Gold prices settle at their lowest level of the year as the dollar index climbs toward a 20-year high

MoneyWise
‘We are in a recession’: Long-time bull Cathie Wood is warning investors about the ‘big problem’ in today's economy. Here are 3 stocks she likes now
The super investor still sees opportunities ahead.
4h ago
Bloomberg
Buffett’s Berkshire Pounces on Market Slump to Buy Equities
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is following an age-old adage: Buy the dip.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTurkish Banks Are Adopting Russian Payments System, Erdogan SaysYOLO Stock Bulls Say Wake Me When Fed Tightening Starts to BiteMeet the Doomsayers: Five Who Say US Economy Will Keep ShrinkingThe conglomerate was a net buyer of equities in t
1d ago
TheStreet.com
Costco May Have a Huge Workers Problem
Costco has famously been a good place to work. Costco has more than 13,000 ratings on the website, with 80% of employees recommending working at Costco. Over 2254 reviews even stated that they "love Costco because they provide you with a living wage and great benefits even working part time."
1d ago
TipRanks
Over 100% Upside: Analysts See an Appealing Entry Point in These 3 ‘Strong Buy’ Stocks
After July’s exceptional surge, the markets steadied during early August with the S&P 500 up by a third of a precent over the past week. Now investors will be keen to find out if the rally has legs. Stifel's chief equity strategist Barry Bannister thinks it does and believes the S&P 500 is on course to reach 4,400 during the year’s second half, explaining that the sell-off in 1H22 is “still being reversed.” The strategist also thinks the S&P 500’s “equity risk premium” now suggests a mid-point p
10h ago
Reuters
Berkshire CEO-designate Abel sells stake in energy company he led for $870 million
Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company's Berkshire Hathaway Energy unit for $870 million. In its quarterly report, Berkshire said the energy unit bought out Abel in June under an agreement among them and the family of the late billionaire philanthropist Walter Scott, which owns an 8% stake. Buffett's Omaha, Nebraska-based conglomerate took a $362 million charge to capital, reflecting the premium over how much the stake's value was reflected on its books.
1d ago
Simply Wall St.
Should You Buy Exxon Mobil Corporation (NYSE:XOM) For Its Upcoming Dividend?
It looks like Exxon Mobil Corporation ( NYSE:XOM ) is about to go ex-dividend in the next three days. The ex-dividend...
7h ago
The Telegraph
Jack Ma’s downfall is a symptom of Xi Jinping’s communist economy
As a Chinese success story, Alibaba is unrivalled. As its founder, Jack Ma soared in power and prestige, acquiring a global reputation that spread alongside the company’s growth into a global e-commerce giant.
13h ago
MarketWatch
My bank accidentally deposited $10K in my account. I reported it, then moved it to my savings account. Have I done enough?
‘I have made an earnest attempt to get the bank to take their money back, so I was wondering if at any point or time the money would become legally mine.’
1d ago
Barrons.com
SIGA Will Seek FDA Approval of Monkeypox Treatment When Data Is Available, CEO Says
The monkeypox outbreak has sent the drugmaker's stock up more than 200% this year, though the company’s monkeypox antiviral remains hard to access in the U.S.
12h ago
Motley Fool
1 Semiconductor Stock With 104% Upside, According to Wall Street
Advanced Micro Devices continues to deliver strong financial results, which could lead to blockbuster gains in its stock price.
8h ago
Yahoo Finance
Have the markets bottomed, and is it safe to buy? Experts weigh in
A recession? Don’t tell that to the stock market. The major averages ended positive for the week. That came after the best month for the S&P 500 since November 2020.
3h ago
Barrons.com
10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax
The tax would help fund the climate and healthcare deal proposed by Democrats. If it goes through, larger companies would bear the burden.
2d ago
SmartAsset
A Shocking Percentage of Adults Failed This Financial Quiz. Can You Do Better?
Despite the vast depth of information and education available today, financial literacy isn't improving among adults in the U.S. A financial advisor can help you improve your financial literacy to better understand your money. Find a fiduciary advisor today. On average, … Continue reading → The post 23% of Adults Got Three-Quarters of Financial Literacy Questions Wrong: Can You Get Them Right? appeared first on SmartAsset Blog.
1d ago
Bloomberg
World Series of Poker Player Charged With Spoofing Gold Market
(Bloomberg) -- A Nevada metals trader with a side gig on the world poker circuit was charged Friday with manipulating gold and silver markets using a technique called spoofing. Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTurkish Banks Are Adopting Russian Payments System, Erdogan SaysYOLO Stock Bulls Say Wake Me When Fed Tightening Starts to BiteMeet the Doomsayers: Five Who Say U
2d ago
Motley Fool
Is It Too Late to Buy These 2 Stock Split Stocks?
Stock splits have been hot lately as some top companies have decided that dividing up their stocks into smaller portions will benefit the companies and their shareholders. Whether stock splits are advantageous to anyone is debatable, but historically, splitting the stock into smaller portions at cheaper prices does tend to achieve at least an initial jump in the price. Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) both split their stocks in June, and both stocks are up around 10% since their respective stock splits as of this writing.
6h ago
TheStreet.com
Bearish Bets: 3 Stocks You Really Should Consider Shorting This Week
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Garmin Ltd. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.
5h ago
Simply Wall St.
Bank of America's (NYSE:BAC) Shareholders Will Receive A Bigger Dividend Than Last Year
Bank of America Corporation ( NYSE:BAC ) has announced that it will be increasing its dividend from last year's...
6h ago
Yahoo Finance
Inflation: Why Mohamed El-Erian is concerned about 'collateral damage'
Renowned economist Mohamed El-Erian believes inflation will come down by the end of the year but “will be sticky.”
8h ago
Motley Fool
Ford Stock Can Keep Rising After Solid July Sales
The rebound in Ford's U.S. deliveries should give investors more confidence in the underlying demand environment.
5h ago
Motley Fool
Lumen Stock Slips After Earnings Miss: Why I'm Not Worried
Inflation is putting pressure on Lumen's earnings, but the company is making progress on its long-term strategic transformation.
8h ago

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