Majority Rules Executive Director Jim Mowrer, former Bush 43 Presidential Writer Ned Ryun and Independent Women’s Forum Policy Analyst Hadley Heath Manning on the Electoral College vote and the election.
The Dow Jones Industrial Average took a big hit in the stock market today, at one point falling more than 500 points (more than 1.5%) and hitting a session low of 32,916. Other averages fared worse as the cost of borrowing money jumped again in U.S. financial markets. As the yield on the key Treasury 10-year bond surged 11 basis points to 4.80%, a 16-year high, the Nasdaq composite slumped as much as 2.2%.
The Nasdaq led losses as rising Treasury yields piled on pressure and investors got a reminder not to expect a Fed rate cut anytime soon.
Here are the details on Costco’s deal – and what a key investor says to buy instead.
(Bloomberg) -- Palantir Technologies Inc., the data analysis firm co-founded by tech billionaire Peter Thiel and contracted by government intelligence agencies and military forces around the world, has emerged as the top pick for a contract to overhaul the UK’s National Health Service.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recession Is Still Likely — and Coming SoonWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapKevin McCarthy
BYD already beats Tesla when it comes to total sales. Now it's closing the gap on purely battery-powered cars as well.
The Dow Jones Industrial Average was lower by 1%, or 370 points. The S&P 500 fell 1.3% at 1:30 p.m. ET in the stock market today. The Nasdaq fell 1.8% after rebounding from August's lows in a four-day rebound.
A day after surging into historic 8% territory, 30-year mortgage rates have plunged, registering their biggest one-day drop in more than 6 months.
An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism can decrease the individual’s asset count for Medicaid eligibility, presenting a way to potentially conserve wealth and secure necessary medical care. However, like all […] The post Does Putting Your Home in a Trust Protect It From Medicaid? appeared first on SmartReads by SmartAsset.
Tesla quietly relaunches a rear-wheel-drive version of its popular Model Y car in the U.S. The car starts at $43,990. It's great for car buyers. Whether or not it's great for investors is tougher to say.
When the stock market was soaring, dividends of a few percent probably didn't seem like much. But in 2022 — when the benchmark S&P 500 tumbled nearly 20% — many investors learned the hard way that stocks don't always go up. In the unpredictable stock market, investors may find solace in the steady rhythm of dividends. With the right dividend stocks, investors can bypass the stress and uncertainty associated with attempting to time the market, all while benefiting from a passive income stream. Bu
The bulls took hold of the stock market narrative at the start of the year, and charged ahead all the way into mid-summer, but since then the bears have been rather noisy. On the back of rising oil prices, fears of interest rates staying high for longer than hoped for, and the possible prospect of a recession still looming, the markets have been shaky and have been handing back prior gains. However, against a backdrop of a ‘Goldilocks economy,’ i.e., “not too hot, not too cold… just right,” bill
Tesla introduced a cheaper new version of its popular Model Y SUV just in time to address what some are calling slowing EV sales around the globe.
The FTX founder is protesting CNA’s insurance policy as his legal woes cost him serious money.
The United Auto Workers (UAW) union strike against Detroit's Big Three has now expanded to more than 25,000 members. According to former President Donald Trump, the future looks bleak for America's automotive industry. "The autoworkers will not have any jobs, Kristen, because all of these cars are going to be made in China. The electric cars, automatically, are going to be made in China," Trump told NBC's Kristen Welker during a recent "Meet the Press" interview. "The auto workers are being sold
The 10-year at 4.801% on Tuesday offered the highest yield since August 2007, a few months before the 2009-09 financial crisis.
I am 48 years old. I made $310,000 last year and I currently have $546,000 in my retirement plan at work. My husband is on disability and doesn't work and does not have a 401(k) plan. I wanted to open a Roth IRA but I read that I make too much money. What options do […] The post Ask an Advisor: I Made $310,000 Last Year and Have $546,000 in Retirement Savings, But My Spouse Doesn’t Work. How Can I Save More? appeared first on SmartReads by SmartAsset.
Retiring at age 62 and filing for Social Security will reduce a person’s lifetime benefits by up to 30% compared to waiting until their full retirement age. However, a person with $2.5 million in a Roth IRA may feel more comfortable retiring at age 62, despite the impact that early retirement will have on their […] The post I Have $2.5 Million in a Roth IRA and Will Receive $2,500 Monthly From Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.
Former First Lady Melania Trump has been making headlines, not just for her role beside the 45th U.S. president but also for her assertive steps in ensuring financial stability for herself and their son Barron. Amid the swirling controversies surrounding Donald Trump's legal predicaments, Melania Trump has shown resilience while maintaining her silence. While the establishment of a postnup has sparked divorce speculations, various reports debunk such claims. Trending: Until 2016 it was illegal f
At age 99, Berkshire Hathaway Inc. Vice Chairman Charlie Munger has lived through significant events in history and witnessed numerous economic cycles. Despite his vast experience and candid nature, it's his perspective on optimism that stands out. Known for his sharp wit and incisive one-liners, Munger quips, "If I can be optimistic when I'm nearly dead, surely the rest of you can handle a little inflation." Trending: Until 2016 it was illegal for retail investors to invest in high-growth start
The Chapter 11 filing of the ILWU dockworkers union dates back to a dispute over two electrician jobs in Oregon a decade ago. The post How a fight over 2 jobs bankrupted union of 40,000 dockworkers appeared first on FreightWaves.
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