What Biden Is Getting Wrong About Big Oil’s Profits
President Biden singled out ExxonMobil for reaping big profits as a result of high oil and gas prices.
Recent
JPMorgan Strategists Say Stocks Imply 85% Chance of US Recession
The S&P 500 now implies an 85% chance of a US recession amid fears of a policy error by the Federal Reserve.
Market Rout Evokes Memories of Trading Before Lehman Blowup
Quincy Krosby couldn’t wait for trading session to be over. It was one of those days with losses so gigantic that looking at stocks wasn't enough.
If You Thought the Tech Rout Was Bad, Spare a Dime for Retailers
The MSCI World Retailing Index is on track for its first negative year since 2008. The gauge was down about 29% in 2022.
Key Signal Shows It’s Time to Worry About Junk Bonds
The chasm -- now at the widest since May 2020 -- underscores anxiety among investors as fears of recession in Europe and the US mount.
SPAC Fire Sales Stick Investors With Deeply Discounted Buyouts
Investors who piled into SPACs at the height of the industry’s mania with dreams of triple-digit returns are facing a harsh reality.
SEC Weighs Sending Retail Stock Orders to Auctions for Execution
SEC is weighing changes to stock-market rules that could force trading firms to directly compete to execute trades from retail investors.
