Alphabet Inc borrowed $10 billion in the investment-grade corporate debt market on Monday, the Google parent’s largest ever bond issue, which it secured at its lowest-ever cost of financing.
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Michael Wilson, chief U.S. equity strategist at Morgan Stanley, and his colleagues believe that the narrow breadth of winners in the stock market will likely result in a 10% correction before giving way to a renewed rally.
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Kendra Scott knows how to turn a lucrative side gig into a massive business. In 2002, Scott started a jewelry line as a passion project with just $500, and ultimately built it into the Kendra Scott brand worth a...
The EU’s forceful crisis-response will increase supply of highly rated euro-denominated government and supranational bonds, which could weaken the sovereign-banking nexus and bolster the euro’s international role.