Economy

May increase in nonfarm payrolls of 280,000 further strengthens U.S. dollar and increases odds of September rate hike.

May increase in nonfarm payrolls of 280,000 further strengthens U.S. dollar and increases odds of September rate hike.

Agency cuts forecast for U.S. growth, says the dollar is overvalued, and recommends that Fed delay its first rate increase until early 2016.

Agency cuts forecast for U.S. growth, says the dollar is overvalued, and recommends that Fed delay its first rate increase until early 2016.

Deutsche Bank strategists point out that bond investors have been turning a blind eye to how leveraged many U.S. companies are these days.

Deutsche Bank strategists point out that bond investors have been turning a blind eye to how leveraged many U.S. companies are these days.