The stock market was unsettled by CPI report. Investors may fear Fed mistake.
August’s consumer-price index came in close to expectations and reinforced traders’ expectations for a regular-size, 25-basis-point rate cut from the...
MARKET
Ally Financial shares plunge as lender says consumers are struggling to pay back car loans
Ally Financial Corp.’s stock fell sharply on Tuesday after the consumer lender said delinquencies in its retail car-loan business were...
‘I have zero regrets’: I’m 84 and estranged from my two adult sons. My 48-year-old wife will get my seven-figure estate. Is that selfish?
“My will and trust will exclude everyone that carries my family name.” Source link...
Investors renew focus on inflation data as Fed weighs size of expected September rate cut
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will deliver...
Turning 44 or 60? Here’s why you might suddenly start feeling your age.
Aging spikes dramatically at two points in life, research says. Here’s what you can do about it. Source link...
‘Should we let them sink or swim?’: Our daughter and son-in-law spend money as fast as his parents give it to them. Do my husband and I intervene?
“She had two rounds of IVF before she had a successful pregnancy. It cost $90,000, which has wiped out most...
Utz Brands’ stock falls after snack maker is latest company to cut sales guidance due to cautious consumer
Consumption trends slowed in the current quarter as consumer value-seeking behavior led to discounting, says CEO. Source link...
A new recession warning is about to flash as investors await July unemployment report
The 2-year Treasury yield is on the doorstep of closing below its 10-year counterpart for the first time since 2022....
Ether trails bitcoin and solana in 2024. What that means for crypto portfolios.
Ether has significantly underperformed other major cryptocurrencies such as bitcoin and solana this year, as exchange-traded funds investing in the...
‘I have a dirty secret’: When I fly, I erase ‘basic economy’ on my ticket to skip the boarding line. My friend says it’s cheating. Who’s right?
“My friend says it’s cheating, as business passengers pay more money for early boarding.” Source link...