3 Household-Name Stocks to Buy on the Dip
There was an unprecedented surge in consumer spending over the past 24 months. A rush of government stimulus combined with a strong economy gave Americans a ton of disposable cash for shopping. However, amid...
Workers are feeling grim about their retirement prospects, study finds
Americans have a bleak outlook for their retirement.A Gallup poll out this week found that workers' expectations for a comfortable retirement are the most pessimistic they have been in over a decade. Nearly 6...
How to Make Money With Warren Buffet's Cigar Butt Investing Method
Cigar butt investing is a form of troubled-asset investment. In this strategy, you buy low-priced stock in struggling companies that should be worth more than their current share price. You let the stock bump up, then sell it for a … Continue reading → The post Cigar Butt Investing: Warren Buffett...
The Alarming Retirement Mistake Too Many Americans Are Making
The very essence of a retirement nest egg lies in the concept of patient growth and compounding of investments over time. Its purpose is to offer a bountiful reserve of funds when one bids farewell to the workforce, ensuring a … Continue reading → The post Alarming Number of Working Americans Cash...
The Russell Reconstitution Is Underway – Here’s How You Can Benefit From It
The Russell 2000 is now characterized by historically low price-to-earnings (PE) ratios, and a big catalyst is primed to propel select small-cap stocks higher over the next month. I’m talking about the Russell Reconstitution...
Biden's Stock Buyback Tax Gets Pushback From Both Sides of the Aisle
President Joe Biden has championed a substantial financial proposal in the latter half of his term: increasing taxes on businesses engaging in stock buybacks. This initiative aims to redirect corporate funds toward business expansion and job creation, instead of primarily … Continue reading → The...
Why is 2023's bank turmoil largely a West Coast thing?
One half of the country is experiencing the banking turmoil of 2023 quite differently than the other half.Three of the four banks that collapsed so far this year were in one state: California. Two of them...
Costco CFO talks eggs, nuts and meat inflation
Costco’s CFO on Thursday offered some observations on inflationary pressures, saying they continue to "abate somewhat" for the retailer, especially with key food items."If you go back a year ago to the fourth...
3 AI Stocks That Could Beat Out Google and Microsoft
Source: shutterstock.com/cono0430 Unless you’ve been off the grid for most of 2023, you know that artificial intelligence is the newest thing for investors. For investing in AI stocks,...
The 3 Best Cryptos to Buy for the Second Half of 2023
Amidst the turmoil of the national banking crisis and the looming risk of a U.S. debt default, certain investors are considering cryptocurrencies as a potential refuge to navigate the economic challenges....
Truss had it right – there’s only one way out of this mess
Former Prime Minister Liz Truss leaving 10 Downing Street - Ben Stansall/AFPWhen the bond markets dramatically turned on the UK in the wake of the disastrous mini-Budget last autumn, it prompted lengthy...
France Just Got Another Warning Over Its Credit Rating
(Bloomberg) -- The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about President Emmanuel Macron’s efforts to spur growth and reduce a crisis-swollen debt burden. Most Read from BloombergEurope’s Economic Engine Is Breaking Down‘Last of...