U.S. inflation rises again and stays well above Fed’s target. Rate hike might be in play.
The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at an elevated rate in July, potentially pushing the Federal Reserve…
The renter generation: Young Americans, shut out of homeownership, brace to rent forever
People once believed if they worked hard, they could become homeowners, but ‘we’re coming to terms with the fact that perhaps most won’t. And that’s the new…
Wall Street’s biggest optimist says ‘I wouldn’t jump into the AI trade right now’
Ed Yardeni, who has been called the most bullish person on Wall Street, says he hasn’t been bullish enough on the stock market. Source：MarketWatch
I’m 56 with $1.4 million and want to retire in 5 years. Do I move to California, New York or overseas?
“How do I prepare for market drops or crashes just before or after retirement?” Source：MarketWatch
There’s so much betting against long-term bonds that a turnaround could catch investors off guard, says Citadel Securities
Citadel Securities’ strategist Frank Flight says a bet that appears to be onesided against longterm bonds could be setting up for a painful unwind.…
Does a 2% beneficiary inherit 100% if the 98% beneficiary dies in a car accident? Asking for a friend.
“I’m curious what would happen if the account owner were to die suddenly at the same time as the 98% beneficiary.” Source：MarketWatch
Two-thirds of parents don’t have this vital document they need in case of emergency
Here’s why most parents balk at this legal task. Source：MarketWatch
Customers are fleeing TurboTax over price, and Intuit’s stock is sliding
Costconscious customers giving up on TurboTax sent Intuit shares sliding in early Wednesday trade. Source：MarketWatch
‘The relationship quickly deteriorated’: My friend’s lawyer settled his injury case without his consent. What can he do?
“His former lawyer is now holding the settlement funds, maintaining that he is entitled to attorney’s fees.” Source：MarketWatch
Japan got caught in the tech selloff. Now it’s time to buy the dip, says strategist.
A research firm says there are cyclical, fundamental and technical reason to buy Japanese stocks. Source：MarketWatch
SAP stock slumps as UBS downgrades stock on ‘slow’ move into AI
SAP stock slumped on Wednesday, making it the worstperforming largecap European stock, after a UBS analyst criticized the German database giant’s slow rollout…
Oil prices extend slide as Iran and Oman eye temporary Hormuz deal
West Texas Intermediate and Brent crude’s October contracts declined by almost 7% and 9% in five days, respectively. Source：MarketWatch