Pete the Planner: Early commitment to saving is essential for retirement
An early commitment to saving is what got the job done here, and now you get to reap the rewards of that decision.
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KAR Global invests millions in Israel-based artificial intelligence company
The strategic investment creates a partnership between the two companies that is expected to bring KAR customers a new slate of automated vehicle inspection products.
Dow, S&P 500 shake off slow start, reach new highs
Another climb in bond yields helped pull money out of Big Tech companies, which have started to look expensive after months of soaring through the pandemic.
Mickey Kim: ‘Commission-free’ trades a toxic combo for young investors
Protect yourself by always being skeptical of financial advice, particularly the version posted online.
More records for stock indexes as stimulus bill becomes law
The S&P 500, the Dow Jones industrial average and the Russell 2000 measure of small-company stocks all closed at record levels on Thursday.
Wall Street finishes mixed as tech slump offsets other gains
Tech shares tumbled anew on Monday, sending the Nasdaq composite index down 11% from its all-time high, as investors fled high-valuation stocks for companies whose fortunes are closely tied to the economic cycle.
Late-day rebound propels stock market to big gains
Investors were encouraged by a government report that U.S. employers picked up the pace of hiring last month.
Pete the Planner: Don’t use stimulus to create habits you can’t sustain
I’m happy that our familiar manifestations of joy are on the horizon, but my crystal ball (my hairless head) tells me 2022 and 2023 could produce the largest consumer debt burdens of all time.
Here’s why rising interest rates are unsettling Wall Street
The speed at which the yield on the 10-year Treasury has climbed has forced investors to re-examine how they value stocks, bonds and every other investment. And the immediate verdict has been to sell them at lower prices.
Stock market turns lower as bond yields continue upward march
Stocks and bonds sold off on Thursday after Federal Reserve Chairman Jerome Powell underwhelmed markets by refraining from pushing back more forcefully against the recent spike in Treasury yields.
Jalene Hahn: Proceed with caution on variable life insurance
Variable universal-life policies could be appropriate if you are a super savvy investor with lots of extra cash flow and are or anticipate being in a higher tax bracket later in life.
Tech rout pulls Nasdaq down 3.5% in biggest loss since October
A steady march higher in Treasury yields has been drawing money out of the stock market and leading investors to question the massive run-up in Big Tech valuations.
Stock market bounces back from big early losses
The reversal came after after reassuring comments from Federal Reserve Chairman Jerome Powell on inflation and the outlook for growth spurred traders to buy the dip.
NY hedge fund’s meltdown could cost clients of Carmel investment firm millions
Indie Asset Partners customers are upset that the hedge fund, which was supposed to spread out funds to dozens of money managers, instead concentrated the money with a single manager whose performance tanked early last year.
Stocks pare gains while bonds extend losses
U.S. stocks turned mixed as benchmark Treasury yields climbed to the highest levels in a year, renewing concern that rising borrowing costs and price pressures could derail the economic recovery.
Pete the Planner: Trend-driven risks are not an investor’s friend
When people don’t take the time to develop an investment strategy—generally because they don’t want to see how far behind they are—they’re more likely to adopt an “anything goes” philosophy.
Stocks fall as investors fret over jobless claims, inflation
Bond yields continue to climb, as murmurs of inflation have started among investors and as the economy continues to climb out of the hole that was created by the pandemic.
Lawmakers facing off with GameStop saga’s key players
The episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both parties are among the skeptics.
Wall Street regulators signal tougher approach to industry after GameStop frenzy
Attorneys in the Justice Department’s criminal division are conducting a wide-ranging investigation into possible market manipulation from the trading surrounding GameStop, and recently issued a subpoena to Robinhood as part of that, a person familiar with the matter said.
Dow hits another record in up-and-down day of trading
Treasury yields fell after a government report showed that inflation remained tame last month. That’s encouraging for investors because it suggests the U.S. economy will be able to receive more stimulus without overheating.