How Fed rate hike will impact local banks

Business Insider
Charlie Munger revealed weeks before his death the one thing he wished he had done in his lifetime
Charlie Munger of Berkshire Hathaway told CNBC just weeks ago that he would no longer bother with the bucket-list item in his old age.
20h ago
Business Insider
Charlie Munger revealed why he lived in the same house for decades instead of upgrading to keep up with his rich friends
Charlie Munger, the longtime business partner of Warren Buffett, said he lived in the same house for decades because he thought it'd be better for his kids.
20h ago
Benzinga
New Battery Crushes Tesla's Tech, Unveils A Solid-State Marvel With 300% Higher Energy Density, 15-minute Ultra-Fast Charge
In the rapidly evolving landscape of electric vehicle (EV) technology, a new player is emerging as a formidable challenger to Tesla Inc.’s dominance. QuantumScape, a Silicon Valley-based startup, is revolutionizing the EV battery market with its cutting-edge solid-state batteries. The batteries are touted to have triple the energy density of Tesla’s lithium-ion cells, significantly faster charging times and a safer, more sustainable design. QuantumScape’s leap into the future is marked by its in
2d ago
Associated Press Finance
Buffett's Berkshire Hathaway says Haslams offered bribes to inflate Pilot truck stops earnings
Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshire to pay more for the Haslams’ remaining 20% stake in the company. The Berkshire claim in a counter lawsuit filed this week comes after the Haslam family — which includes Cleveland Browns owner Jimmy Haslam and former Tennessee governor Bill Haslam — accused Berkshire of trying to understate Pilot’s earnings this year by changing its accounting practices.
9h ago
Investor's Business Daily
Four Magnificent Seven Stocks That Funds Are Now Buying In Droves
Magnificent seven stocks have had a massive rally in 2023. Four are attracting fund managers and are near buy points.
10h ago
Benzinga
Charlie Munger Revealed What Was Left On His Bucket List Before He Died — 'I Would Have Paid Any Amount To Catch A 200-Pound Tuna When I Was Younger. I Never Caught One'
Charlie Munger, a name synonymous with investment brilliance and a cornerstone in building one of the greatest fortunes in U.S. history, died Tuesday at age 99. While he may not have been a household name like his legendary partner Warren Buffett, Munger was a legend in the investment world in his own right. His approach to success was rooted in deceptively simple principles: taking simple ideas seriously, loading up on the few insights you have and maintaining a long-term investment view. This
11h ago
The Wall Street Journal
4 Lucrative Tax Deductions That Seniors Often Overlook
Many older Americans are missing out on valuable tax breaks offered by the IRS, leaving behind savings that could make a difference for their financial well-being. “The reason this is happening is because the tax code is complicated, and rules on tax exemptions are constantly changing,” says Tom O’Saben, director of tax content and government relations at the National Association of Tax Professionals in Washington, D.C. “This makes it hard for the average taxpayer to know about the array of tax breaks available to them.” Together, these changes have brought new tax breaks, diminished the use of others, and otherwise muddled the tax-filing process.
2h ago
Zacks
Snowflake Inc. (SNOW) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Snowflake Inc. (SNOW) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
5h ago
Barrons.com
Home Prices Predicted to Fall 1.7% in 2024. These Metro Areas Will See the Biggest Declines.
Home prices will fall in 2024 for the first time in more than a decade, according to one industry forecaster—but declines won’t be uniform. Sales will remain low; the supply of available homes for sale will continue to slide; and mortgage rates will average 6.8% in the new year, according to Realtor.com’s forecast published on Wednesday. The median home sale price will fall 1.7% next year after eking out an anticipated 0.2% gain in 2023, according to the forecast.
7h ago
Zacks
2 Stocks to Buy from the Rebounding Semiconductor Market
While secular growth prospects for the Semiconductor - General industry remain as bright as ever, the current optimism is related to steadily improving prospects through 2023. NVDA and INTC are our picks.
9h ago
Barrons.com
Elon Musk Tells Advertisers ‘Go F— Yourself’ Even as He Backs Away From Endorsing Anti-Semitic Tweet
The Tesla CEO and owner of social media platform X spoke at the New York Times 2023 Dealbook Summit Wednesday evening.
4h ago
SmartAsset
Ask an Advisor: We're 56 With $1.2 Million in Investments and Savings. Can We Afford to Withdraw $60k-$80k Per Year in Retirement?
My wife and I are both 56. We have around $1.2 million saved – approximately $450,000 in company 401(k)s, $650,000 in a managed account, and approximately $70,000 in personal stocks. We also have approximately $22,000 in savings. Our home is worth $700,000 or more and we owe $197,000 with a 3.875% interest rate. Our advisor […] The post Ask an Advisor: We’re 56 With $1.2 Million in Investments and Savings. Can We Afford to Withdraw $60k-$80k Per Year in Retirement? appeared first on SmartReads b
16h ago
Zacks
Loser Stocks: Buy More, Hold or Sell?
Did you buy at the pandemic highs and now your stock is in the red? What to do now.
5h ago
Benzinga
Jeff Bezos-Backed Real Estate Company Is Launching A New Fund To Acquire More Single-Family Homes Across The U.S.
Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f
13h ago
Investor's Business Daily
Snowflake Earnings, Revenue Top Estimates As Cloud Spending Rebounds
Snowflake reported Q3 earnings and revenue that topped estimates amid stabilizing growth at cloud computing partner Amazon.com.
5h ago
Bloomberg
Adelsons to Buy Stake in NBA’s Dallas Mavericks From Mark Cuban
(Bloomberg) -- Miriam Adelson, the widow of casino magnate Sheldon Adelson, is selling $2 billion of stock in Las Vegas Sands Corp. so the family can acquire a majority stake in the Dallas Mavericks NBA franchise from Mark Cuban.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaBill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterHamas Releases 12 Hostages Despite Claims of Truce Viol
1d ago
Barrons.com
Four Reasons Nvidia Will Keep Its AI Chip Dominance
Last week, the semiconductor company posted stellar financial results. Revenue in its latest quarter nearly tripled, with the company citing surging demand for its chips that enable artificial intelligence applications. Rivals are racing to compete against Nvidia Earlier this month, Microsoft unveiled its in-house designed Azure Maia AI Accelerator chip, which is scheduled to be rolled out early next year.
6h ago
The Wall Street Journal
Occidental Petroleum in Talks to Buy Permian Producer CrownRock
Occidental Petroleum is in talks to buy CrownRock, a major energy producer in the west Texas area of the Permian basin, continuing a frenzy of deal making in the oil patch. A deal for the closely held company, which could be valued well above $10 billion including debt, could come together soon assuming the talks don’t fall apart or another suitor doesn’t prevail, according to people familiar with the matter. CrownRock owns more than 80,000 net acres in the northern part of the Midland Basin in Texas, part of the Permian, the largest oil producing region in the U.S. It is led by Texas businessman and billionaire Timothy Dunn, and backed by the private-equity firm Lime Rock Partners.
2h ago
Barrons.com
Munger Became a Legendary Investor Because of This One Impeccable Skill
Charlie Munger dies at 99, Apple moves to end Goldman Sachs card partnership, Amazon and Nvidia expand AI offerings, and other news to start your day.
17h ago
Benzinga
Can Living Off Interest From A $1 Million Investment Support Your Retirement Dreams?
The concept of living off the interest and returns from a retirement account has become a focal point for many Americans. The common goal is to accumulate enough savings by their late 60s to enjoy a secure, indefinite retirement. For younger generations, the ambition often shifts toward amassing a substantial nest egg for early retirement. But reaching this milestone is not a simple task, prompting many to ponder: Is $1 million sufficient? And more importantly, is it feasible to live off the ret
12h ago

