The biggest Fed rate hike in 40 years? It could be coming next week.

Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a key U.S. interest rate in more than 40 years. After another dismal U.S. inflation report, economists at the brokerage Nomura Securities on Tuesday became the … Read more

Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week

Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tyson Foods , BioNTech , AIG, and Take-Two Interactive Software will report. Coinbase Global, Norwegian Cruise Line Holdings , Sysco , and Ralph Lauren go on … Read more

Costco May Have a Huge Workers Problem

Costco  (COST) – Get Costco Wholesale Corporation Report has famously been a good place to work. It even paid its employees $15 an hour way before most places.  Glassdoor is a website where employees can rate their jobs by salaries, interviews, and benefits by providing photos and reviews. Costco has more than 13,000 ratings on the website, with 80% of … Read more

Kraft Heinz’s Earnings Beat Forecasts. Why the Stock Is Falling Anyway.

Text size Kraft Heinz posted second-quarter adjusted earnings that beat Wall Street expectations. Alex Wong/Getty Images Kraft Heinz posted higher earnings than analysts expected and raised its full-year forecast for organic net sales, but the stock slid anyway as profit margins narrowed. Kraft (ticker: KHC) reported adjusted earnings for its second quarter of 70 cents … Read more

Coca-Cola Beats Earnings Estimates and Lifts Revenue Guidance

Text size Consumer staples like Coke have held up better than the broader market this year. Scott Olson/Getty Images While the rest of the market has fizzled, Coke has had a great year. The company’s second-quarter earnings topped expectations, while its guidance raise bolstered investor confidence that the beverage giant could be well-poised to navigate … Read more

‘I’m being taken advantage of by my own husband’: I pay all the bills and gave the down payment for our home, and all he does is buy stuff and contribute to his 401(k)

I’m being taken advantage of by my own husband. I have been married for almost 10 years. When my husband and I were first married, he convinced me to stop working after the first year or so, which I regret. A couple of years ago my mom died, leaving me a very small inheritance of … Read more

GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks for Investors to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and Salesforce . com will report on Tuesday, followed by Chewy, GameStop , and Hewlett Packard Enterprise on Wednesday. CrowdStrike Holdings , Hormel Foods , Lululemon Athletica , … Read more

Stock Futures Rise After S&P 500 Narrowly Avoids Closing in Bear Market

Text size Commuters exit from the Wall Street subway station in New York. Amir Hamja/Bloomberg Stock futures were signaling a higher start for Wall Street on Monday after the S&P 500 rallied on Friday to avoid closing in a bear market. Contracts linked to the Dow Jones Industrial Average gained 144 points, or 0.4%, S&P … Read more

Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.

“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,” sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argument prevailed — again — after Wall Street’s worst day in two years, and futures hinting of more pain for Thursday. Among the gloomsters, Guggenheim’s Scott … Read more

Oil prices are surging — these eight stocks are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more