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ISM service-sector gauge weakens sharply in April

The Institute for Supply Management said on Tuesday that its service-sector PMI dropped sharply to 49.4% in April from 51.4% in the prior month.

Fri May 3, 2024 17:05
‘He’s holding all the cards’: My mother, 86, has dementia. Her partner of 30 years is on the deed to her home. How can I gain control of her finances?

“I asked to be put on the deed to my mother’s home and I was met with a swift ‘no’ from her partner. He said that since he had paid off the mortgage, the house is his.”

Fri May 3, 2024 17:05
Apple’s stock is seeing its best day in 1.5 years, but an existential question remains

Now that the company has helped soothe the China concerns, it’s time for Apple to move on to the next big area of investor debate: its AI positioning.

Fri May 3, 2024 17:05
Amgen’s obesity-drug stock surge still in ‘early innings,’ analysts say

Analysts see more gains ahead for Amgen after a stock surge fueled by upbeat comments on experimental obesity drug.

Fri May 3, 2024 17:05
Fed’s Bowman says she’s still willing to raise rates

“I remain willing to raise the federal funds rate at a future meeting should the incoming data indicate the progress on inflation has stalled or reversed,” Fed Governor Michelle Bowman said Friday.

Fri May 3, 2024 17:05
Treasury yields on pace for three-week lows after April’s weaker-than-expected jobs report

Treasury yields headed for their lowest levels in three weeks Friday morning after the official jobs report came in below expectations and brought the potential for a Federal Reserve rate cut back to the minds of traders.

Fri May 3, 2024 17:05

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