Oil prices volatile on conflicting reports about Strait of Hormuz

Oil prices swung sharply Tuesday as conflicting reports about shipping in the Strait of Hormuz drove oil prices down for much of the morning, then higher in the afternoon. U.S. crude oil initially plunged more than 16%, slipping below $77 per barrel at one point. But the move faded, and WTI climbed to trading around … Read more

Here’s what can happen to a retirement portfolio when stocks are volatile (and how to hedge against it)

When you’re no longer working, serious market swings can be genuinely dangerous to your finances.  Javier Ghersi/Getty Images The stock market has experienced significant ebbs and flows over the past year, with everything from tech innovations to new federal policies driving volatility, and there have been lots of wins and losses as a result. But … Read more