Articles

Fix My Portfolio: I bought Series I bonds, then forgot about them. Are they still worth anything, or should I sell them?

The hot buy of 2022 is cooling off, but I-bonds are still good for long-term inflation protection.

The Tell: Treasury yields are likely to fall. That doesn’t mean stocks and corporate bonds are guaranteed to increase.

A pullback in long-term Treasury yields may not keep stocks and corporate bonds rising, according to Capital Economics. 

: U.S. corporate borrowers face record refinancing needs as funding costs reach 13-year high, Moody’s says

Junk-rated issuers are facing a cliff of $1.87 trillion of debt that comes due from 2024 to 2028, according to new reports from Moody's.

: Mortgage rates hit 23-year high and home prices show few signs of cooling. But Redfin says ‘all hope is not lost.’ Why?

The U.S. housing market has become unaffordable for many aspiring homeowners, priced out by either high home prices or high mortgage rates.

Economic Report: Mortgage rates rise for the fifth week in a row, staying near 23-year highs

The 30-year mortgage rate is averaging 7.57%, Freddie Mac said in its latest weekly survey on Thursday.

: Hormel’s stock drops 8% after workers ratify contracts with wage increases

The contract includes the largest wage increases in company history, according to the United Food and Commercial Workers International Union.

Help My Career: Why Claudia Goldin’s Nobel Prize is such a big win for women — and men

'We see ripples of her impact through lots of different fields,' one economist told MarketWatch.

Movers & Shakers: Tupperware shares continue rally and Fastenal rises on earnings beat as Ford’s stock falls after walkout

Tupperware, Fastenal, Victoria's Secret, Ford and Plug Power were active Thursday.

: Biden to meet on U.S. economy with CEOs from IBM, Target, other companies

President Joe Biden on Thursday is slated to talk about the U.S. economy with chief executive officers from large U.S. companies such as IBM and Target.

The New York Post: Trump tells Florida audience Hezbollah is ‘very smart’ and suggests U.S. and Israel share blame for Hamas and Hezbollah attacks

2024 Republican presidential frontrunner suggests public expressions by Israeli and U.S. officials of concerns about Hezbollah strike from Lebanon prompted rocket launches.

: Infosys’s stock dives after another disappointing earnings report

Infosys's stock was hit hard Thursday after the India-based IT consultant topped second-quarter revenue expectations but trimmed its full-year growth outlook.

: Walgreens misses profit expectations, provides downbeat full-year outlook

The drug-store giant will close some less profitable stores as it looks to cut costs by at least $1 billion.
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