Powell Sees Pickup in Economic Growth Ahead

Federal Reserve Chairman Jerome Powell says output and job growth are poised to accelerate in the months ahead as long as the Covid-19 pandemic retreats. 


 
Dow, S&P 500 Rally to Fresh Records

Stocks finished with gains, as the S&P 500 notched a third straight positive week, its longest winning streak since October. 


 
With Economy Poised for Best Growth Since '83, Inflation Lurks

Federal stimulus and Covid-19 vaccinations have led to boosts in the outlook for GDP and consumer prices in the latest Wall Street Journal survey of economists. 


 
Democrats Tie Infrastructure Package to Unionization Push

The business community, labor groups and progressives are squaring off over the PRO Act, which would make it easier for gig workers and other independent contractors to unionize. 


 
Sizzling Stock Market Sets High Bar for Earnings Season

With earnings season kicking off in earnest, investors will be watching for signs of confidence from executives that customer demand will keep rising and higher costs can be managed to help ease concerns that stocks are looking expensive. 


 
Defaults Fall Again, Aiding Rally in Low-Rated Debt

Defaults for an index of speculative-grade loans to U.S. companies over the past year fell to 3.15% as of March, the lowest level since last April. 


 
Biden's Infrastructure Plan Tops Priorities as Congress Returns to Work

The White House plans meetings with lawmakers of both parties. Gun background checks are also on the agenda. 


 
Coinbase's Lofty Valuation Might Erode as Crypto Markets Mature

Cryptocurrency giant Coinbase Global's stock-market debut on Wednesday is expected to be a blockbuster, though doubts persist about a lofty valuation for the digital currency exchange. 


 
How to Invest When Everything Is Expensive

Stock valuations have never been so stretched at the beginning of a new economic cycle. This doesn't mean disaster, but savers need to plan for lower future returns. 


 
SEC Review Highlights Potentially Misleading ESG Practices Among Funds

The regulator said it has found some investment firms that tout socially responsible investing were potentially misleading investors, part of its enhanced review of funds that claim to support environmentally friendly policies but don't adhere to them.

(END) Dow Jones Newswires

04-11-21 2115ET