The debt crisis is here, Nouriel Roubini says. Expect central banks to wimp out in their fight against inflation as financial distress deepens
Only about one in four retirees has not experienced any kind of shock event in retirement, according to a study from the Society of Actuaries. “With retired clients, one of the bigger items that we talk about is how many months of distributions we want to set aside for extra money for unforeseen, or irregular expenses,” said Peter T. Palion, certified financial planner and president of Master Plan Advisory in East Norwich, New York. This is one of the most unforeseen expenditures in retirement, and includes the medical needs of a spouse, parent, child or grandchild, says Spencer Betts, a certified financial planner, chief compliance officer and financial consultant at Bickling Financial in Lexington, Massachusetts.
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Starting in 2020, cruise ships were the site of massive COVID-19 outbreaks. With its cruise ships parked and annual revenue falling to as low as $1.9 billion in 2021 (from $20.8 billion in 2019), Carnival sold 19 ships, tapped debt markets, and turned to equity dilution to raise the capital it needed to survive the crisis.
There's no guarantee these Buffett stocks will take off. But the chances appear to be pretty good.
Former President Donald Trump on Monday sued CNN, seeking $475 million in damages, saying the network had defamed him in an effort to short-circuit any future political campaign.
Berkshire Hathaway Vice Chairman Greg Abel, the likely successor to CEO Warren Buffett, bought about $68 million of the company’s shares last Thursday in what appears to be his first purchases of Berkshire stock since he assumed the position in 2018. In several Form 4 filings Monday with the Securities and Exchange Commission, Abel disclosed that he purchased 168 Berkshire Hathaway (ticker: BRK/A, BRK/B) Class A shares through the Gregory Abel Revocable Trust on behalf of his wife, children, and other family members. Abel paid in a range of roughly $405,000 to $408,000 per class A share for the Berkshire stock, which closed Monday at $413,300, up 1.7% on the session.
Stocks came storming out the gates in October’s first session as if in a hurry to leave a brutal September well behind. Investors will be hoping the rally is more than a one-off after the storm of headwinds - a combination of high inflation, rising interest rates, and slowing economic activity - have hit the markets hard this year. The tech sector has been especially vulnerable. The NASDAQ closed out the third quarter with three consecutive weeks of losses and is still down 31% for the year. But
Altria's dividend yield may sound too good to be true, but investors should take a closer look at its financials and business.
The latest restrictions follow years of efforts to prevent China from manufacturing cutting-edge semiconductors.
Yahoo Finance Live anchor Seana Smith looks at several trending stocks in the after-hours trading session.
Buy and hold forever? Not always.
Qualifying Californians will receive relief payments via direct deposit or debit card starting this Friday.
Shares of large-cap oil and gas producers Chevron (NYSE: CVX), Occidental Petroleum (NYSE: OXY), and Devon Energy (NYSE: DVN) were in rally mode today, up 5%, 5.4%, and 7.9%, respectively, as of 11:24 a.m. ET. While many stocks were higher today, oil and gas stocks were particularly strong ahead of the upcoming OPEC+ meeting this week. Over the weekend, The Wall Street Journal reported OPEC+ participants would discuss production cuts at the upcoming meeting to offset falling prices, with the potential for a surprisingly large cut in the offing.
Recently, Zacks.com users have been paying close attention to Medical Properties (MPW). This makes it worthwhile to examine what the stock has in store.
Dow Jones futures were little changed ahead of Tuesday's open. A new stock market rally attempt started Monday, as the Dow Jones industrials surged.
Due to its color and skyrocketing market value, many have coined lithium "white gold." Those with exposure to the metal are in a stellar position to reap the rewards from a booming EV landscape.
These supercharged income stocks, with yields ranging from 8% to 9.3%, are ripe for the picking by opportunistic investors.
Over the weekend, the South American nation held the first round of its 2022 presidential election, and former President Luiz Inacio Lula da Silva was ahead in the polling -- and investors are cheering. As of 10:45 a.m. ET Monday, shares of Brazilian oil giant Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A) (aka Petrobras) were up 12.4%, while electric and gas utility Companhia Energetica de Minas Gerais (NYSE: CIG) had gained 14.6%, and water utility Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) (aka "Sabesp") was leading the whole Brazilian stock market higher with a 22.5% gain.
(Bloomberg) -- A bullish start to the fourth quarter deepened in global markets, lifting US index futures and Treasuries, as investors wagered the end of monetary tightening is mere months away. The dollar slid for a second day.Most Read from BloombergElon Musk Sets Off Uproar in Ukraine by Tweeting His ‘Peace’ PlanNorth Korea Fires Missile Over Japan for First Time Since 2017Trump Asks to Push Special Master Appeal Hearing to JanuaryStocks Rise From the Ashes in Best Day Since July: Markets Wra