It’s taken financial markets almost four months to register the likelihood that U.S. interest rates could rise above 5% by March, the highest level since 2006, but that moment may finally be arriving....
Tag: article_normal
Looking for clues about iPhone supply? Ask AT&T, Verizon and T-Mobile
How have iPhone sales have fared in the wake of production constraints on high-end models? Wall Street likely won’t get a clear answer until Apple Inc. reports earnings later this month, but some publ...
CytomX shares surge more than 50% on Moderna partnership
CytomX Therapeutics Inc. CTMX, +7.19% shares soared more than 50% in the extended session Thursday after the small biotech company announced a partnership with Moderna Inc. MRNA, -2.17% CytomX shares ...
Dow ends down nearly 350 points after jobs data, hawkish Fed comments hammer stocks
U.S. stock indexes ended another choppy session in the red on Thursday as investors digested a fresh batch of labor-market data and hawkish commentary from Federal Reserve officials, while looking ahe...
Fed to stock market: Big rallies will only prolong painful inflation fight
It was a “don’t make me come back there” moment from the Federal Reserve. A line from the minutes of the central bank’s December policy meeting released Wednesday afternoon was taken by analysts and e...
You can earn 3%-4% on your savings account. 7 smart ways to save more in 2023
Converting your monthly billpay to paperless can result in “over $1,000 a year in savings”, according to an expert. Getty Images/iStockphoto The No. 1 financial new year’s resolution for 2023 is to bo...
Forget recession — the U.S. is heading for a ‘slowcession’ that could last all year, Moody’s warns
Even if the U.S. avoids a recession in 2023, American consumers and investors could face a grinding slowdown that likely won’t let up until 2024, according to a new outlook published by Moody’s Analyt...
Investors who did this one thing survived the markets in 2022
Forget inflation. Forget oil prices. Forget Vladimir Putin’s invasion of Ukraine. Forget layoffs in the tech sector. Forget the yield curve. When I sat down to write about what worked for investors in...
This analyst who forecast a double-digit drop in stocks for 2022 now says Jeff Bezos may return to helm Amazon
If Tuesday was any indication of how the market will behave this year, then buckle up, it looks like it will be a wild one. The Dow Jones Industrial Average DJIA, -0.21% had a 537-point trading range,...
GE Healthcare stock to start trading as separation from GE is completed
The first stage of the break up of General Electric Co. GE, +1.76% has been completed, as GE HealthCare Technologies Inc. GEHC, +4.78% has been officially separated and will begin trading Wednesday as...
Why this Japanese idea can lead to a more fulfilling retirement
Typical New Year’s resolutions, financially speaking, tend to be things like:” I’ll save more,” “I’ll reduce debt” or “I’ll become smarter about investing.” I’d like to offer a different one for 2023,...
I want to retire in 4 years on $3,100 a month. Is this enough, and do I need a pro to help?
Getty Images/iStockphoto Question: I’m retiring in four years at $3,100 a month income, per my calculations. How can I stretch this amount as far as possible, and should I hire a professional planner ...
Asian markets mostly rise ahead of Fed update
BEIJING — Asian stock markets rose Wednesday ahead of the release of minutes from a Federal Reserve meeting that investors hope might show the U.S. central bank is moderating its plans for more intere...
‘2022 has been the scariest year of my adult and professional life’: One mortgage broker reveals how the housing slowdown upended financial security.
When mortgage rates hit 7% in the fall, Austin-based mortgage broker Aaron Kovac was a little spooked. After a stunning rise in home sales amid ultra-low interest rates, “the market just went absolut...
My wife and I live ‘an average life’ in the Bay Area making $320K. Last year, we bought a house for $200K over asking — now we don’t want to live in it. Should we get professional help?
Getty Images/iStockphoto Question: I was a victim of FOMO during the housing market craziness and bought a house for $200,000 over the asking price. Now house prices are coming back to reality, and I ...
Dow futures jump more than 300 points as traders start 2023 on a bullish note
U.S. stock futures rose as investors returned from the festive break in a generally bullish mood. How are stock-index futures trading S&P 500 futures ES00, +0.84% advanced 41 points, or 1.1%, to 3...
After a rough 2022, U.S. stock futures rise ahead of first trading week of 2023
U.S. stock-market futures rose Monday, suggesting gains ahead of the first trading day of 2023. Dow Jones Industrial Average futures YM00, +0.22% jumped more than 200 points out of the gate, but initi...
Tesla delivery-target miss shows ‘demand cracks clearly happening’ that mean ‘numbers could materially reset’ for coming years, analysts write
As Tesla Inc. shares slumped to their worst performance on record in the fourth quarter, the electric-vehicle company delivered fewer cars than analysts expected, according to a Monday announcement. T...
Do these 15 things in 2023, and you’ll be significantly richer
Make 2023 the year you commit to saving more. Getty Images I wrote about saving money a lot in 2022, and that meant I saw a lot of ways that people suggest you save money. Most of them, quite frankly,...
Here’s a New Year’s resolution: resist the temptation to bet on the top mutual fund of 2022
Beating the stock market is not that big of a deal. What’s really impressive — and what you should be looking for when using performance scoreboards to choose a mutual fund — is one that has beaten th...
This ‘crazy’ retirement portfolio has just beaten Wall Street for 50 years
You could call it crazy. You could call it genius. Or maybe you could call it a little of both. We’re talking about a simple portfolio that absolutely anyone could follow in their own 401(k) or IRA or...