Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. Tingshu Wang | Reuters Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he is expected to meet senior officials to discuss the rollout of Full Self-Driving software and […]
Meredith Tabbone first decided to buy and renovate a cheap home in Italy to reconnect with her family history. More than four years and nearly half a million dollars later, her 1-euro home journey has given her a new perspective on work, life, friendships and happiness. Tabbone, 44, is a financial advisor in Chicago. In […]
There’s a vast and complicated industry around planning for life in retirement, but if you’re thinking about how you can call it quits earlier or live more luxuriously when you do retire, the calculus can be remarkably simple. “The big knob you can turn is cost of living,” says Tommy Sikes, a certified financial planner […]
Johner Images | Johner Images Royalty-free | Getty Images A new U.S. Labor Department rule will significantly change the advice many investors receive about rolling money over from 401(k) plans to individual retirement accounts, legal experts say. The so-called “fiduciary” rule, issued April 23, aims to raise the legal bar for brokers, financial advisors, insurance […]
After three decades researching human hope and happiness, I discovered a method you can use to measure your happiness. It’s based on this simple equation: Hope ÷ Hunger = Happiness This math formula — hope divided by hunger equals happiness — says that the more hopeful and less hungry you are, the happier you become. […]
Jeff Bezos doesn’t let his responsibilities — executive chairman of Amazon, owner of Blue Origin, being a billionaire investor — get in the way of his slow-moving morning routine. The 60-year-old kicks off every day like a lot of people do: dragging his feet and scrolling on his smartphone, he recently told the “Lex Fridman Podcast.” […]
The “Magnificent Seven” have been the driving force behind the current bull market. If there’s one trend that’s been pushing the stock prices of big tech companies higher, it’s artificial intelligence (AI). Practically every member of the Magnificent Seven has a deep connection with the current push to advance AI: Nvidia is the leading GPU […]
One of the tried-and-true methods of building generational wealth is investing. Whether it’s through real estate, commodities, or the stock market, investing in strong asset classes can help you turn a modest sum of money into healthy heaps of cash in the long run. Some of the most lucrative investments in modern history are thanks […]
ExxonMobil (NYSE: XOM) recently reported rather lackluster first-quarter earnings. The oil giant’s adjusted earnings declined by 29% to $8.2 billion, or $2.06 per share. That fell a bit short of the analysts’ consensus estimate of $2.19 per share. The energy giant battled headwinds from lower natural gas prices and refining margins. However, while the first […]
Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer. The Nasdaq Composite (^IXIC) rose more than 4% last week, while the S&P 500 (^GSPC) popped almost 3%. Meanwhile, the Dow Jones Industrial Average (^DJI) rose less than 1%. In the week […]
Earnings season is giving analysts plenty to chew on as they learn more about the impact of macro challenges on companies. Though Wall Street is watching short-term stock moves spurred by quarterly results, the top analysts have their eyes on companies’ long-term prospects. Bearing that in mind, here are three stocks favored by the Street’s […]
Warren Buffett is a fan of buying dividend-paying stocks, but his conglomerate Berkshire Hathaway doesn’t offer a payout itself, despite its tens of billions cash. A regular dividend is a way to reward shareholders by distributing a portion of a company’s earnings, often quarterly, in the form of cash. Sometimes companies even offer a small […]
