Economy
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U.S. stocks end lower, Dow snaps 4-day win streak after Fed minutes stoke recession concerns
U.S. stock indexes finished lower in choppy trade on Wednesday after minutes from the Federal Reserve’s March policy meeting showed policymakers agreed that the stress in the banking sector would slow U.S. economic growth. Investors also assessed a March consumer price index report which shows inflation slowing, though still elevated. How stock indexes traded On…
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2- and 10-year Treasury yields rise for fourth straight session ahead of U.S. inflation report
U.S. yields finished mostly higher on Tuesday, with 2- and 10-year Treasury rates advancing for a fourth consecutive session, as traders awaited the March consumer-price index report on Wednesday. What happened What drove markets U.S. bond yields were initially softer on Tuesday after data from China showed consumer inflation falling.Rates turned higher as the New…
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How a decelerating U.S. economy could impact rest of world, putting spotlight on the dollar
Investors, traders and analysts are weighing the potential ramifications of a slowing U.S. economy on the rest of the world, with some concluding that a less dollar-friendly environment is in store.Of the two potential scenarios foreseen by strategists at TD Securities TD — one in which the U.S. pulls down other countries with it, the…
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Why BlackRock is upping its bet on bonds pegged to inflation
BlackRock has upped its overweight of inflation-linked bonds, a move the giant asset manager said it made in March to “quickly take advantage” of the market pricing in a lower cost of living despite persistent price pressures. Last month bond yields dropped after the sudden failure of Silicon Valley Bank and Signature Bank, as investors…
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Dow scores 4-day win streak, but S&P 500 ends flat ahead of inflation data, bank earnings
U.S. stock indexes closed mostly lower on Tuesday as investors cautiously looked ahead to March inflation data due Wednesday that could help determine the Federal Reserve’s next interest-rate move. Corporate earnings reporting season also is set to kick off in earnest on Friday. How stock indexes traded The S&P 500 SPX, -0.00% closed less than…
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S&P 500 ekes out slight gain in final moments of trading to kick off busy week of inflation data, earnings
U.S. stocks finished mostly higher on Monday, with the S&P 500 eking out a slight gain in the final moments of trading, as investors returned from a three-day weekend to the start of a busy week for data and the first-quarter earnings season. How stocks traded The Dow Jones Industrial Average DJIA, +0.46% finished up…
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Tupperware’s stock craters after food-storage company warns it may go bust
Tupperware Brands Corp.’s stock slid 45% Monday to the lowest level in three years, after the maker of food-storage goods issued a going-concern warning late Friday, saying it has hired financial advisers to help navigate its near-term challenges. The news is just the latest blow to the company TUP, +4.03%, whose products were once a…
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‘Cry me a river, right?’: I sold our rental for $325,000. I want to invest the money. My wife wants to pay off our mortgage. Who’s right?
I have a “first-world” problem with a twist, and I could use your advice. I recently sold my rental townhouse for $325,000. It was already paid off without any encumbrances on the property. After paying the title transfer and capital-gains taxes of 15%, I have $309,000 in cash. Question 2 (the juicier question): How do…
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When workers are an employer’s No. 1 priority, stockholders benefit too
The deep uncertainty that the COVID pandemic created in the workforce hasn’t waned. U.S. workers are struggling with inflation, burnout, and fresh waves of layoffs. This comes as people expect more from employers — more leadership, more urgency, more action, and better jobs. The public’s perspective is clear and consistent: companies need to prioritize their employees.…
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‘Gaslighters have two signature moves’: Are you being gaslighted at work? Here’s how to recognize the signs.
Are you less happy at work since you befriended that new recruit? Have they told you stories about how colleagues have constantly undermined them? Maybe you have a boss who excludes you from key meetings and then asks why you did not attend a meeting even though you are pretty sure you were not invited…