Investors have got the jitters as a big week unfolds — several central bank meetings including the Fed, earnings from Apple and Amazon.com, and jobs data. Yikes. Read: The Fed and the stock market are set for a showdown this week. What’s at stake. Any investor out there who...
““Boris, I don’t want to hurt you, but with a missile it would only take a minute.”” — Boris Johnson That’s former U.K. Prime Minister Boris Johnson’s account of a conversation he had with Russian President Vladimir Putin on the eve...
By Xavier Fontdegloria Spain's inflation unexpectedly edged up in January, breaking a string of five consecutive months of falls, due to higher gasoline prices as the government's fuel subsidies were scaled back. Consumer prices rose 5.8% in January on year by European Union-harmonized standards, accelerating from a 5.5% increase...
The panel responsible for the nation’s first state-level exploration of reparations for Black Americans discussed an important question this weekend: How will the state pay for reparations? The California reparations task force listened to testimony from experts who suggested possible sources for compensation, after previous meetings had touched on...
The Kansas City Chiefs were still celebrating on the field Sunday night when oddsmakers moved them from slight favorites to win the Super Bowl over the Philadelphia Eagles to slight underdogs. After the Chiefs opened as a 1.5-point favorite by BetMGM MGM, +0.24%, the betting line quickly shifted, favoring...
SYDNEY — Shares in Insurance Australia Group Ltd. IAG, -3.35% fell early Monday after the general insurer said that claims in New Zealand will likely rise after severe storms and flooding around Auckland, and that it may review its natural peril costs for fiscal 2023. The stock was down...
In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that could only be the beginning. After tech stocks were decimated in 2022, investors will be looking for signs of a turnaround in holiday reports and potential forecasts for the...
SINGAPORE — China’s top nuclear-weapons research institute has bought sophisticated U.S. computer chips at least a dozen times in the past two and half years, circumventing decades-old American export restrictions meant to curb such sales. A Wall Street Journal review of procurement documents found that the state-run China Academy...
Rising prices have kept diners away from many restaurants, but not McDonald’s Corp. As the ubiquitous burger chain prepares to report fourth-quarter results on Tuesday with its stock close to record highs, Wall Street could get pickier about signs of the company’s growth, though analysts were largely upbeat...
Sammy Hagar says he still can’t drive 55. But it’s hard to tell if he means that literally, or if he’s speaking about his take-no-prisoners philosophy of life as a whole. Hagar — aka the Red Rocker — is the Rock & Roll Hall of Famer best known for...