The Commerce Department dialed up pressure on foreign actors that could undermine American national security interests.
Coming up this week: home price updates, the Fed's preferred inflation gauge, and Jerome Powell's town hall event.
Wall Street doubts Google will pull its business, but the stock’s big run has made the chip maker more sensitive to market fears.
Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.
Widely held Chinese stocks like the e-commerce names have been highly sensitive to economic data and news out of the distressed property sector.
Learn which investing and wealth management firms earn top trust scores for financial soundness, data security, customer service and more.
Higher interest rates have washed away much of the wackiness. Two years ago, the Federal Reserve was targeting a core interest rate of 0% to 0.25%. Meanwhile, prices for ordinary investments are as agreeable as they’ve been in years, with the possible exception of a handful of U.S. stocks.
Is it best to work with an advisor who’s independent or part of a large firm? I am not investment savvy and I’m entering retirement. I need to make sure I hire someone or a firm that is going to help and maybe is somehow insured. -Sharon That's a great question, Sharon. I'll provide some […] The post Ask an Advisor: Is it Better to Work With an Independent Advisor or One From a Large Firm? appeared first on SmartReads by SmartAsset.
(Bloomberg) -- Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesIndia-Canada Clash Should Be a Wake-Up CallChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Climb, Bonds Fall as Fed Talk Digested: Markets WrapHollywood Screenwriters Reach Deal to End Five-Month StrikeBloated prices can
Investors have been buoyed this year by the fact that a mooted recession has failed to materialize. However, Morgan Stanley’s chief U.S. equity strategist, Mike Wilson, says that it does not mean the prospect of one taking place has completely evaporated. “While the investor sentiment pendulum on a recession arriving in 2023 has swung from roughly ’70/30′ to ’30/70′ over the past 6 months based on our dialogue, there is more debate on whether we have avoided it altogether – i.e., soft/no landing
It's been a rough half of the year for the S&P 500 — with it slipping nearly 3%. But that's not stopping analysts from bullish calls.
I am in a quandary about how to invest $750,000 that’s in my 401(k). I'm 67 years old, retired and I have not started taking Social Security yet. What is the best way to preserve this money for the rest of my life that doesn't have high fees? -Terry As you know, the big challenge […] The post Ask an Advisor: I’m 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life? appeared first on SmartReads by SmartAsset.
Analysts are changing their tune on Tesla third-quarter delivery estimates, cutting predictions just days before the EV giant is expected to release quarterly delivery data. With Tesla likely to report its Q3 deliveries on Monday, Oct. 2, Wall Street is predicting the number will undercut the EV giant's record-setting 466,140 vehicles in Q2. Since the end of July, analysts had forecast Tesla's Q3 would outpace the second quarter.
Tap four stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include AMC Entertainment (AMC), Scholar Rock (SRRK), PTK Acquisition (VLN), OI Glass (OI) and Sera Prognostics (SERA).
U.S.-listed Chinese stocks have struggled amid weaker China economic data. Here are the five best China stocks right now.
“Summer’s going fast, night’s growing colder,” in the words of the late Neil Peart. According to Jason Draho, head of Americas asset allocation for UBS Global Wealth Management, this sentiment applies to the current market conditions as well. Draho perceives a current market heatwave, mirroring the weather, and anticipates the possibility of a cooler fall should the Fed show its intentions on paring back its anti-inflationary tight money policy. It’s a bit of a confusing picture. Inflation is lo
Cash investments are seeing some of the largest yields in more than decade.
Is it wise to start converting my 401(k) into an IRA (and then Roth) by 10% per year in order to avoid having to claim too much income each year when converting and also avoid RMDs as much as I can? -Cathy It's definitely smart to be thinking about this, Cathy. Systematic Roth conversions like […] The post Ask an Advisor: Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs? appeared first on SmartReads by SmartAsset.
The S&P 500 is up 12.5% so far in 2023, even with the market correction. But an equal-weight ETF is up just 1%. Nvidia leads the index's big winners.
Microsoft’s opportunities with artificial intelligence are enough for an analyst at Guggenheim to upgrade his rating on the stock, but near-term uncertainties keep him from becoming bullish on the tech giant. Guggenheim analyst John DiFucci upgraded shares of Microsoft (ticker: MSFT) to Neutral from Sell on Monday and removed his previous $232 price target on the stock.