New research from Age Wave and Edward Jones on how to dodge, or deal with, retirement cannonballs and curveballs
: AMC CEO eyes Hycroft gold mining boost: ‘He who laughs last, laughs best’
AMC stunned Wall Street last year when it made a $27.9 million investment in Hycroft Mining.
Need to Know: The Nasdaq is on the verge of exhaustion, says famed technical strategist Tom DeMark
Stocks have climbed a mountain of worries this year, ranging from lingering inflation to bank collapses, to the possibility the U.S. Congress might just decide not to pay its bills. But has the run, also fueled by excitement over artificial intelligence, gone too far?
: ‘So you’re telling me there’s a chance?’ This recession indicator now puts the likelihood of a U.S. economic reversal at 99.3%.
Many economists as well as market implied gauges are saying the U.S. economy is likely to enter a recession. But one gauge is almost as high as it possibly can be.
Economic Report: U.S. housing starts rise 2.2% in April
Construction on new U.S. homes rose 2.2% in April, the Commerce Department said Wednesday.
Earnings Results: Target stock swings to a gain after earnings beat was offset by a downbeat near-term outlook
Target’s stock swung to a gain Wednesday, after the retailer reported Q1 results that beat expectations but provided a downbeat near-term outlook.
: Plug Power CEO’s 2022 pay falls below $1 million from above $52 million the year before
Plug Power CEO Andrew Marsh’s total 2022 compensation plunged as the stock fell the most in 10 years.
Bond Report: 2- and 10-year Treasury yields end at almost one-month highs after Biden’s optimism on debt-ceiling deal
The 2-year Treasury yield rises for a fifth straight session on Wednesday after President Joe Biden expresses confidence about a U.S. debt-ceiling deal.
Banking: Western Alliance Bancorp deposit growth sparks rally in bank stocks
Down-beaten bank stocks are having a positive day so far as Western Alliance’s deposit growth triggers gains across the sector.
: Sharpie parent Newell Brands’ stock falls to 14-year low after dividend slashed by 70%
Sharpie parent Newell Brands’ stock fell to a 14-year low Tuesday after the company cut its dividend as it “deliberately” reset its spending priorities.
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