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Traders Scale Back Bets on Rate Hike
The Wall Street Journal50d agoneutral
Traders Scale Back Bets on Rate Hike

Friday’s weaker-than-expected jobs report has flipped the market-based odds of whether the Federal Reserve raises interest rate in September. Interest-rate futures now show a 56% chance that the Fed stays on hold at its next meeting and a 44% chance of a rate hike, according to CME Group data.

Take-Two Logs Higher Sales but Loss Widens
The Wall Street Journal50d agoneutral
Take-Two Logs Higher Sales but Loss Widens

The video-game company recorded higher sales in its fiscal first quarter but losses widened due to discontinued development of a title in its pipeline.