US stock futures nudged higher on Friday, pointing to a reprieve from losses as jittery investors digested the crucial monthly jobs report and kept one eye on surging oil prices. Dow Jones Industrial Average (^DJI) futures put on roughly 0.2%, while S&P 500 (^GSPC) futures added 0.3% on the heels of its worst single-day fall […]
Jeff Greenberg | Universal Images Group | Getty Images McDonald’s signed a deal to purchase all 225 of the restaurants that comprise its Israel franchise, the American fast-food chain announced, following months of dramatically lower sales due to pro-Palestinian boycott action amid the Israel-Hamas war. The restaurant outlets in Israel have been owned by local […]
If you buy a dividend stock that’s trading at a reduced price, it gives you the opportunity to take advantage of a higher-than-normal yield, and the chance to profit from a gain should the stock bounce back and recover in value. This is why loading up on dividend stocks after they have slumped, provided their […]
A ‘Now Hiring!’ sign stands on display next to the Jiffy Lube International booth during a Job News USA career fair in Overland Park, Kansas. Luke Sharrett | Bloomberg | Getty Images Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market. […]
Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market. Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for an increase of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau […]
Billionaire David Tepper made quite a name for himself on Wall Street. He helms Appaloosa Management — the hedge fund he founded back in 1993. He has been called “arguably the greatest hedge fund manager of his generation” and also consistently outperforms his peers. He correctly predicted the collapse of the housing market and the […]
Check out the companies making headlines before the bell. Shockwave Medical — The medical device stock rose 1.6% after Johnson & Johnson announced it would buy the company for $12.5 billion. The transaction would boost J & J’s portfolio of cardiovascular disease treatment devices. Krispy Kreme — Shares of the doughnut chain surged 5% in […]
The U.S. flag is seen over the company logo for Johnson & Johnson to celebrate the 75th anniversary of the company’s listing at the New York Stock Exchange. Brendan McDermid | Reuters Johnson & Johnson on Friday agreed to buy Shockwave Medical for $12.5 billion in a deal that would help broaden its portfolio of […]
US stock futures nudged higher on Friday, pointing to a reprieve from losses as jittery investors braced for the crucial monthly jobs report but kept one eye on surging oil prices. Dow Jones Industrial Average (^DJI) futures put on roughly 0.2%, while S&P 500 (^GSPC) futures added 0.3% on the heels of its worst single-day […]
Here are the most important news items that investors need to start their trading day: 1. Thursday’s tumble All three major averages sank Thursday as a spike in oil prices and fears the Federal Reserve might wait to cut interest rates dented investor sentiment. The Dow Jones Industrial Average dropped 1.35%, its worst session since […]
A man who has inherited a $550,000 IRA from his father looks over the account paperwork. If you inherit a tax-deferred retirement account, like an IRA or a 401(k), you’ll pay income taxes on the money when you withdraw it. Those withdrawals are subject to your marginal tax rate, not the original owners. This can […]
Minneapolis Federal Reserve President Neel Kashkari. John Lamparski | Getty Images Entertainment | Getty Images Goldman Sachs Chief Economist Jan Hatzius on Friday said he still expects the Federal Reserve to implement three interest rate cuts, adding that he would be “very surprised” if the U.S. central bank ultimately decided no trims at all were […]
