Stocks and bonds are ‘discounting for a disaster’ after the worst stretch for investors in 20 years

Things could always get worse. The S&P 500 index SPX, -1.51% on Friday cemented its worst monthly percentage fall since the pandemic lockdowns of March 2020, but also joined the Dow Jones Industrial Average DJIA, -1.71% and Nasdaq Composite Index COMP, -1.51% in booking the worst, first 9-month stretch since 2002, according to Dow Jones … Read more

How mortgage rates affect housing market as Federal Reserve weighs new interest rate hike – CBS News

How mortgage rates affect the housing market as the Federal Reserve weighs a new interest rate hikeCBS News What Is a Mortgage Rate Buydown?GOBankingRates 3 Steps to Stress-Free Home BuyingThe Motley Fool View Full Coverage on Google News

Charles Payne: We are going broke – Fox Business

Charles Payne: We are going brokeFox Business

Worker Shortage Could Be Bigger Threat Than Inflation, Says Labor Secretary – MSNBC

Worker Shortage Could Be Bigger Threat Than Inflation, Says Labor SecretaryMSNBC Lack of US Workers Is ‘Bigger Threat’ Than Inflation, Labor Secretary Walsh SaysBloomberg The Surprisingly Disappointing Reign of Marty Walsh, Biden’s Labor SecretaryThe New Republic View Full Coverage on Google News

How American workers are faring after two years of pandemic turmoil – PBS NewsHour

How American workers are faring after two years of pandemic turmoilPBS NewsHour Despite rapid pandemic recovery, Kentucky workers need more support, better payLexington Herald Leader Opinion | Out of office: The pandemic and the new meaning of workThe Washington Post View Full Coverage on Google News

A Healthy Jobs Report Leaves Republicans Scrambling and Biden Smiling

Five weeks ago, when the Commerce Department reported that the inflation-adjusted gross domestic product dipped in the second quarter, the House Republican Leader, Kevin McCarthy, declared, “This morning the government announced what every American has been feeling for nearly a year— we are in a recession.” At the White House that day, Joe Biden pushed … Read more

Art Laffer: This is a good sign – Fox Business

Art Laffer: This is a good signFox Business Either Yellen is dishonest or a complete fool: Former investment bankerFox Business Art Laffer: This is why we’re not going to see a drop in inflationFox Business Will the US have a ‘resilient’ economy in the face of rate hikes?Fox Business Rep. Carter: Inflation ‘Acceleration’ Act adding … Read more

‘Makes their blood boil’: Democrats criticize trillion-dollar companies for paying low tax rates and state-by-state tax-free shopping guide for back-to-school supplies

Hi MarketWatchers. Don’t miss these top stories. ‘Makes their blood boil’: Democrats criticize trillion-dollar companies for paying low tax rates More than 100 US companies are paying an average effective tax rate of 1.1%, according to new data released by Senate Finance Committee Chairman Ron Wyden. Read More ‘Arguably, it is the best time ever … Read more

More layoffs hit the US job market as Walmart cuts corporate employees – Yahoo Finance

More layoffs hit the US job market as Walmart cuts corporate employeesYahoo Finance The Real Reason Walmart Just Laid Off Hundreds Of EmployeesmsnNOW Walmart lays off around 200 corporate employees after slashing guidance last weekCNBC Television Layoffs hit Walmart corporate officesBoston 25 News Walmart Reportedly Slashes 200 Corporate Jobs After Falling Profit WarningsForbes Breaking News … Read more

Treasury Secretary Yellen holds a news conference – Washington Post

Treasury Secretary Yellen holds a news conferenceWashington Post The Fed’s Powell says he does not think the US economy is in a recessionFox Business Politico says upcoming GDP report predicting a recession could be ‘possibly inaccurate’Fox News Watch live: Treasury Secretary Yellen delivers remarks on the economyThe Hill CNN Hosts Silent as Economist Lays Out … Read more