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Yahoo Finance Plus Stock Market Rally Revs Higher As Congress OKs Debt-Ceiling Deal, Fed Rate-Hike Odds Fall: Weekly Review
The stock market rally advanced strongly and broadly this week, as a debt-ceiling deal cleared Congress and Fed rate hike odds tumbled.
The stock market rally advanced strongly and broadly this week, as a debt-ceiling deal cleared Congress and Fed rate hike odds tumbled.
Berkshire Hathaway Inc. Chairman and CEO Warren Buffett is immensely wealthy and notoriously frugal. His frugality isn't for personal gain. He has given billions to various charities and signed the Giving Pledge, affirming that over 99% of his fortune will be dedicated to philanthropic causes during his life or upon his passing. Microsoft Corp. Co-Founder Bill Gates, one of Buffett's close friends, recalls an incident in the 2017 annual letter posted on Gates Notes. During a trip to Hong Kong, t
(Bloomberg) -- The Keystone crude pipeline, a vital artery transporting Canadian oil to markets in the US and overseas, is operating at about half of its capacity Wednesday after being halted for maintenance work. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapAlmost Anyone Can Become the House Speaker, Except Donald TrumpFootball’s World Cup Is Coming to North Africa for First TimeMcCarthy Ouster
Rivian stock tumbled late as the EV startup said it will offer $1.5 billion worth of convertible debt. Shares surged in Wednesday's session.
President Biden is providing $9 billion in forgiveness for 125,000 borrowers as loan payments resume.
Here are the details on Costco’s deal – and what a key investor says to buy instead.
An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism can decrease the individual’s asset count for Medicaid eligibility, presenting a way to potentially conserve wealth and secure necessary medical care. However, like all […] The post Does Putting Your Home in a Trust Protect It From Medicaid? appeared first on SmartReads by SmartAsset.
Following the Federal Reserve's 11 interest rate hikes, many experts have expressed concerns about the impact of higher rates on the American economy. According to Bill Ackman, CEO of Pershing Square Capital Management, the economy is starting to slow. "I think the level of real interest rates is high enough to slow things down, you know, high mortgage rates, high car rates, high credit card rates, they're starting to really have an impact on the economy," he said in a recent CNBC interview. "Th
Tesla is one of the most recognizable brands in the world. Not only is Tesla a leader in the electric vehicle (EV) space, but its CEO — Elon Musk — is a polarizing figure who continually finds himself in the public eye. The company started on July 1, 2003, and launched its first vehicle, the Roadster, in 2008. That was followed by the Model S in 2012, the Model X in 2015 and the Model 3 in 2017. Today, Tesla Inc. is the most valuable automaker in the world, thanks in large part to its 59% U.S. E
Bank CEOs, hedge fund billionaires and central bank officials predict interest, T-bill yield and the U.S. economy.
Pioneer Natural Resources (PXD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Expect lower oil demand in the fourth quarter.
Millions of Americans rely on Social Security benefits for all, or a portion, of their retirement income. Up to 85% of Social Security benefits are subject to federal income tax, depending on your total household income. However, Fidelity recently presented options for taxpayers to reduce how much they pay in taxes on Social Security benefits. […] The post You May Be Paying Too Much in Taxes on Your Social Security Benefits. Here's How to Lower Them appeared first on SmartReads by SmartAsset.
U.S. oil prices and energy stocks, including ExxonMobil along with Warren Buffett-backed Chevron and Occidental Petroleum, fell Wednesday as the Energy Information Administration's (EIA) reported crude oil inventories decreased by more than 2 million barrels last week, but swelling gasoline stockpiles.
Americans remain sharply divided in their preferences for soft drinks, but in the quaint town of Quincy, Florida, the taste of Coca-Cola is undisputedly favored. This preference isn’t just about flavor but has deep roots in the town’s history and its rise of “Coca-Cola millionaires.” In 1919, Coca-Cola made its debut on the public market. Those fortunate enough to purchase a share at its initial price of $40 and continuously reinvest its dividends would be looking at a value of over $10 million
Rates on 30-year mortgages have jumped two days in a row, adding almost a third of a percentage point and setting a new 23-year high in 8% territory.
Cathie Wood's flagship ETF is crumbling and giving investors multiple warning signs. Several of its stocks have recently pulled it down.
BYD already beats Tesla when it comes to total sales. Now it's closing the gap on purely battery-powered cars as well.
Energy Transfer LP (ET) closed at $13.55 in the latest trading session, marking a -1.67% move from the prior day.
There's a bright side to the S&P 500's recent slide. Some stocks are set up for likely gains, at least according to a Morningstar strategist.
I am 48 years old. I made $310,000 last year and I currently have $546,000 in my retirement plan at work. My husband is on disability and doesn't work and does not have a 401(k) plan. I wanted to open a Roth IRA but I read that I make too much money. What options do […] The post Ask an Advisor: I Made $310,000 Last Year and Have $546,000 in Retirement Savings, But My Spouse Doesn’t Work. How Can I Save More? appeared first on SmartReads by SmartAsset.