Articles

Market Extra: ‘Can’t take recession for granted’ after GDP data: Traders see 2024 Fed rate cuts anyway

Traders in debt markets are largely looking past the latest confirmation of strength in the U.S. economy and focusing on the likelihood of it losing momentum.

Economic Report: U.S. mortgage rates rise for seventh week in a row to 7.79%

U.S. mortgage rates rose for the seventh week in a row, making it the longest streak of increases since last spring.

Earnings Outlook: Intel earnings: What to expect from the chip maker

Intel has caused Wall Street some anguish in recent years. The good news heading into Thursday's earnings is that the company likely is in a better place.

: Best Buy recalls more than 900,000 pressure cookers for burn hazard

Best Buy is recalling more than 900,000 Insignia pressure cookers after 17 reports of burn injuries, some of them severe.

: Magnificent Seven’s bonds shrug off equity weakness as Nasdaq falls into correction territory

Meta was leading a selloff in high-quality tech stocks on Thursday, but its bonds were doing fine.

Brett Arends's ROI: Sell the S&P 500. Buy this instead.

Every two weeks, all around the country, working Americans have money deducted from their paychecks and diverted into their 401(k)s. This probably includes you.

The Ratings Game: Microsoft’s growth has trailed that of peers, but the trend could soon flip in a big way

Microsoft Corp. grew revenue more slowly than the overall software sector in the company's last fiscal year. The trend could be about to flip.

Earnings Results: Royal Caribbean’s stock seesaws higher after profit beat views and outlook raised

Royal Caribbean's stock rallied Thursday in choppy trading after the cruise-ship operator's third-quarter profit rose well above expectations.

The Ratings Game: Morgan Stanley’s new CEO Ted Pick has ‘big shoes to fill’ as he faces challenging markets, analyst says

Wells Fargo analyst Mike Mayo says Ted Pick is walking into a difficult job, as Morgan Stanley's outgoing CEO James Gorman becomes executive chair in a closely watched move on Wall Street.

Economic Report: U.S. pending home sales stay near record low despite modest pickup in September

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

Economic Report: U.S. trade deficit in goods widens 1.3%, modest drag for GDP growth in third quarter

The U.S. trade deficit in goods widened 1.3% to $85.8 billion in September, according to the Commerce Department’s advanced estimate released Thursday.

In One Chart: Fair fight? In the World Series, the Rangers ($251 million payroll) play the Diamondbacks ($119 million)

The Texas Rangers spend more than twice as much on their players as their World Series opponent the Arizona Diamondbacks.
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