Bond investors are coping with recession anxiety, extreme volatility
It took only about a week for riskier U.S. corporate bonds with ‘junk’ credit ratings to erase all of their gains this year. Source link
Schwab, Fidelity, E-Trade suffer outages during Monday’s stock-market selloff
The Dow Jones Industrial Average, S&P 500 and Nasdaq were all down over 2% as of late morning, and many traders said they couldn’t login
‘She makes seriously irresponsible choices’: We secretly transfer 20% of our 17-year-old daughter’s paycheck to a Roth IRA. Is this illegal?
“She spends all her money whenever she gets paid.” Source link
‘I am an only child’: My father left his $50 million estate to my stepmother in an irrevocable trust. I inherited $1 million. Is this reasonable?
“Is it common for entire estates to be left to the second spouse instead of being divided among the children?” Source link
An ugly July jobs report revives talk of recession and bigger Fed rate cuts
Wall Street is betting the Federal Reserve will slash a key interest rate by a half point in September after an ugly U.S. jobs report
Trump’s wish for tax-free Social Security is so reckless it’s almost funny
True, the Republican former president never drained the swamp. Maybe he’ll have a chance to drain the Treasury. Source link
SunPower and other solar names lifted by First Solar’s better-than-expected results
Shares of SunPower climbed 9.2% Wednesday, with the maker of solar-energy technology buoyed by strong second-quarter results from solar-panel maker First Solar. Source link
A surprise Fed rate cut might be good for consumers — but not for the stock market
Investors are clamoring for affirmation the Fed will begin cutting rates in September. But a surprise easing on Wednesday likely wouldn’t go over well. Source
Guardant Health’s stock up after FDA approves its blood test for colon-cancer screening
It’s the first such blood test to receive regulatory approval in the U.S. and the first that meets the requirements for Medicare coverage. Source link
Fed’s next moves could seal the fate of tech stocks and small-caps
July’s FOMC meeting is on deck and could influence whether investors keep selling large growth stocks to buy small-cap stocks. Source link