Articles

Key Words: Migrant crisis ‘will destroy’ New York City, says mayor Eric Adams

Officials say the number of migrants arriving in New York City since the spring of 2022 has topped 112,000.

Market Extra: Stock market’s 2023 run may hit roadblock after August’s energy-led boost to U.S. CPI

Inflation traders now foresee five straight months of 3%-plus annual headline CPI figures, including August's.

: Regional banks may saddle themselves with $63B in fresh debt to meet regulatory requirements: report

Larger regional banks with $100B to $250B of assets facing new capital requirements may have to raise debt to follow proposed banking rules.

: Low water levels along Mississippi River again present an opportunity for railroads, says analyst

Drought conditions are again impacting Mississippi River water levels

Economic Report: U.S. economy seen growing at about a 2.2% annual rate in the July-September quarter, according to real-time New York Fed estimate

The U.S. economy is growing at a 2.3% annual rate in the July-September quarter, according to the New York Fed's Nowcast estimate released Friday.

Key Words: The chances of a U.S. recession are rising, says former Goldman Sachs strategist Abby Joseph Cohen

While the recession is not the most likely scenario for now, the probability of recession has been on the rise in recent months, says former Goldman Sachs strategist Abby Joseph Cohen.

FA Center: You should always max out your 401(k) contribution, right? Not if taxes go up.

With steeper tax rates expected in coming decades, traditional advice deserves another look.

Beth Pinsker: That 401(k) match isn’t just free money, 3% could buy you two years of retirement

If you think about money in terms of time, you can see the value of increasing your retirement contributions.

Economic Report: U.S. wholesale inventories slip in July while sales jump

Total inventories of merchant wholesalers were down 0.2% in July, while sales jumped 0.8%, the Commerce Department said Friday.

Earnings Results: Kroger agrees to sell more than 400 stores, settles opioid claims and misses sales expectations

Kroger's stock rose Friday after the grocer announced earnings, a $1.2 billion opioid settlement and a divestiture plan related to its Albertsons merger.

TaxWatch: IRS will pursue 1,600 millionaires who owe back taxes, promising ‘sweeping and historic changes’

The Internal Revenue Service is coming after hedge funds, large law firms, partnerships and more millionaires, the tax agency’s commissioner said.

Brett Arends's ROI: This oil chart will scare the socks off you

If your coffee isn’t giving you enough of a jolt this morning, just check out this chart.
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