Stock Markets: Fewer jobs, higher stocks
A “Now Hiring” sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 2023. David Paul Morris | Bloomberg | Getty Images This report …
Federal Reserve System
With soft landing seen for U.S. economy, 3 financial risks to watch
A Miami supermarket in July 2023. Joe Raedle | Getty Images News | Getty Images The forecast for the post-pandemic U.S. economy once called for a recession. Now many experts …
Treasury yields are putting pressure on stocks
Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s …
Stocks are under pressure from Treasury yields
Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City. Angela Weiss | AFP | Getty Images This report is from today’s …
Rather than a recession, we could be in a ‘richcession’ instead
A ‘richcession’ may be underway “In most recessions, unemployment rises more for lower-income groups,” said Tomas Philipson, a professor of public policy studies at the University of Chicago and former …
Why Americans are struggling with car loans
There are more than 275 million cars on the road in the U.S. But in recent years, car ownership has gotten more expensive than ever — due to the Covid-19 …
Here’s how a soft landing for the economy could affect your portfolio
Morsa Images | E+ | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. “The fact that we may see a soft …
Money market funds are paying above 5%. What to know before buying
dowell | Moment | Getty Images After another interest rate hike from the Federal Reserve, investors have several competitive options for cash, including money market funds, with yields currently above …
JPMorgan CEO Jamie Dimon calls Fitch U.S. downgrade ‘ridiculous’
The Fitch Ratings downgrade of the United States’ long-term credit rating ultimately doesn’t matter, JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday. “It doesn’t really matter that much” because …
Here’s how to buy Treasury bills as yields top 5%
Morsa Images | E+ | Getty Images As interest rates reach a more than two-decade high, Treasury bill yields remain well above 5%, as of July 27, providing a competitive …