By Dana Hull (bloomberg.com) – Wall Street and Washington have the same question for Elon Musk: Where’s the money?
By Elena Popina (bloomberg.com) – The rush to get out of U.S. tech stocks entered its third day Monday as concerns mounted over how the storied FAANG bloc will fare amid rising interest rates and slower growth.
By Craig Torres and Christopher Condon (Bloomberg.com) – Fed’s Powell Says Gradual Rate Hikes Are the Best Path ‘For Now’
By Randall Jensen (Bloomberg.com) – Stocks Decline as Oil Tumbles, Dollar Rallies: Markets Wrap
By Andrew Mayeda and Jenny Leonard (Bloomberg.com) – Here’s How a Trade War Between the U.S. and China Could Get Ugly
By Vince Golle (Bloomberg.com) – If you’re building or renovating a home in the U.S. these days, you’ve got plenty of company.
By John Micklethwait and Saleha Mohsin (Bloomberg.com) – Treasury Secretary Steven Mnuchin said the first ultra-long bond issuance could “absolutely” make sense to help finance the U.S. government, while indicating he’d be reluctant to swell the federal budget deficit to pay for planned infrastructure investment.
By Enda Curran, Liz McCormick, and Eric Lam (Bloomberg.com) – After heading into the uncharted territory of quantitative easing, the world’s central banks are starting to plan their course through the uncharted waters of quantitative tightening.
By Sho Chandra (bloomberg.com) – The U.S. cost of living rose in February, while prices increased from a year ago by the most since March 2012, reinforcing the view that inflation is in line with the Federal Reserve’s goal.
By Christopher Condon (Bloomberg.com) – Federal Reserve officials left interest rates unchanged while acknowledging rising confidence among consumers and businesses following Donald Trump’s election victory.