If Biden gives China leverage to broker peace for Ukraine, he can then defuse the cold war over Taiwan.
Need to Know: Here’s the big thing holding up the stock market, says Bank of America
Investors want to see the economy land softly softly, and that is the main thing that will keep assets resilient, say BofA managers.
Earnings Results: Home Depot stock drops as bad weather and lumber deflation hurt sales and profit outlook
Home Depot’s stock dropped Tuesday, after first-quarter sales missed expectations and its full-year outlook was cut, amid lumber deflation and bad weather.
Movers & Shakers: Capital One stock rallies and Home Depot shares dip, and other companies on the move
Capital One Financial Corp.’s shares rose 6% after Warren Buffett’s Berkshire Hathaway Inc. took a near $1 billion bet on the credit card and banking group
The Ratings Game: Why this SoFi bull says skeptics are misunderstanding the stock
SoFi shares have slid 23% since the company posted earnings at the start of the month, and one bull thinks they’ve taken an unfair beating.
Retire Better: If you start early and save this much a month you could have a decent retirement
Lack of retirement savings is everybody’s problem
Bond Report: Treasury yields advance on higher-for-longer narrative on interest rates
Treasury yields rise Tuesday morning as rebounding U.S. retail sales for April leaves the higher-for-longer theme on interest rates in tact.
Washington Watch: Biden wants more rural utilities to tap renewable energy, carbon capture
Biden’s USDA rolls out $11 billion in grants and loans to help rural energy and utility providers bring cleaner energy online, speed up carbon capture.
NerdWallet: Where to get help if you’re struggling financially, and how to prepare for harder times
Many Americans are sinking under higher prices for gas, groceries and housing. If you’re living paycheck to paycheck, brace for it— things might get worse.
Autotrader: Now is the time to lease, not buy, an EV
Recent changes to federal tax credits for EVs have created a situation where leasing might be the better choice.
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