Jerome Powell’s words suggest the Fed is growing less certain it can avoid recession, triggering a sell-off that has sent S&P 500 into a bear market.
Author: Medora Lee, USA TODAY
Target plans discounts, inventory switch to match spending shifts as inflation soars
Consumer spending is quickly shifting, prompting swift action by retailers like Target to switch up its inventory and take cost-cutting measures.
Fintechs launch crypto, cash-back rewards for college to help parents save for their kids
Parents will soon be able to invest in bitcoin for their kids’ investment account or spend on their credit cards to earn cash-back for college funds.
S&P 500 falls from record high to near bear market in 5 months: How did it happen so fast?
The S&P 500 has fallen from a record high to near bear market in 5 short months, leaving some wondering what happened and how did we get here so fast?
Bear market fears and retirees: Seniors take steps to protect savings against stock plunge
Experts offer seniors tips to survive stock market plunges, soaring inflation, rising interest rates, and possible recession.
Crypto storage: Cold, hot, or maybe a little of both?
If you want to get into crypto, you’ll need to know how to store them. Find out what the options are so you can decide what’s right for you.
As rates rise, inflation heats up and stocks plunge, you can still put your cash to work
When Fed rate hikes to combat inflation cause stocks to plunge, investors worried about their investments are finding ways to work their cash.
Closer look at looming recession: Consumers and jobs market may not be as healthy as you think
Recession is likely as consumers’ ability to keep spending and hopping jobs will come to an end sooner than you think, some analysts warn.
Fidelity plans to offer bitcoin in its 401(k) retirement funds. But is it best for you?
Fidelity says it will add bitcoin to its retirement options this year, but is it a good idea? Critics warn crypto is too risky and unregulated.
As odds rise for a recession, what’s your investment strategy?
The odds for a recession seem to be rising each day, so what should investors do to prepare their portfolios? The answer may surprise you: not much