Marko Geber | DigitalVision | Getty Images Many retirees rely on bonds for income, lower risk and portfolio growth. However, as the Federal Reserve prepares to raise interest rates, some worry about the effects on their nest egg. The cost of living has swelled for months, with the Consumer Price Index, the key measure of
admin
Oscar Wong | Moment | Getty Images The stock market’s newest investors appear to like what they’ve seen so far. Among individuals who began investing last year, 86% plan to increase their stock holdings in 2022, according to a recent survey from Investing.com. This is despite fewer of them (67%) making a profit in 2021
In this article PG Procter and Gamble Co. Pampers brand baby diapers are arranged for a photograph taken in Hastings on Hudson, New York, U.S., on Saturday, Oct. 17, 2020. Tiffany Hagler-Geard | Bloomberg | Getty Images Procter & Gamble is raising prices across more of its portfolio to protect its profit margins as commodity
In this article PG Tide, a laundry detergent owned by the Procter & Gamble company, is seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty Images Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped Wall Street’s expectations as price hikes helped offset higher commodity
In this article 6758.T-JP ADS BAC UNH MS PG Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the
In this article PTON Peloton executives and insiders sold nearly $500 million worth of their stock before its big decline, according to filings with the Securities and Exchange Commission. The company’s stock is down more than 80% from its highs last year, and it hit a 52-week low of $29.11 Tuesday. Yet the company’s CEO
Tara Moore | Getty Images Anyone facing required minimum withdrawals from retirement accounts should note there’s been a change to calculating those amounts. Starting this year, new IRS life expectancy tables — which are used to determine required minimum distributions, or RMDs — are in effect. While using the modified tables should be generally straightforward
JGI/Jamie Grill | Tetra images | Getty Images Most Americans are still struggling to build solid savings accounts nearly two years into the coronavirus pandemic. Some 56% of Americans are unable to cover an unexpected $1,000 bill with savings, according to a telephone survey of more than 1,000 adults conducted in early January by Bankrate.
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Mortgage rates are rushing higher, and last week that caused a major divergence in mortgage demand. Refinancing continued to dry up, but homebuyers appear to be rushing into the
Meta, Apple, Amazon, Netflix and Alphabet will report earnings shortly. Here’s what to look for. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Recent discussions of a proposed wealth tax for the United States have included little information about trends in wealth taxation among other developed nations. However, those trends and the current state of wealth taxes in OECD countries can provide context for U.S. proposals. The OECD maintains detailed tax revenue statistics for its 38 member countries.
In this article GM TSLA The southwest of England is famed for its dramatic coastline, verdant countryside and fresh seafood. If all goes to plan, another string could be added to the region’s bow over the next few years: lithium extraction. In the county of Cornwall, efforts are underway to tap into the area’s natural
TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Dado Ruvic | Reuters BEIJING — TikTok owner ByteDance has disbanded its investment department, a company spokesperson told CNBC on Wednesday. Following an assessment at the beginning of the year, ByteDance decided to “strengthen the
In this article WTY-FF U.S. employers expect to pay an average 3.4% raise to their workers in 2022, according to a Willis Towers Watson survey. That projected wage growth is faster than actual raises paid in the prior two years, amid a competition for workers and high inflation, according to the poll of 1,004 companies,
Key Findings Forty-four states levy a corporate income tax. Rates range from 2.5 percent in North Carolina to 11.5 percent in New Jersey. Six states—Alaska, Illinois, Iowa, Minnesota, New Jersey, and Pennsylvania—levy top marginal corporate income tax rates of 9 percent or higher. Eleven states—Arizona, Colorado, Indiana, Kentucky, Mississippi, Missouri, North Carolina, North Dakota, Oklahoma,
Ben Rains explores the market downturn to start 2022. Despite the worries and economic setbacks, investors might want to start hunting for strong stocks to buy at significant discounts, especially for those with long-term investment horizons. Today, we dive into three large-cap stocks from three totally different sectors poised to grow for years, if not
Loading chart… Covetrus: “I want you to do that. I actually think this group is so oversold. You know we had Zoetis on last week. I think animal health is here to stay. I don’t know if you saw Petco, how bad it’s doing. But that that’s got a bad balance sheet. I like your
In this article SOFI Anthony Noto CEO of SoFi at the newly named SoFi Stadium under construction in Los Angeles. Stephen Desaulniers | CNBC Shares of SoFi rallied as more than 16% in after-hours trading on Tuesday following news that the fintech cleared its final regulatory hurdle in becoming a bank. San Francisco-based SoFi received
In this article GS People walk along Wall Street in the rain on July 08, 2021 in New York City. Spencer Platt | Getty Images Wall Street firms are playing catch up with employee compensation, boosting pay in the second year of a deal-making and trading boom. That’s what Goldman Sachs CEO David Solomon conceded
freemixer | E+ | Getty Images If you’re like most Americans, you do not have a formal plan for what will happen to your assets when you die. Just 46% of Americans have made provisions for how their money and estate should be handled, a 2021 Gallup poll found. Those results have been more or