The government gave colleges the flexibility to use relief funds to wipe away student balances. The schools took up the offer immediately.
Stop losing money on mediocre businesses.
Evergrande, a Chinese property giant, is on the brink of default. Here's what investors need to know.
Monday's sharp downturn in stocks precipitated partly by the highly leveraged Evergrande in China isn't the only problem buffeting markets on Monday.
On Monday, this somewhat obscure, overseas risk suddenly shook up financial markets from Asia to Europe and the U.S., where all three major benchmark stock indexes, the S&P 500 (SPX) Dow industrials (DJIA) and Nasdaq Composite (COMP) appeared to be headed for the worst one-day drop in more than two months. On one level, Evergrande—which reportedly faces at least $83.5 million in interest payments due on Thursday, with a 30-day grace period — is raising concerns about a liquidity crisis among all Chinese and Hong Kong property companies, as markets quickly turn off access to dollar funding. In a more macro way, the firm’s woes are bringing to the fore China’s wide-scale regulatory crackdown across most of its businesses, starting with technology giant Alibaba Group Holding Ltd. (HK:9988) which is rattling confidence in the world’s second-largest economy.
Noelle Acheson, Head of Market Insights at Genesis Trading, discusses why Cryptocurrnecies tumbled on Monday.
Not many know what a powerful wealth compounding machine dividend stocks are. With reinvested dividends, those gains more than doubled to over 2,400%, proving time and again why dividend stocks are so worthy of your money. While you must never chase yields blindly, there's nothing like it if you can invest in dividend stocks that support their high yields with stable and growing dividends.
(Bloomberg) -- A global rout in stock markets sparked by concerns over China Evergrande Group hit the world’s biggest fortunes Monday, with the richest 500 people losing a combined $135 billion.Tesla Inc.’s Elon Musk led the declines as his world-leading net worth fell $7.2 billion to $198 billion, according to the Bloomberg Billionaires Index. No. 2 Jeff Bezos, the founder of Seattle-based Amazon.com Inc., lost $5.6 billion, paring his fortune to $194.2 billion. A cash crunch at Evergrande, Chi
(Bloomberg) -- The British Soft Drinks Association said manufacturers have “only a few days” of carbon dioxide left in reserve to produce beverages and can’t import supplies from the European Union due to Brexit. In the latest sign of how a widespread shortage of CO2 is causing shock waves in Britain’s food and drink sector, most carbon dioxide suppliers aren’t scheduling deliveries earlier than 24 hours in advance, which means manufacturers have no visibility on stock levels or when they will r
Fear contagion from the Evergrande crisis, warns Goldman Sachs.
How do your retirement savings compare to savings by other people in your age group? Are you keeping up with the proverbial Jones?
Shares of Ford Motor Company (NYSE: F) were trading lower at midday on Monday, amid a broad-based sell-off driven by investor concerns about the deeply indebted Chinese property developer China Evergrande Group (OTC: EGRNF). As of noon EDT, Ford's share price was down about 5.6% from Friday's close. Investors are concerned about Evergrande: The giant property developer has huge debt that it probably can't service, bankruptcy appears likely, and the Chinese government has hinted that no bailout will be forthcoming.
Advisors should keep an eye on credit-default swaps to gauge the risk of broader market impact from Evergrande’s debt woes. Looking at CDS for HSBC is one good proxy for estimating contagion. For investors, the weather has turned ominous.
Simple physics tells us that what goes up must come down – but sometimes, market forces take what’s gone down and pushes it back up. And that fact helps to outline the basic opportunities investors should look for. In short, what’s needed are stocks that have hit a hard time – but remain fundamentally sound. Prices can rise and fall for a wide range of reasons, and while many times those reasons bode ill for the stock, they don’t always. A bad sales month coinciding with a quarterly report; a se
Orally administered treatments of COVID-19 infections are coming into focus as vaccine stocks lose their luster.
There is a lot going on at Tesla these days. There are new models, new capacity and new features for investors to consider.
In this article, we discuss the 15 best stocks to invest in today according to David Abrams based on Q2 holdings of the fund. If you want to skip our detailed analysis of Abrams’ history, investment philosophy, and hedge fund performance, go directly to the 5 Best Stocks to Invest in Today According to David […]
Brian Levitt, Invesco Global Market Strategist, joins Yahoo Finance to discuss the market sell-off, outlook on the Fed taper, and the debt ceiling debate amid China property market fears.
In this article, we discuss the 15 best blue-chip stocks to invest in. If you want to skip our detailed analysis of these companies, go directly to the 5 Best Blue Chip Stocks to Invest In. Many investors consider buying blue-chip stocks to be the safest equity investment in the face of rising inflation, due […]
Derek Scissors American Enterprise Institute Senior Fellow joins Yahoo Finance to discuss what's next for the markets as the Evergrande crisis continues to develop.
For nearly 18 months, investors have enjoyed a historic bounce-back rally in the stock market. The following trio of stocks are all down at least 33%, if not more, from their 52-week highs, but can be confidently bought hand over fist by investors. The first winning stock that's been beaten down of late is technology-driven real estate company Redfin (NASDAQ: RDFN).