US Bonds Rise as a Cloudy Economic Path Backs Bets on Fed Cuts

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...

General Mills Adds to Weak Consumer Outlook With Forecast Cut

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 Becomes Final Magnificent 7 Stock to Turn Negative in 2025

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...

Fund Bosses Hungry for Returns Are Now Piling Into Defense Bets

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...