Biden Says He's Not to Blame for Rising Inflation

TheStreet.com
Four Banks Collapsed. Worries About Two Others Persist. Will They Fall?
For the third consecutive week, the weekend promises to be decisive for the banking sector, as investors fear that Silicon Valley Bank's difficulties will spread. On March 10 regulators had to shut down the bank, resulting in the second-biggest bank failure in American history, after the collapse of Washington Mutual in the financial crisis of 2008. The crisis also reached Europe, pushing the Swiss government to force UBS to urgently buy its compatriot Credit Suisse for the modest sum of $3.24 billion.
14h ago
Barrons.com
Charles Schwab Stock Got Hit in the Bank Mess. Be Careful.
The brokerage’s stock has plunged by more than a third this year as customers yank cash from low-yielding “sweep” accounts. What’s ahead.
12h ago
TipRanks
Seeking at Least 7% Dividend Yield? Goldman Sachs Suggests 2 Dividend Stocks to Buy
Since the banking crisis began, investors have been looking toward the Federal Reserve. The central bank’s move on interest rates had been widely anticipated, and investors were eager for a sign to indicate whether the Fed saw inflation or a bank run crisis as the greater threat. With central bank’s announcement of a 25 basis point rate hike, or 0.25%, the impression is that the Fed has tried to take a middle path, and is slowing its interest rate policy to calm the banking sector while not aban
20h ago
The Wall Street Journal
Here’s What Retirement With Less Than $1 Million Looks Like in America
Total household balances in retirement accounts for those 55 to 64 years old are $413,814 on average, according to its estimates based on 2019 data, the most recent available. “For many, the expectation of retirement doesn’t match the facts of their everyday financial lives,” said Larry Raffone, chief executive of Edelman Financial Engines. Dana and Elsie Jones hoped to become snowbirds in retirement, living half the year in Florida.
16h ago
Fortune
Europe will pay the price for wiping out Credit Suisse bondholders as its ex-CEO warns U.S. banks are ‘rubbing their hands’
Tidjane Thiam says the controversial decision by Swiss authorities will mean U.S. and Asian lenders could come out of banking crisis stronger.
20h ago
MoneyWise
The age of 62 remains the most popular time to claim Social Security benefits — but are most people correct? Here are the pros and cons of cashing in early
Here are the pros and cons of cashing in early — yes, early — once you hit that charmed age.
20h ago
Fortune
Couple claims JPMorgan sold $10 million of their jewelry after drilling open a safety deposit box because they didn’t pay their rent
They allege they were not given notice before their personal belongings were auctioned off.
20h ago
Bloomberg
Jack Dorsey’s Wealth Tumbles $526 Million After Hindenburg Short
(Bloomberg) -- Block Inc. co-founder Jack Dorsey’s net worth was hammered after Hindenburg Research’s latest report, which alleged the payments company ignored widespread fraud. Most Read from BloombergUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeDorsey’s fortune plunged by $526 m
1d ago
Fortune
Think Texas has a cheaper tax burden than California? Think again.
"When people are like, 'Oh California is so much more expensive than Texas,' that’s the top income tax rate."
2d ago
The Wall Street Journal
Where to Put Your Money During a Banking Crisis
Market turmoil is sending nervous investors into cash, but there are several options better than parking it in a mattress.
12h ago
TipRanks
Down More Than 50%: 2 ‘Strong Buy’ Stocks That Are Too Cheap to Ignore
When stock prices fall, opportunities open up. That’s true whether we’re talking about a general market decline, or a slip in some individual stocks. However, it is crucial for investors to conduct due diligence and investigate the reasons behind the drop in price to ensure that they are making informed investment decisions. The key to success here is recognizing when a low-priced stock is fundamentally unsound or just facing tough trading conditions. Fortunately, Wall Street’s equity analysts a
2d ago
SmartAsset
Want to Minimize Retirement Taxes? Don't Follow This Popular Strategy
If you're planning on making tax-deferred retirement accounts the last pot of money you tap after retirement, you've got a lot of company. And why not? The idea that your 401(k) or traditional IRA can keep growing and churning out … Continue reading → The post Want to Minimize Retirement Taxes? Don't Follow This Popular Strategy appeared first on SmartAsset Blog.
13h ago
MoneyWise
'It's a b----, but you gotta do it': Charlie Munger says that your first $100K is the toughest to earn — but most crucial for building wealth. Here's why it's such a magical milestone
Here's why 100K is a magic financial milestone.
2d ago
Fortune
U.S. Banks are sitting on $1.7 trillion in unrealized losses, research says. That’s not a problem—until it is
"As long as people aren't all coming in at the same time and demanding that their deposits back, you're okay, but that's exactly what's been happening," Prof. Stephan Weiler told Fortune. "So the chances of facing those unrealized losses are going up."
2d ago
The Telegraph
Deutsche Bank fears could become a self-fulfilling prophecy
The world remains on a knife-edge. After a period of relative calm following the bailout of Credit Suisse, the FTSE 100 has ended the week firmly in the red again amid another sharp sell-off in bank stocks.
3h ago
Investor's Business Daily
Market Rally Still Hasn't Done This; Microsoft, Tesla Lead 6 Stocks Near Buy Points
The market rally attempt rose in a volatile week, but hasn't broken out or broken down. Here's what to do. Microsoft and Tesla are near buy points.
11h ago
SmartAsset
Are You Rich? Biden Might Double Your Capital Gains Taxes
While social issues have dominated news coverage recently, one of the most contentious and important issues in Washington never changes - tax policy. One of former President Donald Trump's biggest victories was his 2017 tax plan that drastically reduced taxes … Continue reading → The post Are You Rich? Biden Wants to Double Your Capital Gains Taxes and Implement a Wealth Tax appeared first on SmartAsset Blog.
20h ago
Fortune
Wall Street’s ‘Dr. Doom’ sees ‘Bermuda Triangle’ of risks for economy and warns of a 2008-like crisis
“We avoided the debt crisis a couple of times...but now the game is over," economist Nouriel Roubini said in a new interview.
1d ago
TheStreet.com
Costco Makes a Big Member-Friendly Move
The warehouse club has an aggressive plan that gives it a real edge over Walmart, Target, Sam's Club, and Amazon.
9h ago
South China Morning Post
Apple CEO Tim Cook to meet top China officials amid growing risks of supply chain decoupling with the US
Apple CEO Tim Cook will be among a small group of top US executives attending a high-profile summit hosted by the Chinese government this weekend, in a show of commitment to the market amid decoupling risks and supply chain adjustments. The head of the world's most valuable company will join Jon Moeller, CEO of consumer goods giant Procter & Gamble; Stephen Schwarzman, CEO of investment firm Blackstone; and Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, at the China
1d ago

