New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winne...
Tag: article_normal
European natural gas prices surge as Norwegian outage adds to supply woes
Natural gas prices in Europe surged on Monday to their most expensive since the early stages of Russia’s invasion of Ukraine as proposed strikes in Norway increased fears about inadequate supply. Natu...
Gas prices edge down just in time for July Fourth travel — here’s why
It’s a cool breeze during a hot moment, but it’s not the summer weather. As record-breaking numbers of Americans pack their cars and travel to Fourth of July barbecues that will cost them more than la...
Will mortgage rates soon hit 7%? What economists and real estate pros say
Will mortgage rates rise? Getty Images/iStockphoto Mortgage rates have been on a steady climb upwards: While they started the year at around 3.5% for a 30-year fixed-rate mortgage, they’ve since climb...
The 60-40 portfolio is supposed to protect investors from volatility: so why is it having such a bad year?
The first half of 2022 has been a historically bad stretch for markets, and the carnage hasn’t been limited to stocks. As stocks and bonds have sold off in tandem, investors who for years have relied ...
Crypto hedge fund Three Arrows files for U.S. bankruptcy
Crypto hedge fund Three Arrows Capital has filed for bankruptcy under Chapter 15 of the U.S. Bankruptcy Code, according to a court filing in the Southern District of New York on Friday. Three Arrows C...
Forget the 1970s — this market is drawing comparisons to the 1870s
The current high inflation environment is often compared to the 1970s. But perhaps a more apt comparison would be to the 1870s. According to Bank of America, government bonds are on track for their wo...
AMD stock gets an upgrade as analyst says recession worries are already priced in
Advanced Micro Devices Inc. likely wouldn’t be immune to the effects of a recession, but Northland Capital Markets analyst Gus Richard said that risk is already baked into AMD’s stock price. While he ...
JPMorgan Chase downgrades three regional banks
JPMorgan Chase & Co. analysts on Friday downgraded three regional bank stocks and said they’re moving their outlook for the sector to neutral based on rising expectations of a recession as w...
My account fell 20%, and my adviser couldn’t explain why. What’s the right move?
Should you ditch an adviser who can’t clearly communicate losses. to you? Getty Images/iStockphoto Question: I went through a 20% loss with my investments at a big bank. I was told by the adviser that...
NIO stock jumps after June EV deliveries rise sharply from a last month and from last year
The U.S.-listed shares of NIO Inc. NIO, -0.64% jumped 2.4% in premarket trading Friday, after the China-based electric vehicle maker reported June deliveries that rose sharply from last month and from...
Coal miner stocks fall after Supreme Court ruling limiting EPA’s role
Coal miner stocks are falling, in the wake of the Supreme Court’s ruling that restricts the U.S. government’s reach in controlling emission from coal-fired power plants. Shares of Peabody ...
Canopy Growth shares fall after it agrees to convert debt into stock in deal with Constellation Brands
Canopy Growth Corp. CGC, -16.29% WEED, -17.37% fell 17% in premarket trades on Thursday after the company said it reached an agreement with Constellation Brands Inc. STZ, -4.36% to convert about $198 ...
‘I wouldn’t be successful at my job without her’: My friend cleans, cooks and cares for my child. I pay her $50 a day. Am I taking advantage of her?
I’m a working-from-home mom and my supervisors have no intentions of bringing me back to the office at this time. In order to actually get work done, I have pieced together childcare using the help of...
Here’s why this trader is piling back into one of the year’s hottest commodities
The end of June is nigh and good riddance. Down about 7%, only March has delivered a win for S&P 500 SPX, -0.07% investors this year, as pandemic fallout has been compounded by Russia’s brutal and...
This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.
Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. He founded Altfest Personal Wealth Ma...
What’s next for the stock market after the worst 1st half since 1970? Here’s the history.
A bear market that began shortly after the calendar flipped over to 2022 has the S&P 500 on track for its worst first half in 52 years. Investors looking ahead to the end of the year might have so...
U.S. stock futures struggle for gains ahead of GDP data
U.S. stock futures struggled for direction on Wednesday, leaving Wall Street potentially on course for a third consecutive day of losses, as investors fret that soaring inflation is damaging the world...
NIO shares extend losses as Chinese EV maker denies short-seller report
NIO Inc.’s shares in Hong Kong extended declines in afternoon trading after the company denied accounting allegations in a report by short seller Grizzly Research LLC. The stock NIO, -2.57% NIO, -11.4...
Why the S&P 500 may be in for a 1966-style bear market, according to DWS Group
The S&P 500 has found good support recently and, while in a bear market, the large-cap index may not fall much further this year, said David Bianco, chief investment officer of the Americas for fu...
Micron earnings to provide more clues as to whether chip boom has passed
Micron Technology Inc.’s earnings on Thursday will provide a much-anticipated clue into a problem that has worried Wall Street all year about the chip industry: Whether customers have been hoarding ch...
SOX semiconductor index could double over the next couple of years, analyst says
Despite potential for further downside, semiconductor stocks could rebound significantly over the next couple of years, according to Columbia Threadneedle Senior Equity Analyst Dave Egan. Semi stocks ...
How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo Institute
When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold tight or think about buying ...
Amazon stock falls again after price target cut by 20% at UBS
Shares of Amazon.com Inc. AMZN, -5.14% slumped 4.8% in afternoon trading Tuesday, adding to Monday’s 2.8% drop, after UBS analyst Lloyd Walmsley cut his stock price target to $167 from $209, cit...
There may be another shoe to drop after Micron’s big outlook miss
Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter reven...