Deep-Pocketed Buyers Flock to London’s Hampstead, Where Harry Styles and Benedict Cumberbatch Own Homes

Deep-Pocketed Buyers Flock to London's Hampstead, Where Harry Styles and Benedict Cumberbatch Own Homes

Italian-born fashion designer Mara Girone, 46, and her British husband, Mark Tyers, 47, moved to Hampstead village in 2017 with their two children. The village is less than half a mile from Hampstead Heath, a 790-acre area of ​​woodlands and ponds, and the heath and surrounding areas are a popular respite for London residents looking … Read more

Stock market in for ‘rough ride’ after Brainard’s ‘tough talk’ on Fed balance sheet

Stock market in for 'rough ride' after Brainard's 'tough talk' on Fed balance sheet

Tough talk Tuesday on the Federal Reserve’s balance sheet from a key policy maker could signal rough sledding ahead for equity investors, a Wall Street economist warns. “Fedspeak has become increasingly more hawkish with a noted dove hinting that balance-sheet reduction could begin as soon as next month,” said Joe LaVorgna, chief economist for the … Read more

CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

CEO of Robinhood rival shines fresh light on what retail investors are doing.  Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

US stock end higher Friday, S&P 500 rises for third straight week, after March jobs report reinforces Fed rate-hike expectations

US stock end higher Friday, S&P 500 rises for third straight week, after March jobs report reinforces Fed rate-hike expectations

All three major US stock benchmarks closed higher Friday, after a March jobs report reinforced a picture of a healthy economy but also underlined expectations for the Federal Reserve to be more aggressive in hiking interest rates in an effort to rein in persistently hot inflation. How did stock indexes perform? The Dow Jones Industrial … Read more

US stock end higher Friday, S&P 500 rises for third straight week, after March jobs report reinforces Fed rate-hike expectations

US stock end higher Friday, S&P 500 rises for third straight week, after March jobs report reinforces Fed rate-hike expectations

All three major US stock benchmarks closed higher Friday, after a March jobs report reinforced a picture of a healthy economy but also underlined expectations for the Federal Reserve to be more aggressive in hiking interest rates in an effort to rein in persistently hot inflation. How did stock indexes perform? The Dow Jones Industrial … Read more

Dow down more than 300 points, US stocks edge lower on last day of S&P 500’s first losing quarter in 2 years

Dow down more than 300 points, US stocks edge lower on last day of S&P 500's first losing quarter in 2 years

US stocks fell Thursday afternoon to cap a quarter in which Federal Reserve monetary tightening and the Russian invasion of Ukraine have weighed on sentiment and has put the S&P 500 on track for its first quarterly loss in two years. How are stock indexes peforming? The Dow Jones Industrial Average DJIA, -1.56% fell 336 … Read more

Inflation Weighed on Consumer Spending Growth in February

Inflation Weighed on Consumer Spending Growth in February

Consumer spending growth, a key engine of the economy, slowed sharply in February, as the Omicron surge of Covid-19 eased and accelerated inflation amid Russia’s invasion of Ukraine. US households boosted their sending at a seasonally adjusted 0.2% pace in February from the month before, down from a revised 2.7% rate in January, when spending … Read more

Stock-market investors laugh off yield curve’s recession warning — for now. Here’s why.

Stock-market investors laugh off yield curve's recession warning --- for now.  Here's why.

Blink and you missed it, but the yield on the 2-year Treasury note traded briefly above the yield on the 10-year note Tuesday afternoon, temporarily inverting the yield curve and triggering recession warning bells. Data shows that it hasn’t paid in the past to abandon stocks the moment the Treasury yield curve turns upside down, … Read more

Job Openings Ease Slightly From Record Highs

Job Openings Ease Slightly From Record Highs

Available jobs fell slightly for the second consecutive month in February after touching a record high late last year, a sign employers are able to fill open positions as the pandemic eases. Job openings are easing as the number of new coronavirus cases continues to fall, potentially freeing up more people to rejoin the workforce. … Read more

Stocks Rise, Bond Yields Inch Closer to Recession Warning

Stocks Rise, Bond Yields Inch Closer to Recession Warning

US stock indexes rose at the opening and bond yields edged closer to flashing a recessionary warning signal Tuesday, as investors girded for a period of slower growth and higher interest rates. The S&P 500 rose 1.0%, while the technology-heavy Nasdaq Composite gained 1.2% and the Dow Jones Industrial Average rose 1.1%. On Monday, major … Read more