Articles

The Tell: The stock market is set up for a relief rally. Don’t chase the bounce, says technician.

The potential reward from chasing a stock-market bounce isn't attractive, according to Tyler Richey, co-editor at Sevens Report Research. 

: American Airlines fined for leaving thousands stranded on tarmac

American Airlines Group Inc. was fined $4.1 million for keeping thousands of passengers sitting in planes on the tarmac for hours without a chance to deplane.

Financial Crime: Roomster reaches multi-million dollar settlement over fake-listing and review scam

The apartment-finder site paid for bogus positive reviews and used fake listings to lure in desperate renters with little money, authorities say

Brett Arends's ROI: Here’s how much 401(k) contribution limits are likely to rise next year

The tax-deferred amount you will be able to contribute to your 401(k) plan in 2024 is likely to rise by just $500, or 2.2%, according to a forecast from Mercer, a pension consulting company.

Beth Pinsker: IRS says high earners can wait until 2026 to put catch-up contributions into a Roth. Why not start now?

If you’re already among the few people over 50 who contribute the extra money to their 401(k), paying the tax up front might be the better choice.

Commodities Corner: Citgo warns of fuel contamination at Tampa terminal as Tropical Storm Idalia looks to hit Florida’s Gulf Coast as a hurricane

Citgo Petroleum Corp. and Florida officials have warned that fuel sold at stations supplied by Citgo's Tampa, Fla. terminal may be "contaminated," complicating efforts by citizens preparing for a hurricane expected to reach the Gulf Coast later this week.

: Student loan activists who helped get billions in debt cancelled are trying again, with a new tool for borrowers

The tool created by the Debt Collective helps borrowers petition the government to use its authority under the Higher Education Act to cancel their loans

Coronavirus Update: COVID is evolving quickly in white-tailed deer, study finds

Mutated virus can jump from animals back to humans, researchers say.

: Nordstrom leaves downtown San Francisco flagship as lease expires following sagging foot traffic

Retailer shutters a five-story retail location in the heart of San Francisco as it carries out plan to vacate the business by the end of August.

: Mallinckrodt discloses grand jury subpoena, makes bankruptcy filing official

Mallinckrodt made its bankruptcy filing official on Monday and disclosed a grand jury subpoena.

Deep Dive: Avoiding the 30-year mortgage loan trap can save you hundreds of thousands of dollars

A little extra homework might make it possible for you to avoid the Great American Ripoff.

Market Extra: Zero-day options have arrived for Europe’s most popular stock market index

Monday marks the start of zero-day options for the Euro Stoxx 50 index. Options traders and analysts say they will struggle to match the might of their U.S. counterparts.
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