THE WALL STREET JOURNAL - Markets News
Updated: 1 hour 1 min ago
Saudi Arabia joined the small club of issuers that have borrowed for 100 years from investors, with its sovereign-wealth fund selling the ultralong debt as part of a $3 billion bond-market debut.
The oil cartel’s rationale for the production cut isn’t as important as how oil consumers interpret the move.
If Hurricane Ian leaves some ‘cat bond’ investors with losses, reinsurers might see improved pricing in the future.
The production cut move will likely push up already-high global energy prices and help oil-exporting Russia pay for its war in Ukraine.
Fast-spreading rumors circulating on Reddit and Twitter served as a reminder of the sway online forums can now exert over financial markets.
The sterling rebound suggests the U.K. isn’t on the brink of a currency crisis, but the government’s focus on “growth, growth and growth” still has little to back it up.
The South Korean company’s ambitious investments in its foundry business and the increasing politicization of the chip sector will be tailwinds over the long run.
U.S. stock futures fell after major indexes posted their biggest two-day gains in more than two years.
The most popular bets expire in a matter of days as equities experience some of the biggest swings since the 2008 financial crisis.
Some hedge funds that trade raw materials have generated blockbuster returns this year, making them among the major beneficiaries of exceptionally volatile commodity markets.
The activist investor had a stake in the social-media company worth well over $500 million before Tuesday, sources say.
Amid the online ad market turmoil and legal drama, Elon Musk’s path to reviving Twitter is uncertain.
The rush into the derivatives-based investment strategies concentrated risks in the market, sparking a Bank of England bond-market rescue.
Bridgewater Associates founder Ray Dalio stepped down as co-investment chief of the largest U.S. hedge fund firm, nearly five decades after he started it in his Manhattan apartment.
The two sides are discussing how the deal can be closed, and the judge overseeing their court case requested they come back to her by the end of the day with a potential plan that would allow the litigation to be dropped.
A decrease in job openings, if it is followed by other signs of cooling, could give the Fed reason to slow rate increases.
More people are taking emergency withdrawals from retirement plans because of natural disasters, but it should be a last resort, financial advisers say.
Investors are behaving like sugar-starved children offered a lollipop, grasping for it with delight only to scream when it is taken away again.
India wants to form a government panel that will have the power to overturn social-media companies’ content moderation decisions.
U.S. stock futures rose, putting major indexes on course to extend a strong start to the latest quarter, while a falling dollar and government bond yields offered investors some tentative relief.