The economic highlight of the week will take place on Wednesday — the Federal Reserve's latest policy announcement.Read More »
According to a recent note by equity research firm Jefferies, there's evidence that mass-market retailers like Target are now lowering prices to compete with Lidl, which has 10,000 global stores but just came to the US.
Amid devastating hurricanes, North Korean missile launches and political upheaval in Washington, equities in the U.S. simply keep jitterbugging their way toward fresh peaks. For 8½ years now, every dip has been followed by a push past the previous high. Yet at some point, even as investors continue reaping the benefits of a market climb that's been fattening wallets and retirement accounts along the way, the party will come to an end. And if you haven't yet given thought to how a long-lasting stock slump could impact your nest egg, now's the time. "The obvious is that the market will correct," said Greg Hammer, president of Hammer Financial Group in Schererville, Indiana. "It's just a matter
Researchers at IHS Markit think that some big name companies will raise their dividends as soon as next week. In a Tuesday report, they name four firms likely to raise their dividends by 9%-13%. Yum! Brands (YUM) is expected to raise its dividend 13.3% to yield 1.8%.