Yellen and Biden Wonder Why People Are Down on the Economy. Here’s the Reason.

Treasury Secretary Janet Yellen said yesterday that “it’s amazing how pessimistic” Americans are about the economy, “given that we have the strongest labor market we’ve had in the entire postwar perio...

5 Retail Stocks Worth a Look, and 1 to Avoid

Home Depot is one of the retail stocks that are worth buying after the sector’s latest selloff. Stefani Reynolds/AFP/Getty Images Text size Tolstoy wrote that all happy families are alike. The same co...

Alibaba shares decline in Hong Kong, extending Wall Street’s selloff

Alibaba Group Holding Ltd. fell in Hong Kong morning trading, extending a selloff overnight on Wall Street after its fintech arm Ant Group Co. denied reports about a revival of its initial public offe...

Softer Housing Sales Are Hammering Demand for Lumber

Inflation and rising mortgage costs are putting a dent in the housing market, which is hurting lumber demand. Frederic J. Brown/AFP/Getty Images Text size You can almost hear the sound of falling lumb...

Oil-stock trade is ‘too obvious,’ says this fund manager, who expects a pullback in prices

(Updates original story with Tuttle’s purchase of additional shares of OXY in last paragraph.) Investors’ memories can be short. The same can be said for those of stock traders. Matthew Tuttle sees th...

DocuSign Stock Tumbles on Cut to Outlook

Text size DocuSign reported fiscal first-quarter earnings well below Wall Street’s estimate. Tiffany Hagler-Geard/Bloomberg DocuSign (ticker: DOCU) shares are sharply lower in late trading Thurs...

‘I’m being taken advantage of by my own husband’: I pay all the bills and gave the down payment for our home, and all he does is buy stuff and contribute to his 401(k)

I’m being taken advantage of by my own husband. I have been married for almost 10 years. When my husband and I were first married, he convinced me to stop working after the first year or so, which I r...

U.S. didn’t get any relief from high inflation in May – CPI to show another big gain

Wall Street is looking for a sign, any sign, that U.S. inflation is coming off a rapid boil. But they are unlikely to find much cooling off in May’s report on consumer prices. The consumer price index...

Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse

Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy and fertilizer pr...

Novavax’s New Covid-19 Vaccine Might Be Late to the Party

It’s one thing to arrive fashionably late to a party, it’s another thing to waltz in when the last guests are stumbling out the door. For Novavax , which on Tuesday cleared a key step toward U.S. Food...

Kohl’s Suitor Wants to Buy the Chain by Selling Kohl’s Properties

Kohl’s beat back activists and is in talks to be sold for around $8 billion. But its suitor could bring a new set of challenges for the department-store chain. Franchise Group which owns the Vitamin S...

Western Digital Said It Would Consider Breaking in Two. Its Stock Is Dropping.

Text size Activist investor Elliott Management says that Western Digital’s flash memory business alone could be worth as much as the whole company now. Dreamstime Western Digital stock, after an...

Consider a portfolio of 100% stocks if you’re at least 10 years from retirement

This year’s stock market isn’t what it seems. “It wasn’t supposed to be this way!” That’s the refrain from many investors who are looking at a U.S. stock market SPX, -1.08% decline so far this year of...

Alibaba Stock Headed for Highest Close Since February. Thank Videogames.

Text size Alibaba and other Chinese tech stocks have been beaten down amid regulatory pressures. Greg Baker/AFP via Getty Images Alibaba and other Chinese tech stocks roared higher on Wednesday as a w...

Altria Stock Gets Downgraded by Morgan Stanley. Gas Prices Are Partly to Blame.

Text size Analyst Pamela Kaufman lowered her price target to $50 from $54. Illustration by Joel Arbaje Altria Group stock fell Wednesday after Morgan Stanley warned of increasing headwinds to the ciga...

Intel Bear Case Coming ‘Even Earlier’ Than Expected. Analyst Remains Neutral.

Text size Intel Dreamstime Shares of Intel were falling Wednesday as Citi said its bear-case scenario was “taking shape even earlier” than expected. Analyst Christopher Danely reiterated a Neutral rat...

