Text size Expectations for future rate hikes changed, hinging largely on two sentences from Federal Reserve Chairman Jerome Powell’s news conference. Ting Shen/Bloomberg Stocks rallied this past week as investors bet that the Federal Reserve has reached peak hawkishness. That’s wishful thinking. The Dow Jones Industrial Average rose 3%, the S&P 500 index added 4.3%, ...

Shares of commercial real estate brokers have underperformed the real estate investment trust (REIT) and the broader stock market by a wide margin this year, and they could remain “choppy” in the coming months, but JPMorgan analyst Anthony Paolone said “a lot of the damage appears to be done.” Shares of CBRE Group Inc. CBRE, ...

Text size Juul can appeal the FDA ban if it chooses. Mario Tama/Getty Images The Food and Drug Administration has banned all of Juul Labs’ vape products from the U.S. market in a widely anticipated move that had already been discounted in shares of Altria Group, the cigarette maker that paid $13 billion in 2018 ...