Articles

BioNTech’s stock slides 3.4% after earnings fall short of estimates amid shrinking COVID-vaccine sales

The company said it has started commercializing variant-adapted COVID vaccines for the coming season, and is also building on development efforts for other drug candidates.

The Sahm Rule, carry trades and recession fear are more than the market can bear

Expect U.S. stocks to rally after the November election — but a lot has to go right before that happens.

Economy slowing, pressure on Fed is recipe for defensive stocks to shine, small caps to fade, says Morgan Stanley’s Wilson

One of Wall Street’s more pessimistic analysts says evidence that the economy will slow further and pressure on the Fed to cut faster is a recipe for defensive stocks to shine and small caps to fade.

Why a sell-off for the ‘abnormally good’ market is justified, according to this fund manager

David Bianco, chief investment officer, Americas, for DWS, says the correction is “largely justified.”

‘She’s now down to her last few dollars’: My friend quit her job, blew her inheritance and will take vacations using credit cards. Will she ever see sense?

“She has over $70,000 in her retirement fund, but says that’s for emergencies.”

Bond yields continue to slide on expectations of aggressive Fed easing

Bond yields continued to reverse on Monday on growing expectations the Federal Reserve will cut aggressively — and possibly not even wait until its next scheduled meeting to do so.

New Orleans Saints QB Derek Carr is selling his Vegas mansion for $9 million, and it’s like a private resort

If you’re looking for a luxurious Sin City home that doubles as the ultimate piece of sports memorabilia, we’ve found the place for you.

Jennifer Lopez just sold this elegant Manhattan penthouse for $23 million

The two-level penthouse has an enviable terrace with views of Madison Square Park.

Your stocks now trade at the mercy of the Japanese yen

Investors are feeling the pain of another massive global shift. This time it’s the yen carry trade.

Kellanova shares jump on report Mars exploring bid

Shares of Kellanova, the snack-foods company spun off from WK Kellogg, rallied in premarket trade on a report that Mars is exploring an acquisition of it.

China’s Caixin PMI signals pickup in services-sector activity

A private gauge of China’s services sector signaled that activity expanded at a faster pace in July compared with a month ago, in contrast with the trend seen in official data.

U.S. stock futures slide further after a wild week on Wall Street

U.S. stock-market futures fell late Sunday, after a volatile week on Wall Street that saw the Nasdaq fall into correction territory.
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