Pope urges refugee compassion
Pope Francis arrives in Uganda to a roaring welcome and appeals for compassion towards refugees facing uncertainty around the world. Rough cut (no reporter narration).
Pope Francis arrives in Uganda to a roaring welcome and appeals for compassion towards refugees facing uncertainty around the world. Rough cut (no reporter narration).
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
Federal Reserve chair Jerome Powell may offer his take later this morning for updated core PCE inflation data.
In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market capitalization of all actively traded U.S. stocks to the latest estimate of quarterly gross domestic product (GDP). Buffett, in a 2001 Fortune magazine article shared by CNN Money, described it as “probably the best single measure of where val
U.S. prices increased moderately in February and the cost of services outside housing slowed considerably, keeping a June interest rate cut from the Federal Reserve on the table. The personal consumption expenditures (PCE) price index rose 0.3% last month, the Commerce Department's Bureau of Economic Analysis said on Friday. Data for January was revised higher to show the PCE price index climbing 0.4% instead of 0.3% as previously reported.
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
“She worked for 25-plus years as a county nurse and, as such, she has a healthcare plan and a great pension, both for life.”
Stock-market investors get a key piece of economic data on Good Friday, but won’t be able to trade on it.
The super-successful hedge fund manager likes several AI stocks.
Trump Media & Technology Group soared as much as 14% on Wednesday.
Should you go with the tobacco giant, the struggling healthcare REIT, or neither?
Wood is sounding the alarm on Nvidia following its meteoric rise.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
Nvidia just posted benchmark results for several of its AI chips, including the H100, H200, and Grace-Hopper Superchip GH200.
Cathie Wood just increased her long-term price target for Bitcoin by a mind-boggling amount.
The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. GE shareholders get one share of Vernova for every four GE shares held. The GE Aerospace value is down from about $147.30 at Wednesday’s close, off 4%.
Trump Media reported revenue of $3.4 million and a loss of $49 million during the first nine months of 2023, and received a $300 million cash infusion as part of its listing via a merger with a special-purpose acquisition vehicle, or SPAC. The company’s price-to-sales valuation far outstrips even the buzziest of its social-media peers such as Reddit and Facebook and Instagram parent Meta Platforms So far, no Wall Street analysts have put a rating or target price on Trump Media stock, according to FactSet.
NextEra Energy, Duke Energy, and Black Hills Corporation are all offering historically attractive dividend yields today.
Federal Reserve Chair Jerome Powell on Friday will update his views on U.S. inflation and the economy following the release of data showing price increases running faster than the central bank chief last week anticipated. Government data showed the personal consumption expenditures price index increased at a 2.5% annual rate in February, up from 2.4% the month before. Notably the number excluding volatile food and energy prices rose 0.3% on a month to month basis, counter to Powell's expectation last week that the figure would be "well below" 0.3% and remain in line with the Fed's outlook for inflation to continue slowing to the Fed's 2% target.
Here's what could happen to gold prices next.
The latest update to the Federal Reserve’s preferred price gauge on Friday should confirm a bumpy start to the year on the inflation front. The central bank is taking a wait-and-see approach to lowering interest rates this year as it assesses whether progress on reducing inflation to its 2% annual target has stalled. Fed officials’ preferred measure of inflation is the core personal consumption expenditures price index, due at 8:30 a.m. on Friday as part of the Bureau of Economic Analysis’ personal income and outlays report.