Banking/Credit
- Stock Market
Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress test
The Federal Reserve Board on Thursday projected the potential for a rockier road ahead for banks than it did a…
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These dividend stocks yield at least 5% and have plenty of room to raise payouts
This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%.…
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ECB in interest-rate purgatory as central bank wraps up bond-buying program
The European Central Bank finds itself where the Federal Reserve was toward the end of last year — ready to…
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Bipartisan crypto bill would have CFTC oversee bitcoin, ether and most other digital assets
A long awaited bipartisan framework for U.S. federal oversight of cryptocurrencies was unveiled Tuesday, and if passed by Congress, would…
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Social Security can pay full benefits until 2035 before trust funds are depleted – one year later than expected – but time is still running out
Social Security will live to see another year before its trust funds cumulatively run out of money, and Medicare Part…
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A ‘summer of pain’? The Nasdaq Composite could plunge 75% from peak, S&P 500 skid 45% from its top, warns Guggenheim’s Scott Minerd.
The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on…
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WHO head censored in China after criticizing zero-COVID policy, and U.S. cases are now up 52% from two weeks ago
The head of the World Health Organization is being censored on China’s internet after criticizing its zero-COVID policy for being…
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U.S. employment costs accelerate in first quarter, adding to inflation worries
The numbers: The U.S. employment cost index rose 1.4% in the first quarter, up from a 1% gain in the…
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Dow drops more than 700 points as S&P 500, Nasdaq head for worst month since March 2020
U.S. stocks were trading sharply lower Friday afternoon, as investors weighed fresh inflation data while technology-related stocks suffered after disappointing…
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‘So bad, it’s good.’ This beleaguered stock market has one big asset on its side, say strategists.
A rough month for stocks is drawing to a close, and many investors likely won’t be sad to see the…
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