Articles

The Ratings Game: Choice Hotels’ hostile bid for Wyndham Hotels may result in a proxy battle, Truist says

Wyndham’s board has unanimously rejected Choice’s hostile bid.

: Treasury says Hamas leaders ‘live in luxury’ as it unveils new sanctions

The U.S. government unveiled fresh sanctions on 10 Hamas members and associates in the wake of the group's Oct. 7 attack on Israel.

Economic Report: U.S. housing starts rebound in September after sharp drop in prior month

Construction of new U.S. homes rose 7% in September to an annual pace of 1.36 million units, the Commerce Department said Wednesday.

: Abbott Labs’ stock rises as third-quarter results beat estimates despite plunging COVID sales

Strong medical device sales boost results even as investors fear obesity drugs' impact.

: Airline stocks hit hard by United’s dour profit outlook

Airline stocks fell Wednesday, as United Airlines' warning of a profit miss because of the Israel-Hamas war cast a pall on sentiment.

Need to Know: ‘The high for equities is not in,’ says technical strategist who unpacks the stocks to buy now.

On a day of rising geopolitical tensions, this technical strategist says there are plenty of reasons to be optimistic about stocks

Encore: Social Security’s 3.2% COLA reflects cooling inflation

Cost-of-living adjustment makes sure the backbone of our retirement system keeps pace with rising prices

Economic Report: Mortgage rates rise to 7.7%, the highest level since November 2000

Mortgage applications fell 6.9% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.7%.

Movers & Shakers: Stock movers: United Airlines shares drop after warning on fuel costs and Middle East conflict

Shares in United Airlines, Viking Therapeutics, Terex Corp, J.B. Hunt Transport Services, ASML, and Interactive Brokers were all active in pre-market trading

: Bridgewater chief investment officers say the market has entered the second stage of tightening

The upward adjustment in bond yields was warranted and isn't done yet, say the co-chief investment officers of hedge fund giant Bridgewater Associates.

Market Snapshot: S&P 500 futures ease as Treasury yields hit fresh highs, Tesla results loom

U.S. stock futures fell early Wednesday as benchmark bond yields touched fresh 16-year highs and geopolitical angst hit global sentiment.

NerdWallet: Summer vacation in Greenland? How climate change is raising questions about travel destinations and peak seasons.

Tourism destinations are starting to take note — and get worried — about the toll climate change could take on this enormous industry.
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