Heavy rains hammered California over the Christmas and New Year, causing billions of dollars in damage. According to federal data, 192,404 homes in California have an insurance policy in force specifically for flooding, out of 14.5 million homes. Prior to the rains, wildfires and droughts were the prevalent pain points for homeowners in California.
Here's the latest for Thursday January 26th: Israeli raid in West Bank turns deadly; Ukraine reports new Russian attacks; 3 guns recovered in connection with Monterey Park shooting; Northern California shooting suspect charged with murder.
Yahoo Finance Live co-host Seana Smith checks out some of the stocks trending in the after-hours trading session.
Lucid (LCID) shares soared as much as 88% on Friday and were repeatedly halted for volatility following speculation that Saudi Arabia's Public Investment Fund is considering buying a remaining stake in the luxury electric vehicle startup.
Asia's richest man is rocked by a U.S. short-seller's allegations of fraud and money laundering.
STOCKSTOWATCHTODAY BLOG Lucid soared Friday, a move that is being attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubled, to $17.
Nio (NYSE: NIO), a stock that rode the electric vehicle (EV) hype in 2021, turned out to be among the biggest losers in 2022 -- it plunged 69% last year. At current prices, Nio could be a rare opportunity to buy a growth stock in a fast-growing industry. Here are the three biggest reasons why Nio stock is a solid buy right now for 2023.
Two-year U.S. Treasury notes were yielding 4.22% early Friday, while 10-year Treasury notes were yielding 3.56%. A lower long-term interest rate means investors expect to profit when a slowing economy causes the Federal Reserve to change its policy and push interest rates down. Bond prices move in the opposite direction and long-term prices are more sensitive.
Her flagship Ark Innovation ETF has lost 41% over the past year and 76% from its February 2021 peak.
Yahoo Finance anchors Dave Briggs, Seana Smith and Jared Blikre discuss BuzzFeed's skyrocketing stock amid news the company will be using A.I. to help with creating some content.
Right now, the average price for a loaf of bread is, approximately, $1.87. Under a new law proposed by House Republicans, that price would go up to more than $2.50. This would be the result of the Fair Tax Act, … Continue reading → The post Congress to Vote on Whether to Abolish the IRS and Introduce One National Tax Rate appeared first on SmartAsset Blog.
A new era is about to begin at Toyota. The reasoning of the Japanese behemoth has always been that consumers were not ready to adopt electric vehicles. As a result, Toyota favored a policy of small steps.
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
Long-term care insurance can be an important part of planning for the twilight of your life. Despite everyone hoping they'll be healthy and active until the end of their days, most of us end up needing a bit of help … Continue reading → The post Is Long-Term Care Insurance Tax Deductible? appeared first on SmartAsset Blog.
Let's see if some analysis can provide the answer to whether or not investors should consider SoFi stock right now. Today, while student financing remains a major part of its business, it offers a broad array of services, such as personal banking, investing, credit cards, and mortgages.
AT&T (NYSE: T) reported earnings this week, and while there was steady growth, a high dividend yield, and strong cash flow, the company continues to pay the price for previous investments. Travis Hoium, Jason Hall, and Jon Quast discuss the company's operations and why they're hesitant to buy the stock.
Yahoo Finance Live examines Chevron shares following a disappointing earnings report and the energy company's stock buyback program.
Billionaire investor Bill Ackman was all praise for U.S. short-seller Hindenburg Research’s report on Indian conglomerate Adani Group, calling it "highly credible" and "extremely well researched." Hindenburg’s report on Wednesday accused the conglomerate of improper use of offshore tax havens and stated it held short positions in the company via its U.S.-traded bonds and non-Indian-traded derivative instruments. Adani’s response to @HindenburgRes is the same as @Herbalife’s response to our origi
After months of talking to and reading the words of investment experts trying to find the right way to describe and forecast the U.S. economy and stock market for 2023, I’m not going to go out on a limb and say this time is different, but I am coming close: this time feels different. As I hear and read experts reaching back for market and economy parallels from the past, my experience over the past several decades has shown that every downturn, recession or crash ultimately proved to be a buying opportunity. Tell me the Federal Reserve will stick the landing, or that recession isn’t coming, and I’ll try to stifle a snort.
Zacks.com users have recently been watching Tilray Brands, Inc. (TLRY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Don't beat yourself with someone else's yardstick.
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