Markets
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Cutera fires CEO and executive chair for cause in dispute over succession plan
Cutera Inc., a Brisbane, Calif.-based provider of equipment for beauty treatments such as body sculpting, fired its executive chair Daniel Plants and its chief executive David Mowry for cause on Wednesday in a dispute about the company’s CEO succession plan. The news sent the stock CUTR down 27% to put it on track for its…
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U.S. stocks end lower, Dow snaps 4-day win streak after Fed minutes stoke recession concerns
U.S. stock indexes finished lower in choppy trade on Wednesday after minutes from the Federal Reserve’s March policy meeting showed policymakers agreed that the stress in the banking sector would slow U.S. economic growth. Investors also assessed a March consumer price index report which shows inflation slowing, though still elevated. How stock indexes traded On…
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GBX Stock Price | Greenbrier Cos. Inc. Stock Quote (U.S.: NYSE)
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2- and 10-year Treasury yields rise for fourth straight session ahead of U.S. inflation report
U.S. yields finished mostly higher on Tuesday, with 2- and 10-year Treasury rates advancing for a fourth consecutive session, as traders awaited the March consumer-price index report on Wednesday. What happened What drove markets U.S. bond yields were initially softer on Tuesday after data from China showed consumer inflation falling.Rates turned higher as the New…
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Who is the highest-paid women’s college basketball coach?
South Carolina women’s basketball head coach Dawn Staley earned a shot to help her team defend its national title after beating Maryland in the Greenville Regional 1 final on Monday night. In October 2021, Staley, who earned a third straight trip to the Final Four, inked a seven-year, $22.4 million contract — a $1 million…
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How a decelerating U.S. economy could impact rest of world, putting spotlight on the dollar
Investors, traders and analysts are weighing the potential ramifications of a slowing U.S. economy on the rest of the world, with some concluding that a less dollar-friendly environment is in store.Of the two potential scenarios foreseen by strategists at TD Securities TD — one in which the U.S. pulls down other countries with it, the…
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WY Stock Price | Weyerhaeuser Co. Stock Quote (U.S.: NYSE)
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Why BlackRock is upping its bet on bonds pegged to inflation
BlackRock has upped its overweight of inflation-linked bonds, a move the giant asset manager said it made in March to “quickly take advantage” of the market pricing in a lower cost of living despite persistent price pressures. Last month bond yields dropped after the sudden failure of Silicon Valley Bank and Signature Bank, as investors…
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‘I’m retired and live off Social Security’: Will canceling 10 credit cards hurt my credit score? If so, how long will it take to recover?
April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their money wisely. Read more here. Dear Quentin, I’m a 67-year-old widower with a credit score of around 800. I’…