Morgan Stanley says investors should consider this port in the market storm right now

The great British pound selloff, credited with exacerbating a global rout for markets last week, looks set to continue wreaking some havoc on Monday. Economic woes in Old Blighty are adding to the markets’ growing list of anxieties, driving more investors into the dollar and out of perceived riskier assets such as US stocks and … Read more

How to manage your finances when inflation is high, interest rates keep shooting up and study finds women’s financial well-being sinks to five-year low

Hi MarketWatchers. Don’t miss these top stories. ‘No wonder consumer confidence has been falling’: Women’s financial well-being sinks to five-year low, study finds Only 14% of women say they’re prepared for a recession, compared with 30% of men, according to a survey by Ellevest, a women’s investing platform. Read More Weekend reads: How to manage … Read more

‘Home-price declines will likely continue’ as mortgage rates exceed 6%: Freddie Mac and IRS will staff up customer-service phone lines for tax season

Hi MarketWatchers. Don’t miss these top stories. Yellen: IRS will staff up customer-service phone lines for tax season, now that it has $80 billion from the Inflation Reduction Act A frustrating lack of phone service at the IRS for both taxpayers and tax preparers has been a glaring problem, experts have said. Read More Is … Read more

‘Home price declines will likely continue’ as mortgage rates exceed 6%: Freddie Mac and IRS will staff up customer service phone lines for tax season

Hi MarketWatchers. Don’t miss these top stories. Yellen: IRS will staff up customer service phone lines for tax season, now that it has $80B from Inflation Reduction Act A frustrating lack of phone service at the IRS for both taxpayers and tax preparers has been a glaring problem, experts have said. Read More Is the … Read more

Mortgage rates hit 6% for the first time since 2008, while applications fell to the lowest level since 1999 and what were retail investors doing during Tuesday’s stock market selloff? Here’s a clue: They’re ‘generally a contrarian bunch’

Hi MarketWatchers. Don’t miss these top stories. What were retail investors doing during Tuesday’s stock market selloff? Here’s a clue: They’re ‘generally a contrarian bunch’ On the whole, there’s been a ‘weakening trend’ for retail investor buying demand, analysts say. Read More Mortgage rates hit 6% for the first time since 2008, while applications fall … Read more

Mortgage rates hit 6% for the first time since 2008, while applications fell to the lowest level since 1999 and what were retail investors doing during Tuesday’s stock market selloff? Here’s a clue: They’re ‘generally a contrarian bunch’

Hi MarketWatchers. Don’t miss these top stories. What were retail investors doing during Tuesday’s stock market selloff? Here’s a clue: They’re ‘generally a contrarian bunch’ On the whole, there’s been a ‘weakening trend’ for retail investor buying demand, analysts say. Read More Mortgage rates hit 6% for the first time since 2008, while applications fall … Read more

Consumers expect prices to keep cooling — but the damage may have already been done and Americans’ ‘financial health’ fell for the first time in five years

Hi MarketWatchers. Don’t miss these top stories. Consumers expect prices to keep cooling — but the damage may have already been done Ahead of the latest consumer price index data, consumers and economists both see slowing inflation ahead. Read More Another sign of a looming recession? Americans’ ‘financial health’ fell for the first time in … Read more

New CEO of Starbucks — a ‘world-class leader,’ says Howard Schultz — will do a stint as barista

Starbucks Corp.’s soon-to-be chief executive is a “world-class leader” with deep knowledge of consumer-product companies and will spend time as a barista to get to know the company, the coffee chain’s three-time CEO, Howard Schultz said Thursday. Starbucks SBUX, -2.88% announced earlier Thursday it had named Laxman Narasimhan as its new chief executive, effective Oct. … Read more

Mortgage rates dip slightly due to cooling inflation data, but new construction slows and Inflation Reduction Act promises tax credits for new and used electric vehicles — here’s how to claim them

Hi MarketWatchers. Don’t miss these top stories. Let’s Take a Look Inside Serena Williams’ Smashing Homes Tennis great Serena Williams recently announced her plans to retire from the sport. She’ll walk away with an amazing 23 Grand Slam singles titles, just one shy of the all-time record. Read More ‘Plunge in affordability’: Mortgage rates dip … Read more

Drug savings in new law aren’t just for seniors and mortgage application activity falls to lowest level since 2000 amid higher rates and recession fears

Hi MarketWatchers. Don’t miss these top stories. My son and his girlfriend want to buy our home and build an ‘in-law suite.’ Should I add him to the deed of our house? ‘Should we put them on the deed and then have them get a home equity loan to build or should we do a … Read more