McDonald’s Same-Store Sales Drop Less Than Estimate
Nov. 10 (Bloomberg) -- McDonald’s posted October same-store sales that topped analysts’ estimates as U.S. declines slowed. Bloomberg’s Matt Miller reports on “In The Loop.” (Source: Bloomberg)
Nov. 10 (Bloomberg) -- McDonald’s posted October same-store sales that topped analysts’ estimates as U.S. declines slowed. Bloomberg’s Matt Miller reports on “In The Loop.” (Source: Bloomberg)
Can investors realistically time the market to maximize returns, especially over the long term? According to a recent study from Charles Schwab, perfect market timing is practically impossible. The firm’s research showed that most investors are better off investing as soon as possible using a buy-and-hold strategy rather than trying to predict short-term peaks and […] The post Forget About ‘Timing the Market’: Schwab Research Reveals the Optimal Way to Invest appeared first on SmartReads by Smar
The billionaire investor watched rich friends build “really fancy houses," but "in practically every case, they make the person less happy, not happier."
WASHINGTON—A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the U.S. But its implications could reach much further, providing the justices an opportunity to define what Congress can tax under the Constitution—and what it can’t. Charles and Kathleen Moore argue that when the law passed, they hadn’t realized income from their investment in an India-based company and thus couldn’t be taxed.
A key to success in the stock market is a touch of foresight. Not quite precognition, but an ability to spot and put together clues and trends, to discern the ‘next big thing’ before it hits. This is true in every stock sector, but today we’ll focus on biotech. The biotech firms have famously high product lead times, paired with equally high overhead expenses; it’s a combination that would make them unlikely investments, except that when a drug is approved, it can turn into a blockbuster. Succes
I am in a quandary about how to invest $750,000 that’s in my 401(k). I'm 67 years old, retired and I have not started taking Social Security yet. What is the best way to preserve this money for the rest of my life that doesn't have high fees? -Terry As you know, the big challenge […] The post Ask an Advisor: I’m 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life? appeared first on SmartReads by SmartAsset.
The IRS is raising the interest penalty for underpayment of estimated taxes, with taxpayers who are self-employed or work as independent contractors urged to be vigilant.
The U.S.-China rivalry over semiconductor technology is rocking the chips sector. While the tensions pose a headwind for popular chip stocks like Nvidia there are several companies well placed to benefit, according to Citi analysts. Fears over the vulnerability of Taiwan, as well as broader considerations of national security, are driving U.S. and European investment in semiconductor manufacturing.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?
Alaska Air reached a roughly $1 billion deal to buy Hawaiian Airlines a combination of two nearly century-old rivals that are dwarfed by the biggest players in a time of travel upheaval. Executives said the deal would solidify Alaska Airlines’ position as the fifth-largest U.S. carrier. The airlines will retain their separate brands, but said together they will have broader reach, connecting Hawaii to three times as many destinations in the continental U.S. and giving Alaska Air a new hub in Honolulu for flights to Asia.
It’s that time of year when Wall Street’s top strategists tell clients where they see the stock market heading in the year ahead. Typically, the average forecast for the group predicts the S&P 500 climbing by about 10%, which is in line with historical averages.
An attack on an American warship and commercial vessels in the Red Sea on Sunday risks reigniting investor worries about a widening of the war between Israel and Hamas, potentially complicating the outlook for a rally that saw U.S. stocks crest a fresh closing high for the year last week. The Pentagon said it was aware of reports regarding attacks on an American warship and commercial vessels in the Red Sea on Sunday, while Yemen's Houthi group claimed drone and missile attacks on two Israeli vessels in the area.
(Bloomberg) -- One of the chipmaking industry’s small but indispensable suppliers is sinking deeper in debt because it’s refusing to raise prices to cover mounting capex costs.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsBonds Retreat as Doubts Over Rate Cuts Creep In: Markets WrapBitcoin Surges Past $42,000 as Crypto Rally Gathers SteamHere’s How to Invest in Gold as It Hits an All-Time HighAlaska Air Agrees to Buy Hawaiian in $1.9 Billion DealOsaka-based Fuso C
Gold prices dropped back from record highs early on Monday. Some analysts are skeptical of further gains.
The concert film outperformed competitors on its opening weekend but couldn’t match the box office of Taylor Swift’s film debut.
Stocks were on track to slip lower on Monday, pausing after a rally driven by optimism that the Federal Reserve could cut interest rates multiple times next year. Economic indicators are in focus, with U.S. factory orders for October due Monday—but the spotlight falls on Friday, when the closely watched U.S. jobs report for November will be released. Investors want to see signs that inflation and growth are waning sufficiently to encourage the Fed to cut rates—but not waning so much as to prompt broader concerns over the health of the economy.
Generating enough income in retirement to meet your spending needs is crucial. While Social Security provides inflation-protected retirement income, it's simply not enough for many retirees. If you need help planning for retirement, consider working with a financial advisor. John Rekenthaler, … Continue reading → The post Treasury Bonds vs. TIPS Ladders vs. Annuities: Which Strategy Is Best For Retirement Income? appeared first on SmartAsset Blog.
Alaska Air will buy Hawaiian Airlines parent Hawaiian Holdings for $18 a share, a 270% premium. The deal is $1.9 billion, including assumed debt.
The tech rally looks likely to continue but eventually the gains will have to spread beyond the “Magnificent Seven.” Here are some likely beneficiaries.
(Bloomberg) -- Alaska Air Group Inc. agreed to buy rival Hawaiian Holdings Inc. for $1.9 billion in cash and debt, challenging the Biden administration’s aggressive stance on mergers that has already derailed one partnership between carriers.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsBonds Retreat as Doubts Over Rate Cuts Creep In: Markets WrapBitcoin Surges Past $42,000 as Crypto Rally Gathers SteamHere’s How to Invest in Gold as It Hits an All-Time HighAlaska
Startup Anduril Industries is shaking up the U.S. defense industry. Founded by Oculus creator Palmer Luckey, Anduril is building AI-powered, autonomous weapons systems that it says will create a more nimble and cost-effective military. Photo Illustration: Alexander Hotz/WSJ