Yahoo Finance Plus 
An unexpected power interruption early morning Independence Day Monday led to a flaring of coke-oven gasses from U.S. Steel Clairton Coke Works in Clairton. The interruption began at about 5:30 a.m. and shortly before 11 a.m. Allegheny County reported that the power was back on. Flaring of the coke oven gases, which emanated from the stacks and batteries, was required.
The investor, who successfully bet against the U.S. mortgage market before the 2008 financial crisis, has just made a huge gamble.
In the last month, both the S&P and the NASDAQ climbed back out of bear territory, and are registering 10% and 13% gains respectively. It’s enough to make investors' heads spin. Let's not forget, the markets presented investors with a bearish challenge in 1H22, with 6 straight months of losses. Headwinds, in the form of supply chain problems, Russia’s invasion of Ukraine, inflation at generational high levels, rising interest rates, all combined to give investors the shivers. For the retail inve
(Bloomberg) -- Michael Burry’s Scion Asset Management jettisoned 11 US equities in the second quarter and ended the period with just one. Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedDOJ Opposes Release of Affidavit in Trump Search, Citing ProbeMuch of the US Will Be an ‘Extreme Heat Belt’ by the 2050sThe hedge f
The home-improvement retailer reports second-quarter same-store sales of 5.8%, beating Wall Street forecasts.
The Internal Revenue Service has proposed rule changes that could significantly impact how beneficiaries will manage inherited retirement accounts. The proposed regulations, which were published last month, caught some in the financial services industry by surprise, as they offer a … Continue reading → The post The IRS May Make Your Roth IRA More Valuable With This RMD Rule Change appeared first on SmartAsset Blog.
The big question on investors’ minds right now is, where will inflation go? And the related follow-up question, for everyone, is, how far will the Fed hike rates in response? The potential answers cover the full range of possibilities, from President Biden’s happy talk about ‘zero percent inflation,’ to the market bears predicting a full-blown economic depression. Count JPMorgan’s chief asset management strategist David Kelly among the bulls. He’s not convinced by the doomsayers, and sees the re
Investors can buy the short-term Treasury bills, now yielding as much as 3%, from the government and brokers or get exposure through funds.
Walmart is among several of the major retailers expected to report earnings this week.
The Wall Street CEO used the dated reference in a call with wealthy clients last week.
Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk generated headlines last year when he announced in a tweet that he would sell almost all his physical possessions and will not own a house. Musk reportedly followed through with that plan and moved into a tiny house in Texas after disposing of all of his mansions. Recent rumors suggested that Musk’s primary residence was a prefab house manufactured by Boxabl. It turns out, however, that the $50,000 foldable house is actually being used as a guest house. Wh
These widely owned companies are doling out between $11.1 billion and $18.5 billion in dividend income to their shareholders each year!
The electric vehicle (EV) industry has expanded by incredible leaps and bounds over the last decade, and its growth story is still just starting to unfold. On the heels of some massive sell-offs, Lucid Group (NASDAQ: LCID) and Nio (NYSE: NIO) stand out as intriguing players in the space that could potentially deliver explosive growth, and investors might be wondering which stock is the better buy at today's prices. Howard Smith: Shares of Lucid Group would certainly qualify as having experienced a major bear market.
Among Amazon, Shopify, and Tesla stands one company that's simply never been cheaper and is begging to be bought.
(Bloomberg) -- Saudi billionaire Prince Alwaleed Bin Talal invested more than $500 million in Russian firms around the time of Moscow’s invasion of Ukraine, in a sign of the careful political position the Gulf state has maintained with its OPEC+ partner.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedWill Housing Prices Flatten — or Collapse?How the US Toppled the World’s Most Powerful Gold
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
The housing market is changing fast. Act accordingly.
Yahoo Finance Live checks out Bed Bath & Beyond's stock as retail investors display a renewed interest in the meme stock.
Yahoo Finance Live anchors discuss quarterly earnings for SNDL.
In this article, we discuss the 10 tech stocks to buy before the market rally begins. If you want to read about some more tech stocks to buy before the market rally begins, go directly to 5 Tech Stocks to Buy Before Market Rally Begins. The brief rally in technology stocks over the past few […]
(Bloomberg) -- Even in an industry famous for its roller-coaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening to give way to the worst decline in a decade or more.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedDOJ Opposes Release o
Yahoo Finance