by Yahoo.com | Oct 25, 2023 | alerts, Markets/Economy
Alphabet (GOOGL) and Microsoft (MSFT) stocks are headed in opposite directions after reporting quarterly earnings on Tuesday night. On the surface, Microsoft’s Intelligent Cloud surpassed Wall Street’s expectations while Alphabet’s cloud unit...
by Yahoo.com | Oct 25, 2023 | alerts, Markets/Economy
The US economy has avoided slipping into recession all year, but one closely watched indicator shows it’s on the brink. Usually, yields on longer-maturity bonds exceed those of shorter ones. An inverted yield curve happens when the reverse occurs. Some track the...
by Yahoo.com | Oct 2, 2023 | alerts, Markets/Economy
It’s been well documented that the ‘Magnificent Seven’ stocks have driven much of the S&P 500’s gains this year. They’ve also been leading the leg downward over the past month as the benchmark index just posted its worst monthly...
by Yahoo.com | Sep 13, 2023 | alerts, Markets/Economy
The growth in housing costs eased in August, but not enough to bring inflation down to where it needs to be. The shelter component in the latest Consumer Price Index (CPI) rose 0.3% in August from the previous month, the Bureau of Labor Statistics reported Wednesday,...
by Yahoo.com | Aug 12, 2023 | alerts, Markets/Economy
The number of workers looting their retirement savings is escalating. In the second quarter, the tally of folks taking hardship withdrawals from their 401(k) was up 12% compared to the first three months of the year and leapt 36% year over year, according to a...
