This Day In Market History: US Treasury Begins Issuing STRIPS
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
Tesla Debt Upgraded By 2 Slabs At Moody’s: Why The Rating Firm Is Bullish On The EV Maker
Credit ratings agency Moody’s on Tuesday raised Tesla Inc’s (NASDAQ: TSLA) debt rating by two slabs, to Ba1 from Ba3, and said the Elon Musk-led company is on track to maintain its dom
Why JPMorgan Shares Are Rising Today
Shares of banks and financial services companies, including JPMorgan Chase & Co (NYSE: JPM), are trading higher Monday following a rise in yields after U.S. President Joe Biden announced he would nominate Fed chair Jermone Powell for a second term.
Why Bank Of America Shares Are Trading Higher Today
Shares of banks and financial services companies, including Bank Of America Corp (NYSE: BAC), are trading higher Monday following a rise in yields after U.S. President Joe Biden announced he would nominate Fed chair Jermone Powell for a second term.
Experts React To 6.2% CPI Inflation, Highest Since 1990
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.3% on Wednesday morning after the Labor Department reported a 6.2% increase in the consumer price index in the month of October, the fastest inflation growth since late 1990.
An Explainer By DelphX On Bringing The Credit Default Swap Into The 21st Century
An age-old concern in banking revolves around the risk of non-repayment.
Banks would have billions, at times, in loans to entities — everything from governments to businesses — and, given regulatory frameworks, they would be obliged to hold collateral in case of default.
Fed To Immediately Begin Tapering Asset Purchases By $15B Per Month
The Federal Reserve maintained its target fed funds rate range of between zero and 0.25% on Wednesday. The Fed also said it will begin tapering its monthly asset purchases before the end of November.
Int’l. Paper Reports Cash Tender Offer For Up To $500M Combined Aggregate Principal Amount Of Outstanding Notes
International Paper Company (NYSE:IP) (the "Company") announced today that it has commenced a cash tender offer (the "Offer") for up to $500 million aggregate principal amount (the "Aggregate
How David Tepper Is Navigating Uncertainty In The Markets
Appaloosa Management's David Tepper expressed uncertainty about the direction of the markets in the short term as a result of interest rates and rising inflation.