S&P Futures

Dow Futures

Nasdaq Futures

Russell 2000 Futures

Crude Oil

Gold

Silver

EUR/USD

10-Yr Bond

Vix

GBP/USD

USD/JPY

Bitcoin USD

CMC Crypto 200

FTSE 100

Nikkei 225

How Fed rate hike will impact local banks

Recommended Stories

Charlie Munger revealed weeks before his death the one thing he wished he had done in his lifetime

Charlie Munger revealed why he lived in the same house for decades instead of upgrading to keep up with his rich friends

New Battery Crushes Tesla's Tech, Unveils A Solid-State Marvel With 300% Higher Energy Density, 15-minute Ultra-Fast Charge

Buffett's Berkshire Hathaway says Haslams offered bribes to inflate Pilot truck stops earnings

Four Magnificent Seven Stocks That Funds Are Now Buying In Droves

Charlie Munger Revealed What Was Left On His Bucket List Before He Died — 'I Would Have Paid Any Amount To Catch A 200-Pound Tuna When I Was Younger. I Never Caught One'

4 Lucrative Tax Deductions That Seniors Often Overlook

Snowflake Inc. (SNOW) Reports Q3 Earnings: What Key Metrics Have to Say

Home Prices Predicted to Fall 1.7% in 2024. These Metro Areas Will See the Biggest Declines.

2 Stocks to Buy from the Rebounding Semiconductor Market

Elon Musk Tells Advertisers ‘Go F— Yourself’ Even as He Backs Away From Endorsing Anti-Semitic Tweet

Ask an Advisor: We're 56 With $1.2 Million in Investments and Savings. Can We Afford to Withdraw $60k-$80k Per Year in Retirement?

Loser Stocks: Buy More, Hold or Sell?

Jeff Bezos-Backed Real Estate Company Is Launching A New Fund To Acquire More Single-Family Homes Across The U.S.

Snowflake Earnings, Revenue Top Estimates As Cloud Spending Rebounds

Adelsons to Buy Stake in NBA’s Dallas Mavericks From Mark Cuban

Four Reasons Nvidia Will Keep Its AI Chip Dominance

Occidental Petroleum in Talks to Buy Permian Producer CrownRock

Munger Became a Legendary Investor Because of This One Impeccable Skill

Can Living Off Interest From A $1 Million Investment Support Your Retirement Dreams?