Rising yields aren’t scaring off investors. Why money is still pouring into bond funds.
The U.S. bond market has been under pressure amid a rise in Treasury yields, but money is still flowing into bond funds. Source:MarketWatch
Here’s another way rising bond yields could take a bite out of Americans’ wallets
Rising yields are a threat to the “Magnificent Seven.” Here’s why that could hurt U.S. consumers. Source:MarketWatch
I offered to buy my friend a birthday drink. She ordered $180 worth of food and expects me to pay. Should I Venmo her for half?
“My offer was cocktails.” Source:MarketWatch
Here’s how much Americans rely on Social Security — at all income levels
Social Security is really important for older Americans. It needs to be tweaked, not restructured. Source:MarketWatch
Medicare Advantage patients who get diagnosed with Alzheimer’s or other serious diseases are ditching their plans — and it can cost them
The annual Medicare openenrollment period runs from Oct. 15 to Dec. 7. Source:MarketWatch
Fed’s Williams ‘is opening options’ to interest-rate hikes. Why that could be ‘a bad trade.’
Fed watchers say the upcoming jobs report and inflation data are key after seeing signs that Fed Chairman Kevin Warsh would be willing to see interest rates…
Raising Social Security’s full retirement age is political dynamite because it could make this group of people poorer
Changes to the full retirement age would have to be quick and steep to make a dent in the program’s shortfall. Source:MarketWatch
Tesla’s Cybercab moment is coming. Elon Musk needs to prove the car isn’t just hype.
Tesla is about to hold a launch event for the Cybercab, which doesn’t have pedals or a steering wheel. Source:MarketWatch
‘I’m desperately trying to plan ahead’: I’m leaving everything to my grandson, who has severe mental illness. How can I protect him?
“I previously served as an executrix for a neighbor and spent hundreds of hours and more than $10,000 of my own money on estate expenses.” Source:MarketWatch
America’s renter generation is trying to build wealth by investing in stocks instead of owning a house
They have a new personal finance script they are following — that doesn’t include a white picket fence. Source:MarketWatch
ADP says businesses create the fewest new jobs in 7 months. Hiring slowed in the summer.
ADP said U.S. businesses created just 36,000 new jobs in august, a second small increase in a row that pointed to a slowdown in hiring during the summer.…
How one strategist warned on semiconductor stocks within a day of their top
The chairman of JPMorgan Asset Management’s market and investment strategy warned on chip stocks within a day of their peak. Source:MarketWatch