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MARKET
Pound and euro slump as dollar index surges to highest since mid 2002
The British pound and the euro fell sharply against the dollar on Friday, as jittery investors continued to flock to the perceived safety of the greenback…
S&P 500 sees its third leg down of more than 10%. Here’s what history shows about past bear…
Stocks fell sharply after the Federal Reserve announced Wednesday that it was raising its benchmark rate by three-quarters of a percentage point as it…
Why investors fear a full-percentage-point Fed rate hike would ‘unnerve’ Wall Street
With both U.S. stocks and bonds under pressure on Tuesday, some on Wall Street argue that investors are underestimating the possibility that the Fed might deliver a surprise…
This could be the missing link as to why September — yet again — is hitting stocks hard
September appears to be the worst month for Seasonal Affective Disorder, which may be the missing link for why the month is so bad for the stock market.…
Instacart plans for most of IPO shares to come from employees
Instacart Inc. doesn’t plan to raise much capital in its initial public offering and instead plans to have most of the listing come from the sale of…
These are the forces trying to ‘steal your joy’ in retirement
Many people pondering retirement focus primarily — sometimes exclusively — on the financial part, to avoid outliving their money. But in Joe Casey’s new book, “Win the…
Crypto poses threat to ‘financial stability’ of everyday Americans, feds warn
President Joe Biden’s administration expressed concern over recent developments in cryptocurrency markets and their impact on average Americans’ financial…
U.S. stock futures turn lower as key data awaits
U.S. stock futures turned lower ahead of the release of key economic data, as early gains after a tentative railway deal was reached faded away.What’s…
Even after the market meltdown, investors are still making two implausible assumptions about the…
Not for the first time, inflation numbers caught the market by surprise. The bad news was the S&P 500
SPX
saw the largest one-day…
This superbull at JPMorgan who called the summer rally sees a soft landing ahead. Here’s his…
A fifth-straight win could be on the cards for stocks Tuesday, but the market must first face down August CPI numbers. Economists see inflation slowing to 8% from 8.5%, though…