Where are mortgage rates headed? Getty Images Rates are trending upwards, pros say. Indeed, many pros say estimate that the Federal Reserve will raise interest rates in November and December. And for ...
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Americans are running towards the safety of cash — but here are 3 ways they could screw that all up, pros say
Mistakes Americans may be making with their savings Getty Images With markets down and a potential recession looming, investors are running for the safety of cold, hard cash. Indeed, they’ve sidelined...
Goodyear stock falls 11% after Q3 results disappoint on inflation, stronger dollar
Goodyear Tire & Rubber Co. GT, -15.31% shares fell 11% in the extended session Monday after the tire maker reported third-quarter earnings below Wall Street expectations and said “challenges...
What Fed Chair Powell can say to keep the stock-market rally going — or kill it
Whatever Federal Reserve Chairman Jerome Powell says when he steps up to the podium on Wednesday will likely have ramifications for financial markets. But what do equity investors need to hear from th...
40% of households will pay no federal income tax this year. Why that’s good news.
Millions of workers are bouncing back — and making enough money to pay Uncle Sam. Some 72.5 million households or 40% of households will pay no federal income tax this year, down from the pre-pandemic...
When retirement is a month away, here’s what you need to do
When retirement is coming up close—and you have that exciting date in mind—make sure you have everything organized to make it a seamless, enjoyable transition. Retirement Tip of the Week: Before you ...
Actinium’s stock jumps 22% on new data for its acute myeloid leukemia therapy
Shares of Actinium Pharmaceuticals Inc. ATNM, +39.16% were up 22.8% in trading on Monday after the company met the primary endpoint in a Phase 3 clinical trial for its investigational treatment for re...
Apple and Microsoft market caps reached their largest spread on record — at roughly Tesla’s entire valuation
The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more t...
The S&P 500 can get to 4,150 before ‘reality sets in,’ says Morgan Stanley’s normally bearish top strategist
We’re almost through one of the most feared months of trading, which as it turns out, is set to deliver the best return for the Dow industrials since 1976, and best month since July for the S&P 50...
Why China’s party congress left investors feeling gloomy
Financial-market investors were craving economic policy guidance from the China’s Communist Party Congress, but when the ruling party wrapped up its twice-a-decade political gathering on Saturday to t...
Will the stock market be higher in 12 months? Here are the odds.
Odds are good the stock market will be higher in 12 months’ time. The probabilities are two out of three, in fact. These odds are not based on any privileged insight into whether the economy will expe...
Why retirement calculators fail the people who need them most — and what to do about it
Or were you so overwhelmed by the steps and questions that you only increased the amount you were saving by a little bit — or not at all? If you fall into the latter category, don’t feel bad. A new st...
XPeng stock sinks toward 11th-straight weekly decline after Citi swings to bearish from bullish
Shares of XPeng Inc. XPEV, -6.39% sank 7.5% toward a record low in afternoon trading Friday, after Citi Research analyst Jeff Chung swung to bearish from bullish on the China-based electric vehicle ma...
The Dow soars, Big Tech tumbles: What’s next for stocks as investors await Fed guidance
The past week offered a tale of two markets, with gains for the Dow Jones Industrial Average putting the blue-chip gauge on track for its best October on record while Big Tech heavyweights suffered a ...
Verizon stock headed for its biggest gain of the year, remains highest-yielding Dow component
Shares of Verizon Communications Inc. VZ, +4.12% were rallying toward their best single-day performance this year Friday, bucking what’s been a tough recent stretch for the telecommunications gi...
Why I don’t want I-bonds
There’s been such a rush to buy “I-bonds,” inflation-protected bonds from the U.S. government, that the TreasuryDirect website crashed. I-bonds have been one of the hottest investments of the year. Pe...
Another jumbo Fed rate hike is expected next week — and then life gets difficult for Powell
First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting next week. A hike of three-quarters of a perce...
‘When we dated for 5 years, he implied he was financially secure’: My husband was always hesitant about his finances. Now I know why.
Dear Quentin, My husband and I make about the same salary, and live modestly. Six months after we married, I found out my husband’s net worth is virtually zero. He owes more money than he has assets (...
250 years of history is telling investors to bet on Treasury bonds in 2023, Bank of America says
Benchmark U.S. Treasury bonds are facing their worst annual returns since 1788, but a big bounce is likely in the new year, along with a stock rout. That’s according to a team of strategists at Bank o...
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies rallied toward fresh ...