U.S. Jobless Claims Hit Lowest Level in Five Months
U.S. applications for unemployment benefits fell last week to the lowest level since the spring as many employers hesitate to lay off workers despite a slowing economy. Initial jobless claims,…
More Companies Than Ever Are Sharing How Much Jobs Pay
Ready or not, what your job pays is about to get a lot less private. California, with its roughly 19 million workers and some of the biggest US companies, Tuesday…
Global Bonds Rally After 10-Year Treasury Yield Touches 4%
Government bonds in Europe and the U.S. rallied Wednesday after an announcement by the Bank of England that it would buy longer-term U.K. bonds served to ease investors’ concerns about…
The Return of Inflation Makes Deficits More Dangerous
It’s tempting to see the market backlash against the British government’s proposed income-tax cut as a uniquely British problem. That would be a mistake. The markets are sending a deeper…
Bank Stocks Are No Haven From Rising Rates
Rising rates have been good for bank stocks in the past. That time appears to be over—for now. If casual investors know anything about bank stocks, it may be that…
As Hurricane Ian Approaches, Miami Firms Help Condos Fortify Buildings to Comply With New Law
A new Florida law that tightens the rules around condo inspections is spawning a new cottage industry in the Miami area, as real-estate firms compete to offer services to enable…