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Classic 60-40 mix of stocks, bonds on verge of historic gains ‘after being written off for dead’

The traditional portfolio of stocks and bonds has been on a tear over the past two months as the S&P 500 nears a record high, but it’s the big gains in fixed income that stand out, according to Bespoke Investment Group.

Boeing’s stock drops after company urges inspections on 737 Max planes

Boeing Co. urged airlines and other operators to check for possible loose bolts on its 737 Max jets.

Cathie Wood dumps Grayscale and buys bitcoin-futures ETF. Here’s why. 

One of Cathie Wood’s exchange-traded funds has sold all its holdings of Grayscale Bitcoin Trust over uncertainty around whether the trust's conversion to an ETF would be approved.

Affirm’s stock could fall 40% in 2024 after soaring 400% this year, analysts say

Wall Street analysts seem to like buy-now-pay-later services company Affirm Holdings, but most of them expect the stock to pull back -- a lot -- in 2024 after rocketing more than five-fold this year.

Franklin Wireless’s stock rallies on heels of Sinnet Capital letter urging special dividend

Owner of 3.2% of Franklin Wireless shares wants $1 special dividend and $10 million stock buyback.

Social Security’s leaders are failing us

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Pending home sales flat in November despite drop in mortgage rates

Pending home sales were flat in November compared with the previous month, according to the National Association of Realtors. Economists were expecting pending home sales to rise 1% in November, according to a survey by the Wall Street Journal.

U.S. trade deficit in goods widens in November for third straight month

The U.S. trade deficit in goods widened 0.8% to $90.3 billion in November, according to the Commerce Department’s advance estimate, released Thursday.

Jobless claims rise for second straight week

Initial jobless claims rose by 12,000 to 218,000 in the week ended Dec. 23, the Labor Department said Thursday.

‘My friend is a die-hard feminist’: When her future husband asked her out, she insisted they split the bill. He said, ‘Great!’ Who should pay on a first date?

"Throughout the marriage they have shared all of the expenses of running the home, buying groceries and furniture, and paying for holidays."

Gold is ending 2023 with a record-breaking run. Here’s why.

Gold prices are ending a big year on an up note.

Artificial intelligence may be ‘iPhone moment’ for Microsoft in price target hike, analysts says

Wedbush analyst says artificial intelligence will boost cloud business growth
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