By Colleen Howe BEIJING (Reuters) – Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon. Brent crude futures fell by as […]
Category: Crypto
Yen Weakens, Hong Kong Shares Lead Asia Higher: Markets Wrap
(Bloomberg) — The yen slid to the weakest since 1990, putting traders on alert for intervention, while Asian stocks climbed after US equities notched the best weekly rally of 2024. Most Read from Bloomberg The Japanese currency fell past 160 per dollar on Monday amid thin liquidity during a public holiday. Traders have been guessing […]
How to Make Investments in Your Roth IRA
A couple meeting with a financial advisor to discuss investment options for their Roth IRA. A Roth IRA is an account, not an investment, so once you’ve put money into the account it still must be invested. Common investment options for Roth IRA accounts include stocks, bonds, mutual funds, exchange-traded funds, money market accounts and […]
Chasing Procter & Gamble’s Reliable Dividends? A Hidden Opportunity Awaits For Savvy Investors
Chasing Procter & Gamble’s Reliable Dividends? A Hidden Opportunity Awaits For Savvy Investors Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Founded in 1837, The Procter & Gamble Company (NYSE:PG) is one of the largest manufacturers of fast-moving consumer goods. The conglomerate has weathered economic storms […]
Our Long-Term Care Insurance Now Costs $500 Per Month. We’re in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies?
Financial advisor and columnist Brandon Renfro My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our […]
Redstones, Ellison Seek to Appease Angry Paramount Investors
(Bloomberg) — The Redstone family and independent film producer David Ellison have both offered concessions to make a possible change in control at Paramount Global more appealing to the company’s other investors, according to a person familiar with the talks. Most Read from Bloomberg Ellison is proposing to buy a block of Paramount shares at […]
Wall Street Bulls Say Stock Rally Can Resume Even Without Rate Cuts
(Bloomberg) — Robust global economic growth may offer equities enough support to resume a record-breaking rally, even if bets on Federal Reserve interest rate cuts this year are completely abandoned. Most Read from Bloomberg After the best week for the S&P 500 Index since November pushed the US stock gauge back toward its record levels […]
Meet the 2 “Magnificent Seven” Stocks That Stanley Druckenmiller Is Betting on the Most
Stanley Druckenmiller is one of the world’s most closely followed billionaire investors. He engineered George Soros’ famous bet against the British pound in 1992 and generated an average annual return of 30% for his hedge fund, Duquesne Capital, for three decades after its inception in 1986. Druckenmiller retired and closed his fund in 2010 but […]
3 No-Brainer EV Stocks to Buy With $1,000 Right Now
Many electric vehicle (EV) stocks crumbled over the past year as the market cooled off and rising interest rates compressed their valuations. But according to Precedence Research, the global EV market could still expand at a compound annual growth rate (CAGR) of 23.4% from 2024 to 2032 as EVs gradually replace gas-powered vehicles. Therefore, the […]
Chipotle Mexican Grill Just Achieved 1 of the Most Remarkable Numbers I’ve Ever Seen
In the book Algorithms to Live By, I was exposed to a concept that improved my ability to make decisions — the “explore-exploit trade-off.” I’ll spare you the nerdy details. But I’m at the stage of life where I should be exploring things. Instead, I keep exploiting (ordering) the same chicken burrito from Chipotle Mexican […]
US Debt-Sale Plan Seen Benefiting From Fed That ‘Stops Hurting’
(Bloomberg) — The US Treasury is set to keep its sales of long-term debt steady in a new plan this week, with the government expected to get relief soon from the Federal Reserve’s rapid run-down in its securities holdings. Most Read from Bloomberg Dealers anticipate the Treasury on Wednesday will follow through on its January […]
Can SoFi Stock Help You Retire a Millionaire?
Financial services is an industry desperate for some innovation. In an age when just about anything can be accomplished online, the idea of going to a brick-and-mortar bank to complete a basic transaction is not appealing. Fintech businesses that operate at the intersection of technology and finance, such as Stripe, Chime, Plaid, and others, have brought […]