Articles

Treasury’s little changed as CPI inflation report looms

Bond yields were little changed early Tuesday as traders awaited an inflation report that will help determine the timing of any Federal Reserve interest-rate cut.

Inflation in Germany reaches a two-year low as U.K. wage growth cools

Inflation in Germany fell to a more than two-year low, according to data released Tuesday that suggest interest-rate cuts may be coming soon.

What’s your dream retirement? Most people want to keep working — at least a bit. 

Old views of traditional retirement are gone. New retirement will look different.

Trump’s Social Security problem isn’t his words, it’s his math

How is he planning to make his numbers add up?

Mission Produce shares rise nearly 6% as avocado prices boost results

Shares of Mission Produce rose after the company’s results were boosted by higher prices for avocados.

Oracle finally becomes a cloud company, helped by ‘enormous’ AI demand

Oracle Corp. has reached an important milestone in its decade-long shift to becoming a cloud-computing company — revenue from the cloud surpassed its traditional software licensing revenue for the first time.

Alcoa inks binding deal to acquire Australia’s Alumina for $2.2 billion

Alcoa said it has agreed to acquire Alumina in a deal that values the Australian company’s equity at roughly $2.2 billion, concluding weeks of talks over a offer that will help to cement the U.S. company as one of the world’s largest bauxite and alumina producers.

Homeowners scrambling for cash breathe new life into second-lien mortgage market

Second-lien mortgages have been getting a new lease on life as more borrowers tap their homes for cash two years since the Federal Reserve began jacking up interest rates.

New warning signs say that celebrating a Fed victory over inflation is premature

The U.S. economy reaccelerating or mildly contracting is more likely than a “soft landing.”

AI craze stokes ‘bubble within a bubble,’ says GMO’s Jeremy Grantham

The U.S. stocks appear expensive after investor mania surrounding artificial-intelligence interrupted the bursting of an initial market bubble, according to GMO’s Jeremy Grantham.

Here’s how Apple could uniquely leverage AI — and send its sagging stock higher

Apple could make it easier for users to engage with AI on their devices thanks to its tightly linked hardware and software ecosystems, says an Evercore analyst.

Biden wants to eliminate origination fees for student loans and make some forgiveness tax-free

The White House is proposing tweaks to the student-loan program that could make the loans less costly for borrowers.
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