Citigroup strategists say they will be on the lookout for signs of “over-exuberance” in stocks in the New Year, as big investors are expected to pile in. See full story.
The Fed should be careful when it wishes for more inflation
The Federal Reserve wants a bit more inflation, but Caroline Baum wonders if the Fed could lose control of inflation in the process. See full story.
Fiat Chrysler, Peugeot reach agreement on $50 billion merger
Fiat Chrysler and Peugeot agreed to the tie-up at the end of October. Under the agreement each company’s shareholders will own 50% of the new entity See full story.
Boeing’s decision to halt 737 Max production set to reduce first-quarter GDP growth
Boeing’s decision to temporarily halt 737 Max production will hit the economy hard in the first quarter, said Ellen Zentner, economist at Morgan Stanley. See full story.
Visa warns drivers to watch out for ‘concerning trend’ of hacked gas pumps
Scammers are increasingly targeting travelers. See full story.
‘I concentrated on raising our children, and was locked out of our accounts. I never knew where the money was going.’ See full story.