Yahoo Finance

S&P 500

Dow 30

Nasdaq

Russell 2000

Crude Oil

Gold

Silver

EUR/USD

10-Yr Bond

Vix

GBP/USD

USD/JPY

BTC-USD

CMC Crypto 200

FTSE 100

Nikkei 225

Biden Says He's Not to Blame for Rising Inflation

Recommended Stories

Four Banks Collapsed. Worries About Two Others Persist. Will They Fall?

Charles Schwab Stock Got Hit in the Bank Mess. Be Careful.

Seeking at Least 7% Dividend Yield? Goldman Sachs Suggests 2 Dividend Stocks to Buy

Here’s What Retirement With Less Than $1 Million Looks Like in America

Europe will pay the price for wiping out Credit Suisse bondholders as its ex-CEO warns U.S. banks are ‘rubbing their hands’

The age of 62 remains the most popular time to claim Social Security benefits — but are most people correct? Here are the pros and cons of cashing in early

Couple claims JPMorgan sold $10 million of their jewelry after drilling open a safety deposit box because they didn’t pay their rent

Jack Dorsey’s Wealth Tumbles $526 Million After Hindenburg Short

Think Texas has a cheaper tax burden than California? Think again.

Where to Put Your Money During a Banking Crisis

Down More Than 50%: 2 ‘Strong Buy’ Stocks That Are Too Cheap to Ignore

Want to Minimize Retirement Taxes? Don't Follow This Popular Strategy

'It's a b----, but you gotta do it': Charlie Munger says that your first $100K is the toughest to earn — but most crucial for building wealth. Here's why it's such a magical milestone

U.S. Banks are sitting on $1.7 trillion in unrealized losses, research says. That’s not a problem—until it is

Deutsche Bank fears could become a self-fulfilling prophecy

Market Rally Still Hasn't Done This; Microsoft, Tesla Lead 6 Stocks Near Buy Points

Are You Rich? Biden Might Double Your Capital Gains Taxes

Wall Street’s ‘Dr. Doom’ sees ‘Bermuda Triangle’ of risks for economy and warns of a 2008-like crisis

Costco Makes a Big Member-Friendly Move

Apple CEO Tim Cook to meet top China officials amid growing risks of supply chain decoupling with the US