Stock Market Today: UAW Strike Sends Stocks Lower

Stocks opened lower Friday and kept sliding into the close. Weighing on investor sentiment was the United Auto Workers (UAW) strike, which officially began today after contract negotiations between union leaders and the country’s three largest automakers stalled ahead of last night’s deadline.  Market participants also looked ahead to next week’s Fed meeting following a… Continue reading Stock Market Today: UAW Strike Sends Stocks Lower

The market’s heaviest hitters are sounding the alarm on US debt

Three market experts have cited concern that growing US debt will send interest rates up. Ray Dalio and Bill Gross both pointed out a supply-demand imbalance that will keep fueling borrowing costs. US debt supply will only grow, as a recession would expand the federal deficit, Jeffrey Gundlach added. Loading Something is loading. Thanks for… Continue reading The market’s heaviest hitters are sounding the alarm on US debt

The housing market is brutal. These 6 charts show just how bad things are for buyers.

Record-high monthly mortgage payments and low home inventory have made the housing market historically unaffordable. Home listings and homebuyer demand have also both tumbled since last year. Below are 6 charts illustrate how difficult the current housing market is for buyers. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading The housing market is brutal. These 6 charts show just how bad things are for buyers.

A top-12% portfolio manager over the last 5 years shares how he finds unloved stocks trading at massive discounts — and 6 of the top opportunities in markets right now

Leading portfolio manager Sam Peters has spent decades going against the consensus. Investing in discounted value stocks is both an art and a science, he explained. Here are six parts of the market where opportunities are waiting to be found. Value investing can be challenging, humbling, and even lonely, as fund manager Sam Peters has… Continue reading A top-12% portfolio manager over the last 5 years shares how he finds unloved stocks trading at massive discounts — and 6 of the top opportunities in markets right now

Warren Buffett poured $3 billion into Dow Chemical during the financial crisis. Here’s the story of how he helped the manufacturing titan – and doubled his money.

Warren Buffett invested a vital $3 billion in Dow Chemical at the height of the financial crisis. In return, Berkshire Hathaway received preferred stock paying a yearly dividend of 8.5%. Buffett’s company ultimately made an estimated $3 billion profit from stock sales and dividends. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Warren Buffett poured $3 billion into Dow Chemical during the financial crisis. Here’s the story of how he helped the manufacturing titan – and doubled his money.

US stocks drop as investors fret about potential slowdown in semiconductor companies

Matthew Fox (Photo by Michael Nagle/Xinhua via Getty Images) US stocks fell on Friday as investors fret about a potential slowdown in the semiconductor space.Reuters reported that Taiwan Semiconductor told its suppliers to delay some order shipments.Investors are also turning their attention to the Federal Reserve’s meeting next week. Loading Something is loading. Thanks for… Continue reading US stocks drop as investors fret about potential slowdown in semiconductor companies

Will the U.S. Dodge a Recession?: Kiplinger Economic Forecasts

To help you understand what is going on interest rates, inflation and job growth, and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You’ll get all the latest news… Continue reading Will the U.S. Dodge a Recession?: Kiplinger Economic Forecasts

Stock Market Today: Stocks Rise After PPI Report, Arm IPO

Stocks opened higher Thursday following the latest inflation data and built on those gains as the session wore on. Investor sentiment also got a lift from Arm Holdings’ (ARM) initial public offering (IPO), with the chipmaker sizzling on its first day of trading.   This morning’s producer price index (PPI), which measures what businesses are… Continue reading Stock Market Today: Stocks Rise After PPI Report, Arm IPO