What Should You Do About Bond Price Declines?

Financial data analysis graph showing search findings. Red arrow moving down over a blue bar graph … [+] standing on a digital tablet. Horizontal composition with copy space. getty This is the second article of two examining the role of bonds in your portfolio. The first article reviewed what bonds are, identified factors that influence…

Robinhood Shares Jump 15%, Trading Halted After Report That Crypto Exchange FTX Could Buy The Company

Topline Shares of popular stock trading app Robinhood surged higher on Monday after reports that billionaire Sam Bankman-Fried’s cryptocurrency exchange, FTX, is considering a deal to buy the company just over a month after he first disclosed a stake. The news comes just over a month after FTX’s billionaire founder, Bankman-Fried, disclosed a sizable ……

Pending Home Sales See Surprise Rebound In May, But Experts Warn Housing Market Is ‘Undergoing A Transition’

Topline A leading indicator for housing market activity—pending home sales—unexpectedly jumped in May and reversed six straight months of declines, according to new data from the National Association of Realtors on Monday, though experts warn that higher mortgage rates will continue to weigh on demand. Sales were still down “sizably” from a year ago as…

Crypto Funds Post Record $423 Million Outflows As Bitcoin Plunge Rattles Market

Topline Investors piled out of cryptocurrency investment funds at a record pace last week after bitcoin plummeted to its lowest level in 18 months, crypto asset management firm CoinShares reported Monday, highlighting the bearishness that’s come to a head this month as markets grapple with the Federal Reserve’s reversal of pandemic-era stimulus measures. “Highly polarized…

Unemployment Will Rise And ‘Extreme’ Price Pressures Continue As Fed Hikes Risk Recession, S&P Warns

Topline Economists at S&P Global Ratings on Monday warned the likelihood of a recession over the next year is increasing as the Federal Reserve continues its most aggressive economic tightening cycle in decades—becoming the latest experts warning about the potential implications of rising interest rates, which help ease prices at the expense of economic growth.…