Three news items that say a lot about the retirement crisis facing Americans and what we can do about it—if we want to. The first is a survey of 1,000 Read more
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‘Polluting the air we breathe’: Mechanic sentenced for selling thousands of devices that allowed trucks to bypass emissions controls
A North Carolina truck mechanic was sentenced to a year in prison for selling thousands of devices that allowed truck owners to bypass emissions-control systems and produce hundreds of times Read more
The 60-40 portfolio is supposed to protect investors from volatility: so why is it having such a bad year?
The first half of 2022 has been a historically bad stretch for markets, and the carnage hasn’t been limited to stocks. As stocks and bonds have sold off in tandem, Read more
Exxon says rising oil and gas prices will net it a Q2 windfall profit of at least $2.5 billion
Exxon Mobil Corp. said in a filing late Friday it expects a boost of at least $2.5 billion to its bottom line in the second quarter from rising prices for Read more
Big-name investors are back putting more ‘junk’ in their funds, despite the carnage in bonds
Wall Street investors specialized in buying risky forms of corporate debt to slice-and-dice into securities have added an estimated $2 billion in high-yield, or “junk bonds,” to their funds already Read more
Recession fears are slamming the stock market. This GDP tracker explains why.
Rising fears of a recession are getting the blame for the stock market’s renewed slide while also driving a retreat in Treasury yields. A look at a regional Fed bank’s Read more
What’s ahead for the stock market after that brutal first half of 2022 and believe it or not, gas prices have been edging down ahead of Fourth of July — here’s why
Hi, MarketWatchers. Don’t miss these top stories. ‘It could be the difference between an approval and denial’: Experian, Equifax and TransUnion remove fully-paid medical debt from credit reports on July Read more
Klarna to raise new funds at slashed $6.5 billion valuation
Klarna Bank AB is nearing a deal to raise new money at a valuation of around $6.5 billion, according to people familiar with the matter, a humbling comedown and a testament Read more
Opinion: Say good-bye to the Power 5; it’s now all Big 10 and SEC
Ever since the Supreme Court ruled against the NCAA in an antitrust case in 1984 and invalidated its national television contracts, college sports programs have been realigning among athletic conferences Read more
West Coast port labor talks enter new, high-stakes phase with contract expiring
Labor talks between West Coast dockworkers, cargo-handling companies and container shipping lines are entering a new, high-stakes phase with the expiration of the contract covering U.S. seaports from Washington state Read more