Articles

: Hawaiian Air’s 2-year bonds soar 18% on news of Alaska Air takeover

Alaska Air is buying smaller regional carrier Hawaiian Air for a huge premium.

The Moneyist: My late brother’s three children say they should receive the same annual monetary gifts their grandmother gives to her other children. Are they entitled?

“As the person with power of attorney, I encouraged her for the past few years to give gifts to her children and grandchildren.”

Banking: Tight monetary policy, economic headwinds fuel negative outlook on banks from Moody’s

Higher cost of capital will cause profitability gains to slow down while impacting loan growth. Banks are expected to build up reserves to shore up their balance sheets in an economic slowdown.

Commodities Corner: Why the rally in uranium that lifted prices to a 15-year high may not be over

Though the rally for uranium may not be over, prices would still need to rise significantly to reach a new record high.

: Ex-congressman George Santos is selling $150 videos on Cameo

GOP representative was expelled from the U.S. House in a historic vote last week after committee found "substantial evidence" of lawbreaking.

The Tell: Stock market will struggle to rise by more than 2% by mid-2024, says Stifel’s Bannister

U.S. stocks have jumped this year, but the S&P 500 index will probably struggle to rise much above 4,650 into mid-2024, says Stifel chief equity strategist Barry Bannister.

Mark Hulbert: Gold’s rally has nearly run its course

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The Ratings Game: Pick beer over spirits for 2024 investments — but not Bud — Deutsche Bank says

Deutsche Bank expects beer to be a better investment than spirits in 2024, but soft drinks will beat them both.

Market Extra: Wall Street ‘dash for trash’ is heating up as small caps, unprofitable tech and other speculative bets rally

A mad rush for small-cap stocks, shares of unprofitable technology companies and heavily-shorted names has revived talk of a "dash for trash" on Wall Street.

: GameStop’s stock rises as earnings near, on pace for two-day winning streak

Videogame retailer and original meme stock GameStop is set to report third-quarter results after the closing bell Wednesday

: General Motors’ stock rises more than 2% as Mizuho upgrades to buy now that UAW strike is over

Shares of General Motors Co. gained more than 2% Monday after analysts at Mizuho upgraded the stock to buy from neutral and said the carmaker has several catalysts for a move higher now that the United Auto Workers strike is over.

: Former Wells Fargo chief Tim Sloan says he was ‘scapegoat’ after fake-accounts scandal

Sloan seeks $34 million as he charges bank with using him as a "scapegoat" in a scandal that he did not cause.
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