U.S. stock indexes were weighed down by growing investor concerns about the outlook for economic growth.
The tech billionaire keeps plowing millions into this asset class.
Anyone positioning their portfolio for a recession could be making a big mistake.
He also predicts a ‘more significant pullback’ if this one thing happens.
KELLEY BLUE BOOK New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winner this year.
Shares of Ford (NYSE: F) were falling today after the company reported second-quarter vehicle-sales results. While vehicle sales increased 1.8% over the period to 483,688, they fell far short of analysts' average estimate for an increase of 4.2% from the year-ago quarter. Ford filed its latest vehicle-delivery figures with the SEC today, and the company reported a 31.5% increase for its June deliveries, year over year.
Yahoo Finance Live anchors discuss Mark Zuckerberg's economic warning to Meta employees, the average monthly care payment crossing the $700 mark, and AMC announcing $5 Tuesdays through the end of October.
For high-growth, profit-less growth stocks, bad news on the economy could be good news for their shares.
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising U.S. interest rates. In the U.S., mortgage applications are down 28% from their peak, new home sales are off 17% and housing starts down 13%.
(Bloomberg) -- Bridgewater Associates posted a 32% return for its flagship hedge fund through the first half of 2022 as it benefited from increased market volatility, according to a person familiar with the performance.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarCiti Says Oil May Collapse to $65 by the Year-End on RecessionBezos Slams Biden Over Call for Lowering of Gas PricesPerson of Interest in July 4 Parade Shooting That Killed Six in Police Cust
Despite West Texas intermediate crude oil futures dipping below $100 per barrel on Tuesday, serious gas price relief may be unlikely happen until motorists make adjustments by driving less.
(Bloomberg) -- The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk of the world’s chips, expanding its campaign to curb the country’s rise, according to people familiar with the matter. Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarCiti Says Oil May Collapse to $65 by the Year-End on RecessionBezos Slams Biden Over Call for Lowering of Gas PricesPerson of Interest in Jul
The first half ended last week, and the S&P 500 is now firmly stuck in a bear. The rapid change from record high levels at the end of last year, to a 20%+ drop in these past six months has pummeled investors, who have had to cope with shrinking share values, increased volatility, and an unpredictable and risky equity environment. The most serious issue facing economists and traders right now is the possibility of recession in the near term. The US GDP contracted by 1.6% in Q1, and preliminary da
‘My credit-union credit card allows me to make a balance transfer at 0% financing with no fee once a year.’
IKHAIL KLIMENTYEV/Sputnik/AFP via Getty ImagesRussian President Vladimir Putin’s key ally Belarusian leader Alexander Lukashenko has started hinting at what may be next in Russia’s war, and it doesn’t sound pretty.Lukashenko claimed this weekend that he thinks it’s time for Europe to face a “moral cleansing.”“The time has come for the forgetful Europe to give itself a moral cleansing,” Lukashenko said, without going into further detail about what that would entail, according to BelTA.Lukashenko
It's possible to get on a cruise ship and put your phone away to simply tune reality out for a few days. Many people who board a cruise ship opt to pay for an internet package for a variety of reasons.
These two technology stocks are each trading down over 90%. Is it time to buy shares at a steep discount?
Mortgage rates are rising, as are home prices. Here's what buyers and sellers should know now, according to Nadia Evangelou.
Zuckerberg has chosen his moment well: the crypto sector is currently going through an unprecedented crisis of confidence marked by a fall in the price of digital currencies. Bitcoin, the king of cryptocurrencies, has lost 71.3% of its value since its all-time high on November 10, according to data from CoinGecko. Ether, the second cryptocurrency by market value, is down 78% from its November all-time high as well.
More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices touched record highs. The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden designed to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.
One of the costs of converting a traditional IRA to a Roth IRA is how much you will pay in taxes. In some cases, those taxes can be a heavy burden, especially if you have been diligent in building up … Continue reading → The post Doing a Roth Conversion Like This Can Minimize Your Taxes appeared first on SmartAsset Blog.