News
Moody's Downgrades Mexico to Baa3 With Stable Outlook
2+ week, 2+ day ago (215+ words) Moody's Ratings said it downgraded Mexico's ratings, and changed its outlook to stable from negative. Mexico's long-term local and foreign-currency issuer and senior unsecured ratings were cut to Baa3 from Baa2, Moody's said. According to Moody's, the downgrade reflects sustained weakening in…...
Weekly Market Update: Stocks Fall as Tech and Consumer Cyclicals Drop
14+ hour, 59+ min ago (559+ words) Morningstar...
May Jobs Report Shows Strong Hiring, but a Fed Rate Hike Isn't a Done Deal
1+ day, 34+ min ago (528+ words) Odds of a rate hike jump on solid job gains, but subdued wage growth could help the Fed stay on hold. Hiring across much of the US economy picked up speed, with the May jobs report showing gains well above…...
K-Startup Grand Challenge 2026: Korea's Full-Cycle Launchpad for Global Startups
1+ day, 11+ hour ago (281+ words) South Korea's Ministry of SMEs and Startups (MSS) has opened applications for the K-Startup Grand Challenge (KSGC), the country's premier government-backed acceleration program for international startups targeting Korea and Asia. Since 2016, KSGC has attracted 21, 537 applicants from more than 100 countries, among…...
UCLA Anderson Forecast Says Oil Shock Has Replaced Tariffs as Leading Risk to U. S. Economy
3+ day, 5+ hour ago (560+ words) LOS ANGELES, June 3, 2026 California continues to outpace the nation in output and income, but employment growth remains tepid The primary economic impact of the oil shock is inflation. Headline CPI inflation rose from 2. 4% to 3. 8% over two months and is expected…...
May Jobs Report Seen Showing Continued Healthy Job Gains
2+ day, 21+ hour ago (399+ words) Economists forecast a broadening of hiring beyond healthcare and education. Economists forecast the May employment report to show a third consecutive month of six-figure job gains, which would follow a stronger-than-expected showing in April. They also predict that the economy…...
FEE Asks America: "What's Behind the Affordability Crisis?" " With a $1 Million Prize Quiz
4+ day, 19+ min ago (384+ words) WASHINGTON, June 2, 2026 A new national contest from the Foundation for Economic Education invites Americans to take a 10-question quiz. The questions enable respondents to understand the economic forces causing America's affordability problems. Taking the quiz will help one lucky winner…...
These Top Bond Managers Say Yields are Attractive, But Are Wary of Datacenter Debt
1+ week, 17+ hour ago (992+ words) Baird's Mary Ellen Stanek and Warren Pierson discuss how they're playing the rise in the bond yields, the outlook, and what's they're avoiding. The pair believes current yields look attractive. Though much rides on a resolution to the Iran war,…...
Markets Brief: Will the Fed Really Raise Rates in 2026?
1+ week, 4+ day ago (387+ words) Plus: Blockbuster Q1 S&P 500 earnings, and five years after Engine No. 1 vs. Exxon. Powered by strong first-quarter earnings, stocks have withstood rising bond yields and a lack of progress toward concluding the Iran war. In this week's Markets Brief, we…...
Why You Shouldn't Rule Out Bank Loans
2+ week, 2+ day ago (189+ words) These two bank-loan funds can help investors navigate an environment upended by the software industry's recent woes. After an extended period during which floating-rate loans rewarded investors with generous income and low volatility, sentiment has swung sharply the other way....