52 weeks in a row

52 weeks in a row without a big weekly decline. The S&P 500 has now gone 52 straight weeks without closing lower by at least 2%. This is the longest such streak since 61 weeks in a row that ended in late 1995. The longest ever was 90 consecutive weeks ending in...

Wells Fargo on the hot seat

Just 97 days till Christmas and it is time to start planning. United Parcel Service will hire 95,000 workers for the holiday shopping season. Up from 93,000 last year. The pay range for seasonal hires is $10.10 to $30 an hour. About 37% of seasonal hires over the last...

The selloff continues

Stocks are sharply lower, pointing to an extension of Friday’s slump, which saw US markets shed over 2%. This comes on renewed concerns about interest rate hikes. European and Asian stock markets started their day off more than 1%. U.S. bond yields continue to...