Articles

: Americans’ credit-card debt just hit $1 trillion

Overall household debts climbed to $17.06 trillion, according to New York Fed data released Tuesday.

Market Extra: A complicated options trade that has helped prop up U.S. stocks is starting to unravel

A complicated derivatives trade that may have helped power much of the U.S. stock market's post-March rally is showing signs of unwinding, with potentially serious consequences for the broader market, one veteran analyst warned.

Deep Dive: These dividend stocks yield as much as 11% while meeting strict criteria for estimated cash flow

A look at estimates through 2025 provides some comfort to investors that these companies will be able to raise their dividend payouts.

Earnings Outlook: Upstart earnings: What to expect from the AI lender

Upstart's controversial stock will be put to the test Tuesday afternoon when the company posts earnings.

: ‘Ageism may be the most normalized and socially accepted form of prejudice,’ but there may be hope

The Australian Human Rights Commission found that even small efforts can produce big results when it comes to battling ageism.

Metals Stocks: Gold prices slip for 2nd day as disappointing economic news boosts U.S. dollar

Gold futures fell for a second straight session on Tuesday as disappointing economic data from China, a credit rating warning for U.S. banks, and some weak corporate earnings resulted in some flight to the safety of the U.S. dollar and Treasuries.

: Alibaba, Nio among China stocks falling amid downbeat economic data

U.S.-listed shares of Chinese companies were headed lower in Tuesday's premarket action after data showed exports falling sharply in July, suggesting a slowdown in global economic growth. .

: When was the last time you told anyone your last wishes? A third of Americans haven’t told anyone theirs.  

Almost half of survey respondents didn’t know where to start in creating a will  

Economic Report: U.S. trade deficit drops 4% to $65.5 billion on waning imports

The nation's trade deficit fell 4% in June to $65.5 billion due to declining demand for imported goods, perhaps a sign of weakening demand in the U.S. economy.

The Fed: Fed may be at point where it can be patient and hold rates steady, Harker says

The Federal Reserve could be at the point where it doesn't need to raise interest rates further, said Philadelphia Fed President Patrick Harker, on Tuesday.

: America’s cities have a ‘once-in-a-generation’ opportunity to convert office space to apartments — now comes the hard part

The great conversion could produce 171,470 new apartments, New York University and Columbia University researchers said.

: Sage Therapeutics’ stock drops 49% after FDA approves zuranolone for postpartum depression but not for major depressive disorder

The good news on postpartum depression was offset by disappointment about major depressive disorder, which would be a far greater opportunity.
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