Starting in 2020, cruise ships were the site of massive COVID-19 outbreaks. With its cruise ships parked and annual revenue falling to as low as $1.9 billion in 2021 (from $20.8 billion in 2019), Carnival sold 19 ships, tapped debt markets, and turned to equity dilution to raise the capital it needed to survive the crisis.
Only about one in four retirees has not experienced any kind of shock event in retirement, according to a study from the Society of Actuaries. “With retired clients, one of the bigger items that we talk about is how many months of distributions we want to set aside for extra money for unforeseen, or irregular expenses,” said Peter T. Palion, certified financial planner and president of Master Plan Advisory in East Norwich, New York. This is one of the most unforeseen expenditures in retirement, and includes the medical needs of a spouse, parent, child or grandchild, says Spencer Betts, a certified financial planner, chief compliance officer and financial consultant at Bickling Financial in Lexington, Massachusetts.
The debt crisis is here, Nouriel Roubini says. Expect central banks to wimp out in their fight against inflation as financial distress deepens
There is always an opportunity cost to consider -- like earning a worse return as a result of making a poor investment decision. A couple of stocks that look too risky to buy with even free money are Tilray Brands (NASDAQ: TLRY) and BlackBerry (NYSE: BB).
What’s more, both Suze Orman and Dave Ramsey recently upped the amount of emergency savings they now recommend you have. Finance guru Suze Orman now recommends that people have enough money to cover 12 months’ worth of expenses in an emergency fund, up from her previous eight months’ recommendation.
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Amazon's stock has basically priced in elevated inflation and a potential recession, Jefferies long-time tech analyst Brent Thill says, meaning that it's an attractive investment.
There's no guarantee these Buffett stocks will take off. But the chances appear to be pretty good.
Altria's dividend yield may sound too good to be true, but investors should take a closer look at its financials and business.
Former President Donald Trump on Monday sued CNN, seeking $475 million in damages, saying the network had defamed him in an effort to short-circuit any future political campaign.
WASHINGTON (Reuters) -Boeing Co does not anticipate winning approval for the 737 MAX 10 before next summer, according to a Federal Aviation Administration (FAA) letter sent on Monday that intensifies concerns about the company's timeline for deliveries. Boeing faces a December deadline to win regulatory approval for the MAX 10, which is slightly larger than current 737 MAXs in service, as well as for a smaller variant, the MAX 7. Unless it gains an extension from Congress, Boeing must meet new modern cockpit-alerting requirements that could significantly delay the planes' entry into service.
Yahoo Finance Live anchor Seana Smith looks at several trending stocks in the after-hours trading session.
Over the weekend, the South American nation held the first round of its 2022 presidential election, and former President Luiz Inacio Lula da Silva was ahead in the polling -- and investors are cheering. As of 10:45 a.m. ET Monday, shares of Brazilian oil giant Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A) (aka Petrobras) were up 12.4%, while electric and gas utility Companhia Energetica de Minas Gerais (NYSE: CIG) had gained 14.6%, and water utility Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) (aka "Sabesp") was leading the whole Brazilian stock market higher with a 22.5% gain.
Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, increased our Bitcoin holdings by 277 in the period ending September 30, bringing our total self-mined holdings to 8,388 Bitcoin.
Stocks came storming out the gates in October’s first session as if in a hurry to leave a brutal September well behind. Investors will be hoping the rally is more than a one-off after the storm of headwinds - a combination of high inflation, rising interest rates, and slowing economic activity - have hit the markets hard this year. The tech sector has been especially vulnerable. The NASDAQ closed out the third quarter with three consecutive weeks of losses and is still down 31% for the year. But
Recently, Zacks.com users have been paying close attention to Medical Properties (MPW). This makes it worthwhile to examine what the stock has in store.
Upstart stock has in fact collapsed by 95% and is once again trading at around $20. To understand why, let's take a look at what the company does and how its recent stock-price drop could be a buying opportunity. Banks tend to rely heavily on Fair Isaac's FICO credit scoring system, which looks at a borrower's payment history and existing debts (among other things) to determine their ability to service a loan.
The market has been sniffing out a cyclical downturn for the semiconductor industry for a while now, and memory-chip maker Micron Technology (NASDAQ: MU) is finally confirming that it's here. Micron did report record annual revenue for its recently completed 2022 fiscal year ($30.8 billion, an 11% increase from 2021), but the final quarter of the year (ended Sept. 1) was a dud. Ahead of this tumble in sales, Micron's stock price tanked 44% so far in 2022.
(Bloomberg) -- Tesla Chief Executive Officer Elon Musk drew the wrath of Ukrainians from the president on down for Twitter posts urging Ukraine to seek a negotiated solution to the invasion by Russia and to cede Crimea for good.Most Read from BloombergElon Musk Sets Off Uproar in Ukraine by Tweeting His ‘Peace’ PlanNorth Korea Fires Missile Over Japan for First Time Since 2017Trump Asks to Push Special Master Appeal Hearing to JanuaryStocks Rise From the Ashes in Best Day Since July: Markets Wra
Yahoo Finance Live anchors discuss a Goldman Sachs analyst's decision to upgrade Wells Fargo stock to Buy and downgrade Citigroup stock to Neutral.