"Tariff increases were still expected to raise inflation this year and to provide some further upward pressure on inflation in 2026," according to the Fed's minutes. "Inflation was projected to ...
The SPDR Select Sector Utilities exchange-traded fund is now up by almost 20% for the year to date. Utility stocks' allure is comparable to that of gold, with the defensive sector serving as a safe ...
Communications-services companies ticked down amid ongoing trepidation about competitive shifts in the cellphone industry. The appointment of a new chief executive at Verizon likely foreshadows a ...
Japanese tech investment firm SoftBank Group struck a $5.4 billion deal for Swiss manufacturer ABB's industrial-robot unit, a bid to combine the potential of AI with robots.
Her first son, my uncle, and his wife were very upset about the will. He had lived with his mother after his divorce and even after he remarried. Neither he nor his wife had a regular income. While ...
A challenge for DIY retirees is sustaining their interest level in their finances. In your 60s, you may feel fine with quitting your adviser and managing your investments on your own. But your ...
Volatility drag is why the 60/40 portfolio could so frequently keep pace with the all-stock portfolio. Because the 60/40 portfolio in its worst years lost a lot less money than stocks did in their ...
The U.S. government shutdown has sidelined the release of economic data, impairing the Federal Reserve's judgment. A defensive rotation into Treasury bonds, gold, high-grade corporate bonds and solid ...
Shares of banks and other financial institutions ticked down amid fears about banks' exposure to bad credit. Wall Street bank Jefferies Financial warned affiliated funds are owed around $715 million ...
"Investors should expect two more cuts this year but a pause at the January 2026 meeting," said Jeffrey Roach, chief economist at brokerage LPL Financial, in a note to clients. Fed futures markets ...
Costco Wholesale Corp. on Wednesday said it notched an 8% year-over-year sales gain through last month, continuing its streak of sales gains and easing Wall Street's concerns about future growth.
Health-care companies rose as traders rotated back into a sector that had fallen out of favor. Shares of insurers such as Humana and UnitedHealth Group added to recent gains following weak performance ...