Walgreens’ junk bonds among biggest decliners in high-yield market after earnings disappoint

by OverviewFX | Jun 27, 2024 | Stocks

A bond issued by Walgreens Boots Alliance Inc. was one of the biggest decliners in the high-yield market on Thursday, swept up in the downdraft of a stock that was trading at a 27-year low.

SpaceX tender offer would value Elon Musk’s space company at $210 billion, report says

by OverviewFX | Jun 27, 2024 | Stocks

Elon Musk’s SpaceX will sell insider shares in a tender offer that values the private space company at over $200 billion, according to a report.

Recession almost ruined our retirement — but now we’re living the good life in Ecuador for $2,000 a month

by OverviewFX | Jun 27, 2024 | Stocks

The financial wreck of their lives was replaced with an upscale lifestyle they never could have imagined

Fed’s Bostic sees one rate cut as likely this year but says he isn’t ‘locked in’

by OverviewFX | Jun 27, 2024 | Stocks

Atlanta Federal Reserve Bank President Raphael Bostic said Thursday that he is sticking with his forecast of one quarter-point interest-rate cut this year, sometime in the October-December quarter.

PCE inflation report likely to show little or no price increases in past month

by OverviewFX | Jun 27, 2024 | Stocks

The Federal Reserve has been waiting for good news on inflation all year — and now it looks like it’s going to get it on Friday.

Supreme Court gives emergency abortion care in Idaho a temporary reprieve 

by OverviewFX | Jun 27, 2024 | Stocks

The U.S. Supreme Court on Thursday allowed for provision of emergency abortion care in Idaho hospitals but avoided wading into the legal issues at the heart of a case that has broad implications for the emergency care of pregnant people.