US Equity Indexes Advance This Week as Fed's Preferred Measure of Inflation Meets Expectations
Formerly disgraced FTX CEO and Co-Founder Sam Bankman-Fried was convicted in November of wire fraud, money laundering and conspiracy, and sentenced to 25 years in prison. His high-profile trial marked a significant chapter in the unraveling of FTX, which collapsed under suspicious financial practices, leading to intense scrutiny and legal action. For the first time since his incarceration, Bankman-Fried described his daily life in a detailed interview with journalist William D. Cohan of Puck. Do
Nvidia is spreading some of its recently amassed wealth by investing in smaller AI companies.
STOCKSTOWATCHTODAY BLOG It’s official. 3M cut its dividend significantly. The materials giant declared a dividend of 70 cents per share on Tuesday evening. That’s down from the prior quarter’s dividend of $1.
Now that we’ve had time to digest the April jobs numbers, some strategists are getting worried about the economy’s mid-term outlook. The jobs report showed 175,000 new jobs added in the month – but that was the lowest gain in the past six months, and was accompanied by an uptick in unemployment, from 3.8% to 3.9%. Along with these topline numbers, the report showed declines in job openings and hires. For Roukaya Ibrahim, watching the US economy from BCA, this job report may indicate a shift towa
High-net-worth individuals, those with net worths of $1 million or more and liquid assets, take different approaches to finance than others.
Legendary investor Warren Buffett has long advocated for the average investor to regularly put money in an S&P 500 index fund rather than buying actively managed funds. However, that's not to say he doesn't think massive outperformance isn't possible. As far back as 1999, Mr. Buffett famously said he could achieve 50% annual returns if he had only $1 million to manage, stating, "The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But
Enterprise Products Partners is getting closer to adding even more fuel to its growth engine.
Intel is making bold strategic decisions with huge implications.
This company's fortunes just darkened significantly.
Home prices are overvalued nationally, according to a new report by Fitch Ratings, led by Southern states.