What Biden’s reported student debt cancellation plan could mean for borrowers

The question on millions of student loan borrowers’ minds will likely be settled Wednesday, when the Biden administration is expected to announce broad-based student debt relief.  Though borrowers wil...

Apple workers tell CEO Tim Cook: ‘We demand location-flexible work’

The self-styled solidarity group AppleTogether launched a petition Monday demanding a more flexible work policy in response to the company’s return-to-office mandate. “We demand that Apple allows each...

Recession Is Already Here for Many Small Businesses

When central bankers and economists gather in Jackson Hole, Wyo., this coming week to debate the trajectories of inflation and monetary policy, there will be hopeful talk of peak prices and renewed di...

The Oil Surplus Could Persist. Expect Prices to Fall

Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Expect Oil Prices to Fall THINK Economic and Finan...

10-year Treasury yield hits highest in month as Fed’s Barkin says officials will do what it takes to fight inflation

U.S. bond yields rose on Friday, sending the 10- and 30-year maturities up for a third straight week, as traders assessed how high Federal Reserve officials might take interest rates to combat persist...

PNC Financial Services Has Big Ambitions—and a 3.4% Dividend Yield

With the acquisition of the U.S. banking operations of Spain’s BBVA, PNC now has a presence in all of the top 30 markets in the U.S., including St. Louis. Peter Newcomb/Great Forest Park Balloon Race ...

Opinion: Stop misreading the Fed: It’s not getting cold feet about wrestling inflation to the ground

The Federal Reserve isn’t as mysterious as it’s made out to be. It’s not hiding coded messages in its communications. It’s not using obscure metaphors that seem to say one thing but actually mean the ...

The U.S. economy is still sluggish — leading indicators fall for fifth month in a row

The numbers: The U.S. leading index fell by 0.4% in July to mark the fifth decline in a row, reflecting a slowdown in the economy tied to rising interest rates and pessimism among consumers. Economist...

Dow Futures Fall as Wall Street Parses Mixed Signals on Pace of Rate Hikes

Text size Investor focus remains on the Federal Reserve’s pace of future interest-rate increases. Spencer Platt/Getty Images Stock futures pointed to a lower start for Wall Street Friday as inve...

July existing-home sales fall for the sixth straight month, realtors see ‘housing recession’

The numbers: U.S. existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.81 million in July, the National Association of Realtors said Wednesday. This is the sixth straight monthly de...

U.S. stock futures slip from 3-month highs as traders await Fed minutes and retail sales data

U.S. stock futures fell back from recent highs as bulls held their fire ahead of the release of Fed minutes later on Wednesday How are stock-index futures trading S&P 500 futures ES00 ES00, -0.74%...

Oil futures slide 4% as China growth worries dominate

Oil prices fell sharply on Monday after weak economic data from China raised fears that a slowing global economy will reduced demand for energy products. Price action West Texas Intermediate crude for...

Ready to cash out some gains on this stock market run? An exit path is about to emerge, says this strategist

Welcome to moody Monday, with stock futures down and oil prices getting hit hard after a batch of downbeat data from China, alongside a surprise rate cut. Some say that the global growth engine’s econ...

When Is Tesla’s 3-for-1 Stock Split?

Illustration by Elias Stein Text size Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders wi...

Walmart, Target, Cisco, Deere, Housing Data, and Other Things for Investors to Watch This Week

Text size Earnings season continues next week in what will be an action-packed stretch for retail stocks. Walmart and Home Depot report results on Tuesday, followed by Bath & Body Works , Lowe’s, ...

Stocks Could Keep Rising If the Fed Shows Restraint

Text size As the market rebounds, speculative stocks are stirring. For proof, consider Cathie Wood’s ARK Innovation ETF, up about 40% since mid-June. David Swanson/Reuters/Alamy What bear market? Stoc...

Tesla’s Stock Will Split on Aug. 24

Illustration by Elias Stein Text size Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders wi...

Opinion: Inflation report brings 2 pieces of good news for retirees and retirement savers

Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. July’s inflation came in below fears (although a debate now rages on what ...

U.S. Home Prices Jumped to Record High in Second Quarter

Home prices continued to climb across nearly all the U.S. in the second quarter, when buyer demand started to fade due to higher mortgage rates but still exceeded the housing market’s unusually low su...

Dollar Softens as CPI Data Changes Fed Rate-Hike Expectations

Updated Aug. 10, 2022 1:36 pm ET | WSJ Pro 13:24 ET – Weaker-than-expected CPI has changed the market’s view of the Fed’s rate-increase trajectory over the next year or so, Bruce Clark, senior m...

Why home prices can stay high, complicating the Fed’s battle against inflation

Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher intere...

Stocks rally like it’s ‘mission accomplished’ — but investors urge caution as Nasdaq enters bull market

Investors might want to keep their guard up as the stock market continues its rally. “The market has kind of gone back to sleep” in appearing to think, “all right, mission accomplished, inflation’s in...

Don’t be fooled by a drop in U.S. headline inflation. Markets will be attuned to another figure on Wednesday.

Traders, investors and economists are all counting on Wednesday’s consumer-price index report to show a decline in the annual headline U.S. inflation rate for July. But there’s another figure buried i...

‘The real mortgage rate is a negative number.’ As inflation stubbornly sits at a 40-year high, do current mortgage rates look better than they seem?

What is the so-called ‘real mortgage rate’ and does it matter? Getty Images/iStockphoto I write about mortgage rates every week, but recently, I’ve heard some sources chattering about what’s called th...

Opinion: Why the Inflation Reduction Act is a very big deal for Americans

NEW YORK—Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society. There is ...

Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week

Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...

Labor market is surprisingly strong, but quitting jobs has slowed in these sectors — why that could hurt workers’ bargaining power

Friday’s jobs report showed surprising strength in the labor market, but there are signs that all may not be well for all workers. Quitting in low-wage sectors such as retail, leisure and hospitality ...

Blackstone’s Giant Real Estate Fund Faces a Test

Blackstone Group is the world’s largest manager of alternative assets such as private equity and real estate. It is also a leader in one of the industry’s biggest initiatives—attracting retail investo...

Stock-market investors wrestle with ‘boomflation’ after hot July jobs report

The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher growth and inflation wi...

Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week

Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...

Annual home price growth saw ‘the greatest single-month slowdown’ since at least the early 1970s. Does this mean homebuyers are finally getting a break?

Are home buyers getting some much-needed relief in the form of lower home prices? Getty Images Is this the news home buyers have finally been looking for? In June, the annual home price growth rate sa...

Zillow is almost done selling homes, but stock slumps as the hard part is still to come

Zillow Group Inc. is almost done selling all the homes it bought in a flurry that led to a flameout of its iBuying business, but its plans for the future led to shares plunging in extended trading Thu...