The 10-year Treasury yield, a vital benchmark that influences a vast array of consumer borrowing costs, is on its way to hitting 4% for the first time in at least Read more
Tag: Markets
Consumer confidence jumps to five-month high thanks to falling gas prices
The numbers: Americans feel a lot better because of falling gas prices: A survey of U.S. consumer confidence jumped to a five-month high of 108 in September. Economists polled by Read more
Companies are trying to blame weak earnings on the strong U.S. dollar, but that’s a lame excuse
Many corporations would have you believe that the strong U.S. dollar is why earnings targets likely will be missed. Yeah, and the dog ate my homework. The reason I’m skeptical Read more
‘Financial markets are throwing in the towel’: Recession fears escalate as Fed slams brakes on the economy
The likelihood of sharply higher interest rates has tilted the odds toward another recession within a year, economists say. Yet some still hold out hope the U.S. can muddle through Read more
Hurricane Ian spurs Florida to activate price gouging hotline as Biden, DeSantis declare state of emergency
Florida is expanding its price gouging hotline as the Sunshine State braces for Hurricane Ian, which could strike as a Category 4 storm. The strengthening tropical storm was upgraded to Read more
Markets deliver verdict on new Italian government
Markets reacted calmly to confirmation that a far-right coalition led by Brothers of Italy had won the Italian election, with traders relieved that a low turnout and lack of a Read more
Russian stocks tumble to the weakest level since 2017 amid reports of possible new sanctions, global markets rout
Russian stocks sunk to levels not seen since 2017 on Monday, weighed by a global market selloff, threats of more sanctions and signs of continued unrest after last week’s partial Read more
Amazon to hold a second Prime Day in October to lure cost-conscious holiday shoppers
Amazon.com Inc. will hold a second global sales day in October to help consumers hunt for holiday bargains early, marking the first time the e-commerce giant has held two such Read more
These money and investing tips can help you surf the bear market’s killer waves
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS How to get Read more
EV startup Faraday says board subjected to death threats, misinformation campaign
Electric-car startup Faraday Future Intelligent Electric Inc. said Thursday its company leaders are facing death threats and a misinformation campaign as they try to raise money for the production of its first vehicle. Read more