Spire CEO Peter Platzer rings the opening bell of the New York Stock Exchange (NYSE) during their listing in Manhattan, New York City, U.S., August 17, 2021. Andrew Kelly | Reuters Small satellite builder and data specialist Spire Global began trading on the New York Stock Exchange on Tuesday, becoming the latest space company to
EmirMemedovski Workers may soon get a better sense of how much income their retirement savings really will deliver later in life. As mandated in the 2019 Secure Act, 401(k) plan sponsors are preparing to provide illustrations on quarterly or annual statements showing an estimate of how much guaranteed lifetime income — via an annuity —
Arturo and Deborah Keller celebrate after winning the Best of Show award with their 1938 Mercedes-Benz 540K Autobahn Kurier at the 2021 Pebble Beach Concours d’Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 15, 2021. David Paul Morris | Bloomberg | Getty Images The “Super Bowl” of classic car collecting ended with a roar
In this article ROST GCShutter | E+ | Getty Images The entire cryptocurrency market climbed to more than $2 trillion over the weekend for the first time since mid-May. Bitcoin, one of the more popular digital offerings, also surged to more than $48,000, though it has already lost some of those gains. If you’re like
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters The price of lumber has fallen sharply in the last few months, but apparently that has not been enough to take the pressure off homebuilders. Sentiment among single-family homebuilders dropped five points to 75 in August
REITs are back in favor this year.
These 5 big cap stocks soared to new highs again in 2020. Can they continue to break out in 2021 as the COVID recovery takes hold?
August 15th was the deadline to take advantage of the premium tax credits (PTC) originally provided in the Affordable Care Act (ACA) and recently expanded in the American Rescue Plan Act (ARPA). Future extensions may provide longer-lasting benefits, although the extensions may create trade-offs for consumer choice and program costs. The ACA provided a refundable
In this article WMT HD Here are the most important news, trends and analysis that investors need to start their trading day: Stock futures under pressure ahead of U.S. retail sales data S&P 500 doubles from Covid pandemic bottom Retail giants Home Depot and Walmart report earnings U.S. is expected to recommend Covid vaccine booster
In this article WMT A shopper wearing a protective mask shops in a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart is set to report its fiscal second-quarter earnings before the bell on Tuesday. Here’s what Wall Street is expecting: Earnings per share: $1.57, according to Refinitiv
Take a look at some of the biggest movers in the premarket: Home Depot (HD) – Shares of the home improvement retailer fell 3.2% in the premarket following its second-quarter results. Home Depot earned $4.53 per share, 9 cents a share above estimates. Revenue also topped forecasts. Comparable-store sales fell short of forecasts, however, rising
ALEAIMAGE | iStock | Getty Images The Biden administration approved on Monday the biggest boost to food assistance benefits in the history of the Supplemental Nutrition Assistance Program, a reform that could impact as many as 42 million Americans. Starting in October, SNAP benefits will increase by an average of 25% above pre-pandemic levels. That
Sawitree Pamee / EyeEm | EyeEm | Getty Images When a financial advisor discusses the appropriate asset allocation for a portfolio, they are essentially trying to construct a plan that maximizes expected returns based on a given level of risk. The advisor pays less attention to the behavior of an individual security and instead focuses
When husband-and-wife duo Chris Halim and Raena Lim quit their jobs in 2016 to start their own sustainable fashion business, they had little idea of the success it would become. But they knew one thing for sure: get a basic product to market as soon as possible — that’s the advice they stand by today.
There are two risks high on Invesco’s radar, but the Taliban takeover in Afghanistan isn’t one of them. Kristina Hooper, the firm’s chief global market strategist, sees a Federal Reserve policy mistake and the Covid-19 delta variant as bigger threats to the U.S. economy and stocks. “This [Afghanistan] is certainly a human tragedy. It’s a
A company advertises a help wanted sign on April 09, 2021 in Pawtucket, Rhode Island. Spencer Platt | Getty Images Employment among the lowest-paid Americans has flatlined at a level well below its pre-pandemic baseline — even as mid- and high-wage workers have more than recovered. Jobs for workers who earn less than $27,000 a
Former Theranos CEO Elizabeth Holmes exits a status hearing for her upcoming criminal fraud trial. SAN JOSE, CALIF. — Elizabeth Holmes’ attorneys on Monday requested that they be allowed to ask jurors about bias and exposure to Holmes’ “profession and celebrity” when jury selection begins later this month in her criminal fraud trial. “When there
katleho Seisa With inflation fears high and interest rates at rock-bottom lows, retirees may wrestle with how much cash they need during their golden years. The consumer price index, a key measure of inflation, increased by 5.4% in July from the previous year, and the average savings interest rates are still 0.06%, making cash reserves
A Solid Automotive Parts Retailer and a Play on the Home Entertainment Market.
Ben Rains breaks down the market at the halfway point of August. We then explore three Zacks Rank #1 (Strong Buy) tech stocks that provide exposure to different growth aspects of the market and might be worth buying for investors with longer-term horizons. (0:30) – Stock Market Update: Everything You Need To Know (3:40) –