Don’t expect stock-market gains in 2022 if the Federal Reserve sticks to its guns on rate hikes and tightening overall financial conditions, says Kyle Bass, founder and chief investment officer of Hay...
Tag: article_normal
Microsoft, Salesforce and Apple cutting about 116 points off the Dow’s price
The Dow Jones Industrial Average DJIA, -0.60% is rising 47 points, or 0.1%, to buck the selloff in the broader market, but it be up a lot more if it wasn’t for the blue-chip barometer’s bi...
Virgin Galactic to offer $425 million of convertible bonds that mature in 2027
Virgin Galactic Holdings Inc. SPCE, -0.16% said Thursday it is planning to offer $425 million of convertible bonds that mature in 2027 in a private offering. The company plans to use the proceeds of t...
Inflation hit a 31-year high. 7 pros on how they invest during high inflation
Getty Images If you feel like you’ve been paying more for everything from food to tech products, you’re onto something: In December, consumer prices rose 7% from a year prior, which is the highest U.S...
Here are the ETFs to buy on persistently higher inflation in 2022 and beyond, says BlackRock’s head of iShares strategy
Given an outlook for high U.S. inflation that’s likely to persist beyond 2022, Gargi Chaudhuri of BlackRock Inc., the world’s biggest asset manager, says investors should continue to hedge their portf...
The yield curve is no longer sending a don’t-worry-be-happy signal, warns bond king Jeffrey Gundlach
The S&P 500 SPX, +0.28% snapped a five-session losing streak on Tuesday, after Federal Reserve Chairman Jerome Powell vowed the central bank would use its “tools” to get inflation under control wi...
Founder of nationwide tax-prep firm sentenced to prison for skimming $70 million in exorbitant fees over a 5-year period
Talk about a tax burden. The founder of a nationwide tax preparation chain has been sentenced to a year and a day in prison for running a tax refund advance scheme that fleeced customers with $70 mill...
Fed has to be ‘far more aggressive…than the Street thinks,’ says academic who called Dow 20,000: ‘This is too much money chasing too few goods’
Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School of Business, on Wednesday sounded sanguine about the equity market, even as he conceded that inflation is likely ...
Philips stock tumbles toward biggest selloff since 2008 after downbeat revenue outlook
The U.S.-listed shares of Koninklijke Philips N.V. PHG, -15.53% PHIA, -15.46% plunged 15.7% toward a near two-year low in morning trading Wednesday, after the Netherlands-based medical technologies an...
Immuron stock rockets after funding by U.S. DoD of new research agreement
Shares of Immuron Ltd. IMRN, +2.67% rocketed 49.6% in active premarket trading Wednesday, after the Australia-based biopharmaceutical company said it received an award of AUD$6.2 million ($4.5 million...
Cathie Wood is expecting a ‘bloodbath’ in this segment of the market: ‘autos are one example of…many disturbances out there in the world order’
Cathie Wood, the star fund manager and chief executive of ARK Invest, in a Tuesday monthly market update said that the used car market is where she is expecting possible losses after a surge in values...
‘She has no life insurance, savings or money’: My brother died, leaving his wife with $20,000 in debt. How can I help her?
Dear Quentin, My sister’s husband died last week. They had both lived with us for the previous nine years before moving into an independent living facility. They were there for two and a half months b...
Expect more than 4 rate increases in 2022, and a lot of market volatility, says JPMorgan’s Dimon: ‘If we’re lucky’ the Fed can engineer a “soft landing.”‘
JPMorgan Chase & Co. JPM, +0.10% CEO Jamie Dimon said the consumer remains in great shape in 2022 but also said volatility could be elevated in financial markets as the Federal Reserve aims to nav...
Tilray posts narrower loss as revenue rises
Tilray Inc. shares on Monday gained back some of their losses in recent weeks after the Canadian cannabis producer posted a narrow loss and played up its prospects for European and beverage expansion....
Nasdaq Composite ends 3 percentage points from correction, as investors react to Fed, Friday’s jobs report
U.S. stocks ended lower Friday, in a turbulent session that concluded with all three major benchmarks suffering weekly declines, following a monthly jobs report whose headline figure came in far below...
Value stocks have pulled ahead of growth in recent weeks. Is it a head-fake?
U.S. value stocks are beating growth equities in the first week of 2022, extending their outperformance in December and faring better through the broad market slump sparked Wednesday by investor conce...
Has AT&T stock been punished enough? One analyst says the ‘bear case’ is mostly exhausted
After another year of underperformance versus the S&P 500, AT&T Inc.’s “bear case” may have mostly played itself out, according to an analyst. While AT&T T, +2.74% still faces a number of ...
Wells Fargo, Bank of America draw price target hikes on bullish loan data
JPMorgan Chase analyst Vivek Juneja on Thursday lifted price targets on Wells Fargo & Co. WFC, +2.13% and Bank of America BAC, +2.18% after bullish Fed data on loans. “Banks should start 202...
Unprofitable tech trades are off to an ugly 2022. Here are the ETFs to consider as Cathie Wood’s Ark sinks.
Happy Thursday! In mythology, Janus is a god of transitions who is often depicted as a two-faced deity. A mere three sessions into the month of January, and some investors already may be feeling whipl...
I’m a 60 and took out student loans for my child. I owe $36K. What should I do?
Getty Images/iStockphoto Question: I’m a U.S. Army veteran, and I’ve been paying the loans I took out to send my child to college, but the interest was crushing from day one. I’m 60 and I don’t know i...
I’m 68, my husband is terminally ill, and his $3 million estate will go to his son. I want to spend the rest of my days traveling – will I have enough money?
Please help me. I am a 68-year-old woman married 17 years to the love of my life. Our finances have always been separate, and I signed a prenuptial acknowledging that his son will inherit his estate h...
Micron stock on track for first record close since 2000
Micron Technology Inc.’s stock is starting 2022 on a good note as it heads toward its first record close in more than two decades. Shares of Micron MU, +1.32% recently changed hands at $96.78 Wednesda...
These 14 bank stocks are in the best position to benefit from rising interest rates
What would you say if you were told about a company whose stock was trading much lower to expected earnings per share than the S&P 500 Index? At the same time, it’s also expected to increase EPS n...