Stocks tumble - Idaho Say Journal
NEW YORK (AP) - Wall Street tumbled Wednesday as oil prices rebounded, fanning concerns that inflation will further pinch consumers and lead central banks to raise interest rates. The Dow Jones industrial average fell more than 200 points to its
Stocks open up as inflation fears ease - Reuters
NEW YORK (Reuters) - Stocks opened higher on Friday after a government report showed that underlying price pressures were muted in May, easing fears that the Federal Reserve may have to raise interest rates. The Dow Jones industrial average .DJI was
Racial divide in savings - Chicago Tribune
If middle- and upper-income African-Americans continue to save and invest the way they tend to do, they stand to struggle financially through retirement in greater proportions than whites at similar income levels. On average, black Americans are
Offsetting gas costs - Baltimore Sun
If $4-or-more-a-gallon gas is what we face this summer, then it’s time to find a way to handle it. Here’s one way to ease the pain: Invest in something that benefits from high gasoline prices. What are the best plays on pricey oil? “I don’t think
Staying afloat in a choppy stock market - Boston Globe
Boston law firm Choate Hall & Stewart’s wealth management group oversees $2.5 billion for wealthy families. Todd Millay, who was recently named managing director of the group, spoke with Globe reporter Beth Healy about the state of the stock market
Stocks tipped to continue rally - The Australian
THE Australian share market is expected to continue its rally tomorrow after buyers returned to Wall Street at the end of last week. In another pointer to the local bourse’s opening, the June share price index futures contract improved just over one
Taxes are not foreign to overseas stocks - Orlando Sentinel
Retirement savers have been plowing money into foreign stocks, but experts say many are failing to take into account taxes and how the investments fit in an overall plan. Foreign stock mutual funds accounted for $722 billion in workplace retirement accounts
Stocks rise as data point to stable rates - USA Today
NEW YORK — Stocks rose modestly early Friday after a pair of economic reports pointed to the Federal Reserve keeping interest rates stable when it meets later this month. The Labor Department’s report on May core inflation, which measures price
Long-short funds flopped during slump - Chicago Tribune
Maybe plain-vanilla stock and bond mutual funds will do the job after all. Long-short funds — the newfangled mutual funds designed to give common investors a hedge fund experience and protection during downturns — recently went through one of their
Bank stocks slide: Major players are no exception - Montgomery Advertiser
Publicly traded banks insist low stock prices don’t mean trouble, but at least one expert says customers are prone to feel the pinch one way or another. Bank stocks have largely been in a slump the past year, and major players in the Montgomery
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