Articles

CarMax sold more used cars than expected as prices fell by about $1,100 each

CarMax’s stock surges toward a 2-year high as a drop in used car prices helped lead to a big sales beat.

Oil prices edge lower after Fed rattles markets

Oil futures edged lower Thursday, struggling for support a day after the Federal Reserve signaled it would go much slower in cutting interest rates next year.

Oil may ‘collapse’ below $50 a barrel in 2025 if this perfect storm hits the market

Oil prices look set to end the year lower as demand weakness, particularly from China, prevails — but 2025 may bring an even steeper loss, with the possibility of a drop below $50 a barrel if the market sees a “perfect storm” of factors, including sharp economic declines in China and Europe.

What the history of Fed pauses says about stocks and bonds after the market freak-out

Citigroup has published a timely piece looking at the history of Fed pauses during previous easing cycles, now that a January change looks remote

The big connection between the yen and tech stocks has been severed

The yen was diving on Thursday, but that probably won’t help revive the so-called carry trade.

Buy the tech stock dip ahead of Trump rally, popular analyst says

Trump’s initiatives to boost America’s artificial intelligence (AI) sector will help the Magnificent Seven technology companies continue surging in 2025, meaning the recent dip is just another opportunity to buy in

Treasury yields mixed after huge spike; Morgan Stanley says January Fed rate cut still possible

Bond yields put in a mixed performance in early trade on Thursday, after a big spike following the Fed’s more cautious outlook on rates.

‘I worked hard for my savings’: I’m 71 and a retired teacher. I want to give my kids money — but my daughter spends lavishly and my son is wealthy.

“I have been reading about the idea of giving your children money when they need it the most, rather than waiting until you die.”

Jennifer Lopez struts her stuff—still living in $68 million mansion she shared with Ben Affleck

Lopez shared a series of social media posts of herself inside the property, and the pricey pad has been decked out for the Christmas season.

Why stocks and bonds slumped — and market volatility soared — after Fed meeting

Stocks and bonds sold off after the Federal Reserve ended its policy meeting Wednesday with a new set of economic projections that pointed to a potentially slower pace of interest-rate cuts next year than previously forecast.

MillerKnoll’s stock sinks on outlook, but company says bigger orders signal bigger focus on office space

Shares of MillerKnoll Inc. slid after hours on Wednesday after the furniture maker trimmed its full-year profit outlook, citing “slower-than-expected macroeconomic improvements” and a housing market that continues to stay tight.

This industrials company is joining the S&P 500 soon

Heating and air conditioning equipment maker Lennox International Inc. is replacing contract drug maker Catalent Inc. in the S&P 500.
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