Wall Street’s Biggest Bull Called This Year’s Stock Market Rally—Now Instead of a Recession, he Says ‘The Economy is Actually Slipping into an Expansion’
Not many on Wall Street were able to call the huge S&P 500 comeback this year after the index plummeted into its first bear market.
Traders Now Expect Fed Policy Rate to Peak in September Not July
Traders continue to tweak expectations for US interest rates. They've begun to anticipate Fed's policy rate peaking in Sept rather than July.
JPMorgan’s Michele Says It’s Time to Exit ‘Cash Trap’ and Move Into Bonds
It’s time to exit the “cash trap” of money market funds and move into bonds as the Federal Reserve is set to pause its rate-hike campaign.
Schwab Sees Second-Quarter Revenue Declining as Much as 11%
Charles Schwab Corp. expects its revenue to slide as much as 11% in the second quarter compared with a year earlier.
3 Ways Raising the Retirement Age Could Derail Your Financial Plan — and What To Do About It
Social Security program is set to run out of funds by 2033. One measure that could help keep the program afloat would be to raise the retirement age.