Articles

Markets will move past Powell’s Jackson Hole speech — but it’ll be a rocky ride

Any S&P 500 pullback that doesn’t fall below 5,370 keeps the bulls in control.

Jerome Powell’s Jackson Hole speech could rally stocks around a soft landing — but messaging is key 

Investors want to know if the “pain to households and businesses” from Powell’s 2022 speech still lurks on the horizon.

Thousands of miles from Silicon Valley, this small country is building a booming tech sector

A tech hub is developing in Armenia, some 7,000 miles from Silicon Valley.

Updated COVID-19 vaccines from Pfizer, Moderna approved by FDA

The Food and Drug Administration on Thursday approved updated COVID-19 vaccines made by Pfizer Inc. and Moderna Inc., as a summer wave of the virus is still rolling across the country.

Kamala Harris’s critics are totally wrong about taxing unrealized gains

I’m trying to work out if I’ve ever heard as much nonsense in such a short period of time as I’m hearing right now about the Biden-Harris plan to tax unrealized capital gains.

Mpox vaccine maker Bavarian Nordic’s stock jumps 10% as European country places jumbo order for doses

Second-quarter earnings beat estimates and company guides to top of full-year range

Target’s results show struggling shoppers are turning to biggest chains for relief, analyst says

Over the past two years, retailers have had a tougher time getting inflation-battered shoppers to spend at their stores. But for the biggest chains, some analysts say, that’s become less of a problem.

Tim Walz took an early withdrawal from his retirement account. Is it ever OK to dip into your 401(k)?

The Democratic vice-presidential candidate’s campaign confirmed Walz’s withdrawal from a 401(k)-type plan.

Say goodbye to the retirement ‘5.5% rule’

Annuity rates won’t last.

Gold prices on track for their lowest finish in a week

Gold traded sharply lower on Thursday, with strength in the U.S. dollar contributing to weakness in prices of the precious metal just two days after it marked a fresh record high.

Powell’s Jackson Hole speeches tend to lift the stock market — but when they don’t, the drop is a doozy

Stocks have usually climbed when Fed Chair Jerome Powell speaks at the Jackson Hole Economic Symposium — with two big exceptions.

Estée Lauder upgraded to overweight at Piper Sandler after stock drops nearly 40% in 2024

Estée Lauder drew an upgrade to overweight from neutral at Piper Sandler on Thursday as analyst Korinne Wolfmeyer said she’s more bullish on the beauty giant after its stock has lost more than a third of its value so far this year.
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