Articles

Tamer wholesale costs offer ray of hope on inflation, but prices are still headed in the wrong direction

A tamer increase in wholesale prices in March raised hopes that inflation is slowing enough to keep the Federal Reserve on the path to cut interest rates, but more evidence is needed. A lot more.

The S&P 500’s rally is approaching a make-or-break moment

The stock market’s recent stumble has brought the S&P 500 to within striking distance of an important trendline for the first time in five months — hinting at a make-or-break moment for the stock rally.

Morgan Stanley stock falls as feds reportedly scrutinize its wealth unit

The WSJ reported that regulators are studying whether Morgan Stanley has been adequately investigating prospective client identities and the sources of their wealth.

Silver has outpaced the strength of gold’s gain so far this year

Silver prices have gained ground on the heels of a rally in gold, with prices for the white metal on Thursday settling at a nearly three-year high and outpacing the strength of gold’s gain in the year to date.

Aerospace SPAC Mission Space Acquisition looks to the stars in filing for $100 million IPO

The Cape Canaveral-based blank-check company is eyeing opportunities in the aerospace and defense industries.

These tips for investing in mutual funds and ETFs keep your portfolio financially fit

Getting real about weight-loss ETFs, stock returns and bearish corporate insiders.

A $1.50 sandwich? Despite inflation, food at the Masters golf tournament is still among the cheapest in professional sports.

Food prices in the U.S. are up 2.2% over the past 12 months, but at the Masters, a pimento cheese sandwich is still $1.50 and no food item costs more than $3.

Shohei Ohtani not involved in gambling, prosecutors say, as they charge translator with stealing $16 million

Baseball star Shohei Ohtani was not involved in gambling and had no knowledge of payments being made from his accounts to pay an illegal bookie, federal prosecutors said Thursday, as they criminally charged his translator with stealing $16 million from the Los Angeles Dodgers slugger.

The bar is finally low enough for Nike, analyst says. These big events could help the stock this year.

Demand for shoes and clothes has suffered as prices for more crucial things, like groceries, stay high.

Why is Ford deepening its hybrid push? It comes down to one word.

Consumers are liking the value they get from hybrids, a Ford VP says.

What is a good credit score — and how can you improve yours?

For the first time in a decade, the national average credit score in the U.S. dropped in late 2023, according to data from Fair Isaac Corporation. But what exactly is a credit score and how do you know if you have a good one?

Bad news for home buyers: Mortgage rates jump on the back of strong economic data

The 30-year mortgage rate is averaging at 6.88% Freddie Mac said in its latest weekly survey on Thursday.
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