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Wholesale prices jump to 4-year high and point to even more inflation in the next few months
The latest look at wholesale prices points to even higher inflation in the next month or two. The producer price index jumped 1.4% in April to mark the biggest rise in four years. Article Attribution | Read More at Article Source
5 tests Kevin Warsh will face on the first day as Fed chair
Wall Street and Washington will be watching to see how he reacts to political pressure and whether he can get the central bank on board with the major changes he favors. Article Attribution | Read More at Article Source
I want to go on a trip this fall. Should I wait until the Iran war ends to book my flight?
“Currently tickets from New York City are sitting at over $1,000.” Article Attribution | Read More at Article Source
My wife and I retired with 22 times our income. Why don’t more people do what we did?
“The vast majority of people I’ve known are intimidated by money’s power, imbue it with almost magical qualities.” Article Attribution | Read More at Article Source
‘He is retired’: Should my husband take his Social Security at 62 and invest it?
“His Social Security benefit would be $1,600 per month, since he stayed home with the kids while I worked.” Article Attribution | Read More at Article Source
Morgan Stanley boosts S&P 500 target. Why Mike Wilson says the market has already priced in the biggest risks.
It’s the season for new stock-market price targets, and Morgan Stanley joined the upper echelon of Wall Street targets for the S&P 500 with its new outlook released Wednesday. Article Attribution | Read More at Article Source
Nvidia’s Jensen Huang got the last Air Force One seat to China. Why it’s so crucial for the chipmaker.
Traders are interpreting the late addition of Nvidia’s CEO to the Air Force One passenger list as a signal that good news about export licenses may be in the offing Article Attribution | Read More at Article Source
Copper prices are now at their highest level on record. AI is only part of the story.
Copper refining now has a Strait of Hormuz problem. Article Attribution | Read More at Article Source
What former poker champion turned investing coach Annie Duke says most of us get wrong about risk
The author of ‘Quit’ talks about market bubbles, costly investing mistakes and why investors freeze at the worst time. Article Attribution | Read More at Article Source
Intel’s stock just guided the chip sector toward a sharp selloff. Here’s why.
Analysts note “buyer exhaustion” and market concerns about what the latest inflation data may mean for future data-center spending commitments. Article Attribution | Read More at Article Source
Clothes just saw the biggest price jump in three years. How much more will shoppers pay?
Analysts said manufacturers and retailers raised prices in response to — and in further anticipation of — the effects of the Iran war. Article Attribution | Read More at Article Source
This bearish ‘key reversal’ chart pattern could be why chip stocks suffered a rare selloff
A bearish chart pattern in the South Korea’s Kospi Composite Index could act as a warning for the U.S. chip sector, given that the two have moved in sync during their recent sharp run ups. Article Attribution | Read More at Article Source