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  • Business
    Bloomberg

    Pimco Says BOJ May Raise Rates Higher Than Markets Expect

    (Bloomberg) -- The Bank of Japan may raise interest rates three more times even after last month’s historic hike, according to Pacific Investment Management Co. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsJavier Milei Fuels Wild Rally That Makes

  • Business
    Bloomberg

    Tech Reverses US Stock Losses as Treasuries Drop: Markets Wrap

    (Bloomberg) -- Stellar earnings reports from Microsoft Corp. and Alphabet Inc triggered an after-hours tech rally that sent US futures higher. A selloff in Treasuries drove benchmark yields to new highs for the year.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapBiden’s Gains Against Trump Vanish on Deep Economic Pessim

  • Business
    Bloomberg

    Intel Slides After Tepid Forecast Shows Comeback Challenges

    (Bloomberg) -- Intel Corp., the biggest maker of personal computer processors, tumbled in late trading after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapBiden’s Gains Against Trum

  • Business
    Bloomberg

    BOJ Tightening Bets Help Revive a Rally in Value and Bank Stocks

    (Bloomberg) -- The possibility of a more hawkish tilt by the Bank of Japan at this week’s policy meeting means it may be too early to call time on the rallies in banks and other value stocks.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsJavier Mil