The team at Capital Economics was among the most bullish we found on the outlook for stocks in 2024. The firm sees the benchmark S&P 500 rising to 5,500 by the end of this year, and adding another 1,000 points — roughly 18% — through the end of 2025, hitting 6,500 in a little under […]
The CEO of a top financial services firm is sounding the alarm over a “very ugly” real estate market in the next two years. Speaking to FOX Business host Maria Bartiromo at the World Economic Forum in Davos, Switzerland, Cantor Fitzgerald CEO Howard Lutnick said a “generational” shift was on the horizon, warning of a massive […]
(Reuters) – Pipeline and terminal operator Kinder Morgan on Wednesday posted a lower-than-expected profit for the fourth quarter, as higher interest expenses and weakness in the natural gas pipeline segment hurt margins during the period. The company posted an adjusted profit of 28 cents per share for the quarter ended Dec. 31, compared with analysts’ […]
It was another rough day for Plug Power (NASDAQ: PLUG) on Wednesday as the market turned south and investors sold off both higher-risk assets and energy stocks. Shares fell as much as 13.5% and were down 13.2% at 3:30 p.m. ET. Plug Power is unraveling Plug Power is down 84% in the past year, and […]
Income thresholds in the U.S. for the top 10%, 5% and 1% of earners in 2023 reveal a surprising reality. Entering these high-earning brackets may be more achievable than many assume based on data from an Economic Policy Institute 2021 study. Don’t Miss: The Top 10% Bracket: A Closer Reach Than Expected Often perceived as […]
Solar panels operate at Mohammed bin Rashid Al Maktoum Solar Park as Dubai, United Arab Emirates hosts the COP28 U.N. Climate Summit, on Monday, Dec. 11, 2023. Solar is now the cheapest form of electricity in a majority of countries.AP Photo/Joshua A. Bickel The US and European Union are seeing solar panels pile up amid […]
By Nate Raymond (Reuters) – A U.S. appeals court on Wednesday wrestled with whether the video-based social media platform TikTok could be sued for causing a 10-year-old girl’s death by promoting a deadly “blackout challenge” that encouraged people to choke themselves. Members of a three-judge panel of the Philadelphia-based 3rd U.S. Circuit Court of Appeals […]
Summary U. S. markets fell as Treasury yields rose on new economic data that is lowering rate-cut expectations. December retail sales grew 0.6%, above expectations for 0.4% growth. On the housing front, builder confidence rose to 44 in January due to lower mortgage results. The Dow fell less than 0.1%, the S&P 500 was down […]
Grant Cardone, a successful billionaire in the real estate sector, recently offered insights on the financial implications of leasing versus buying vehicles. In a December Instagram reel titled “I lease all my vehicles except one,” Cardone advises against purchasing cars, describing it as a financially imprudent decision. He advocates for leasing as a more financially […]
Married and finding yourself in the frustrating position of earning above the Roth IRA limit? Don’t worry, you’re not alone. Many people encounter this obstacle when seeking to maximize their retirement savings. The good news is that there’s a strategy known as the backdoor Roth IRA that could provide a solution. This approach allows high-income […]
Summary U.S. Bancorp is one of the largest diversified financial services firms in the United States. Services include consumer and commercial lending and depository services, cash management, trust, and investment management services. The company also engages in credit and debit card services, merchant processing, mortgage banking, insurance, brokerage, and leasing. Subscribe to Yahoo Finance Plus […]
