Experts Say We Should All Be Storing Our Poo in a Bank, And Here’s Why

Experts Say We Should All Be Storing Our Poo in a Bank, And Here's Why

Fecal transplants continue to make headlines in recent years, showing promise in everything from COVID-19 treatments to anti-aging experiments in animals, but we’re still only scratching the surface, scientists say. In human patients, the technique – in which fecal microbiota are transferred from a healthy individual to another person – is usually used to treat … Read more

Recession is challenging inflation as top fear among stock and bond investors

Recession is challenging inflation as top fear among stock and bond investors

It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation. While inflation running at a 40-year high still sits near the top of the list of worries for many investors, another potential bugaboo … Read more

Crypto crash: forced selling cools down; correlation with equities back in focus

Crypto crash: forced selling cools down;  correlation with equities back in focus

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email … Read more

Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress test

Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress test

The Federal Reserve Board on Thursday projected the potential for a rockier road ahead for banks than it did a year ago, but said the 33 financial institutions it reviewed passed its annual stress test of capital reserves. The Fed estimated $612 billion in potential losses for banks in its most severe economic scenario, and … Read more

The S&P 500 could slide another 33% in a ’70s-style inflation environment: Societe Generale

The S&P 500 could slide another 33% in a '70s-style inflation environment: Societe Generale

The bear market in stocks probably isn’t over — and could have much longer to run if the economy falls into a 1970s-style stagflation scenario, a Wall Street equities strategist warned this week. The S&P 500 officially entered a bear market last week, falling more than 20% from its Jan. 3 record finishes. The US … Read more

I’m the COO of a mortgage company that’s funded more than $100 billion in loans. Here are the 3 things you need to know about the housing market now

I'm the COO of a mortgage company that's funded more than $100 billion in loans.  Here are the 3 things you need to know about the housing market now

Steve Reich Mortgage rates climbed above 6% last week, according to Bankrate data, with some pros saying they may go higher. (You can see the lowest mortgage rates you may qualify for here.) On top of that, home prices have risen more than 20% year-over-year, causing affordability challenges for many aspiring homebuyers. And it’s likely … Read more

More Companies Start to Rescind Job Offers

More Companies Start to Rescind Job Offers

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc. real-estate brokerage Redfin Corp. and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the … Read more

Stocks Open Higher After S&P 500’s Worst Week in Two Years

Stocks Open Higher After S&P 500's Worst Week in Two Years

US stock futures climbed, offering investors a repossession from a recent stretch of whipsaw trading that had sent stocks and cryptocurrencies falling. Futures for the S&P 500 gained 1.6% on Tuesday, while those for the Dow Jones Industrial Average added 1.4%. Contracts for the Nasdaq-100 jumped 1.6%. The US stock market was closed Monday for … Read more

5 signs the housing market is starting to slow down

5 signs the housing market is starting to slow down

There is a shift happening in the housing market. After more than a year of soaring demand, exploding home prices and increasing real estate sales, the market finally seems to be cooling off. “The housing market isn’t crashing, but it is experiencing a hangover as it comes down from an unsustainable high,” said Taylor Marr, … Read more

$900 fill-up: High gas prices hit RV drivers more than most

$900 fill-up: High gas prices hit RV drivers more than most

Washington, D.C. CNN Business — Gas prices may be skyrocketing, but Americans still love their RVs despite the fact that they often get 10 mpg — or less. RV popularity boomed during the pandemic as travelers looked for safe ways to travel while maintaining social distance. Americans continue to turn to RVs even as they’ve … Read more