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Investing
Risky high-yield ‘junk’ bonds aren’t priced like junk — and that’s a problem
You should be worried that junk-bond investors aren’t worried. Consider the narrow spread that exists currently between the yields on junk bonds and U.S.…
Auto industry’s switch to EVs gets $12 billion in loans and grants from the US Energy Department
The US Department of Energy said Thursday it plans to fuel the auto industry’s transition to electric vehicles with $12 billion in loans and…
Nikola warns 2023 deliveries at risk over recall of more than 200 trucks
Nikola Corp. offered an update Monday on its recent voluntary recall of more than 200 of its electric vehicles after an investigation into their battery…
Messi’s next match is the most expensive Major League Soccer game ever
There’s no sign of “Messi mania” abating anytime soon.
Ticket prices for this Sunday’s match between Inter Miami and Los Angeles…
This bond fund has many advantages in the current market and pays high dividends
Even if you love your bond fund, you have had to be patient because bonds’ market values decline as interest rates rise. It isn’t fun to watch your share price go down. Then again,…
US mortgage rates drop after five weeks of climbing, but stay over 7%
US mortgage rates ticked down this week, ending a five-week stretch of increases. However, they remained above 7% amid lingering inflation.…
Dollar General’s stock tumbles after retailer misses earnings estimates and lowers guidance
Dollar General Corp.’s stock tumbled 17% Thursday, after the discount retailer posted weaker-than-expected second-quarter earnings and lowered its guidance.…
HHS recommendation to reschedule cannabis keeps pot stocks hot, but questions remain
The move by the Drug Enforcement Administration to review the Schedule I classification for cannabis sparked a wave of speculation and mostly positive comments from Wall Street on…
Taylor Swift’s ‘Eras Tour’ is coming to movie theaters for under $20 a ticket
Unable to get concert tickets to Taylor Swift’s “Eras Tour,” or perhaps put off by ticket packages running up to $900, before fees? Well, you’re in luck,…
Amazon’s stock heads toward longest monthly winning streak in 12 years
Amazon.com Inc.’s shares are on track to notch their sixth month in a row of gains, which would make for their longest monthly winning streak in over 12…