Home prices could gradually fall in 2023, Redfin says. What could cause them to fall?
by Text size The median home sale price was 14% higher for the four-week period ending June 26 compared to a year earlier, Redfin said. Joe …
Tag: Financial News
Citi has cut its S&P 500 target. That doesn’t mean you should avoid buying stocks.
Text size Citigroup’s latest target for the S&P 500 represents a double-digit gain. Mario Tama/Getty Images Buying the market now could pay off, even though …
The latest inflation data is (mildly) good news for the Fed
Fed Chairman Jerome Powell, who appeared before a House panel last week, may not need to raise interest rates as aggressively in the coming sessions, …
Intel needs to reduce its dividend. His future may depend on it.
Intel CEO Pat Gelsinger. Ting Shen / Bloomberg Text size Under Managing Director Pat Gelsinger, Intel has pledged to massively increase its capital expenditure investments …
US stock futures struggle to maintain earnings after GDP data
US stock futures rallied on Wednesday, leaving Wall Street likely on track for a third straight day of losses as investors worry that soaring inflation …
See how likely it is that your Social Security check will increase next year
Good news – somewhat. If you are retiring or about to retire, next year’s Social Security checks are likely to see one of the biggest …
3 big problems with the new pension reforms of the Congress
A new series of reforms to America’s pension tax and savings plans passed a major hurdle in Congress last week. Known as the SECURE Act …
The shares are bursting. There are indications that inflation and interest rates may peak earlier.
Text size A copper smelter in Jinhua, China. Copper prices, often a sign of where the economy is heading, fell 6% last week. Top Photo …
These “zombie” companies could feel the burning of cash, warns New Constructs
Carvana Co., Freshpet Inc. and Peloton Interactive Inc. could feel the cash burn as the Fed raises interest rates, according to independent stock research firm …
This mutual fund decreased by 3% compared to S&P’s 20% drop. Here are his top stock options
By now, even the most ardent fans of technology and growth stocks are realizing that the uptrend is over. John Kornitzer’s approach to selecting high …