Many international investors have been checking out of Japanese stocks, but keeping exposure to a cash-rich and cheaply priced market is a sensible proposition. Read More WSJ.com: Markets...
Statement by Federal Reserve Board Chair Jerome H. Powell on the passing of Thomas Laubach, director of the Division of Monetary Affairs Read More FRB: Press Release - All Releases...
Commerzbank and DWS chose to drop the accounting firm’s German affiliate. Both would face conflicts of interest if they decided to sue EY for any role it played in auditing Wirecard, while also being audited by it. Read More WSJ.com: Markets...
A group of buyout investors has made a takeover offer for railroad operator Kansas City Southern, which has a market value of more than $17 billion, according to people familiar with the matter. Read More WSJ.com: Markets...
The company faces a civil fraud investigation over its early failure to fully disclose its practice of selling clients’ orders to high-speed trading firms, people familiar with the matter said. Read More WSJ.com: Markets...
More than $30 billion in new assets hit the U.S. ETF industry last month. Read More ETF.com...
Even if the economy performs poorly over the next month, third-quarter gross domestic product is going to look very good. And even if the economy does well in September, it will still be in a deep hole. Read More WSJ.com: Markets...
The retailer fared better than expected last quarter, bolstered by off-price and luxury, but that isn’t enough to start celebrating. Read More WSJ.com: Markets...
Do-It-Yourself tactical asset allocation weights for the Robust Asset Allocation Index are posted here. (Note: free registration required) Request a free account here if you want to access the site directly. Exposure Highlights (bold implies a month over month change):The information contained herein is only...
A rebound in the U.S. currency drove a slide in gold and silver prices, highlighting a risk to this year’s booming rally in precious metals. Read More WSJ.com: Markets...