Tesla's Musk says Shanghai plant's cars are of highest quality

Fortune
Charlie Munger warned that a mega-mansion can make you ‘less happy.’ He lived in the same modest house for seven decades
The billionaire investor watched rich friends build “really fancy houses," but "in practically every case, they make the person less happy, not happier."
12h ago
USA TODAY
'We do not have insurance. We have an insurance bill': Condos hit with 563% rate increase
Tom Baker has written to all 160 Florida state lawmakers as well as 15 news organizations about condo owners dealing with huge insurance rate hikes.
21h ago
Business Insider
Saudi Arabia could 'flush' the oil market with a flood of supply to regain control over prices in the face of rising US production, crude expert says
"We've more or less been saying potentially Saudi needs to just flush this thing out."
1d ago
Fortune
Broadcom CEO tells VMWare workers to ‘get butt back to office’ after completing a $69 billion merger of the two companies
Broadcom CEO Hock Tan was unsparing in his expectations about remote work during a meeting with his new employees.
18h ago
Business Insider
'It's time for a correction': The bull market in stocks may be on its last legs as consumers start to tap out
"The VIX is at 13, everyone's really happy, and it's time for either a correction or some sort of pullback as we enter the new year," Chris Harvey said.
1d ago
Business Insider
Here's a complete rundown of Wall Street's 2024 stock market predictions
From a potential economic recession to continuation of the ongoing bull market, here's what Wall Street expects to happen next year.
1d ago
SmartAsset
Ask An Advisor: I'm Selling My House and Netting $400k to ‘Pay Off My Retirement Home.' Do I Have to Pay Capital Gains Tax?
I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the money I netted? – Thomas The answer is solidly "it depends," both in terms of whether […] The post AAA: I’m Selling My House and Netting $400k to ‘Pay Off My Retirement Home.’ Do I Have to Pay Capital Gains Tax? appeared first on SmartReads by SmartAsset.
2d ago
Investopedia
This New Checking Account Pays an Amazing 7.23%—No Debit Purchases Needed
The top nationwide savings account pays 5.40%, and the best CD is offering 5.88%. So what’s the catch on this checking account that’s paying well over 7%?
1d ago
Investor's Business Daily
December Looks Great For Investors Who Own 9 Stocks
Investors can only hope stocks do as well in December as they did in November. There are definitely some S&P 500 stocks that glisten.
2d ago
Business Insider
No one wants dividend stocks anymore as investors chase the tech rally
Investors purchased more than $100 billion worth of dividend ETFs from 2021 through 2022, compared to less than $1 billion worth in 2023.
1d ago
The Wall Street Journal
The Surprise Bill Coming to Those Who Underpay Their Taxes
The IRS is charging 8% interest on estimated shortfalls, up from 3% two years ago, one of the many effects of rising interest rates.
5h ago
Barrons.com
Gold Just Hit a Record High. Don’t Buy the Metal, Buy These Stocks Instead.
Investors tend to flock to gold during periods of global turbulence, while lower yields also make it more attractive. But there’s a better way to play it.
2d ago
Reuters
Tax-loss selling, 'Santa rally' could sway U.S. stocks after November melt-up
As U.S. stocks sit on hefty gains at the close of a rollercoaster year, investors are eyeing factors that could sway equities in the remaining weeks of 2023, including tax loss selling and the so-called Santa Claus rally. The key catalyst for stocks will likely continue to be the expected trajectory of the Federal Reserve's monetary policy. Evidence of cooling economic growth has fueled bets that the U.S. central bank could begin cutting rates as early as the first half of 2024, sparking a rally that has boosted the S&P 500 19.6% year-to-date and taken the index to a fresh closing high for the year on Friday.
1d ago
Benzinga
Wall Street banker pays $2 million sight unseen for coal mine then discovers it's filled with $37 billion worth of rare Earth elements
Former Wall Street banker Randall Atkins got a lot more than he bargained for when he paid $2 million for a Wyoming coal mine without even seeing it in 2012. At the time, he planned to make money selling coal from his mine to other plants. That was before he conducted a study in conjunction with the Department of Energy and discovered he was sitting on a treasure worth more than the gross domestic product (GDP) of some small countries. It turns out that his coal mine was also home to an estimate
1d ago
Business Insider
JPMorgan's quant guru has issued Wall Street's lowest S&P 500 price target for 2024
"While it is difficult to pin down the start date and depth of a recession ahead of time, we think it is a live risk for next year," JPMorgan said.
1d ago
Barrons.com
Nvidia and 2 Smaller AI Stocks That Look Undervalued. They Could Be Big Winners.
Nvidia is the clear—and most obvious—beneficiary from the AI buildout but there are two other companies that are less well known to investors that should equally benefit in the year ahead.
2d ago
Reuters
Exclusive-Boeing eliminated from US Air Force's 'Doomsday Plane' competition
The U.S. Air Force has eliminated Boeing from its competition to develop a successor to the E-4B Nightwatch, Boeing confirmed on Friday, shaking up the battle to build the next version of the aircraft known as the "Doomsday Plane" due to its ability to survive a nuclear war. The move leaves privately-held defense contractor Sierra Nevada Corp as the lone company publicly vying for the Survivable Airborne Operations Center (SAOC) contract to eventually replace a fleet that has been in use since the 1970s. The Air Force, which plans to award a SAOC contract in 2024, declined to comment on whether other firms had submitted bids.
1d ago
SmartAsset
Study: Too Many Americans Are Making This Retirement Mistake
The very essence of a retirement nest egg lies in the concept of patient growth and compounding of investments over time. Its purpose is to offer a bountiful reserve of funds when one bids farewell to the workforce, ensuring a … Continue reading → The post Alarming Number of Working Americans Cash Out Retirement Accounts When Changing Jobs appeared first on SmartAsset Blog.
16h ago
Investopedia
Best Dividend Stocks for December 2023
The top stocks for dividends in December 2023 include B. Riley Financial Inc. (RILY), a financial service provider; DallasNews Corp. (DALN), a news publisher; Green Plains Partners LP (GPP) is a fuel storage company; Cohen & Company Inc. (COHN), an investments manager; Frontline PLC (FRO), a transporter of crude oil; Monroe Capital Corp. (MRCC) a business financing company; Natural Health Trends Corp. (NHTC); a lifestyle product supplier; Oxford Square Capital Corp. (OXSQ), a business development company; and Portman Ridge Finance Corp. (PTMN), a business loan provider. Below, we look at the top 10 dividend stocks listed on either the New York Stock Exchange (NYSE) or Nasdaq as measured by forward dividend yield, excluding companies with payout ratios that are either negative or over 100%.
1d ago
SmartAsset
8 Tax Breaks Retirees Can Use in 2024
Imagine evenings spent on a sandy beach, weekends filled with family gatherings and afternoons engaged in hobbies. This or a number of other scenarios could be your retirement life. However, if you’re not properly prepared for taxes then it might end up taking more than you planned for from your fixed income. Luckily, the federal […] The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset.
17h ago

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Tesla's Musk says Shanghai plant's cars are of highest quality

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