Market Extra: BlackRock isn’t buying the dip as volatility climbs in sinking stock market
BlackRock isn’t wading into the sinking stock market to buy the dip, as the S&P 500 trades in bear-market territory Monday. What else Wall Street...
Futures Movers: Oil turns higher after China COVID worries send prices to lowest intraday levels in nearly a week
Oil futures give up early losses Monday to turn higher, with prices on track to mark their first gain in three sessions after a renewed...
Washington Watch: If Republicans win in midterm elections, watch for action on gas tax holiday, child tax credit and crime, expert says
If Republicans take back some control of Congress in November's midterm elections, what could a divided Washington deliver? An AEI expert offers a preview.
The Moneyist: ‘I missed the bus on Bitcoin, but now feel like my time has come. Is it time to go big or go home? I have another 25 years of a boring 9-to-5 job, and I just want out.’
‘I sit here day after day, doing the same old drudgery, and I want to have some hope that I may have an exit strategy.’
Market Snapshot: Dow falls 550 points, S&P 500 tests bear-market territory as recession fears rise
U.S. stocks fall to new 2022 lows as financial markets continue to reel from a surprise acceleration in inflation just days ahead of a Federal...
Market Extra: BlockFi to lay off 20% of employees, the latest crypto company scaling back headcount
Crypto lending platform BlockFi is slashing its head count by about 20%, as the fast-changing macroeconomic environment weighs on its growth rate.
The Human Cost: ‘The goal is never to seek the top’: The wild, hair-raising ride of a 30-something investor who battled against NFT hackers and dodged the crypto crash
‘My $25,000 ballooned to $63,000 super-fast. I was like, ‘OMG, this is amazing.’”
: Even wealthy buyers are feeling the heat: Luxury home sales plunge by nearly 18%, the biggest drop since the start of the pandemic
The decline in luxury sales was led by Nassau County in New York, followed by Oakland and Dallas, according to data from Redfin.
: What 8.6% inflation looks like for the average grocery shopper — bacon is over $7 a pound, cookies are up 49 cents
Food was one big driver of price increases in the closely-watched consumer price index