Articles

An ugly July jobs report revives talk of recession and bigger Fed rate cuts

Wall Street is betting the Federal Reserve will slash a key interest rate by a half point in September after an ugly U.S. jobs report renewed talk of a recession.

Gasoline prices are lower than they were a year ago. Here’s why.

Gasoline prices at the pump are cheaper than you think. Drivers are paying rougly 8% less than a year ago, with a month left in the summer driving season, thanks to lower-than-usual demand.

Money is flowing into big-bank bonds during Friday’s stock-market plunge

The market movements suggest that investors are selling stocks and putting the money into bank bonds in search of yield.

Amazon’s stock flashes this downtrend warning for the first time in over a year

Amazon’s stock has fallen Friday below a widely followed long-term trend tracker, to flash a warning that a downtrend may have started.

Walgreens continues to shed stake in Cencora as it looks to bolster turnaround

Proceeds from the stock sale will be used to pay down Walgreens Boots Alliance’s debt.

What Spirit Airlines’ new premium bundles mean for the future of its ultra-low-cost fares

The discount airline’s new price tiers will be available for sale starting Aug. 16.

Why AMD’s stock is rising in the face of chip-sector weakness

Intel is expected to keep bleeding market share at AMD’s expense.

You can retire abroad without being rich — or George Clooney — but it helps to have these 3 things

Retiring abroad for a lower cost of living sounds great. How this couple makes it work.

Investors dump Intel’s bonds as spreads blow out after restructuring news

Spreads on some of Intel’s longer-dated bonds were as much as 20 basis points wider on Friday.

Factory orders sink in July. Weak airplane contracts to blame.

U.S. factory orders fell 3.3% in June mostly because of weaker demand for passenger plans and military aircraft, but an ongoing slump in manufacturing showed no sign of ending.

Fed chief Powell has a new catalyst for cutting rates after putting goodies ‘on the table’

Also, new rules for home buyers, an estate planning mistake to avoid and a passing of the torch for Big Tech

Recession fears fuel swings in interest-rate expectations and 2-year Treasury yield

Recession fears, a growth scare, and a Federal Reserve policy mistake. A combination of all three things gripped the U.S. government debt and interest-rate corners of the financial market on Friday, as traders weighed two days of weaker-than-expected data and translated that into large swings in fed-funds futures and the yield on the policy-sensitive 2-year Treasury note.
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