Articles

Economic Report: Signed contracts for U.S. homes rise for the second month in a row

U.S. pending home sales rose in July, the National Association of Realtors said on Wednesday.

Market Extra: What history says about stock market in September after AI-driven rally screeches to a halt in August

A fierce artificial intelligence-led rally in the U.S. stock market seems to run out of steam in August, but expect September, which is just two trading days away, to be more volatile if the past several decades are any guide. 

The Ratings Game: Is Nvidia’s stock actually cheap? One analyst makes the case.

After Nvidia's earnings report, a Melius Research analyst thinks a case could be made that the stock could be "cheap," at least on a relative basis.

The New York Post: Tesla-themed diner and drive-in theater reportedly gets approved in Los Angeles

Elon Musk’s Tesla has reportedly received approval to move forward with plans to build an all-night diner and drive-in movie theater in Hollywood.

Economic Report: U.S. trade in goods widens in July

The U.S. trade deficit in goods widened 2.6% to $91.2 billion in July, according to the Commerce Department’s advanced estimate released Wednesday.

Economic Report: U.S. economy grew at slower 2.1% pace in second quarter, new GDP figures show

The U.S. grew at a somewhat slower 2.1% annual pace in the second quarter, revised figures show, but in retrospect the economy still showed more underlying strength than expected.

Futures Movers: Oil prices rise as industry data shows big drop in crude inventories

Oil futures rose early Wednesday, lifted after industry data showed a large draw to U.S. crude inventories.

The Tell: Why Goldman Sachs sees uptick in interest in hedge funds in new market regime

Markets may stay bumpy with interest rates at elevated levels, an environment that Goldman Sachs Group’s Jack Springate says has sparked heightened investor interest in hedge funds.

Economic Report: Mortgage rates remain at a 23-year high, but buyers are adjusting

Applications rose for the first time in five weeks despite high rates, industry group says

Need to Know: Hedge funds have made a huge push into risky assets. Here’s what that means.

Have funds have continued to adjust up their positions on major assets, and are clearly "risk on," says Société Générale. They are risk of getting spooked.

Help Me Retire: I’m 70 and am thinking of going back to work to qualify for Social Security. Should I? 

Have a question about your own retirement savings? Email us at [email protected]

Bond Report: Ten-year Treasury yields inch higher ahead of ADP jobs data

Benchmark Treasury yields early Wednesday reversed a small portion of their latest slide as traders eyed the ADP private sector jobs report.
1 1,689 1,690 1,691 1,692 1,693 1,983