Economy

Major trading platform CEO sees signs of a bond ETF revival

Demand for bond ETFs appears to be rising. According to MarketAxess CEO Chris Concannon, there are signs Treasury ETFs are…

Job growth totals 236,000 in March, near expectations as hiring pace slows

Nonfarm payrolls growth in March was about in line with expectations, but showed signs that the jobs picture is in…

Stocks making the biggest moves midday: Costco, Bed Bath & Beyond, AMC, FedEx and more

Check out the companies making headlines in midday trading. Costco — The wholesale retailer’s shares dropped 2.2% after the company…

Layoffs are up nearly fivefold so far this year with tech companies leading the way

Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month and a giant acceleration from…

Stocks making the biggest moves premarket: Costco Wholesale, Richardson Electronics, FedEx and more

Check out the companies making headlines before the bell: Richardson Electronics – Shares rose about 0.7% after Richardson Electronics reported…

IMF says U.S-China tensions could cost the world about 2% of its output

The International Monetary Fund said in a Wednesday report that global tensions could disrupt overseas investment and eventually lead to…

Stocks making the biggest moves midday: Nvidia, Palantir, Western Alliance, Johnson & Johnson and more

Check out the companies making headlines in midday trading. Nvidia – Shares of the chipmaker slid about 3% a day…

McCarthy meets with Taiwan leader as China threatens ‘actions’ in response

House Speaker Kevin McCarthy and a bipartisan congressional delegation met Wednesday with Taiwanese President Tsai Ing-wen in Simi Valley, California, in…

Private payrolls rose by 145,000 in March, well below expectations, ADP says

Private sector hiring decelerated in March, flashing another potential sign that U.S. economic growth is heading for a sharp slowdown…

Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues

Allowing the bankruptcy of troubled lender Credit Suisse would have crippled Switzerland’s economy and financial center and likely resulted in…