Articles

Stock-market bulls are banking on a 'soft landing' for the economy. Here's what investors will be watching.

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Markets seem captivated by the prospect of future declines in U.S. inflation, Federal Reserve interest rate cuts and no recession. These trades will get a real test next Friday when the Labor Department releases the November employment report, said Scott Anderson, chief U.S. economist at BMO Capital Markets.

'I would rather move into a 55-plus community where we could rent a nice apartment and have amenities, with no property tax or upkeep.'

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Practically everything rallied in November, with U.S. stocks seeing their best month since the summer 2022, while bonds clinched their best month since the 1980s.

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The stocks will join the S&P 500 index on Dec. 18.

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Bitcoin extends its rally Friday to the loftiest level since May 2022, pushing its yearly gain to over 130%. 

Waylaid by a boycott by major brands that prompted owner Elon Musk to tell advertisers to "go f— yourself," X is shifting its focus to small- and mid-sized businesses to prop up its flailing ad business.