A “prelude to a hard landing and credit events.” Bank of America warns that there’s a whole lot of trouble under Wall Street’s hood thanks to a year’s worth of rate hikes.
: GM’s stock slips 2% as auto maker announces buyouts leading to $1.5 billion in charges
General Motors Co. announced employee buyouts that are expected to lead to charges of $1.5 billion as it seeks to be ‘nimble in an increasingly competitive market.’
Futures Movers: Oil on track for biggest weekly loss since early February on fears of Fed rate rises
Oil prices fall Friday, on track for the biggest weekly losses since early February, after Fed Chair Jerome Powell drove home the point that interest rates will rise more than previously anticipated.
FA Center: This money coach gets pro athletes into top financial shape. Here are his 5 training tips for people who come into sudden wealth.
Most professional athletes face money problems soon after retirement, while lottery winners spend away most of their windfall.
FA Center: Beating the stock market over time is next to impossible, but you should still try.
Even a tiny belief that a skilled investor can outperform an index is enough to take a chance.
Need to Know: Big banks got hammered on Thursday — but Goldman says there’s opportunity lurking
The SVB debacle, which is hammering regionals on concerns about plunging bond prices, will not be contagious for larger peers, says the Wall Street institution.
The Margin: 6 ways to recover from daylight-saving time this week — especially if you’re feeling like crap at work on Monday
Research suggests that losing an hour of sleep by turning the clocks ahead for daylight-saving time can raise all kinds of physical and mental health risks.
Bond Report: 2-year Treasury yield heads for biggest two-day drop since 2008 on bank-contagion fears
Treasury yields fall across the board on Friday as contagion fears grow about the U.S. banking sector.
Market Extra: ‘Every day is a battle’: How option traders drive explosive stock-market swings
Stocks are poised to experience large swings in the days and weeks ahead as heavy trading in equity option contracts continues to make markets more choppy.
Help Me Retire: I’ll be 60, have $95,000 in cash and no debts — I think I can retire, but financial seminars ‘say otherwise’
Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com
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