Stock-market investors can be forgiven for feeling a little dizzy after a day that saw stocks plunge in reaction to another round of hotter-than-expected inflation data only to surge higher and extend...
Tag: article_normal
Thursday was ‘one of the craziest days of my career’ in markets, says Rick Rieder
Investors have witnessed some “pretty crazy” times in financial markets these past few weeks, with Thursday’s wild fluctuations ranking among the “craziest days of my career,” said Rick Rieder, the ch...
The ‘unexpected’ thing Americans now blame their credit-card debt on
Experts like Suze Orman and Dave Ramsey stress the importance of an emergency fund — and it can help prevent you from going into credit card debt. Getty Images Americans’ credit-card debt rose to $887...
Dow up over 450 points as stocks erase post-CPI plunge
Stocks rose sharply in volatile trade late Thursday morning, erasing a steep plunge seen after a rise in the core reading of the consumer price index sparked an across-the-board tumble. The Dow Jones ...
‘The mood has turned darker’: Desperate to outrun inflation, people are making big (and easy) changes to their habits. You can too.
We never were the same after last summer. Stubbornly high inflation rates in recent months and several interest rate hikes by the U.S. Federal Reserve are impacting consumer behavior. That’s according...
Saudi Arabia defends OPEC+ production cut, suggests White House wanted delay until after midterms
Saudi Arabia’s ministry of foreign affairs put out a rare statement on Thursday defending the Organization of the Petroleum Exporting Countries’ decision last week to cut production, and suggested the...
How much should I save each month?
How much should you be saving in your 20s, 30s, 40s and 50s? Getty Images/iStockphoto You know you should save, but (yikes!), just what is the right amount? While there is no perfect answer, there are...
U.S. stock futures advance ahead of inflation data
U.S. stock-index futures advanced Thursday ahead of the week’s big event, the release of September consumer price inflation data. What’s happening Futures on the Dow Jones Industrial Average YM00, +0....
A shocking number of baby boomers and Generation X plan to work past 70—or forever
Almost half of baby boomers and more than one-third of Generation X expect to work past age 70 or do not plan to retire at all, highlighting the need for backup plans in case life’s unexpected events ...
Ray Dalio expects ‘negative or poor real returns’ in markets for next five years
When MarketWatch first started publishing financial news and data 25 years ago, Bridgewater Associates was a little-known hedge fund firm that was overshadowed by other macro investing trading operati...
Cruise stocks soar to pace the S&P 500, as Norwegian is upgraded to buy
Shares of cruise operators were the top-3 gainers in the S&P 500 SPX, -0.33% in afternoon trading Wednesday, with Norwegian Cruise Line Holdings Ltd. NCLH, +11.61% getting bullish backing from UBS...
Taiwan Semi reports stronger-than-forecast profit
Third-party silicon-wafer manufacturer reported Taiwan Semiconductor Manufacturing Co. reported a stronger-than-forecast 80% increase in profit for the third quarter. The chipmaker said earnings rose ...
What stock-market investors will be watching in Thursday’s U.S. inflation report
Hotter-than-expected U.S. consumer-price index readings have triggered some of the stock market’s biggest one-day selloffs in 2022, serving to focus investor attention ahead of the latest measure of r...
AMC unit Odeon Finco to offer $400 million of 5-year bonds to raise money needed to repay term loans
Odeon Finco Plc, a unit of AMC Entertainment Holdings Inc. AMC, -4.33%, said Wednesday it is issuing $400 million of senior secured five-year bonds in a private offering. Proceeds of the deal will be ...
I’m the US chief economist at Vanguard, and here are 5 things investors should consider now amid high inflation
“High inflation is unlikely to become a permanent feature of the economy,” said Vanguard’s U.S. chief economist and head of portfolio construction Roger Aliaga-Diaz. Vanguard Despite the Federal Reser...
I joined the ‘Great Resignation’ a few months ago—here’s how it’s working out
I feel lighter after joining the Great Resignation a few months ago. I’m also overwhelmed. Businesses are urgently hiring, according to LinkedIn, Idealist, Monster and Indeed. And I’m getting phone ca...
African gas becomes a focus for EU countries trying to replace Russia supply
DAKAR, Senegal (AP) — A new liquefied natural gas project off Africa’s western coast may only be 80% complete, but already the prospect of a new energy supplier has drawn visits from the leaders of Po...
Intel reportedly plans to lay off thousands of workers, with details potentially emerging alongside quarterly earnings
Intel Corp. may fire thousands of workers by the end of the month, around the same time the chip manufacturer reports quarterly results amid a tough year for semiconductor makers, according to a repor...
Fed’s Mester says there’s been no progress on inflation, so interest rates need to move higher
With little or no progress made on bringing inflation down, the Federal Reserve needs to continue raising interest rates, Cleveland Fed President Loretta Mester said Tuesday. “At some point, you know,...
Robert Shiller created an index that shows investors’ fear of a stock market crash. Here’s what it’s saying now.
A sizeable majority of individual investors are worried about a possible U.S. stock market crash — and that’s bullish. That’s because crash anxiety is a contrarian indicator. It would be a bad sign if...
This industry could be worth $180 billion by 2040. Citigroup offers four stock names to play it, and a few more to think about.
Investors are bracing for some choppiness on Wall Street, with oil prices falling as growth worries rattle around the globe. That’s as the clock ticks down to CPI and the start of a earnings season la...
Baby boomers, Generation X expect to work past 70 — or forever
Almost half of baby boomers and more than one-third of Generation X expect to work past age 70 or do not plan to retire at all, highlighting the need for backup plans in case life’s unexpected events ...
Bernanke says Fed shouldn’t use interest rates to ‘fine-tune’ financial stability risks
The Federal Reserve shouldn’t use its interest-rate policy to “fine-tune” financial stability risks, said former Fed Chairman Ben Bernanke on Monday. Speaking to reporters at the Brookings Institution...
Rivian’s big recall is a ‘black eye’ for bulls, but the stock is still a buy, analyst says
Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said the news is just a “speed bump”...
Here’s how much more U.S. households will pay to heat their homes this winter
Americans face a tough winter, with one government agency warning that most households will see a sharp increase in heating costs this year, as natural-gas prices look to post their largest yearly per...