Treasury yields slipped Friday after data showed that PCE core inflation decelerated in August.
The Tell: An ‘iceberg’ awaits with only 10% of the junk-bond market feeling the pinch of higher rates, says BofA Global
Companies are able to take the Federal Reserve’s rate hikes in stride because only a small slice of their debt has reset higher, according to BofA Global.
Retirement Weekly: Want to live to 100? Here’s the No. 1 predictor of whether you’ll make it.
What’s the secret to longevity?
The Tell: Investors are pouring money back into global stocks following biggest outflow of the year
Bank of America’s Michael Hartnett said investors have started piling money back into stocks following the biggest outflow this year.
Retirement Weekly: News and analysis for those planning for or living in retirement
Retirement news and analysis
: Ukraine wants U.S. investment firms to invest and create jobs in amid war in the country
The country has lost about 3.5 million jobs since Russia’s invasion, according to UkraineInvest.
Living With Climate Change: Flash flooding leaves parts of New York City under water. Here’s how to protect yourself from dangerous flash floods anywhere.
Flash flooding is expected to increase as there are more extreme precipitation events brought on by climate change.
Market Extra: How a government shutdown could complicate Fed’s fight against inflation
The September consumer-price index could end up in a state of limbo if the U.S. government shuts down.
The Big Move: ‘It just seems wasteful’: I bought a 3,000-square-foot house at a 3% interest rate. It’s too big. Do I sell?
‘I’m a 29-year-old woman who purchased my home in a small town in Illinois two years ago.’
The Fed: Fed’s Williams says interest rates ‘at, or near peak.’ But they won’t be coming down soon
The chief of the New York Fed said a key U.S. interest rate is “at, or near, the peak level,” but borrowing costs will also have to remain high for “some time.”
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