Worried About a Recession? Buy IBM Stock, Morgan Stanley Says.

Text size IMB stock is a buy according to Morgan Stanley. Dreamstime Worried about recession? Then maybe you want to take a fresh look at IBM stock. That advice comes courtesy of Morgan Stanley analys...

Inflation is raging, but these 16 companies have pricing power

Decades of deflationary forces that helped feed booming prices for U.S. stocks are over, at least for now. But some companies are countering the trend, by a combination of holding down expenses and ra...

Recession is `the most likely’ outcome for U.S. economy, says Larry Summers

Former Treasury Secretary Larry Summers, whose out-of-consensus views about the risks of persistent inflation have come true, is reiterating his concerns about a potential U.S. downturn: He now says a...

Mortgage rates soar to highest level in over a decade — even wealthy home buyers are feeling the pain

Mortgage rates are soaring, and no one is being spared. The average rate on a 30-year fixed-rate mortgage was 5% as of the week ending April 14, representing an increase of 28 basis points from the pr...

Three value stocks that can provide safety as interest rates rise

Stocks have been on a rocky road this year, as investors have tried to anticipate every possible move by the Federal Reserve to combat inflation. Value strategies have held up better than growth strat...

The silver lining of surging inflation: I-bond yields should climb above 9%

CHAPEL HILL, N.C. –Want to lock in a greater-than-8% return with U.S. Treasurys over the next 12 months? Of course you would, especially given the higher-than-expected inflation numbers reported this ...

‘Calamity’ may be coming, stock-market setup similar to 1999: Jeffrey Gundlach

 A “calamity” may be coming for markets, potentially in 2023, Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine, warned Tuesday on stage at the Exchange ETF conferen...

U.S. Car Sales Are in a Recession. One Analyst Is Bullish on GM and Ford Stock.

Text size U.S. car sales have tumbled Dreamstime Inflation is raging and the Fed is tightening monetary policy, creating a cycle that might push the U.S. economy into a recession. That isn’t great new...

As inflation hits a new 40-year high, 5 financial advisers on what they’re doing with their own money amid high inflation

Getty Images/iStockphoto The annual rate of inflation in the U.S. rose to 8.5%, which is a four-decade high, new consumer price index data revealed. Inflation hasn’t been this high since the early 198...

The Safe Investment That Will Soon Yield Almost 10%

There’s no such thing as a free lunch in finance. Except maybe this: The interest rate on inflation-adjusted U.S. savings bonds will approach 10% beginning in May. U.S. Treasury Series I Bonds, or I B...

Dow falls more than 400 points, Nasdaq finishes 2.2% lower as Treasury yields keep surging

Dow industrials and the S&P 500 index book their biggest one-day declines since March on Monday, with energy, tech and other growth names bearing the brunt, as Treasury yields soared and investors...

How to Handle the Taxes on the AT&T Spinoff of Warner Bros.

Text size The Warner Bros. Studios in Burbank, Calif. AT&T shareholders have received a 0.242 share of Warner Bros. Discovery for each AT&T share. Photographer: Bing Guan/Bloomberg Bing Guan/B...

Bitcoin Prices, Other Cryptos Fall—and Why One Trader Sees a Tumble to $30,000

Text size Bitcoin and the rest of the crypto space has come under pressure amid a shift in Fed policy. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies slipped lower on Monday, continuing t...

Stock Market Slides as Recession, Fed Fears Grow. Here’s What’s Really Happening.

Investors don’t need to watch The Shining to get a fright fix. Growth scares will do just fine. The S&P 500 fell 1.3% this past week, and concerns about a possible slowdown, or growth scare, have ...

S&P downgrade indicates Russia headed for historic default

The credit ratings agency Standard & Poor’s has downgraded its assessment of Russia’s ability to repay foreign debt, signaling rising prospects that Moscow will soon default on external loans for ...

Here’s Another Reason to Do a Roth IRA Conversion. Your Heirs Will Thank You.

Dreamstime Text size If you’re planning to leave a tax-deferred account to your children, you may be able to save them a lot of money by doing Roth conversions while you’re alive.  Suppose you have a ...

