Most economists think the Federal Reserve’s final interest-rate hike will be this week. But they also don’t expect Fed Chairman Jerome Powell to say that.
Bond Report: U.S. yields slightly lower ahead of next week’s Federal Reserve policy update
Treasury yields are steady to slightly lower after U.K. retail sales data underscores the notion that consumers continue to hold up as inflation eases.
Movers & Shakers: CSX shares come off the rails while Peloton goes up a gear, and other early Friday movers
Sirius XM gives back some of the previous day’s 42% gains
Market Snapshot: Dow books 10th straight winning session as tech stocks fall on disappointing earnings
U.S. stock indexes ended mixed on Friday in choppy trade, though the Dow Jones Industrial Average extended a winning streak to 10 days, while investors dealt with the monthly expiration of trillions of dollars of stock options and prepared for a major rebalancing of the Nasdaq-100 index on Monday ahead of the Federal Reserve’s July policy meeting next week.
The Ratings Game: As Ozempic/Wegovy frenzy continues, Morgan Stanley lifts forecasts for weight-loss drugs to $77 billion
Morgan Stanley on Friday lifted its forecast for weight-loss drugs to $77 billion, as patient demand for the medicines has outstripped supply and been fueled by a social-media frenzy.
NerdWallet: Don’t raid your retirement accounts—but here’s when you can do it safely, if you have to
You’re better off leaving retirement funds alone, but if you do need to dip in, there are a few penalty exceptions.
Kelley Blue Book: The pros and cons of leasing vs. buying an electric car
If you’ve made up your mind to get an EV, should you lease or buy in today’s changing automotive and EV climate?
Next Avenue: Where can you breathe easy in retirement? How to find a community with clean air.
Thinking about relocating in retirement? Consider the local air quality in your new home town.
: Biden tasks group to explore ways to prevent future debt-limit standoffs
Less than two months after avoiding a government default, President Joe Biden has tasked a working group to “explore all legal and policy options” to avoid a future debt-limit crisis.
Dow Jones Newswires: U.K. consumer confidence slides backward in July as tough economy takes its toll
Confidence among U.K. consumers fell back sharply in July after months of improvement as inflation and high interest rates began to put a squeeze on spending, according to a survey published Friday.
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