Today in History April 21
On this day in history: Mark Twain dies; Queen Elizabeth II born; Annie opens on Broadway. (April 21)
On this day in history: Mark Twain dies; Queen Elizabeth II born; Annie opens on Broadway. (April 21)
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
Federal Reserve chair Jerome Powell may offer his take later this morning for updated core PCE inflation data.
U.S. prices increased moderately in February and the cost of services outside housing slowed considerably, keeping a June interest rate cut from the Federal Reserve on the table. The personal consumption expenditures (PCE) price index rose 0.3% last month, the Commerce Department's Bureau of Economic Analysis said on Friday. Data for January was revised higher to show the PCE price index climbing 0.4% instead of 0.3% as previously reported.
In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market capitalization of all actively traded U.S. stocks to the latest estimate of quarterly gross domestic product (GDP). Buffett, in a 2001 Fortune magazine article shared by CNN Money, described it as “probably the best single measure of where val
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
The super-successful hedge fund manager likes several AI stocks.
Should you go with the tobacco giant, the struggling healthcare REIT, or neither?
Trump Media & Technology Group soared as much as 14% on Wednesday.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
Wood is sounding the alarm on Nvidia following its meteoric rise.
One common thread runs between Boeing CEO Dave Calhoun's departure and the death knell for GE next week: Jack Welch. Veteran financial journalist Allan Sloan notes that of the CEOs Welch mentored, four succeeded while 13 failed.
The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. GE shareholders get one share of Vernova for every four GE shares held. The GE Aerospace value is down from about $147.30 at Wednesday’s close, off 4%.
Here's what could happen to gold prices next.
Cathie Wood just increased her long-term price target for Bitcoin by a mind-boggling amount.
Conservative capital spending by upstream players could hurt demand for partnerships' midstream assets. Enterprise Products (EPD), Plains All American Pipeline (PAA) and Energy Transfer (ET) are surviving the industry challenges.
There’s been a lot of talk recently about this year’s bull market, both on its own merits and in comparison to last year. But somewhat less attention has been paid to it as part of a larger trend overall – a secular bull market that began in 2013 and has seen the S&P 500 reach recent record highs. Long-term trends are good for the market generally, but what the average retail investor really wants is a solid return in the here-and-now. There are several routes to accomplish this, and one of the
Stock concentration is so extreme that a sudden market correction could come at any time, JPMorgan's Dubravko Lakos-Bujas said.
This company's shares are on an absolute tear, and investors have their eyes on a bigger prize.
Canoo (GOEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
At 53, Guan Junling is too old to get hired at factories anymore. Toiling in sweatshops and building apartment complexes they could never afford to live in, they played a vital role in China's transformation into an economic powerhouse. As they grow older, the first generation of migrant workers is struggling to find jobs in a slowing economy.