Toyota TM 0.29% finally has a product to compete with Tesla. Despite an awkward name and mixed reviews, the bZ4X could be the most consequential electric vehicle launched this year. Toyota’s first pur...
Tag: Political/General News
‘I have great plans for myself’: My girlfriend doesn’t understand how her student loan works and rents a pricey apartment. What if we marry — and divorce?
My girlfriend and I have been in a relationship for seven months, and it is getting more serious. I don’t expect us to get married in the next year but I like to plan ahead and if things keep working ...
Fed Minutes to Come Today. Look for Insights on Rates, Mortgage Bonds, and More.
When the Federal Reserve on Wednesday releases the minutes from its most recent policy meeting, investors will get a deeper look at deliberations over monetary-policy tightening and officials’ views o...
Boeing Changes Will Make Planes Safer, Executive Says
EVERETT, Wash.––Boeing safety chief said changes under way at the plane maker following two deadly 737 MAX crashes should prevent engineers from designing another automated cockpit system without suff...
‘Markets are imploding’ because the Fed isn’t doing its job, says billionaire investor Bill Ackman
“‘How does this downward market spiral end? It ends when the Fed puts a line in the sand on inflation and says it will do “whatever it takes.”’” — Bill Ackman, founder and CEO, Pershing Square Capital...
New home sales plunge as high prices and rising U.S. mortgage rates discourage buyers
The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row to the lowest level since the pandemic owing to high prices and soaring mortgage rates. New sales slowed to a 59...
In a ‘baby with the bathwater’ market, here are a dozen unfairly punished stocks, ripe for a bounce
Another equity selloff is brewing as a warning from Snapchat’s parent has triggered broader panic, with fears Snap is the next canary in the coal mine for tech. Or it just may be another excuse to sel...
Inflation may be a lot lower than anyone thinks — even the Fed
U.S. inflation in April plunged to an annualized rate of 4.1% — less than half of where it stood in the prior month. This will no doubt come as a surprise for those of you who focus only on the financ...
Opinion: ‘I feel like I am reliving the summer of 2008.’ Strategist David Rosenberg sees bear market sinking the S&P 500 to 3,300
The U.S. stock and the bond markets are finally in the process of catching up with our views. We always believed these past two years represented a fake bull market built on sand, not concrete. And fr...
Bank of America is raising its hourly minimum wage to $22 — here’s how many people don’t even come close to pay like that
Bank of America workers are getting a pay bump at the end June when minimum wages climb to $22 as a part of the major bank’s longstanding plan to get its starting rate to $25 by 2025. It’s good news f...
The Great Resistance is here. Companies and employees are in a battle of wills over returning to the office.
Amy Faust Liggayu, 32, a market-research project manager based in Tinley Park, Ill., and mother of a 7-month-old son, never imagined she would have a life where she could spend five days a week with h...
This Half-Built Ohio Factory Shows How Peloton Mismanaged the Pandemic
In a northwest Ohio industrial park, up the highway from a new Amazon.com Inc. warehouse and a soon-to-open solar-panel plant, Peloton Interactive is building a million-square-foot factory that it wil...
Opinion: This plan to tax the ultrarich is much simpler and better than Biden’s idea
President Joe Biden and Senate Finance Committee Chair Ron Wyden (D-OR) have proposed different ways to tax unrealized capital gains every year. Their shared goal is understandable, with trillions of ...
Elon Musk called ESG a scam — did the Tesla chief do investors a favor?
Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market theme stirs “all the feels” quite like ESG. This week, a major move to cut Tesla from a ...
‘The capitulation model for biotech is a Category 5 storm, the same as energy in 2020’ — why contrarians say the sector is a buy
If you want to know how much investors hate the biotech sector right now, consider this simple statistic: More than 25% of small biotech companies have stock-market capitalizations that are smaller th...
‘The dip is your friend’: Why some advisers are telling young investors to buy stocks, despite stagflation fears roiling markets
How low can stocks go? This question has made investors nervous, as they fear one bottom after another. The answer: Pick a number. Some analysts say brace for further drops, others expect a bounce. Wa...
Nvidia’s data-center sales likely to eclipse gaming — that might not be a good thing
Nvidia Corp.’s data-center sales are expected to edge out its gaming sales in fiscal first-quarter results, as demand from server farms remains high and gaming interest has subsided from rabid levels ...
5 smart money moves for your first 5 years of retirement
When you dream of retirement, you figure you’ll finally enjoy worry-free living. But the first few years can prove surprisingly tense. A big cash outlay or costly divorce can upend your best-laid plan...
Tesla Stock Falls After Harassment Allegations Against CEO
Text size Tesla’s Shanghai factory. Xiaolu Chu/Getty Images Tesla stock took a beating as investors digested sexual-harassment allegations against CEO Elon Musk. Thursday, Business Insider repor...
Watch out if you’re male, over 45, and think you know about investing
The stock market’s recent weakness could be particularly hazardous to your wealth if you’re male, above the age of 45, married, have more dependents, or think you have excellent investment knowledge. ...
The technician who called the 2020 market bottom says a ‘shocking rally’ is in store
It’s been a terrible week in an awful year for the stock market. Walmart WMT, -0.82%, Target TGT, -0.62%, and Tencent 700, +3.53% each reported disappointing results to add fuel to the worries about i...
Opinion: The Fed must boost rates by a full percentage point at every meeting to bring down inflation and avoid a job-killing recession
The Fed has taken aim at inflation, but it isn’t moving fast enough. Earlier this month the Fed boosted the federal funds rate by half a point, and more half and quarter point increases are almost cer...