Yahoo Finance's Morning Rundown, January 17
The morning's top headlines
The Dow Jones rose 175 points Thursday after first-time jobless claims and Q4 GDP data. Schwab stock dropped on an analyst downgrade.
Silicon Valley Bank assets got bought for pennies on the dollar, so where does that leave FRC?
The Oracle of Omaha never saw a future in cryptocurrency.
Investors looking for alpha in an uncertain market environment could do worse than following in the footsteps of legendary stock pickers and probably none can match Warren Buffet’s reputation. Not for nothing the “Oracle of Omaha” is considered one of the all-time greats and for nearly 60 years, between 1965 and 2022, his Berkshire Hathaway firm’s returns have doubled those of the S&P 500. So, it’s definitely worth nosing through Buffett’s portfolio to see which stocks he currently holds. And wh
A key study from Avidity Biosciences remains on hold after a patient experienced a rare side effect, leading RNA stock to plummet Thursday.
The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays … Continue reading → The post Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back appeared first on SmartAsset Blog.
(Bloomberg) -- Walt Disney Co. pushed through changes designed to limit external control by the board that effectively governs its theme park ahead of a controversial takeover by hand-picked representatives of Governor Ron DeSantis.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketScotiabank Economist Excoriates Trudeau, Freeland Over $32 Billion Spending Bo
Stratasys' (SSYS) high-growth product launches, strategic collaborations and highly attractive valuation are likely to have made it a lucrative takeover target for Nano Dimension.
Recently, Zacks.com users have been paying close attention to ZIM (ZIM). This makes it worthwhile to examine what the stock has in store.
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
A freight train hauling ethanol, a highly flammable and toxic chemical, derailed in Minnesota early Thursday, sparking a fire and prompting residents to evacuate the area. The derailment occurred in Raymond, a town roughly 100 miles west of Minneapolis, and there were no injuries reported, according to an official at the Raymond fire department. Residents within a half-mile of the accident were asked to evacuate.
For most people, it will be little or no problem to retire at age 65 if they have $2.5 million in savings. This amount of capital invested prudently is likely to provide sufficient income for a lifestyle comfortable enough to … Continue reading → The post Is $2.5 Million Enough to Retire at 65? appeared first on SmartAsset Blog.
The semiconductor maker brings forward timelines for production of next-generation data-center chips.
The electric-vehicle charging company reports fourth-quarter sales of $27.3 million, better than analysts' estimates of $20 million.
There are different ways to assess whether it’s time to lean heavily into a certain class of stocks, and according to Oppenheimer’s head of Technical Analysis Ari H. Wald, the charts right now are pointing toward a resurgence in growth. “Recent points of market discussion have included incremental cracks in value and concurrent relative strength in growth,” Wald noted. “Breaking down the components and their influence on the market, we see growth in a stronger position to the lead the S&P 500 hi
'The benefits are great on paper, but often don’t exist in reality due to inconsistent scheduling.'
The salaries offered to U.S. accountants and auditors last year climbed at their quickest pace in recent years, but industry observers say increasing pay alone may not be enough to remedy a national shortage of accountants.
Transocean (RIG) has secured two drilling contracts, worth $382 million, from Equinor. The agreements include a strategic partnership to explore areas including technology and sustainability.
Most officials see at least one more rate hike — but investors aren’t saying the same.