Tetra Images | Tetra images | Getty Images A majority of U.S. households are taking the possibility of an economic recession seriously, new research suggests. Eighty-four percent of respondents in a recent survey said they are concerned about a recession happening before the end of the year, and 76% said they are making changes to
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The latest inflation report confirms that prices for just about everything continue to rise, with the Consumer Price Index (CPI) up 8.2 percent over the last year and many categories up even higher, including food (11.2 percent) and energy (19.8 percent). While not part of the CPI, another measure of inflation (call it the Taxpayer
In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment hit a new 52-week low Wednesday as the movie theater company contends with a massive debt load, dilution
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines expects to post another profit in the last quarter
The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation report, hinges on oil prices staying at current levels, supply chain problems continuing to ease and vehicle prices starting to roll over. Everything else, Zandi believes,
Three years ago, I paid off two home mortgages: our primary residence and a three-bedroom house that my wife and I rented out for $1,500 a month. I felt like I was on the right financial track. I was officially debt-free, and also ran a successful music blog and business coaching service — both brought
Traders work on the floor of the New York Stock Exchange (NYSE) on October 07, 2022 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) Cash, one of the most hated corners of the market for years, is getting some newfound love from money managers as the Federal
mphillips007 | iStock Unreleased | Getty Images There’s a whole lot of money up for grabs this week in two national lotteries. Powerball’s jackpot is an advertised $420 million for Wednesday night’s drawing. Mega Millions’ top prize is even more: $494 million for the next pull, set for Friday night. Of course, the chance of
Getty Images Younger, wealthy investors are looking beyond the stock market for higher returns. Some 75% of high-net-worth investors between the ages of 21 and 42, compared to 32% of investors over 43-years-old, don’t expect “above-average returns” solely from traditional stocks and bonds, according to a Bank of America Private Bank study released Tuesday. The
Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand after getting very little interest over the last decade. Total mortgage application volume dropped 2% last week compared with the previous week, according to the