Kevin McCarthy Is Elected House Speaker on 15th Vote

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."
9h 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.
11h ago
TheStreet.com
No 'Guarantee' But Yellen May Have Just Set a Trap for the Bears
For once, Wall Street isn't blaming Powell for a market beatdown. Here's how I expect things to play out as we edge toward the end of March.
14h ago
Fox Business
Bill Ackman warns US economy headed for 'train wreck' after latest Fed rate hike
Hedge fund manager Bill Ackman sounds the alarm on the state of the U.S. economy amid a banking crisis and the Federal Reserve's fight against inflation.
9h ago
SmartAsset
The Average 401(k) Balance by Age: Are You Off the Mark?
It can be hard to know if your retirement savings are on track, but comparing your balance to where others similar in age are can help. In particular, taking a look at the average 401(k) balance by age is a good place … Continue reading → The post The Average 401(k) Balance by Age: Are You Off the Mark? appeared first on SmartAsset Blog.
12h ago
TipRanks
‘Our Best Long-Term Picks’: Morgan Stanley Suggests 3 High-Quality Stocks to Buy Now
Stock experts often tout the merit of taking the long-term view rather than looking for short term gains. It’s a strategy that gets the thumbs up from Morgan Stanley’s US Equity Strategy team, led by Mike Wilson. Wilson has been one of the Street’s most vocal bears for a while, but while he does not see the bear market as over just yet, he forecasts a “stronger earnings picture” by next year. A friendlier monetary policy, high inflation receding, pent-up demand in investment/capex and in specifi
11h 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
7h ago
The Wall Street Journal
Charles Schwab Says It Could Ride Out a Deposit Flight
Charles Schwab , one of a host of financial firms that have taken a drubbing since the collapse of several regional banks this month, is pushing back against fears that it could face some of the same problems as paper losses on its bondholdings mount. In an interview with The Wall Street Journal, Schwab’s chief executive said the brokerage giant could continue to operate even if it lost most of its deposits over the next year. “There would be a sufficient amount of liquidity right there to cover if 100% of our bank’s deposits ran off,” said Walt Bettinger, Schwab’s co-chairman and CEO, referring to the company’s banking unit.
5h ago
Yahoo Finance
Block stock falls 15% amid short seller accusations of 'inflated metrics' and avoiding regulation
Block stock fell 15% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."
5h ago
Bloomberg
Cathie Wood Suffers Double Blow as Drama Hits Coinbase and Block
(Bloomberg) -- An activist short seller attack on one US firm and the threat of regulatory action against another have conspired to deal a double blow to Cathie Wood and ARK Investment Management, as both shares are among her top holdings.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidJPMorgan Sold $10 Million in Jewel
5h ago
Investor's Business Daily
Regeneron Breaks Out On Home Run In 'Smoker's Lung' As Sanofi Soars
Sanofi and Regeneron's asthma drug Dupixent succeeded in a study of patients with "smoker's lung," leading SNY and REGN stocks to rocket.
5h ago
MoneyWise
Real estate billionaire Sam Zell warns that hot inflation isn't going away anytime soon, says the Fed 'screwed up' — here are 3 real assets to help protect your wealth
Disinflation might be a pipe dream.
10h ago
Zacks
Carnival (CCL) to Report Q1 Earnings: What's in The Cards?
Carnival's (CCL) fiscal first-quarter performance is likely to have benefited from strong demand for cruising, relaxation in COVID-related protocols and acceleration in booking volumes.
9h ago
Zacks
Medical Properties (MPW) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Medical Properties (MPW) closed at $7.27, marking a -1.76% move from the previous day.
3h ago
Fortune
‘Gerbil banking’ preceded the Great Depression. We’re seeing it again today
Big banks are attracting more deposits–and putting money back into failing banks. A similar system existed in the run-up to the Great Depression.
15h ago
TheStreet.com
Realty Income Pays a 5.1% Dividend Yield; Here's When to Buy the Dip
Realty Income, stock symbol O, is one of the most consistent dividend payers in the markets. Here's when and where to buy the dip.
9h ago
TipRanks
George Soros and Steve Cohen Have One Thing in Common: They Both Bet on These 2 Stocks
In this uncertain market environment, the educated investor would do well to seek out some signal that can cut through the noise and indicate the sound stock purchase choices. Following the legendary investors, the traders who build multi-billion dollar fortunes on the stock market trading scene, is a popular strategy – and when two of those investing legends agree… well, there’s a stock that should definitely get a second look. George Soros and Steve Cohen have both built fortunes, for themselv
1d ago
TheStreet.com
Leaked Documents Show Amazon Made an Enormous Mistake
The last year has seen a large number of job layoffs in the technology sector. Major companies like Salesforce, ESPN, Microsoft, Google, and Meta Platforms have all announced cuts to staffing -- a move that has been largely attributed to the rapid growth of online tech during the covid-19 lockdown. Amazon is one of the biggest companies announcing waves of job cuts -- in January, the company let go of more than 2,300 employees in the payments, health care, human resources, robotics, and web services departments.
1d ago
Bloomberg
Short Seller Hindenburg Says ‘Another Big One’ Coming Soon
(Bloomberg) -- Hindenburg Research said it will soon release a new report, two months after the US short seller’s explosive allegations against Adani Group wiped more than $100 billion off the Indian conglomerate’s market value.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidFinally, a Serious Offer to Take Putin Off Ru
15h ago
SmartAsset
Is $5 Million Enough to Retire at 65?
Retirement planning has many elements, but there are two questions that must be answered before anything else can be addressed: What age do you plan on retiring? And, how much money do you need saved to retire at that age? … Continue reading → The post Is $5 Million Enough to Retire at 65? appeared first on SmartAsset Blog.
8h ago

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