News

Shares of credit score provider Fair Isaac (FICO) fell Thursday after SEC filings showed selling activity by company insiders.

Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fears of an imminent economic slowdown.

(Bloomberg) -- A massive jump in the shares of a Brazilian waste management company has vaulted its founder into the ranks of billionaires in the South American country.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitShares of Ambipar Participacoes e

The S&P 500 was up 1.6% on Thursday, Aug. 15, 2024, as a strong retail sales report underscored the resilience of U.S. consumers.

Equities, Yields Rally as Markets Parse Macro Data, Corporate Earnings

(Bloomberg) -- Developing-nation currencies trimmed weekly gains after data underscoring the resiliency of the US economy cooled bets on an outsize interest-rate cut by the Federal Reserve next month. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitA