Negotiators working to modernize the North American Free Trade Agreement will meet in Montreal next month for another round of talks, but stark differences remain. As leaders of two of the largest dairy cooperatives in the Western U.S., we have some suggestions. First, American negotiators should work hard to preserve the duty-free access to Mexico…
Currency traders have gotten left behind in the 2017 market rally. A BarclayHedge index that tracks returns for 58 currency-trading programs is up just 0.6% for the year, on track for its worst annual performance since 2006. What’s worse, 2017 was a year when the environment for currency trading was generally favorable, said Shaun Osborne,…
Companies returned to the U.S. initial public offering market in 2017–with middling returns. U.S. IPOs returned an average 21% in 2017, while proceeds raised nearly doubling from 2016, according to a report from Renaissance Capital,  an IPO investment advisory firm. The returns are “respectable by historic standards, but only in line with the broader market indexes,”…
What’s in a name? In this euphoric stock market, quite a bit. Furniture design company Nova LifeStyle became the latest obscure company to announce a new subsidiary called “I Design Blockchain Technology Inc,” which the company says is aimed at boosting sales of its current products.  Nova LifeStyle, which sported a $61million market value as…
Government mandates should keep U.S. solar power growing, despite new Trump administration tariffs on imported solar panels that are poised to raise prices. While the tariffs may slow the rate of solar expansion, local and state policies requiring utilities to procure renewable energy will continue to help create a baseline market for solar power, particularly for large, utility-scale projects. New...
WASHINGTON—The Federal Reserve signaled Friday it is unperturbed by the volatility in financial markets earlier this month and remains on track to raise rates gradually this year. In its semiannual monetary policy report to Congress released Friday, the central bank said it still sees equity prices as elevated despite the market selloff in early February,…
Three technology titans have powered nearly half of the S&P 500’s advance this year, a worrying sign for investors expecting a strengthening economy to lift shares of manufacturers, oil companies and other firms whose fortunes typically improve with growth. Amazon.com Inc. has accounted for 27% of the broader index’s 1.6% gain through Tuesday, according to…
Jerome Powell’s first week on the new job has certainly been an eventful one. Shortly after he was sworn in as the new chairman of the Federal Reserve on Monday, stocks started swinging wildly, and major indexes ended the session down more than 4%. The market has been see-sawing since then but has recovered some ground…
A daily digest of The Wall Street Journal’s coverage of energy companies, commodity markets and the forces that shape them. Send us tips, suggestions and complaints: EnergyJournal@wsj.com Sign up for this newsletter: http://on.wsj.com/EnergyJournalSignup   OIL PRICES SUPPORT STATOIL’S RESULTS The oil-market’s recovery last year has lifted the earnings of a recent crop of oil firms including Norway’s…
Feb. 14, 2018 11:47 a.m. ET A decade of low bond yields pushed some of the most stability-minded investors to dabble in risky investments that depended on markets being orderly. Now, those bets are looking problematic. In the past, pension funds, endowments and family offices pursued relatively safe investments. After interest rates collapsed on the…