S&P 500’s $8 trillion rally will be tested by tricky earnings season
Companies in the S&P 500 are expected to report a 4.7% increase in quarterly earnings from a year ago, the weakest increase in four quarters. Read More
Bond traders buckle up for ‘no landing’ after jobs surprise
“What could happen is the Fed either delivers no more rate cuts, or actually finds itself having to raise rates again.” Read More
Oil bets are most bullish in two years as Mideast tension flares
Last week, traders snapped up December calls on Brent crude to bet on oil reaching $100 or higher. Read More
The Russian economy can’t sustain Putin’s war on Ukraine much longer, expert says
“Ukraine could win the war if it had an additional $50 billion per year, as well as a green light to bomb military targets inside Russia.” Read More
Frontier Airlines plane makes emergency landing after engine fire
Frontier officials said there were no reported injuries and all of the passengers plus seven crew members exited the plane using the stairs and were transported to the terminal. Read More
When it comes to mortgage rates, this may be as good as it gets for a while
“MBA’s forecast is for longer-term rates, including mortgage rates, to remain within a relatively narrow range over the next year.” Read More
The Middle East’s largest airline bans pagers and walkie-talkies after Hezbollah devices explode
“Such items found in passengers’ hand luggage or checked baggage will be confiscated by Dubai Police.” Read More
Affordable housing units across the U.S. are about to hit their expiration date
The buildings typically only need to be kept affordable for a minimum of 30 years. Read More
Storm-ravaged Gulf Coast could be hit by another hurricane soon
People across Florida were given notice Sunday that Milton, for now a tropical storm off the coast of Mexico, could intensify rapidly into a major hurricane. Read More
China stock skepticism gets louder as world-beating run extends
The Hang Seng China Enterprises Index has jumped more than 30% over the past month, making it the best performer among more than 90 global equity gauges tracked by Bloomberg. Read More