Articles

A U.S. fiscal crisis would happen incredibly quickly — and there’s no way to predict when, says head of budget watchdog

The U.S. fiscal backdrop is “structurally unsound,” but no one knows when or if financial markets might force change, says president of the bipartisan Committee for a Responsible Federal Budget.

Walmart and Aldi are trying to one-up each other with supercheap Thanksgiving meals — and other retailers are waiting in the wings

Good news for Thanksgiving shoppers: Your holiday meal could be cheaper than it was last year.

Warren Buffett isn’t endorsing any candidates even as other billionaires back Trump or Harris

Billionaire investor Warren Buffett isn’t endorsing any political candidates or investment products and doesn’t want investors to get duped into thinking otherwise.

Boomers beware: Tapping home equity to pay for long-term care carries serious risks

Long-term care “will force people to deplete many of their assets.”

Why investors are sticking with cash as bond yields climb on election jitters

The Federal Reserve likely needs to cut rates to less than 1% to spur notable outflows, or longer-term Treasury yields need to dramatically rise from current levels, says portfolio manager

Biden administration to award nearly $250 million to develop 30,000 affordable housing units

The effort comes as the federal government seeks to rein in high housing prices ahead of the presidential election in November.

Are U.S. stocks really headed for a ‘lost decade’? Why one strategist disagrees

Are U.S. stocks really headed for a “lost decade,” as several prominent Wall Street firms have warned? The founder of one eponymous research shop doesn’t think so.

The elusive number keeping Treasury yields at their highest levels in 3 months

In the world of fixed income, there’s one number that can’t easily be pinned down, but which appears to be a contributing factor keeping long-dated Treasury yields at their highest levels in three months.

Existing-home sales sink to a 14-year low, as home buyers pull back ahead of the November election

Existing-home sales fell to a rate of 3.84 million in September, the National Association of Realtors said.

Starbucks faces ‘challenging road ahead’ with no ‘quick fix,’ says Oppenheimer

Analysts are focused on the challenges that the company’s new CEO is facing.

Rising insurance costs are another storm gathering over commercial real estate

Skyrocketing insurance premiums are a growing problem — and not only for homeowners.

Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand

Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.
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