Treasury yields remain higher after solid 2-year note auction
Rates on one-year through 30-year Treasurys remained slightly higher on Monday after the first of two large government auctions. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y was 4.720%, up 3.3 basis points from 4.687% on Friday. Yields move in the opposite direction to prices. The yield on the 10-year Treasury BX:TMUBMUSD10Y was 4.281%, […]
First images from Intuitive Machines’ Odysseus
Intuitive Machines CEO Steve Altemus explains how the company’s IM-1 lander tipped over on the moon’s surfacing during a NASA press conference on Feb. 22, 2023. NASA TV Intuitive Machines’ cargo lander, Odysseus, returned its first images from the moon’s surface over the weekend, as the spacecraft settles in to its lunar destination. The company’s […]
First images from Intuitive Machines’ Odysseus
Intuitive Machines CEO Steve Altemus explains how the company’s IM-1 lander tipped over on the moon’s surfacing during a NASA press conference on Feb. 22, 2023. NASA TV Intuitive Machines’ cargo lander, Odysseus, returned its first images from the moon’s surface over the weekend, as the spacecraft settles in to its lunar destination. The company’s […]
Oil prices extend slide as traders assess demand outlook
Oil futures fell early Monday, extending the previous week’s decline as traders fretted about the global outlook for demand as expectations central banks will begin cutting rates soon continued to fade. Price moves West Texas Intermediate crude CL00, -0.42% for April delivery CL.1, -0.42% CLJ24, -0.42% fell 18 cents, or 0.2%, to $76.31 a barrel […]
Half of aspiring home buyers say they earn too little to afford a house: survey
Home prices are so high that nearly half of would-be home buyers say they earn too little to afford a house, according to a new survey. The survey, by Bankrate, included responses from nearly 2,300 adults, 864 of whom were aspiring homeowners. It found that 54% of respondents who were interested in buying were held […]
I asked my broker to convert my bonds to cash. He didn’t. Can I sue?
I have a $1.5 million account with one of the major investment managers in the United States. In the fall of 2021, the stock market was weakening and the Federal Reserve was projecting that its benchmark rate would increase significantly from zero in the following months. I contacted my account manager and asked what they […]
My cousin, 98, was targeted by grifters. They stole $800,000. What can I do?
My cousin “Ann” was 98 years old when she died in New York in April 2020. She did not have children and she was very special to me. I would visit her periodically and spoke to her most days. She had me named as executor of her will. I was to inherit her estate. I […]
Clothing and electronics retailers report this week, analyst caution endures
Over the past two years, clothing and electronics haven’t exactly been a big priority for shoppers, as they try to cover higher-priced groceries and gasoline. In the week ahead, results from retail chains like Macy’s Inc., Urban Outfitters Inc., TJX Cos. and Best Buy Co. will offer an update on whether consumer appetites might get […]
Inflation vs. deflation: Retailers fear falling prices
A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on […]
I’m 73 and my adviser told me to buy $1.5 million in annuities. Should I do it?
I have $1.5 million in my 401(k) and $1.1 million in my IRA. I will be 73 in 2024 and must start RMDs. A financial planner suggested that I purchase $1.5 million in annuities and invest the other $1 million in stocks and bonds. Should I take my adviser’s suggestion? Does this sound like good […]
