MARKET
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Stock market’s ‘fragile’ bounce at stake as Powell prepares Jackson Hole speech
The stock market’s reaction to the Fed chair’s speech at the Jackson Hole Economic Symposium has historically been muted, albeit…
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Cisco gets back on track — and it could spur the stock’s best day in 4 years
Cisco’s business “has bottomed and is trending in the right direction,” one analyst says. Source link
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Banking stocks for those who worry about a banking crisis
10 banks with low commercial real-estate exposure relative to their total equity Source link
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Warren probes student-loan transfer that tanked borrowers’ credit scores
The letter to student-loan servicers and credit-reporting agencies is the latest example of scrutiny from Warren and industry advocates. Source…
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‘It’s exhilarating and shameful’: I’ve saved hundreds of dollars eating $5.99 restaurant meals, but it comes at a high price — feeling cheap and nasty.
“It’s a bit like ‘Meals on Wheels’ for moochers, except you have to actually collect the food yourself.” Source link
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‘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?”…
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‘Single “cat ladies” like me are forced to make a devil’s bargain’: A job interviewer asked me if I had children. Is that legal? I would love to have kids — if I could afford it.
“We’re penalized for having children by our employers and by a government that does not give us paid family leave,…
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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.…
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Southwest Airlines to end hallmark open seating and offer extra legroom but remains cautious on the rest of 2024
Red-eye flights, a cabin transformation and an overhaul of the company’s frequent-flier program are also in the works. Source link
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Will the stock-market rotation out of Big Tech gain more steam? Here are the key levels to watch.
BofA Global Research strategists said a sustained stock-market rotation hinges on a 10-year Treasury yield below 4% and an ISM…
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