Finance

Andrew Harrer | Bloomberg | Getty Images Neel Kashkari, president and chief executive officer of the Federal Reserve Bank of Minneapolis. Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday he finds it hard to believe that the US economy is in danger of overheating when wage growth is …

Stumbling technology stocks could soon face another hurdle if the Federal Reserve follows through on raising interest rates, Credit Suisse strategists said. “The performance of FAANG stocks [Facebook, Apple, Amazon.com, Netflix and Google’s parent Alphabet] relative to the broader market has moved inversely with interest rate direction since 2003,” Lori …

Stocks are entering “frothy territory” and could fall soon due to a turnaround in monetary policy, a Deutsche Bank economist said Monday, citing analysis that is used by some of the more notable names in finance. “We believe the equity market in developed countries begins to show symptoms of ‘froth,'” …

Aizar Raldes | AFP | Getty Images View of silver ingots during the presentation of the first series produced at the Karachipampa silver and lead foundry –which starts its activity 30 years after being built– in Potosi, south Bolivia. Silver futures suddenly dropped before quickly bouncing back in another “flash …

History shows that industrial stocks like United Technologies rally after large beats on the headline jobs figure. The nonfarm payrolls report Friday showed the addition of 222,000 jobs to the U.S. economy in June, topping the consensus estimate of 179,000 from economists polled by Reuters. That’s a beat of 43,000 …

Hedge funds have been betting on calm markets, and so far that trade has paid off. However, so many investors have made the same bet that several analysts worry the low market volatility can’t last much longer, resulting in a large market sell-off. As measured by short interest in the …

The opioid crisis has major costs for the U.S. economy, including the labor market, David Mericle, senior U.S. economist at Goldman Sachs, said in a Wednesday note. The report is one of the first from a major Wall Street bank focused on the growing epidemic killing more than 90 Americans …

Behrouz Mehri | AFP | Getty Images A man walks past a logo of Japanese mobile telecoms company SoftBank at a department store in Tokyo on May 10, 2017. Japan’s SoftBank Group is targeting raising between $3 billion and $5 billion through an offering of U.S. dollar bonds, according to …

Kim Hong-Ji | Reuters A man walks past a TV broadcasting still photographs released by North Korea’s state-run television KRT of North Korea’s Hwasong-14 missile, a new intercontinental ballistic missile, which they said was successfully tested, at a railway station in Seoul, South Korea, July 4, 2017. Hedge funds bought …

All the major economies of the globe and the companies that make them up are picking up steam at the same time right now, the first such simultaneous recovery in years. This is making the phrase “global synchronous recovery” among the favorites of bulls on Wall Street. “We expect all …