August 17, 2023 Long-term Treasury bond ETFs fall as Goldman Sachs forecasts rate cuts in 2024 Goldman’s baseline forecast calls for the Fed to start cutting rates in the second quarter of 2024 Shares of exchange-traded funds that buy U.S. Treasury bonds with long-term maturities fell […]
August 17, 2023 Long-term Treasury bond ETFs fall as Goldman Sachs forecasts rate cuts in 2024 Goldman’s baseline forecast calls for the Fed to start cutting rates in the second quarter of 2024 Shares of exchange-traded funds that buy U.S. Treasury bonds with long-term maturities fell […]
August 17, 2023 The S&P 500 is flashing a warning that U.S. stocks are likely headed lower after breaking below its 50-day moving average The index just closed beneath the average for the first time since March. Doing so snapped the longest streak without a break below in nearly 3 years. The S&P 500 […]
August 17, 2023 The S&P 500 is flashing a warning that U.S. stocks are likely headed lower after breaking below its 50-day moving average The index just closed beneath the average for the first time since March. Doing so snapped the longest streak without a break below in nearly 3 years. The S&P 500 […]
August 17, 2023 JPMorgan, US Virgin Islands trade accusations over Epstein NEW YORK (Reuters) – JPMorgan Chase (NYSE:JPM) and the U.S. Virgin Islands traded new accusations this week in legal filings over their relationships with the late disgraced financier Jeffrey Epstein. […]
August 17, 2023 US weekly jobless claims fall; tight labor market underpinning economy By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued tightness in the labor market even as job […]
August 17, 2023 U.S. stocks mixed after retail earnings, Fed minutes Investing.com — U.S. stocks are mixed after a slate of reports from major retailers such as Walmart and Target and as investors digested the minutes of the Federal Reserve’s meeting in July. […]
August 17, 2023 European shares drop on dour earnings, rate hike concerns By Ankika Biswas and Shashwat Chauhan (Reuters) -European shares dropped on Thursday, with a slew of downbeat earnings weighing on sentiment as well as rising bond yields on further signs […]
August 17, 2023 Stock market today: Wall Street is holding steadier, but higher bond yields keep biting NEW YORK (AP) — Wall Street is holding a bit steadier Thursday, and stocks are mixed following their sharp two-day slide. The S&P 500 was virtually unchanged in midday trading. […]
August 15, 2023 U.S. stocks are falling after stronger-than-expected retail sales Investing.com — U.S. stocks were falling on Tuesday as disappointing data out of China and stronger-than-expected retail sales data in the U.S. fueled concerns about interest rates. At 10:58 ET […]
August 15, 2023 Stock Market Today: Dow lower as Treasury yields rise after retail sales surprise Investing.com — The Dow ended lower Tuesday, as an ongoing stumble in China’s economy raised fears about global growth just as Treasury yields after stronger-than-expected consumer spending dented hopes that the […]
August 15, 2023 Wall Street falls as retail sales data fans rate fears, big banks drop Investing.com — The Dow ended lower Tuesday, as an ongoing stumble in China’s economy raised fears about global growth just as Treasury yields after stronger-than-expected consumer spending dented hopes that the […]
August 15, 2023 New to Investing? Here Are Some Tips Before Getting Started In the spirit of National Financial Awareness Day (Aug. 14) and broadly helping to contribute to improved financial knowledge, this article will address different investing strategies. If you haven’t already done so […]
August 15, 2023 U.S. retail sales, Home Depot, China and Russia rate calls – what’s moving markets Investing.com — Wall Street heads lower ahead of the release of key retail sales data as well as results from home improvement retailer Home Depot. China cuts interest rates to […]
Wealthion August 15, 2023 High Interest Rates To Cause “More Pain” For Stocks & Bonds | Jonathan Wellum, Rocklinc US Stock Market
August 15, 2023 Dow Jones Today: Stocks Fall on U.S. Banking Concerns, Weakening Chinese Economy U.S. stocks fell Tuesday on concerns about the creditworthiness of U.S. banks and the impact China’s sputtering economy and ailing real estate market could have on the global economy. The Dow […]
August 14, 2023 What is PayPal USD, and how does it work? 1. PayPal USD (PYUSD), explained Going by the company’s communique, PayPal USD is designed for people who wish to avoid the volatility of other cryptocurrencies. PayPal is rolling out its own […]
August 14, 2023 U.S. stocks are mixed as investors await retail earnings, economic data Investing.com — U.S. stocks wobbled early on Monday as investors anticipate earnings reports from major retailers and retail sales data for July that could shed more light on the health […]
August 14, 2023 PayPal hires Intuit veteran with small business expertise to be next CEO By Niket Nishant and Manya Saini (Reuters) -Digital payments giant PayPal (NASDAQ:PYPL) Holdings on Monday named Alex Chriss, a top executive at tax-preparation software firm Intuit (NASDAQ:INTU), its next CEO as it […]
August 14, 2023 UBS pays $1.43 billion to settle US mortgage claims as industry-wide probe concludes By Kanishka Singh and Jonathan Stempel WASHINGTON/NEW YORK (Reuters) – UBS agreed to pay $1.435 billion to settle U.S. charges that the Swiss lender misled investors into buying troubled mortgage […]
August 14, 2023 US hedge funds dumped shares in Chinese companies in Q2 By Carolina Mandl NEW YORK (Reuters) – U.S.-based hedge fund investors such as Coatue, D1 Capital and Scion cut their exposure to Chinese companies in the second quarter, as doubts […]
August 14, 2023 Investors hate energy stocks; Buffett and insiders love them. Choose your side. Buffett’s Berkshire Hathaway is boosting energy-sector exposure. Here are stocks to consider now. A nice trifecta of factors is telling investors that energy stocks are a buy: Investors hate them; […]
August 14, 2023 Now’s the time to own dividend-paying stocks. These 5 offer up to a 9% yield. The “easy” gains of the early part of a bull market have been made, and stocks are more likely to move sideways. That means now is a good time to […]
August 13, 2023 Sluggish US earnings may need pick-me-up to support 2023 stock rally By Lewis Krauskopf NEW YORK (Reuters) -Stock investors have been satisfied by middling U.S. corporate results so far this year but they might not be so easy to please for […]
August 13, 2023 5 things crypto must get right for mainstream adoption to happen Mainstream crypto adoption will require an enormous effort, and it’s still likely to be several years away. Crypto functions much like traditional fiat money, offering an easy way to pay […]
August 12, 2023 ‘Retire at 67? I’m already exhausted’: I’m 49 with 25 years left on my $540,000 mortgage. Am I doomed? ‘I wake up in the morning, and my first response is, “Here we go again.”’ I’m 49, I live in a major metropolitan area and I have a $540,000 mortgage. […]
August 12, 2023 Guess who’s been selling the stock-market rally They say the stock market doesn’t peak until the last bear turns bullish. Bull markets “die on euphoria,” as the late Sir John Templeton used to say. When it comes […]
August 12, 2023 5 Ways To Invest In Travel And Tourism Most consumers are familiar with the travel and tourism industry from using its services for some needed rest and relaxation during family and related vacations. However, these same activities can be […]
August 11, 2023 Top 15 Stocks to Buy as Inflation Comes Roaring Back July’s CPI report may show a 3.3% increase, up from June’s 3.0% reading. I believe inflation will likely rise in the coming months due to higher energy and food costs. […]
