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Market Extra: Why Biden’s planned Israel visit is calming markets — for now

President Biden's planned trip to Israel Wednesday soothes market jitters, with investors locked on oil price moves.

: Shares of bankrupt Rite Aid plunge despite meme-stock chatter

After halting on Monday, trading in Rite Aid's stock resumed Tuesday.

Banking: U.S. Bancorp’s stock rallies on release of Fed banking requirement

U.S. Bancorp no longer has to meet Category II banking requirements after its December acquisition of MUFG Union Bank.

Market Extra: ‘Bond math’ shows traders bold enough to bet on Treasurys could reap dazzling returns with little risk

As investors snap up long-dated Treasurys following a historic rout that has seen the price of some issues cut in half, some traders are using esoteric "bond math" to justify making big contrarian bets.

: 5 charts that show how the housing market crashed and burned in 18 months

The 'fastest Fed-driven housing slowdown on record' has slowed the U.S. housing market with elevated prices and higher monthly mortgage payments.

TaxWatch: If you live in these 13 states, the IRS could do your taxes next year — for free

The IRS is testing a new program to let taxpayers file their taxes online, for free. It would compete with TurboTax and CPAs.

The Tell: Bonds looks ‘cheap’ to top JPMorgan strategist getting defensive amid Israel-Hamas war

JPMorgan Chase & Co.’s Marko Kolanovic is taking a defensive approach to markets amid a flare up in geopolitical risks and restrictive monetary policy.

: The U.S. retirement system has some ‘major shortcomings,’ one report says. Artificial intelligence could help.

Out of a survey of 47 countries, the United States came in at 22nd.

The Tell: Long-term U.S. Treasury yields may resume their march higher despite recent bond-market swings, BlackRock says

A recent surge in the U.S. Treasury yields may continue and the volatility is likely to persist as investors demand more compensation for the risk of holding longer-term Treasurys, says BlackRock Investment Institute. 

: GM delays Orion EV plant by one year to ‘better manage’ investment and EV demand

General Motors Co. cites uncertainty about EV demand in delaying an EV plant.

: Overwhelmed by Medicare Advantage ads? You’re not alone, but change may be coming.

The ads face some new restrictions this year after a surge of complaints about misleading marketing.

: House speaker election: Jim Jordan comes up short in first round of voting

Rep. Jim Jordan hits resistance Tuesday in an initial round of voting as he works to become the next speaker of the U.S. House of Representatives.
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