A “de-dollarization” mania is gripping Washington and Wall Street.
Movers & Shakers: AT&T’s stock rebounds, HCA and P&G shares head higher after earnings, and more stock movers
Here are some of the biggest stock movers on Friday as U.S. stocks head slightly lower.
: Don’t worry too much about losing your bank cash. Bank-failure data don’t support panic over uninsured deposits.
Less than 7% of bank failures since the start of 2007 resulted in losses for uninsured depositors, federal data show
: Tesla raises Model S and Model X prices after margin pressure dents stock
After a series of cuts this year, Tesla Inc. has upped the prices on some of its vehicles.
Futures Movers: Oil on track for 6% weekly tumble on demand worries
Oil futures steady Friday, but remain on track for a losing week as worries about the economic outlook stoke demand worries.
: Pro-Russian hackers stage attack against Europe’s air-traffic control agency
The agency responsible for air-traffic safety in Europe, said it has been under attack since April 19, with a Russian hacking group suspected to be behind the incident.
Need to Know: A Fed pause looms. Be careful what you wish for, say these analysts.
Any swift monetary pivot would reflect sharply deteriorating economic and market environment.
Bond Report: One-month T-bill rate falls on debt-ceiling fears as longer dated U.S. yields end higher for second week
Treasury yields finish higher for the second straight week as traders weighed this week’s U.S. economic data.
Fix My Portfolio: I retired at 55 with $2 million in my 401(k), should I buy an annuity with the $200,000 in my taxable brokerage or use it to fund a Roth conversion?
A reader wants to know how to best arrange his assets so he’s got guaranteed income when he’s older.
: CEO of startup praised employee who sold dog to comply with back-to-work policy
The chief executive of a Utah-based digital marketing and technology company’s town hall meeting praised a worker who gave up his dog and offered workers bonuses to quit if they didn’t like his return-to-office policy.
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