The stock market was modestly higher Wednesday at midday as it prepared for what could be the final interest-rate increase in the Fed's headlong campaign to bring down inflation. Meantime, economic data showed strength, and earnings reports drove big moves. The Nasdaq whittled down its gain to 0.2% at midday, while the S&P 500 was up a fraction.
Analysts say that the arrival of cheaper, more convenient obesity pills could mean much broader access for patients, and eventually a larger market.
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
Startup Flipturn really was named for the swimming maneuver. Now it wants to make trucking electrification just as smooth. The post Flipturn swims into fleet electrification integration appeared first on FreightWaves.
The Dow Jones rose as House Speaker Kevin McCarthy made a government shutdown pledge. A Warren Buffett stock is near an entry. Nvidia rose.
President Joe Biden recently made history by being the first sitting president to join striking autoworkers on the picket line. Speaking through a bullhorn outside a General Motors Co. plant in Michigan, Biden voiced his support for the United Auto Workers union strike. "Wall Street didn't build the country. The middle class built the country, and unions built the middle class. And that's a fact. So, let's keep going," he said. "You deserve what you've earned, and you've earned a hell of a lot m
Along with the markets’ recent pullback, so has Cathie Wood’s flagship Ark Innovation ETF (ARKK) handed back some of the year’s prior gains. Nevertheless, it has still outpaced the broader markets this year. And despite growing bearish macro concerns, looking at how Wood expects the landscape to shape up, the ARK Invest CEO is optimistic her innovation-first approach will continue to deliver. “I do think that what’s happening this year is that the market is starting to look over the Fed’s moves…
NVIDIA, e.l.f. Beauty, Walt Disney, Walgreens Boots Alliance and Cintas are part of the Zacks Market Edge blog.
The Equal Employment Opportunity Commission is suing electric vehicle maker Tesla for a pervasive pattern of racial abuse at a California plant.
(Bloomberg) -- Structure Therapeutics Inc. jumped to a record high Friday after new data on its oral weight-loss drug fueled expectations that the San Francisco-based company is closing the gap with larger competitors such as Pfizer Inc.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Europe’s Richest Royal Family Builds $300 Billion Finance EmpireTop Chinese Scientist Claims India Moon Landing Nowhere Near South PoleUAW Aims For At Least 30% Wage Bump to Woo
Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?
Think 4.6% yields on 10-year Treasuries look good? Market pros found safe ways you can do even better using bond ETFs.
Artificial intelligence (AI) has become the hottest trend in the tech sphere. Just take a look at Nvidia Corp. (NASDAQ:NVDA), which has been one of the biggest beneficiaries of investors' increasing enthusiasm for AI. Shares of the chip-making giant have surged 191% year to date, allowing the company to cross $1 trillion in market cap. But according to ARK Invest CEO Cathie Wood, there could be better ways to gain access to the booming sector. "We're really focused on those companies that most p
Vladimir Putin will be unable to protect citizens from the pain
Pending home sales for August plunged 7.1% from the month before, according to the National Association of Realtors.
Solita Marcelli, chief investment officer for the Americas at UBS, reasons that gold's benefits as a safe haven remain intact.
Congress could soon change how spouses access their retirement accounts. A pair of Democratic bills recently introduced in the House and Senate would require spouses to consent before either one can make any withdrawals from their 401(k) accounts. The bills, sponsored by Rep. Lauren Underwood, D-Illinois, and Sen. Tammy Baldwin, D-Wisconsin, seek to amend the […] The post Spouses May Soon Need to Agree on 401(k) Withdrawals Under This Proposed Law appeared first on SmartReads by SmartAsset.
Based on the average brokerage recommendation (ABR), Energy Transfer LP (ET) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Costco said it's now selling 1-ounce gold bars, but can't keep them in stock because of strong demand.
Cryptos have languished at depressed levels for more than a month. Some analysts see a possible U.S. government shutdown as a catalyst for action.
401(k) contribution limits should continue their upward climb in 2024, according to a recent projection by Mercer. However, easing inflation now means lower forecasts for 401(k) and other retirement plan contribution limits for next year. After rising substantially from $20,500 in 2022 to $22,500 for 2023, Mercer projects the annual cap to go up just […] The post 401(k) Contribution Limits Projected to Rise Again in 2024: How to Plan Ahead appeared first on SmartReads by SmartAsset.
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