The Fed’s big hole en route to Jackson Hole: getting out of its own way
U.S. central bank needs to steer real interest rates down to the 2% range.
Author: Wine and Stocks
Worker productivity is up over the past year. Here are 2 reasons why.
Over the past four quarters, U.S. productivity has increased at a 2.7% pace, the federal government said.
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 mostly positive. This year may be different.
Palo Alto Networks earnings could hold early clues about the CrowdStrike fallout
Peloton and Target are among other notable companies that will post results in the week ahead.
‘A million bucks isn’t what it used to be’: What if the great wealth transfer we’ve been waiting for isn’t so great?
The expected inheritance of trillions of dollars could get eaten up by healthcare, taxes and longevity.
Social Security’s COLA seen as shrinking in 2025 to 2.6%
The average COLA over the last 20 years has been about 2.6%, according to the Senior Citizens League.
Applied Materials, boosted by AI, is well positioned heading into 2025, analysts say
Semiconductor-equipment maker Applied Materials Inc. is well positioned after reporting better-than-expected third-quarter results Thursday, analysts say.
How to time Social Security if your spouse earns more than you do
Also: Fascinating results from Walmart, what to sell when you have to withdraw from a retirement account and several investment ideas.
DraftKings stock continues run as company scraps ‘terrible idea’ of a gaming tax surcharge
DraftKings rival Flutter, which operates FanDuel, said it wouldn’t create a ‘surcharge for winners’
Dillard’s stock slides 8.5% after earnings miss as consumers continue to shun clothing purchases
By category, cosmetics was the strongest performer, while mean’s clothing, accessories and shoes were the weakest.
