Summer is traditionally regarded as a sluggish time for U.S. stocks, given the Wall Street adage: “Sell in May and go away.” This year, though, may turn out to be markedly different from past years.One reason is bullish investors have steadfastly held on to the view that U.S. inflation is…

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSThe bulls finally control the stock market and the signs point higher Large-caps are plowing ahead and leading the way. S&P 500 chart offers little…

A key U.K. mortgage rate topped 6%, days ahead of a Bank of England rate decision where the central bank is again expected to lift interest rates. The average rate for the two-year fixed-rate mortgage stood at 6.01%, according to Moneyfacts. That’s a big shock as more than 1.4 million…

© Reuters. FILE PHOTO: Newly installed car chargers at a Tesla Super Charging station are shown in Carlsbad, California, U.S. Sept. 14, 2018. REUTERS/Mike Blake By Hyunjoo Jin and Samrhitha A (Reuters) -SK Signet said on Thursday it will introduce electric-vehicle chargers compatible with Tesla (NASDAQ:)’s technology this year, following…

(Bloomberg) — Wall Street oil-watchers have given up their belief in a rally this year.  JPMorgan Chase & Co. on Wednesday became the last of the major banks to slash crude price forecasts, cutting its targets for the second-half by 11% to $82 a barrel.  While demand continues to grow,…

Investing.com — Most Asian currencies retreated on Friday as weak Chinese inflation data pushed up concerns over slowing growth in Asia’s largest economy, while the dollar steadied after steep overnight losses as a Federal Reserve meeting loomed. The fell 0.1% and hovered around six-month lows after data showed that Chinese…

(Bloomberg) — Consumer spending at restaurants in the US may finally be starting to level off following the pandemic-reopening boom, according to the latest data on retail sales and consumer prices. Price increases for food away from home outpaced growth in retail sales at food services and drinking places in…

Last week the Federal Reserve announced it was “skipping” another interest rate increase for the first time in 15 months to assess the impact of its efforts to quash inflation. Apparently, one of the reasons for the pause was disagreement among the 12 members of the Federal Open Markets Committee…

Bank of America Securities’ Savita Subramanian is the most bullish on stocks in at least 10 years. According to the firm’s head of U.S. equity and quantitative strategy, the macro backdrop is reenergizing key groups that have been overshadowed by Big Tech gains and excitement surrounding artificial intelligence. “We’re at…

U.S. President Joe Biden referred to Chinese President Xi Jinping as a dictator in comments underscoring the tricky balance of managing ties with an assertive global rival while appealing to domestic audiences as he seeks re-election.Biden’s comment at a Tuesday fundraiser comes just a day after Secretary of State Antony…