Here are the stock market’s trading hours for Thanksgiving and Black Friday

U.S. financial markets are closed Thursday for Thanksgiving, and will close early on Black Friday. Black Friday, Nov. 26, is the official start to the holiday shopping season, with many retailers — including Macy’s Inc. M, -7.12% and Walmart WMT, -0.54% — offering bargains for those looking for holiday gifts. The Intercontinental Exchange Inc. ICE, […]

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Brainard interviewed at White House for Fed chair: report

Lael Brainard interviewed for the Federal Reserve chair role when she visited the White House last week, Bloomberg News reported, citing people familiar with the matter. Brainard, currently a Fed governor, represents the only other publicly known candidate besides the current chair, Jerome Powell, according to the report. President Joe Biden is expected to announce […]

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Treasury yields higher after Federal Reserve’s statement on tapering bond buying

U.S. Treasury yields turned higher on Wednesday as investors digested a Federal Reserve statement that policy makers intend to begin winding down bond purchases and said the factors boosting inflation are expected to be transitory. What are yields doing? The yield on the 10-year Treasury note TMUBMUSD10Y, 1.592% was 1.594%, compared with 1.546% at 3 […]

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