Mark Hulbert: University endowments fail when compared with the stock market. Here’s one reason.
College and universities have just released their latest fiscal-year performance, and the results are underwhelming.
News
: Will flag football be the next pickleball? Tens of millions of dollars are betting on it.
The tackle-free version of the sport will be part of the Olympics in 2028.
The Moneyist: My mother is guarantor on my brother’s mortgage — using her home as collateral. What happens if she dies?
“If my brother can’t pay his mortgage, our mother will have to pay it for him, or the bank will take her house, right?”
Market Extra: A major source of liquidity for buying U.S. government debt is draining. Here’s why that’s bad news for the Fed and the market.
A Federal Reserve liquidity facility is back in focus as stocks stumble and investors brace for an estimated $1.5 trillion borrowing need from the Treasury.
Realtor.com: Peek inside Travis Kelce’s magnificent new mansion near Kansas City
Kelce has been romantically linked to Taylor Swift since late September.
The Moneyist: My mother guaranteed my brother’s mortgage — using her home as collateral. What happens if she needs long-term care or she dies?
“If my brother can’t pay his mortgage, our mother will have to pay it for him, or the bank will take her house, right?”
The Moneyist: My ex-husband tried to secretly sell our rental home. He now suggests a 70-30 split as he paid maintenance for 20 years. Is that fair?
‘He has been renting the home out and taking all of the tax allowances all of this time.’
Market Extra: S&P 500 index enters a correction. Here’s what it means for future performance.
The S&P 500 index closed in correction territory on Friday, its 103th time in history.
Market Extra: A major source of liquidity for buying U.S. government debt is draining. Here’s why that’s bad news for the Fed and the markets.
A Federal Reserve liquidity facility is back in focus as stocks stumble and investors brace for an estimated $1.5 trillion borrowing need from the Treasury.
Market Extra: The 7 companies propping up the U.S. stock market are sending a bearish warning that investors should not ignore
A group of elite stocks that have driven most of this year’s rally are sending a message that could portend more losses ahead.
: Ford’s junk bonds fall along with stock after weak earnings and electric vehicle loss
Ford’s stock fell about 12% Friday, adding to the selling pressure on its high-yield bonds.
Need to Know: High-yielding stocks have been the worst bet this year. Here’s one way to improve that.
Screening high yielders for their ability to keep paying dividends should help sort the wheat from the chaff
Market Extra: The market is almost always wrong about what the Fed will do next, Wall Street economist warns
One Wall Street economist has a reminder for investors ahead of next week’s Federal Reserve meeting: don’t get too excited about the prospect of interest-rate cuts next year.
Lawrence G. McMillan: The stock market is looking for direction and there’s a hopeful sign just ahead
Winning trade has been to buy at the close on October 27 and sell at the close on November 2.
: Walmart keeps head above water in China as local supermarkets eat themselves alive
Big chain stores are struggling against e-commerce and specialization among smaller players.
Metals Stocks: Gold is officially outperforming stocks in 2023 as October rally continues
Gold is outperforming the S&P 500 stock index in 2023 due to an October rally that has brought its price to nearly $2,000 an ounce, a level it hasn’t seen since May.
: Apple, Amazon and Microsoft’s bonds shrug off equity weakness as Nasdaq falls into correction territory
Meta was leading a selloff in high-quality tech stocks on Thursday, but its bonds were doing fine.
: Private equity: Everything you always wanted to know about this $12 trillion asset class but were afraid to ask
Dunkin, Hilton Hotels, PetSmart, Toys R Us, RJR Nabisco, Safeway and Kinder Morgan are just a few examples of companies backed by private equity.
: Magnificent Seven’s bonds shrug off equity weakness as Nasdaq falls into correction territory
Meta was leading a selloff in high-quality tech stocks on Thursday, but its bonds were doing fine.
