Articles

The next leg of S&P 500 gains is coming. Here’s how investors need to prepare, says this strategist.

Societe Generale’s U.S. equity team says investors looking for the next leg of this stock rally will have to wait until early 2025.

Apple’s huge stock buyback proves one thing: companies are lousy market timers

Share repurchases are at a record, but that isn’t necessarily bullish for the U.S. market

MNC Capital raises all-cash offer for Vista Outdoor to $3.2 billion

Vista Outdoor, parent to brands including CamelBak and Bushnell,  has been the subject of several M&A offers.

First Biden-Trump debate of 2024: How inflation and your money worries will take the spotlight

With Americans still hurting from weathering the highest inflation rate in 40 years, pocketbook issues look set to play a big role in Thursday night’s presidential debate between Joe Biden and Donald Trump.

Mortgage rates fall to three-month low, luring home buyers back into the market

Mortgage applications rose 0.8% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.93%.

Southwest Airlines’ stock slides 10% after company cuts revenue guidance

Southwest Airlines Co.’s stock tumbled 10% premarket Wednesday, after the carrier lowered its second-quarter revenue guidance in a dynamic environment.

Oil prices bounce ahead of official data on U.S. inventories

Oil futures rose Wednesday, finding support amid continued jitters over the potential for a broader Middle East conflict as traders awaited official U.S. data on crude and product inventories.

Why inflation could take several years to get back to 2%

A senior research economist at the Federal Reserve’s Cleveland branch, Randal Verbrugge, says the intrinsic characteristics of inflation make it unlikely to get down to the Fed’s 2% target in a timely way.

‘In a worst-case scenario, a stock-market bust could occur’: We are ‘healthy boomers’ in our 60s with a net worth of $4.2 million. Is it time to diversify?

“We have no debt and live comfortably on $150,000 per year.”

Ken Griffin gets apology from IRS over leak of tax records

Citadel founder Ken Griffin received a rare public apology from the Internal Revenue Service after his tax records were leaked.

Get inspired by actress Christina Ricci’s charming L.A. home, just listed for $2.2 million

The serene, four-bedroom, four-bath luxury house is in a private, leafy enclave in the upscale Woodland Hills neighborhood.

Deliveroo shares jump on report of DoorDash’s interest in takeover

DoorDash reportedly approached Deliveroo last month before negotiations between the two companies broke down over disagreements about valuations
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