Stocks rise ahead of earnings season, oil prices extend gains
Luis Strohmeier, Octavia Wealth Advisors Partner and Wealth Advisor joins the Yahoo Finance Live panel with discuss the latest market action.
Luis Strohmeier, Octavia Wealth Advisors Partner and Wealth Advisor joins the Yahoo Finance Live panel with discuss the latest market action.
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.
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
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.
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.
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.
The market rally is transforming into a broader advance, a bullish sign. Arm Holdings and D.R. Horton flashed buy signals Friday.
The concert film outperformed competitors on its opening weekend but couldn’t match the box office of Taylor Swift’s film debut.
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.
Alaska Airlines will inherit a cargo business for Amazon as part of its acquisition of Hawaiian Airlines. The post Alaska Airlines to fly Amazon packages after completing Hawaiian buy appeared first on FreightWaves.
(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 BloombergBitcoin Hits $40,000 Level for the First Time Since May 2022Alaska Air Agrees to Buy Hawaiian in $1.9 Billion DealKISS Avatars Go On Tour After Paul Stanley, Gene Simmons RetireUS Warns Iran-Backed Houthis After Attacks on Red Sea ShippingHow Suspects Laundered Billions in Singapore for YearsOsaka-b
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.
Confirming widespread speculation, the ride-hailing giant will join the index as part of a quarterly rebalancing.
Boeing has been eliminated from the U.S. Air Force's Survivable Airborne Operations Center competition to replace the E-4B Nightwatch with a next-generation "Doomsday plane."
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.
(Bloomberg) -- Gold shot past a previous all-time high set in the midst of the pandemic on growing expectations for US rate cuts early next year, despite attempts by the Federal Reserve to temper the optimism. Most Read from BloombergBitcoin Hits $40,000 Level for the First Time Since May 2022Alaska Air Agrees to Buy Hawaiian in $1.9 Billion DealKISS Avatars Go On Tour After Paul Stanley, Gene Simmons RetireUS Warns Iran-Backed Houthis After Attacks on Red Sea ShippingHow Suspects Laundered Bill
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.
Oil futures rose on Monday as geopolitical tension in the Middle East returned to focus, spurring concerns about supply from the region, but uncertainty over OPEC+ voluntary output cuts and global fuel demand growth clouded the sector's outlook. Brent crude futures climbed 28 cents, or 0.4%, to $79.16 a barrel by 0018 GMT, while U.S. West Texas Intermediate crude futures were at $74.36 a barrel, up 29 cents, or 0.4%. "A re-emergence of geopolitical tension over the weekend has come to the aid of an ailing crude oil price on the reopen this morning," IG markets analyst Tony Sycamore said.
Investor-protection advocates say many belong to risky small companies that should be on the OTC market.
(Bloomberg) -- Alaska Air Group Inc. has agreed to buy rival Hawaiian Holdings Inc. in a $1.9 billion cash and debt deal, challenging the Biden administration’s aggressive stance on mergers that has already derailed one partnership between carriers.Most Read from BloombergBitcoin Hits $40,000 Level for the First Time Since May 2022Alaska Air Agrees to Buy Hawaiian in $1.9 Billion DealKISS Avatars Go On Tour After Paul Stanley, Gene Simmons RetireUS Warns Iran-Backed Houthis After Attacks on Red