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The stock market will continue higher until these 2 things happen, Bank of America says

The stock market should continue to rise as investor positioning continues to be subdued, according to Bank of America.The bank highlighted that while...

Top economist Steve Hanke says stocks look expensive – and a recession is ‘right around the corner’

Stocks look "pretty pricey" and a recession is "right around the corner," Steve Hanke told Insider.The Johns Hopkins professor expects an economic slump...

China’s Market Rescue Is Failing as Xi Holds Back on Stimulus

(Bloomberg) -- China’s regulators face a losing battle convincing global funds to invest in the nation’s stocks unless market boosting efforts are accompanied...

US debt explosion may force the Fed to halt a key tightening campaign so the financial system doesn’t become unstable

The Treasury's deluge of T-bills could force the Federal Reserve to halt quantitative tightening.That's as the debt binge may pressure bank reserves, economists...

The housing market will be stuck in a rut for a long time even if the US avoids a recession, Fannie Mae says

The downturn in the US housing market isn't ending anytime soon, Fannie Mae warned.That's because mortgage rates are set to stay elevated if...

Top CD Rates Today: Seven CDs Join the 5.50% Club, Including a New 5.75% Option

Our list of benchmark leaders keeps growing: Investopedia's daily ranking of the best CD rates now includes seven more options paying at least...

Rite Aid prepares bankruptcy filing, store closures amid opioid lawsuits

Rite Aid (RAD) stock fell more than 50% Friday after The Wall Street Journal reported the retail pharmacy is preparing to file for...

Dow Jones Rallies After Digesting Powell’s Remarks; Tesla Rises On Multibillion Dollar Potential: Analyst Views

Major indexes reversed higher from losses after Federal Reserve Chair Jerome Powell's speech Friday morning. The Dow Jones Industrial Average rose 0.7% at...

Stock Rally Has a Ways to Go Before Americans Feel Rich Again

(Bloomberg) -- Stocks weathered the Jackson Hole confab to rebound this week. But for bulls looking to be made whole after last year’s...

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