Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.
Category: Stocks and Bonds
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The Market Usually Rises After the Midterms. Will This Time Be Different?
The New York Times – Business:With worries about the economy rising, the four-year presidential cycle for stocks may not follow the established pattern.
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Ford Lost Money in the Third Quarter as Costs Surged
The New York Times – Business:The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
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Another Yield Curve Inversion Rings Recession Alarm Bells
The New York Times – Business:A so-called inverted yield curve between three-month and 10-year interest rates is considered by Wall Street as a reliable sign of an impending economic slump.
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The Week in Business: Liz Truss Concedes to the Markets
The New York Times – Business:Americans are combining leisure and business travel. Tech profits are slowing. And the deadline for Elon Musk to buy Twitter is coming up.
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Relentless Rise in Interest Rates Looms Over Another Volatile Week for Markets
The New York Times – Business:The 10-year U.S. Treasury yield, which underpins everything from mortgages to credit cards, was on course to rise for a twelfth consecutive week, matching the longest streak since 1984.
