The stock market ended a volatile week on a gloomy note Friday, with the three major U.S. indexes plunging as investors got tripped up in worries like inflation, the Fed’s fight against it and fears o...
Tag: Business/Consumer Services
Why did the stock market fall? Dow finishes nearly 1,000 points lower in worst day since October 2020
U.S. stocks fell sharply on Friday to suffer their biggest one-day drop since 2020, as investors continued to weigh hawkish comments on interest rates a day earlier by Federal Reserve Chairman Jerome ...
How to prepare your finances for another recession: ‘We think a hard landing will ultimately be unavoidable’
Two years after the short, sharp pandemic-related recession, Wall Street is once again warning of a new recession on the horizon. That’s not a lot to go on, but financial-planning experts say it ought...
Netflix sheds subscribers and CNN+ will shut down amid competition from Disney, Hulu, HBO, Amazon Prime and Apple. Have we finally hit peak streaming?
Media companies keep dueling for more streaming subscriptions, but viewers might be tapping out in the clash for their attention — and their cash. Netflix on Tuesday reported a first-quarter net loss ...
‘I’m already feeling guilty’: My uncle is leaving me a large inheritance, but excluding my siblings. Should I gift them money every year, or set up a trust?
Dear Quentin, I am soon to inherit a sizable sum of money from an uncle with whom no one in my family still speaks; I’m the only one who has stayed in contact with him. While it seems a bit grotesque ...
Here are 30 stocks that Goldman Sachs likes when the economy stutters and markets gyrate
Wall Street is finding some traction for Tuesday, as investors wade through big earnings and ample, gloomy distractions. Fighting has ramped up again in Ukraine as the battle begins for the country’s ...
IBM Sales Growth Tops Estimates, Powered by Software and Consulting
Text size IBM has a dividend yield of 5.2%, the highest of any stock in the Dow Jones Industrial Average. Ethan Miller/Getty Images IBM posted better-than-expected first-quarter financial results, as ...
Berkshire Hathaway Is Likely to Buy Alleghany. No Rival Bids Emerged.
Text size Alleghany’s noninsurance operations include a toy business and a steel fabricator. Dreamstime It looks like Berkshire Hathaway will succeed in buying the insurer Alleghany for $11.6 bi...
IBM Reports Earnings Tuesday. What to Expect.
Text size Wall Street projects IBM will post revenue of $13.8 billion for its first quarter. MIGUEL MEDINA/AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be ...
IBM Reports Earnings Tuesday. Wall Street Is Watching for Software Growth.
Text size Wall Street projects IBM will post revenue of $13.8 billion for its first quarter. MIGUEL MEDINA/AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be ...
‘The graveyard shift is the most understaffed:’ I work as a waiter on the Las Vegas Strip. We are overworked, underpaid, and our drunk customers often don’t tip
Dear Quentin, I currently work at a fast-casual restaurant on the Las Vegas Strip. I have worked at the company for three years. I work at the busiest outlet of this restaurant in the world. During t...
Is the Stock Market Open Today? Here Are Hours for Easter Monday 2022.
Text size Dreamstime U.S. investors eager to trade after the holiday weekend will have plenty of news to digest, thanks to corporate earnings. More than 100 companies are slated to report this week—an...
Warren Buffett Says He Is in Great Health With No Plans to Step Down as CEO
Text size Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc Warren Buffett says he is in excellent health and has no plans to step down as CEO of Berkshire Hathaway as he eagerly anticipate...
Nvidia Stock Gains on Upgrade. Ethereum Won’t Crash It the Way Bitcoin Did.
Text size Gamers compete at the ‘Nvidia’ booth during the Electronic Entertainment Expo E3 in Los Angeles. Christian Petersen/Getty Images Nvidia stock was rising Wednesday after it receiv...
Nvidia’s Gaming and Datacenter Outlook Is Strong. The Stock Gets an Upgrade.
Text size Gamers compete at the ‘Nvidia’ booth during the Electronic Entertainment Expo E3 in Los Angeles. Christian Petersen/Getty Images Nvidia stock was rising Wednesday after it receiv...
Boeing Stock Climbs Higher, Shrugging Off India’s 737 MAX Pilot Ban
Text size A Boeing 737 MAX jet. Jason Redmond / AFP via Getty Images The Indian aviation regulator has barred 90 pilots from flying Boeing 737 MAX jets due to concerns over the simulators used to trai...
Here’s the playbook if the rest of the world breaks free from the U.S. dollar, says Credit Suisse’s monetary plumbing guru
It’s pretty well accepted that no one knows as much about the plumbing of the world’s financial system as Zoltan Pozsar, global head of short-term interest-rate strategy at Credit Suisse, who was the ...
‘I feel deceived’: After 20 years of paying my student loan, I discovered I don’t qualify for forgiveness. My loans total $167,000. What can I do?
I took out loans for professional/graduate school during the years 1993 to 1996. I took out about $54,000 in loans. In 2002, I consolidated all my federal loans. The balance is approximately $167,000....