‘I thought it was a sick joke’: They gave up other job offers to work for Coinbase, and are now unemployed

When Hao Jia received an email from Coinbase that his job offer had been rescinded, he was on his way to watch “Top Gun: Maverick,” the blockbuster movie starring Tom Cruise. Jia’s girlfriend had aske...

Facebook Changed Name, Now Changing Ticker. What It Means for the Stock.

Text size Meta Platforms follows a number of high-profile companies that changed their ticker symbols. Fabrice Coffrini/AFP via Getty Images Meta Platforms , formerly known as Facebook , is taking the...

Apple is offering ‘buy now, pay later.’ 4 reasons to think twice before signing up

After months of speculation, Apple AAPL, -0.45% finally unveiled its buy now, pay later offering this week, wading into an industry that’s experienced explosive growth. But consumers should be wary of...

I lived in motels and ‘forgot to live’: I’m 48, have almost $900,000 and want to retire next year. What can I do?

I am 48 years old, single and have lived in various states and done diverse jobs.  Genetically, I foresee my life span being around 20 more years, as I lost my parents at a very young age. In this 15 ...

My parents-in-law sold their home and bought an RV. They have $200K in the bank. How can they protect their assets from being used for nursing-home costs?

My father-in-law has health issues. While he is not quite ready for a nursing home, that may be a necessity in the near future. He has state retirement benefits and a very small Social Security check....

Costco discussing membership rate hikes after renewals hit 90%

Costco Wholesale Corp. is talking over membership fee hikes after reporting an all-time renewal rate high of 90%. The last time Costco raised its membership fee was in June 2017. Historically, fees ri...

Polestar Announces an Electric SUV. It’s a Tesla Model Y Competitor.

Text size Polestar CEO Thomas Ingenlath with the Precept concept car. Polestar photo Polestar, the electric-vehicle start-up born from Volvo, has a new SUV model. The news likely will give shares of t...

Shopify Shareholders Approve 10-for-1 Stock Split

Text size Shopify is the latest tech company to split its stock. Dreamstime The stock split trend continues. Shopify (ticker: SHOP ) shareholders on Tuesday approved a 10-for-1 split, along with the i...

Short sellers raise bets against GameStop and AMC to highest level in a year as Wall Street sees more pain ahead

Investors are once again working up the fortitude to bet against GameStop and AMC roughly 18 months after last January’s infamous “meme stock” short squeeze sent GameStop shares surging more than 1,00...

Target Inventory Warning Portends Retail Bloodbath

Target ’s inventory problem is turning out even worse than it expected just a short time ago. Its latest warning could portend a promotional bloodbath among retailers this summer. The retailer on Tues...

Microsoft and Two Other Software Stocks for a Potential Recession

Text size Microsoft is a top pick of Bernstein software analyst Mark Moerdler for a potential recession. Drew Angerer/Getty Images The possibility of a bad recession is on everyone’s mind. On Tuesday,...

Home affordability has ‘collapsed’ in 2022. What to expect next, according to BofA

The double whammy of surging mortgage rates and skyrocketing home prices has led to “collapsed” housing affordability in America, according to Chris Flanagan’s team at BofA Global Research. The situat...

Exxon Gets an Upgrade, but Analyst Takes ‘Chips Off Table’ for 2 Other Oil Stocks

Text size Gas prices are displayed on a pump at an Exxon gas station in Washington, DC, on May 24, 2022. Stefani Reynolds / AFP via Getty Images Energy stocks have emerged winners in this period of vo...

3 Reasons AMD’s Analyst Day Will Be ‘Transformative’

Text size AMD will hold its analyst day on June 9, 2022. Courtesy AMD Advanced Micro Devices will continue its strong performance after meeting or exceeding all targets for the past two years, Piper S...

As You Sow Uses KPIs And Data To Help Shareholders Advocate For Long-Term Corporate Change

Andrew Behar, CEO of As You Sow, moderates an ESG Advisory & Auditing Panel at the Berkeley Haas ESG … [+] Accounting Conference Jim Block “Shareholder activism” is the term that traditional...

Apple Needs to Show Some Spark as Shoppers Favor Services Over Stuff

Customers at the Apple Store in Grand Central Terminal in New York City earlier this year. Getty Images Text size As Apple prepares to upgrade its products, there are two distinct trends hitting the e...