The Cheapest and Most Expensive U.S. Airports

If you’re traveling on a budget, start with the airports with the lowest average fares. If you’re traveling on a budget, start with the airports with the lowest average fares. The bargain-basement airfares of the past couple of years are over, and to find a cheaper flight, you’re going to have to work all the… Continue reading The Cheapest and Most Expensive U.S. Airports

A Wall Street legend’s 10 market rules are still relevant decades later as stocks buckle under soaring inflation and higher interest rates, Bank of America says

Stock market rules laid out by a Wall Street legend are ringing true decades later amid the ongoing sell-off. Bob Farrell of Merill Lynch wrote these investing rules in 1998 when tech stocks dominated the market. These are his 10 stock market rules to remember as investors grapple with rising inflation and higher interest rates.… Continue reading A Wall Street legend’s 10 market rules are still relevant decades later as stocks buckle under soaring inflation and higher interest rates, Bank of America says

Tesla could get an ESG boost from the SEC’s greenwashing crackdown but funds will still have plenty of wiggle room

The SEC is trying to rein in so-called greenwashing that mislead investors about a fund’s holdings. The regulator recently offered new proposals that would tighten rules on how funds are named and boost disclosure requirements.  But the proposals still leave companies with ample room to define ESG goals for themselves, a lawyer says. Loading Something… Continue reading Tesla could get an ESG boost from the SEC’s greenwashing crackdown but funds will still have plenty of wiggle room

The stock market’s plunge is ending, and investors should buy these 15 stocks that will outperform in the rally that follows, Evercore ISI says.

After falling almost 20% in the last few months, stocks have surged over the last week. Evercore strategist Julian Emanuel says there are some signs the rally will keep going. He says that if a bear market is avoided, hard-hit but highly profitable stocks will outperform. Nobody wants to be premature and say the stock… Continue reading The stock market’s plunge is ending, and investors should buy these 15 stocks that will outperform in the rally that follows, Evercore ISI says.

Snap’s profit warning shocked stock investors this week. Morgan Stanley lays down why more are coming that could drive markets 10% lower

Recent revenue misses from techs and retailers are worrying investors, Morgan Stanley’s Lisa Shalett said. Snap’s profit warning this week rattled stock markets, as its CEO spelled out the headwinds for companies. More earnings cuts are likely and could push already struggling markets a further 5-10% lower, the investment chief said. Loading Something is loading.… Continue reading Snap’s profit warning shocked stock investors this week. Morgan Stanley lays down why more are coming that could drive markets 10% lower

‘Big Short’ investor Michael Burry predicts a consumer recession — and warns companies face more woe

Michael Burry predicted a consumer recession and more pressure on company profits. People are saving less, borrowing more, and have spent what they saved during the pandemic, he said. “The Big Short” investor expects those trends to weigh on consumer spending and corporate results. Loading Something is loading. Americans are saving less, borrowing more, and… Continue reading ‘Big Short’ investor Michael Burry predicts a consumer recession — and warns companies face more woe