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

Will Las Vegas Strip Casinos Ban a Popular Bad Habit?

Will Las Vegas Strip Casinos Ban a Popular Bad Habit?

Las Vegas caters to every sin. You can experience “pride” when you pull off some sort of improbable gambling beat, “greed” when you see your winnings pile up, “lust” during all sorts of R-rated performances, “gluttony” as you partake of the city’s many fine culinary offerings (and its endless buffets), “wrath” when your losing or … Read more

Musk Cites Tesla Bankruptcy Fears, Wants You to Know Something Big

Musk Cites Tesla Bankruptcy Fears, Wants You to Know Something Big

Elon Musk wants to share some good news. The Tesla (TSLA) – Get Tesla Inc. Report CEO has been facing some challenges lately, including layoffs, lawsuits as a result of the layoffs and, according to the world’s richest man himself, concerns about bankruptcy. Musk said the electric vehicle maker faces billions of dollars in losses … Read more

EV Sales are Surging, so Why Are Automakers Planning Layoffs?

EV Sales are Surging, so Why Are Automakers Planning Layoffs?

While electric vehicles are enjoying an unprecedented surge in popularity, ongoing supply chain problems, and growing recession fears are beginning to hit the automotive industry. EV sales rose 65% in Europe last year and doubled in the United States. But automakers are facing higher material and labor costs along with supply chain woes. The popularity … Read more

This star hedge-fund manager says some major tech names are now value plays, as he shorts one meme-stock favorite

This star hedge-fund manager says some major tech names are now value plays, as he shorts one meme-stock favorite

Stocks are on the rebound again, at least that’s the vibe from futures. That’s a day after Federal Reserve Chair Jerome Powell confirmed to lawmakers, what markets already knew — that a soft economic landing might be tricky while taming the inflation beast. Along with average investors, hedge funds have had a rough start to … 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

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Elon Musk joins the growing chorus fearing a US recession.  But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more

JetBlue Lifts Offer for Spirit Airlines, Commits to Selling Assets

JetBlue Lifts Offer for Spirit Airlines, Commits to Selling Assets

JetBlue Airways Corp. JBLU 5.30% is continuing its quest to buy Spirit Airlines Inc., SAVE 2.11% increasing its offer and strengthening its commitment to divest itself of assets to get regulatory approval for the deal. JetBlue JBLU 5.30% on Monday increased its offer to $33.50 in cash per Spirit share. Previously, it had offered $31.50 … Read more

Burger King’s Menu Has Answers for the French Fry Shortage

Burger King's Menu Has Answers for the French Fry Shortage

A burger and fries simply go together. They’re the Ernie and Bert of fast-food pairings; it’s nearly impossible to think of any other food accompanying a hamburger. Perhaps that’s why McDonald’s (MCD) – Get McDonald’s Corporation Report has never struggled to keep in stock the apple slices it offers as a substitute for fries in … Read more

Stocks Historically Don’t Bottom Out Until the Fed Eases

Stocks Historically Don't Bottom Out Until the Fed Eases

Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routes. It turns out the Fed has often had a hand in market turnsarounds, too. Going back to 1950, the S&P 500 has sold off at least 15% on 17 … Read more