Articles

Key Words: Why Ray Dalio says cash is ‘temporarily’ good: ‘I don’t want to own debt’

The billionaire investor says cash for now is one of the best places for investors to park their money.

: ExxonMobil stock gains as oil price rises, reflects little reaction to accusatory report on climate-change denial

WSJ investigation uncovers internal documents that contradict ExxonMobil's public stance on the fossil-fuel impact on global warming, but stock gains Thursday.

: The 1% down payment is here. Is it a win-win — or should cash-strapped homebuyers avoid it?

Small down payments can be a boon for some, but others worry about a possible wave of defaults.

: MGM’s and Caesars’ updates on cyberattacks leave customers wanting to know more

Caesars confirmed a recent hack that caused it to incur costs, but it's not clear if that means the company paid hackers a ransom.

Money Matters: How this former teacher went from $100,000 in debt to a $300,000 net worth

Chris Lovell quadrupled her salary and leveraged real estate, social media and her teaching skills to grow her family’s wealth

: Generac recalls 64,000 home generators for ‘severe burn’ hazard

Generac is recalling about 64,000 portable home generators sold over the past 12 years due to "serious fire and burn hazards."

The Ratings Game: AMC equity offering is a ‘safety net’ and a chance to reduce debt balances, analyst says

AMC announced the completion of its at-the-market equity offering Wednesday, raising approximately $325.5 million.

: Will savings and CD rates go even higher in 2023? Why one pro says this might ‘sustain the current high yield offers.’

Inflation rose to 3.7%. What might this mean for savings rates?

Metals Stocks: Gold trades lower as the U.S. dollar climbs after a ‘dovish’ ECB rate hike

Gold prices trade lower on Thursday as the U.S. dollar climbed in the wake of an interest-rate hike and statement from the European Central Bank. Investors also digest some fresh U.S. inflation data.

: Cathie Wood’s ARK Innovation ETF sells nearly $14 million worth of Tesla’s stock

Cathie Wood's ARK Innovation ETF sold nearly $14 million worth of Tesla's stock on Wednesday, the ETF's first sale of the EV maker's stock so far in September.

Market Extra: European Central Bank raises rates by 25 basis points

The European Central Bank on Thursday lifted key rates by another quarter of a percentage point, warning that inflation is expected to remain "too high for too long."

: Berkshire Hathaway dumps 5.5 million HP shares, and it may not be done selling

Warren Buffett's Berkshire Hathaway dumped 5.5 million shares of HP earlier this week, according to a recent filing.
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