Oil Bets Most Bullish in Two Years as Mideast Tension Flares

Published on October 7, 2024

Oil futures posted their largest gain in more than a year last week. And the frenzy was even bigger in the options market.

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Corporate Bonds Gain an Edge Over Stocks as Fed Cuts

October 7, 2024
The outlook for corporate debt is improving now that the Federal Reserve has begun cutting interest rates, according to the latest Bloomberg Markets Live Pulse survey.

Raise the $1,000 Limit on Emergency 401(k) Withdrawals

October 7, 2024
Thanks to new legislation, Americans with retirement plans now have easier access to cash in the event of a financial emergency. A provision in the Secure Act 2.0 that took effect this year allows individuals with 401(k)s and other retirement plans to withdraw up to $1,000 without triggering a 10% early distribution penalty.