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.
Energy Transfer LP (ET) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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.
Yahoo Finance’s Jared Blikre joins the Live show to break down Intel’s latest earnings report.
Tesla's (NASDAQ: TSLA) surprise earnings beat last night was shaking up the electric vehicle (EV) industry this morning, as shares of solid-state batteries researcher QuantumScape (NYSE: QS) tumbled 1.5% through 11:15 a.m. ET, but Tesla's Chinese rivals Nio (NYSE: NIO) and Xpeng (NYSE: XPEV) gained 2.7% and 3.4%, respectively. Tesla surprised investors by reporting $1.19 per share in profits on sales of $24.3 billion -- beating on both the top and bottom lines despite cutting prices on its electric cars over the past couple months.
Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all U.S. farmland in his 11th appearance in an “Ask Me Anything” (AMA) session on Reddit. What Happened: Gates, answering dozens of questions over the course of a few hours during the AMA, including: “Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?” In respon
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.
Chevron will launch a massive $75 billion share buyback and raise its dividend, the Dow Jones energy giant announced late Wednesday. The news comes ahead of fourth-quarter earnings due on Friday. Chevron stock advanced Thursday.
The last year has been mixed for Apple, down about -10% on the year, but still outperforming the market
Yahoo Finance Live anchor Seana Smith looks at several stocks trending in the after-hours trading session.
Berkshire Hathaway CEO Warren Buffett is widely considered one of the best stock pickers of all time, and for good reason. Here are three top Buffett stocks that could make you richer in 2023 and beyond. Ally Financial (NYSE: ALLY) is an automotive-oriented online bank.
2023 is shaping up to be a rough year for Americans and Barry Sternlicht has a timeline for when a recession might reach our shores.
Novavax Inc said on Thursday it would require six months to produce a COVID-19 vaccine designed to match whichever coronavirus variants are circulating for an annual immunization program each fall season in the United States. The company suggested that the U.S. Food and Drug Administration select the prevalent variant of coronavirus in the first quarter each year, similar to the model employed to choose the composition for annual flu shots. The FDA in documents released on Monday proposed June for deciding on an annual COVID shot's make-up.
While the overall stock market direction so far this year remains up, the path ahead still presents plenty of potential headwinds. Inflation has yet to be properly tamed, the geopolitical map remains uncertain with Russia’s invasion of Ukraine still ongoing and Covid variants could reappear at any time. Add in the prospect for a fiery battle in Congress around raising the debt ceiling, and Oppenheimer’s Chief Investment Strategist John Stoltzfus thinks market volatility is “unlikely to leave the
The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds
For Motley Fool contributor Jamie Louko, the case for owning Upstart (NASDAQ: UPST) comes down to just one metric. And so far, this AI-powered company is delivering. *Stock prices used were the midday prices of Jan.
Intel Corp. shares dropped more than 9% in the extended session Thursday after the chip maker reported a big miss for the fourth quarter, forecast a loss for the first quarter, said the data-center market was contracting and that inventory digestion will gnaw at margins.
After being shunned for most of 2022, the mortgage real estate investment trust (REIT) sector regained some popularity as investors sensed the Federal Reserve's tightening cycle is wrapping up, which will remove a major headwind for the sector. The two biggest mortgage REITs, AGNC Investment (NASDAQ: AGNC) and Annaly Capital Management (NYSE: NLY), have mounted quite the rally over the past several months. The idea is that rental income will cover the interest costs on the debt the REIT used to finance the property.
(Bloomberg) -- Intel Corp. gave one of the gloomiest quarterly forecasts in its history after a personal-computer slump ravaged the chipmaker’s business, sending shares tumbling and further setting back turnaround efforts.Most Read from BloombergHindenburg vs Adani: The Short Seller Taking On Asia’s Richest PersonNYSE Mayhem Traced to a Staffer Who Left a Backup System RunningWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedHindenburg’s Short Sell Call Shaves $12 Billion Off Ad
(Bloomberg) -- What happens when you ask the hottest AI tool in the world to design an ETF that can beat the US equity market? It tells you the same thing every frustrated stock manager does.Most Read from BloombergHindenburg vs Adani: The Short Seller Taking On Asia’s Richest PersonNYSE Mayhem Traced to a Staffer Who Left a Backup System RunningWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksIn a bid to see how c