech stocks as hopes for domestic earnings growth continued.
Activist Urges Cheesecake Factory to Consider Breakup
21 October 2024 at 21:00
A Houston-based investor is asking the restaurant operator to spin out three brands.
U.S. Gasoline Prices Tied to Geopolitics as Election Nears
21 October 2024 at 17:44
The U.S. Energy Information Administration in its latest Short Term Energy Outlook estimated that national gasoline prices will average $3.20 a gallon in 2025, down from $3.30 this year and $3.50 in 2023.
U.S. Natural Gas Futures Recover Some Ground
21 October 2024 at 19:01
U.S. natural gas futures clawed back some of last week’s losses while participants remain anxious about demand heading toward the winter heating season.
Disney to Name Bob Iger's Successor in Early 2026
21 October 2024 at 13:27
The company also said Mark Parker resigned as the chairman and named James Gorman as his replacement, effective Jan. 2.
© Agence France-Presse/Getty Image
SSAB Gets $139 Million in Swedish State Aid to Help Decarbonize
21 October 2024 at 11:57
The EU approved Swedish state aid worth $139.1 million to help steelmaker SSAB decarbonize its production.
© jonathan nackstrand/Agence France-Presse/Getty Images
Novo Nordisk New Pill Reduces Heart Attacks, Strokes in Diabetic Patients
21 October 2024 at 10:24
The Wegovy maker’s once-daily pill to treat type 2 diabetes has shown it cuts the risk of heart attacks and strokes in patients by up to 14%, according to a new trial.
© tom ittle/Reuters
Behind Many Powerful Women on Wall Street: A Doting 'Househusband'
21 October 2024 at 09:30
More men are staying home to facilitate the complex juggle of family life and their wives’ high-powered careers.
© EMLI BENDIXEN FOR WSJ (2)
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WSJ.com: US Business
- Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'
Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'
21 October 2024 at 09:30
Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort.
© ryan collerd/Agence France-Presse/Getty Images
J&J's Ketamine-Derived Drug Is Taking Off
21 October 2024 at 09:30
Spravato, a depression treatment derived from club drug ketamine, was looking like a dud. Its recent success now shows a path forward for psychedelic-based medicines.
© Eli Imadali for WSJ
Empty Tables and Rising Costs Push More Restaurants Into Bankruptcy
21 October 2024 at 09:30
Red Lobster, Roti and other chains are closing locations as chapter 11 filings grow.
© mike blake/Reuters
Basic Materials Roundup: Market Talk
21 October 2024 at 09:25
Read about BHP, South32 and more in the latest Market Talks covering Basic Materials.
© siphiwe sibeko/Reuters
Neuberger Berman Forms Consortium With EQT to Buy Nord Anglia Education
21 October 2024 at 08:58
Neuberger Berman Private Markets formed a consortium with Swedish buyout group EQT, Canada Pension Plan Investment Board and other institutional investors to buy Nord Anglia Education in a deal that values the international schools operator at $14.5 billion.
© Neuberger Berman
Financial Services Roundup: Market Talk
21 October 2024 at 08:53
Find insight on Munich Re, Bank CIMB Niaga, National Australia Bank and more in the latest Market Talks covering Financial Services.
© carlo allegri/Reuters
