Short U.S. stocks as well as short-term bonds until Halloween, a Bank of America strategist advises. Michael Hartnett, chief investment strategist at Bank of America Securities, said he’s a tactical…
The old expression is when the tide goes out, you get to see who’s swimming naked. In financial markets, the tide is going out when central banks are raising interest…
Struggling home-goods retailer and meme-stock phenomenon Bed Bath & Beyond reported its fiscal second-quarter results on Thursday, with the company touting its turnaround plan. But analysts warn there are plenty…
Shares of Carnival Corp. sank to a post-pandemic low after the cruise operator reported yet another wider-than-expected loss and sales miss, even as capacity improved to 92%. The stock CCL,…
U.S. stocks traded modestly higher Friday morning as Treasury yields pulled back despite a hotter-than-expected August inflation reading on the final trading day of a difficult week, month, and quarter…
The Chicago Business Barometer, also known as the Chicago PMI, dropped sharply to 45.7 in September from 52.2 in the prior month. Economists polled by the Wall Street Journal forecast…
Over the past two years, short-term rental investing has become a financial lifeline for those that are trying to make extra income. A small one or two-bedroom basement, garage apartment,…
From medieval comedy to futuristic thrills, Amazon’s Prime Video has got it all in October, including a full slate of freaky Halloween movies. Chloë Grace Moretz (“Kick-Ass,” “Let Me In”)…
Oil futures declined Friday, pressured by worries surrounding the demand outlook, with aggressive monetary tightening by central banks raising the risk of a recession. Oil was also on track to…
The Biden administration on Friday rolled out new U.S. sanctions against Russia, with American officials describing them as “swift and severe costs we are imposing on Russia for its fraudulent…