Why Stocks Are Rallying in the Midst of a War and Soaring Inflation

Investors are confronting one of the most uncertain periods of their lifetimes. Stocks are rallying anyway.  The S&P 500 has rebounded 7.6% from its 2022 low on March 8, cutting its losses for the...

The housing market is running hot. Can the Fed cool it before it crashes?

When the “Bond King” Bill Gross sat down recently with Barry Ritholtz for an episode of “The Big Picture” podcast, the billionaire investor and PIMCO founder took a pretty skeptical view of who might ...

Russia Cuts Key Interest Rate. Protecting the Ruble Is Painful.

Text size alexander nemenov/Agence France-Presse/Getty Images The Russian central bank cut its benchmark interest rate from 20% to 17% on Friday after more than doubling it just days into the Ukraine ...

This is exactly how much income homebuyers are bringing to the bargaining table

How much income do homebuyers usually come to the table with? Getty Images/iStockphoto The median household income in America is about $68,000, according to the Census Bureau — but that may not be eno...

Inflation Is Here to Stay. How to Adjust Your Portfolio.

Inflation is rampant and ubiquitous today, from the gas pump to the grocery store. The U.S. consumer price index has quadrupled in the past year, from a 1.7% annual rate in February 2021 to 7.9% this ...

Three things to take care of when you retire—your future self will thank you for it

After a working lifetime of alarm clocks and meetings, you might be looking forward to a lot more unstructured time once you retire. But taking care of one more to-do list early on can set you up for ...

As Mortgage Rates Rise, Home Sellers Fear Time Is Running Out to Cash In

Blood pressure is now rising along with home prices and mortgage rates as homeowners fear missing out on the right moment to stake the “For Sale” sign in the front yard. The mood among sellers seems t...

As mortgage rates surge higher, these home buyers are being pushed out of the market

The steep upward climb in mortgage rates still isn’t showing any signs of stopping. The average rate on a 30-year fixed-rate mortgage was 4.72% as of the week ending April 7, Freddie Mac FMCC, -0.03% ...

Why Russia Doesn’t Want to Default—Even in a Time of War

Behind the fight over whether Russia should be allowed to pay off its debts is an age-old issue: Borrowers, even in times of war, want to keep their reputations for making investors whole. The U.S. Tr...

The Fed’s plan to rapidly slash its balance sheet is out. Here’s what happens to money in the system.

Minutes of the Federal Reserve’s March meeting released on Wednesday detailed plans for shrinking its nearly $9 trillion balance sheet to help cool U.S. inflation running at 40-year highs, but tricky ...

Another Recession Indicator Just Flashed Red

An index tracking plane, train, and ground transportation stocks has dropped more than 20% from its recent high. Dreamstime.com Text size The Dow Jones Transportation Average slipped into bear market ...

Opinion: Want to beat the stock market over the next decade? Add bonds to your portfolio

The death of the 60/40 portfolio has been widely accepted as growth and technology stocks overwhelmed gains in fixed-income securities since the end of the financial meltdown over 10 years ago. Howeve...

Fed primed to jack up interest rates in 1/2-point steps if inflation stays high

The Federal Reserve signaled its plans to increase a key U.S. interest rate by 1/2 percentage point steps at upcoming meetings if inflation remains high or gets even worse, according to minutes of the...

Fed must ‘inflict more losses’ on stock-market investors to tame inflation, says former central banker

So much for the Fed put. “‘It’s hard to know how much the U.S. Federal Reserve will need to do to get inflation under control. But one thing is certain: To be effective, it’ll have to inflict more los...

Millennials have solved the retirement crisis

Wow. It looks like millennials have totally solved the retirement crisis. And it turns out it was a lot easier than anyone realized. The solution? Cryptocurrencies, of course. A new survey of 4,000 pe...

Recession Warning Bells Are Ringing. These Banks Look Strong.

Text size Truist identified several banks that would likely be hurt less than their rivals in a mild recession. Dreamstime Concern that the economy could be about to shrink is growing, so bank analyst...