British American Tobacco (NYSE: BTI) reached a key goal in 2023 and it did it two years ahead of schedule. That’s a good outcome for a company that is facing an existential crisis. As you watch this global cigarette maker, you need to keep in mind both the progress it is making in other areas […]
vanguard IRA tips An individual retirement account (IRA) is a very popular way to save for retirement — especially if you don’t have access to a workplace retirement account like a 401(k). While there are several important decisions to make when saving with an IRA, such as how to invest your money, the single most […]
The stock market’s daily open and close may one day have little meaning if an idea gaining traction on Wall Street becomes widespread. 24X National Exchange, a trading platform backed by hedge fund founder Steve Cohen, is seeking SEC approval to operate an around-the-clock exchange. There’s interest in the idea from bigger players too: The […]
Every restaurant investor is looking for the next Chipotle Mexican Grill (NYSE: CMG). The fast-casual restaurant chain has posted phenomenal returns for investors after taking its healthy Mexican fare across the U.S. The company currently has a market capitalization of $86 billion, making it one of the largest restaurant brands in the world. The success […]
If you’ve ever seen a stock price chart, you know that stock movements, whether up or down, are never linear. Sometimes, the way the stock behaves in the short term can influence investors to make poor decisions. A price jump can get investors excited, leading them to buy in only to see the stock fall. […]
Helicopter carrying Iranian President Ebrahim Raisi leaves site as one of the helicopters in his convoy crashed after the inauguration of a dam on the border along with Azerbaijani President Ilham Aliyev in Jabrayil district of Azerbaijan on May 19, 2024. Islamic Republic News | Anadolu | Getty Images A helicopter with Iranian President Ebrahim Raisi on […]
New indicators of a cooling economy eased inflation concerns, driving the S&P 500 to record highs last week. The index, which dropped around 4% in April, is now up 11% for the year. Will this momentum continue? Savita Subramanian, head of US Equity and Quantitative strategy at Bank of America, believes it will. She’s taking […]
Stocks are once again ending a trading week having hit new records. Signs of an inflation cooldown prompted markets to grow more optimistic about the prospect of Federal Reserve interest rate cuts and stocks rallied as a result, with all three major averages hitting record highs on Wednesday. For the week, the Nasdaq Composite (^IXIC) […]
Aj_watt | E+ | Getty Images A recent Social Security report showed a strong economy has helped the program. Still, Social Security’s trust funds may be depleted in the next decade, if no changes happen sooner. Many Americans have a misplaced worry that benefits will disappear. “The biggest myth about Social Security is that when […]
I’ve been investing my retirement funds into Roth accounts for over a decade. While traditional retirement accounts are a great choice for many, there’s one reason why I love Roth accounts. Hint: It’s not just the tax savings. I love Roth retirement accounts for this 1 reason Many people love Roth accounts because they are […]
As you approach and enter retirement, you might reasonably wonder whether your Social Security benefits will be taxed by your state. It’s smart to consider taxes whenever you’re thinking about or planning your financial future. There’s good news, too, on that front: Only 10 states currently tax your benefits, and even there, the news isn’t […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: I’ve long had a “worst CEO of all time” list. I actually keep it on a piece of paper in the kitchen drawer. I haven’t made any additions in some time, as there’s […]
