Much of the selling is in the passive investment products favored by retail investors. After a surge of inflows in January, U.S.-listed exchange-traded products posted their first two-straight months of outflows since 2008, according to […]
The U.S. economy slowed in the first quarter as consumer spending grew at its weakest pace in nearly five years, but the setback is likely temporary against the backdrop of a tightening labor market and […]
Bristol-Myers Squibb‘s anticoagulant and immunotherapy drugs drove first-quarter revenue growth, but not enough to top expectations. Bristol beat analysts’ earnings estimates but fell short of revenue expectations. The company boosted its full-year forecast. Here’s how […]
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