Need to Know: Boomers are leaving the stock market. Here’s what comes next, says this strategist.
Our call of the day from TS Lombard chief economist Steven Blitz warns that the "golden era of Fed-controlled equity markets" is nearing an end.
: ‘Buyers of a median-price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’ The 30-year mortgage rate dips slightly to 5.1%
After rising at the fastest pace in 40 years, mortgage rates level off — but buyers should brace for persistently higher rates.
: Drivers, beware. In these states it’s legal for property owners to get ‘kickbacks’ when they ask tow companies to haul away cars, consumer group says
Property owners who call tow companies sometimes get financial kickbacks from those companies, says a new report from consumer advocacy group U.S. PIRG.
: ‘This decision is heartless’: Two Republican governors turned down federal rental aid, angering affordable-housing advocates. So what’s going on?
Though rent prices are soaring nationwide, pandemic rental assistance hasn't been without controversy.
: ‘Worker injuries and deaths are still far too common’: Americans are still dying from injuries on the job — but some workers are more impacted than others
In 2020, 4,764 workers died from injuries on the job, according to a new report from the AFL-CIO.
Dow Jones Newswires: China’s Politburo vows to meet economic targets with more policy support
China's top policy-making body, the Politburo, said in a meeting Friday that the government should roll out incremental policies aimed at supporting the economy.
Biden says he’s not considering cancellation of $50,000 in student debt per borrower
President Joe Biden on Thursday offered additional information on his administration's next steps with student loans, after Senate Majority Leader Chuck Schumer, the New York...
AGCO declares special dividend and raises regular dividend, to boost the implied yield to nearly triple the S&P 500
Shares of AGCO Corp. rose 0.3% in midday trading Thursday, after the the maker of agricultural machinery declared a "variable" special dividend of $4.50 a...
Oil ends higher after report Germany prepared to end Russian crude purchases
Oil futures finished higher Thursday after The Wall Street Journal reported that Germany had dropped its opposition to a European Union ban on purchases of...