3 Defense Stocks Set To Take Flight
Defense stocks are resilient during recessions while generating long-term dividend growth for shareholders.
Wall Street slumps to 2022 low as dismal week, month close
Wall Street is at its worst levels in almost two years Friday as the end nears for what's been a miserable month for markets around the world.
Boeing behind schedule in gaining approval for new Max jets
Federal officials say Boeing has completed little of the work necessary to certify new versions of its 737 Max jetliner by a year-end deadline, and the aircraft maker is lobbying Congress for more time.
Brainard warns US rates to stay high, notes global impact
WASHINGTON (AP) — Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will likely have to remain high for an extended period to combat inflation, by Fed officials.
Resilient US consumers spend slightly more in August
WASHINGTON (AP) — Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as for food, rent, and other essentials.
West rejects Putin's claim it sabotaged Baltic gas pipelines
COPENHAGEN, Denmark (AP) — Russian President Vladimir Putin on Friday accused the West of sabotaging Russia-built natural gas pipelines under the Baltic Sea to Germany, a charge vehemently denied by the United States and its allies. Nordic nations said this week and have led to huge methane leaks involved several hundred pounds of explosives.
In your debt: 3 steps to lower the cost of your debt
Does the thought of dealing with your debt make you want to go back to bed? More than 1 in 5 Americans (22%) are likely to put off creating a debt payoff plan, according to a from NerdWallet conducted online by The Harris Poll.
EU adopts levy on excess energy profits, no gas price cap
BRUSSELS (AP) — European Union energy ministers on Friday adopted a package of measures to , including a levy on windfall profits of fossil fuel companies, but an agreement on capping natural gas prices that is supported by a majority of countries remained off the table.
China’s Tencent Holdings Loses its Title as China’s Biggest Company
Tencent Holdings Ltd has lost the crown as China’s largest company as its market value has fallen below liquor-giant Kweichow Moutai. Shares of Tencent Holdings have plunged -64% since posting a record high in January 2021, wiping $623 billion off its market value. That is the biggest decline in the...
Stocks Modestly Higher on Lower T-note Yields
What you need to know… The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.67%. Stocks this morning are modestly higher. A fall...