Articles

The 10-year Treasury yield is climbing after the Fed’s big rate cut. Why investors should be concerned.

The Federal Reserve is all about delivering a soft landing for the economy. Investors aren’t totally convinced.

Target Hospitality’s stock tumbles 24% after buyout committee disbanded

Target Hospitality Corp.’s stock tumbled 24% early Wednesday, after the provider of modular housing said it has disbanded a special committee created to review a buyout offer after the bidder failed to follow through on its offer.

Why this holiday season, shoppers might finally be ready to buy fancier stuff

From Nov. 1, when holiday spending picks up in earnest, through Dec. 31, Adobe expects U.S. online sales of $240.8 billion, an 8.4% gain and a new record.

Reddit extends machine-learning translation to 35 new countries, including Brazil and Spain

Social-media platform Reddit is rolling out machine-learning translation to a slew of new countries.

My wife and I immigrated to the U.S. with our son, 25. We have $45,000. Do we buy a house in California — or save our money?

“We are all naturalized citizens. We have a small savings of over $45,000 deposited in a high-yield savings account.”

Buy Tesla’s stock ahead of these ‘significant’ positive catalysts, analyst says

Tesla’s stock has been on a tear in September, and Baird analyst Ben Kallo expects more gains are to come after the electric vehicle giant reports deliveries data next week.

Merck says trial of combination treatment for colon cancer failed to meet main goal

Merck & Co.’s said a late-stage trial of its blockbuster cancer drug Keytruda in combination with favezelimab failed to meet the main goal of overall survival (OS) as a treatment for a type of colon cancer.

China stimulus plans spark a commodities rally, but a soft landing still isn’t a sure bet

Commodity prices have climbed this week, with oil, silver, and copper among the more recent standouts, buoyed by China’s stimulus measures, but traders should be wary about the outlook for the sector until they see evidence that the global economy will avoid a hard landing.

Trump social-media stock ‘DJT’ rises as insiders hold on to their shares

Trump Media & Technology Group Inc.’s stock was up nearly 7% in premarket trading on Wednesday as a two-day deadline passed with no fresh filings from insiders selling stock.

A wave of retail investor cash may hit the stock market when interest rates reach this level

Brokerages are sitting on something that could help fuel a rally in the stock market — piles of uninvested cash.

Refinances surge 175% from a year ago, as mortgage rates remain at a 2-year low

Mortgage applications rose 11% in the last week, the Mortgage Bankers Association said.

Oil prices pull back as optimism over China stimulus plan fades

Oil futures traded modestly lower early Wednesday, pulling back from strong gains seen the previous session amid a broad commodity rally sparked by China’s announcement of an aggressive monetary stimulus plan.
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