One analyst who tracks the ebbs and flows of earnings data says at least a slight profit gain for the third quarter is more likely.
Beth Pinsker: Workers get a boost too from Social Security’s COLA — and even more so from this other increase
The maximum earnings subject to Social Security tax will rise to $168,600 in 2024, which will help determine a worker’s benefits down the road.
Brett Arends’s ROI: Inflation is already racing past next year’s Social Security COLA
The latest inflation figures from the United States government are worrying news.
Market Extra: Why Treasurys could give the U.S. stock market a green light for a year-end rally
What it takes for Treasury yields to fall, and whether the retreat in yields could eventually push U.S. stocks higher to rally into the year-end.
Market Extra: Subprime car-loan rates are hitting 17%-22%. Should investors be worried?
Many borrowers with subprime credit are paying rates of about 17% to 22% this year on auto loans. Even higher rates or a recession could spark blowback.
Weekend Sip: Review: This pricey tequila has roots in Ukraine
Normally, when we talk about tequila, we talk about Mexico, where the agave-based spirit hails from. But Laneta is a tequila that also has roots in a very unexpected place — namely, Ukraine.
TaxWatch: Americans owe $688 billion in unpaid taxes. That makes audits of super-rich more ‘urgent,’ IRS says.
The IRS is ramping up audits and enforcement against rich households and corporations after a funding boost.
: Want a 3% interest rate? ‘Assumable mortgages,’ a relic of the 1980s, are here to combat high rates.
These mortgages have been described in glowing terms by realtors as a ‘rare find,’ a ‘game-changer,’ and a ‘white whale.’
Deep Dive: Three reasons investors have fallen in love with home builders’ stocks
Shares of U.S. home builders have soared in 2023, but the stocks still trade well below historical price-to-earnings valuations.
Lawrence G. McMillan: Why you can (mostly) trust the stock market’s current ‘buy’ signals
Green shoots appearing that could lay the groundwork for a rally.
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