Investing
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Bond market’s most deeply inverted gauge is pointing to ‘large slowdown in economic growth’ and ‘deep recession’
The most deeply inverted part of the U.S. yield curve is one that hasn’t sent a false signal about the prospects of a U.S. recession in more than a half-century of research. That’s the spread between 10-year and 3-month Treasury yields, which was around 153 basis points below zero as of Thursday — reflecting a…
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HBAN Stock Price | Huntington Bancshares Inc. Stock Quote (U.S.: Nasdaq)
Huntington Bancshares, Inc. operates as a bank holding company. It provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, other financial products and services. The firm operates through the following segments: Consumer & Business Banking, Commercial Banking, Commercial…
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10-year Treasury yield drops for sixth straight session, longest stretch since March 2020, amid recession fears
Most Treasury yields fell on Wednesday, with the 10-year rate declining for a sixth straight session, after data showed the U.S. economy’s private sector added fewer-than-expected jobs in March and reinforced recession fears. What happened The yield on the 2-year Treasury TMUBMUSD02Y, 3.787% declined 7 basis points to 3.761% from 3.831% on Tuesday. Wednesday’s level…
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I’m 61 and earned $83,200 in investment income last year. Will that affect my Social Security benefit?
Dear MarketWatch, I really enjoy your articles. Thank you for your terrific work. My question is this: I know that if you take Social Security before your full retirement age, you’ll lose $1 in benefits for every $2 over the earnings threshold. But does that include investment income or just wages? I’m 61 and I…
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Nicola Sturgeon’s husband has been arrested in campaign-finance probe, reports say
Peter Murrell, the husband of former Scottish First Minister Nicola Sturgeon, has been arrested over campaign-finance allegations, BBC News and other media outlets reported. Police Scotland said in a statement that a 58-year-old man was arrested as a suspect in connection with the ongoing investigation into the funding and finances of the Scottish National Party.…
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Oil-production cuts threw ‘another log on the fire’ in Fed’s inflation fight, says BlackRock’s Rick Rieder
Soon after March’s sudden bank failures startled markets, April kicked off with surprise oil-production cuts that left investors worried about potential ripple effects on still high inflation. Rick Rieder, BlackRock’s chief investment officer of global fixed income and head of the firm’s global allocation investment team, said in a phone interview that when he saw…
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The commodity supercycle is still young, these strategists say. Here’s why.
Be careful what you wish for. U.S. job openings dropped below 10 million, a symbolic sign that the Federal Reserve’s efforts to combat inflation by sapping labor-market demand was working — and U.S. stocks promptly fell. Perhaps the bigger issue is that investors were not willing to push stocks out of the 3,800 to 4,200…
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Oil futures fall after 4 session gains in a row, but supply data is ‘far from recessionary’
Oil futures inched lower Wednesday, with prices easing back after posting gains in each of the past four trading sessions, buoyed by concerns over tighter supplies on the heels of an OPEC+ decision over the weekend to cut oil production. Weak U.S. economic data Wednesday fed concerns of an economic recession that would hurt energy…
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My father retired with up to $10 million, He said no to my request to pay for my kids’ education. What can I do?
My husband and I have three wonderful college-aged kids and have always gotten by on our own, despite major life struggles. We have saved $500,000 for retirement, but have only managed to pay off $200,000 of our home. Five years ago, my wealthy father offered to help with our children’s education, which was a pleasant…
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Google parent company reportedly targets staplers in cost-cutting drive
The company that once put ping-pong tables in its offices is now rationing staplers. According to CNBC, Google is no longer providing staplers and tape to its print stations worldwide. The report quotes a facility directive from San Francisco, which stated, “if you need a stapler or tape, the receptionist desk has them to borrow.”…