Investing

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

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

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

The trajectory for inflation and Fed policy, the odds of a “hard, soft or no landing” for the U.S. economy and the implications of the Fitch Ratings downgrade of U.S. debt are among the considerations influencing market sentiment. Although near-term developments are of undeniable importance to the direction of markets in 2023, most investors have… Continue reading Five Questions (and Answers) for Long-Term Investors

Stocks caught a tailwind from an inflation reading that keeps the Federal Reserve on track to leave interest rates unchanged at the next Fed meeting.  August consumer prices rose 3.7% on an annual basis, we learned Wednesday, driven partly by a spike in gasoline prices. But core prices, which exclude volatile food and energy costs… Continue reading Stock Market Today: Markets Close Mixed on Inflation Data

The wine industry blends more than just grapes. It combines traditional heritage and progressive transformation, continuously evolving to keep up with the modern world. However, its reliance on nature makes it unpredictable in certain aspects. What does remain certain: Even when wine production goes down, quality standards and prices continue to rise. From a trend… Continue reading Investing in Fine Wine: Six Trends Affecting the Market

Stocks struggled for direction Tuesday as investors looked ahead to Wednesday’s critical inflation update and took in an onslaught of headlines from the tech sector.  Notably, mega-cap tech stock Apple (AAPL) continued its recent price struggles as the company unveiled its latest line of iPhones at an annual product event.  The bulk of today’s attention… Continue reading Stock Market Today: Stocks Close Lower Ahead of August CPI Report

The hottest initial public offering (IPO) in years has thus far lived up to its hype. With the Arm IPO oversubscribed by a factor of 10, the British chip designer’s order book closed a day earlier than expected Tuesday.  As the biggest upcoming IPO of 2023, Arm was bound to get more than its fair… Continue reading Arm IPO: Should You Buy ARM Stock?