“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
Federal Reserve chair Jerome Powell may offer his take later this morning for updated core PCE inflation data.
In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market capitalization of all actively traded U.S. stocks to the latest estimate of quarterly gross domestic product (GDP). Buffett, in a 2001 Fortune magazine article shared by CNN Money, described it as “probably the best single measure of where val
U.S. prices increased moderately in February and the cost of services outside housing slowed considerably, keeping a June interest rate cut from the Federal Reserve on the table. The personal consumption expenditures (PCE) price index rose 0.3% last month, the Commerce Department's Bureau of Economic Analysis said on Friday. Data for January was revised higher to show the PCE price index climbing 0.4% instead of 0.3% as previously reported.
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
The super-successful hedge fund manager likes several AI stocks.
Should you go with the tobacco giant, the struggling healthcare REIT, or neither?
Stock-market investors get a key piece of economic data on Good Friday, but won’t be able to trade on it.
Trump Media & Technology Group soared as much as 14% on Wednesday.
Wood is sounding the alarm on Nvidia following its meteoric rise.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
“She worked for 25-plus years as a county nurse and, as such, she has a healthcare plan and a great pension, both for life.”
One common thread runs between Boeing CEO Dave Calhoun's departure and the death knell for GE next week: Jack Welch. Veteran financial journalist Allan Sloan notes that of the CEOs Welch mentored, four succeeded while 13 failed.
The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. GE shareholders get one share of Vernova for every four GE shares held. The GE Aerospace value is down from about $147.30 at Wednesday’s close, off 4%.
The latest update to the Federal Reserve’s preferred price gauge on Friday should confirm a bumpy start to the year on the inflation front. The central bank is taking a wait-and-see approach to lowering interest rates this year as it assesses whether progress on reducing inflation to its 2% annual target has stalled. Fed officials’ preferred measure of inflation is the core personal consumption expenditures price index, due at 8:30 a.m. on Friday as part of the Bureau of Economic Analysis’ personal income and outlays report.
Cathie Wood just increased her long-term price target for Bitcoin by a mind-boggling amount.
Here's what could happen to gold prices next.
This stock might just spice up your dividend portfolio.
SBF's legal team claimed FTX customers suffered "zero" losses when the crypto exchange collapsed. The judge rejected the argument "entirely."
Could there be a magic number Costco's management has in mind before doing a stock split?