Oil futures climb on Friday, but the gain did little to pare a large weekly decline in prices after concerns over tight supplies gave way to uncertainty over the demand outlook.
Key Words: ‘Don’t invest in the U.S.’ says GMO’s Jeremy Grantham, who sees a possible 50% stock pullback coming.
Bearish strategist Jeremy Grantham has some fresh advice for investors: Avoid the U.S. stock market, with one big exception.
Market Extra: The U.S. stock market is open Monday for Columbus Day and Indigenous Peoples Day
The U.S. stock market will be open on Monday Oct. 9 for Columbus Day and Indigenous Peoples Day, but the bond market won’t be, which is perhaps a bigger deal.
Bond Report: 30-year Treasury yield ends at another 16-year high after breaking through 5%
A fresh round of selling grips the Treasury market, sending the 30-year yield further into a 16-year high and resulting in its biggest weekly advance of 2023.
The Moneyist: ‘Buy a yacht,’ he told me. My fiancé, 67, is cutting his kids out of his will — and leaving everything to me. Should I be suspicious?
‘My anxious groom says if we marry this year he will save $20,000 in taxes. He says I can go on his medical plan next year instead of Medicare.’
Need to Know: Spiking long yields are a danger for markets: here’s what may happen next and 5 things investors should do
The Federal Reserve may soon start talking about cutting interest rates, while investors should look to reduce risk in their portfolios says Saxo Bank.
The Advicer: We’re in our 40s, making $300K and just moved to California. We’re looking to buy a $1.2M home, but also want to invest in our 401(k). Who can help us?
Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.
: Shell expects natural gas profits to bounce back
Energy giant Shell on Friday said it expects to see earnings from its natural gas business to rebound in the third quarter following a disappointing set of results in the second quarter.
Movers & Shakers: Shale driller’s shares soar on reports of possible Exxon takeover and other stocks on the move
Pioneer Natural Resources, Exxon Mobil, Levi Strauss & Co., Philips and Tesla are among the stocks that are active
Kelley Blue Book: Value, space, styling, safety: The 2024 Kia Telluride is tops in the 3-row midsize SUV class
The 2024 Kia Telluride is a favorite in the 3-row midsize SUV class because it excels in all the areas considered important by the majority of buyers.
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