Tag: Interest Rates
Stocks routed by US recession risk, bonds bet on rapid rate cuts
By Wayne ColeSYDNEY (Reuters) -Share markets tumbled and bonds rallied in Asia on Monday as fears the United States could be heading for...
Bank of England cuts interest rate to 5% in first drop since 2020
UK interest rates have been cut for the first time in more than four years, releasing some pressure on borrowers as the Bank...
Automakers hit 'significant storm,' as buyers reject lofty prices at time of huge capital outlays
DETROIT (AP) — Investors are punishing automakers' stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices,...
Realty Income Is Down So Far in 2024 — But Here's Why I'm Buying Shares Now
Realty Income (NYSE: O) stock has fallen a bit in 2024, with shares down by 3% for the year as of this writing....
Japan finds a 'stealth' cure for zombie businesses: Let them fail
By Makiko Yamazaki, Ritsuko Shimizu and Anton BridgeKAKAMIGAHARA, Japan (Reuters) - For much of its 72 years, Hitoshi Fujita's company was just another...
ARK Investment's Cathie Wood defends strategy in letter to investors
By Suzanne McGee(Reuters) - Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm's money-losing flagship fund, telling...