Don’t ever buy between 9:30 and 10 a.m. and other market theories Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files I firmly and truly believe in the scientific process. Proving a thesis with a standardized, repeatable test just makes good sense. Advertisement 2 This advertisement has… Continue reading 5 investing theories that seem right, but need to be tested in real life
Stock Market Today: Hot Inflation Data Sinks Stocks
Selling resumed on Wall Street Friday, with investors spooked by another hot inflation update. A solid reading on consumer sentiment only created stiffer headwinds for the major indexes, with the broad market suffering its worst weekly loss of the year. Ahead of the opening bell, the Bureau of Economic Analysis (opens in new tab)… Continue reading Stock Market Today: Hot Inflation Data Sinks Stocks
Is Weed Legalized in North Carolina? Medical Marijuana Efforts Gain Traction. This Week in Cannabis Investing
Is weed legalized in North Carolina? Not currently, but efforts are being made by state lawmakers to pass a medical marijuana bill. Republican state senator Bill Rabon refiled a medical marijuana legalization bill in late January that, if passed, will allow patients with several qualifying conditions, including cancer, post-traumatic stress disorder (PTSD) and epilepsy, among… Continue reading Is Weed Legalized in North Carolina? Medical Marijuana Efforts Gain Traction. This Week in Cannabis Investing
US stocks close lower to wrap up losing week as hot inflation data jolts markets
US stocks fell sharply following hotter-than-expected Core PCE data on Friday. The two-year Treasury yield neared its highest level since 2007. The S&P 500 notched its worst-performing week in 2023 as investors retreat from risk assets. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on… Continue reading US stocks close lower to wrap up losing week as hot inflation data jolts markets
Investors should pile into short-term bonds as markets wake up to the reality that the Fed is going to stay aggressive, BlackRock says
Investors may want to look to short-term bonds as stocks sell off amid fears of a hawkish Fed, per BlackRock. US 2-year treasury yields jumped near 15-year highs this week as equities retreated. Traders are assessing hotter-than-expected Core PCE data released on Friday. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Investors should pile into short-term bonds as markets wake up to the reality that the Fed is going to stay aggressive, BlackRock says
Regal Cinemas owner says shareholders could be wiped out after a lack of successful takeover offers
Cineworld, the owner of Regal Cinemas, said Friday its shareholders may be wiped out. The warning comes as the company hasn’t landed an all-cash bid to take over the entire business. Shares of Cineworld sank on Friday in UK and US trading. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Regal Cinemas owner says shareholders could be wiped out after a lack of successful takeover offers
Authorities seek arrest of man who allegedly mined crypto under a high school and stole $18,000 of electricity
In December 2021, a town found a secret crypto mining operation underneath a Massachusetts high school. Police are looking to arrest Nadeam Nahas, the town’s former assistant facilities director. Nahas failed to appear in court for an arraignment on Thursday. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Authorities seek arrest of man who allegedly mined crypto under a high school and stole $18,000 of electricity
Here’s why investing in an RRSP does make sense for many Canadians
Jamie Golombek: An RRSP can allow you to save for retirement on an effectively tax-free basis, and no, that’s not a typo The investment return on your net RRSP contribution is mathematically equivalent to the tax-free return you could achieve with a TFSA, ignoring changes in tax rates. Photo by Brent Lewin/Bloomberg The registered retirement… Continue reading Here’s why investing in an RRSP does make sense for many Canadians
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