High-Interest Rates on JPMorgan Chase Certificate of Deposit
JPMorgan Chase is providing the opportunity for investors to earn an impressive 6% interest rate on a certificate of deposit. This offer presents an attractive alternative for those seeking higher returns than traditional savings accounts c...
UK Regulator Begins Probe into Arcelik's Planned Merger with Whirlpool's European Appliances Business
The UK regulator launches an investigation into the planned merger between Arcelik and Whirlpool, citing concerns about reduced competition and potential impact on prices and choice for consumers. The merger would create the largest individ...
Government Funding Lapses: A Historical Perspective
Learn about the history and consequences of government shutdowns in the US, including their impact on the economy and federal employees.
Treasury Yields Approach 5% Amidst Rapid Increase
Treasury yields are nearing 5% at a fast pace, alarming analysts. The rise in yields, driven by a reassessment of the term premium, highlights concerns about government debt and the Federal Reserve's actions. Banks and Treasury holders face...
Washington Trust to Pay $9 Million to Settle Discrimination Allegations
Washington Trust, the oldest community bank in the US, will pay $9 million to settle allegations of lending discrimination against minority residents in Rhode Island. The settlement includes investment in a loan subsidy fund and community p...
Lessons from Goldman Sachs' Departing Commodities Head
Goldman Sachs' commodities research team reflects on their tenure and shares key insights, including the impact of investment cycles on oil prices and the influence of cartels. They also highlight the importance of monitoring top industry p...
Weekly Energy Department Data to Show Declines in U.S. Crude-Oil and Fuel Inventories
Upcoming Energy Department data is expected to show decreases in U.S. crude-oil and fuel inventories, according to a survey conducted by The Wall Street Journal.
Costco Wholesale Set to Report Fiscal Fourth-Quarter Results
Costco is set to release its fiscal fourth-quarter results, with analysts expecting growth in net income and sales. The back-to-school season and discretionary spending will be key areas to watch.
Canadian Wholesale Trade Shows Strong Growth in August
Canadian wholesale trade shows strong growth in August, with notable increases in sales of machinery, equipment, supplies, and miscellaneous goods. Sales of farm products, personal and household goods, motor vehicles and parts, and building...
Stock Market Bounces Back Despite Surging Treasury Yields
Despite rising Treasury yields, the stock market saw gains as investors remain optimistic. The Dow Jones Industrial Average rose 0.1%, reaching a close near 34,006. However, the increase in bond yields may result in higher borrowing costs a...