US Treasuries consolidated gains in a choppy trading session with markets remaining confident that policymakers at the Federal Reserve are still on a path toward lower interest rates. The advance on Thursday briefly pushed yields on five-year notes below 4% for the...

Accenture warned Thursday that cost-cutting measures led by Elon Musk’s Department of Government Efficiency will hurt its bottom line because several multi-million dollar contracts were canceled — sending shares tumbling 7%. The consultancy giant’s CEO Julie Sweet...

The Federal Reserve needs to make it clear at its policy meeting this week that it may have to cut rates if there are continuing signs that the economy is slowing, according to Mohamed El-Erian. For now, the Fed should postpone rate cuts while also avoiding raising...

Cheerios maker General Mills Inc. cut its guidance for fiscal 2025 sales in a sign of slowing consumer spending across the US. Organic sales are expected to fall as much as 2% this year, the company said on Wednesday. General Mills, which is now in its fourth quarter,...

Meta Platforms Inc. tumbled into negative territory for the year on Tuesday, becoming the last of the so-called Magnificent Seven stocks to lose its year-to-date gain. The Facebook parent fell 3.7%, extending a recent selloff that now has it down 0.5% for 2025. The...

ESG fund bosses battered by years of underperforming returns are rapidly redefining their mandates to make room for highly lucrative defense bets. Since Russia’s 2022 invasion of Ukraine and through the end of the fourth quarter of last year, the share of sustainable...