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Market News

November 5, 2021
House to Vote Friday on Infrastructure Bill, While Delaying Larger Biden Plan
Speaker Nancy Pelosi set a House vote Friday on a $550 billion public works bill but delayed a vote on a larger tax and spending bill that forms the...
November 5, 2021
We Just Learned Another Lesson About What QE Actually Does
Large Scale Asset Purchases by central banks — commonly known as QE — are a popular tool with surprisingly little agreement on what’s...
November 5, 2021
Trump Can Operate Bronx Golf Course Pending Lawsuit, Judge Rules
The Trump Organization can continue to operate New York’s Ferry Point golf course in the Bronx while its lawsuit over the city’s cancellation of...
November 5, 2021
Glaxo Unveils Positive Data for Potential Blockbuster Anemia Drug
GlaxoSmithKline Plc released positive trial results for a potential blockbuster anemia pill the company is hoping will bolster its pharma portfolio...
November 5, 2021
U.S. Gasoline Exports Surge Even as Americans Pay Up at the Pump
While President Biden is fretting about high gasoline prices, even going as far as asking OPEC+ to raise oil output, U.S. refiners are exporting the...
November 5, 2021
Race Is On to Frack Shale Fields Before Costs Jump in 2022
November 5, 2021
Citi Tells Texas It Doesn’t Discriminate Against Gun Companies
Citigroup Inc.’s public finance heads told the Texas Attorney General’s office in mid-October that they believe the bank could comply with a new...
November 5, 2021
Fertilizer Prices Climb to New North American Peak, Squeezing Crop Margins
A gauge of North American fertilizer prices touched a new record high, driving up costs for farmers who are already experiencing tight margins and...
November 5, 2021
Rob Arnott on Market Bubbles and Profiting from Valuation Gaps
November 5, 2021
Moderna Cedes S&P’s Top-Performer Crown After Record Stock Swoon
Moderna Inc. plunged Friday, losing its title as the best-performing stock on the S&P 500 Index this year.