At a Brooklyn Pawnshop, Customers Are Flooding In to Sell Gold
Investors and metals traders can’t agree on what exactly is behind gold’s recent rally. At King Gold & Pawn in Brooklyn, the customers don’t care.
Recent
High Interest Rates are Getting More Challenging for Even the Biggest Banks
A key revenue source for three giant banks fell the first three months of the year, showing even the biggest financial institutions are struggling.
More Companies Are Defaulting Over and Over Again, S&P Says
The percentage of companies that have defaulted on their debt more than once has reached its second highest level since 2008.
As US Bank Profits Drop, Focus Shifts to Interest Income Outlook
As U.S. banking giants report slightly lower first-quarter profits, investors will focus on income executives expect from interest payments this year.
Bond Traders Are Preparing For a 5% Yield, No-Rate-Cut World
Bond traders are readying for 10-yr US Treasury yields surpassing 5% as the scenario of no rate cuts by the Federal Reserve this year looks possible.
2024 Interest Rate Reductions are Becoming Increasingly Unlikely
Early predictions of multiple interest rate reductions are transitioning to a scenario where cuts in 2024 are becoming increasingly unlikely.
How a 'Year of Global Rate Cuts' Could Push the S&P 500 to 5,750: Morning Brief
The US economy is so strong that even the most bullish Wall Street strategist is underestimating stock returns this year.
