Principia Biopharma Soars as Sanofi Is Said to Seek Deals
Sanofi is reportedly looking at potential acquisitions of U.S. biotechs. Principia Biopharma shares jumped on the report.
Sanofi is reportedly looking at potential acquisitions of U.S. biotechs. Principia Biopharma shares jumped on the report.
Jerome Powell was asked if he shares the Fed staff’s view that the economy is headed for a soft landing last month. “No, I would not do that,” he said.
Households that make over $200,000 annually comprise just a sliver of all tax returns that are filed in a given year, but their movement between states can have a significant financial impact. When a state loses more high-earning tax filers … Continue reading → The post Where High-Earning Households Are Moving – 2022 Study appeared first on SmartAsset Blog.
Stocks tanked right on cue in September. But nimble S&P 500 investors are still finding ways to make big money.
With an eye-popping 18.3% yield, FRO stock is among the best dividend stocks as it fuels 327% growth and a new buy point.
Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don’t find a way to make money while you sleep, you will work until you die." Don’t Miss: Elon Musk has
United Airlines pilots approved a new contract that would raise compensation by about 40%. The $10.2 billion contract is the largest deal in U.S. airline history.
Congress has passed a 45-day funding bill, avoiding a Sunday government shutdown. How will Dow Jones futures respond? Tesla deliveries loom.
Solita Marcelli, chief investment officer for the Americas at UBS, reasons that gold's benefits as a safe haven remain intact.
Supply chain issues created during the global coronavirus pandemic cost automakers billions of dollars in 2021 and prompted some companies to build domestic manufacturing facilities to solve the problem. "Never seen anything like it," Tesla CEO Elon Musk posted on the platform now known as X. "Fear of running out [of computer chips] is causing every company to overorder — like the toilet paper shortage but at epic scale." Tesla depends on Taiwan Semiconductor to produce its processors, but it's
Real estate stands as a cornerstone of wealth generation, and as 19th-century British philosopher and economist John Stuart Mill once, said, "Landlords grow rich in their sleep." Landlords don't merely collect rental income; they also reap the rewards of property value appreciation. While it's nice to collect monthly rental income from an investment property, being a landlord does come with hassles. Don’t miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup
The legal fights between Disney and Gov. Ron DeSantis ratcheted up this week. The Florida governor asked that the company's First Amendment lawsuit against him be tossed from federal court, and Disney demanded emails, texts and other communications from the governor's office in a separate state court lawsuit originally brought by DeSantis appointees of Walt Disney World's governing district. The legal filings marked an escalation in the battle between the entertainment giant and DeSantis, a candidate for the 2024 GOP presidential nomination.
Inflation has begun to cool, and that may translate to some assets. The Treasury's Series I Bonds, or " I bonds," are no longer the prized savings tool they were 12 months ago. As cost increases slowed over the past year as Federal Reserve raised interest rates, it was inevitable that this inflation-tied asset would […] The post The Series I Bond Frenzy is Dying Down. Is Now the Time to Cash Out? appeared first on SmartReads by SmartAsset.
The US dollar has rallied during the course of the week to threaten the ¥150 level but did not quite clear it.
After a run, stocks can offer a new buying opportunity with a pullback to the 50-day line. Novo Nordisk and 4 S&P 500 stocks have done that.
We’re winding up the third-quarter of 2023, and what could be more natural than to figure out the best stocks for the rest of the year? Stock picking of this sort is an essential skill for every investor, and fortunately, the Street’s analysts make it easier. They research and analyze various stocks, taking into account a wide range of factors such as company financials, market trends, and growth potential. Through their expertise, these analysts identify and highlight which stocks they believe
In a surprise turnabout following several days when a stoppage seemed all but inevitable, Congress acted with lightning speed Saturday to avert a government shutdown.
(Bloomberg) -- It was the week that bond markets finally seemed to grasp what central bankers have been warning all year: higher interest rates are here to stay. Most Read from BloombergSenate Voting on Bill to Avert US Government ShutdownOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineEurope’s Richest Royal Family Builds $300 Billion Finance EmpireWeight-Loss Drugs Estimated to Save Airlines MillionsFrom the US to Germany to
Advisors often work with high-net-worth clients and are able to understand the expectations wealthy clients have about managing their finances. The good news is that some of those takeaways can be applied to clients who are not high-net-worth individuals. Read … Continue reading → The post 4 Lessons Advisors Can Learn From High-Net-Worth Clients – That Apply to Regular Clients appeared first on SmartAsset Blog.
Questions about the strength of the economy, what the Federal Reserve plans to do next, and even the path of corporate earnings won’t be answered for months, leaving certainty-starved investors feeling like they’re walking on quicksand. The reasons for optimism start with a just-completed September, which lived up to its reputation as the toughest stretch of the year for stock investors. Over those 30 days, stock investors have had to contend with a “hawkish pause” by the Fed, a looming federal government shutdown, a jump in bond yields, and rising oil prices.
The US is in for a "serious" recession that could bring a "Category 5 hurricane" to commercial real estate, Sternlicht previously warned.