Like all investing strategies, high-yield ETFs are a bit of a balancing act. On one hand, stocks that deliver tremendous yield can be enticing because of “guaranteed” paydays that are two times, three times or even five times the S&P 500. This is especially true in an environment of extreme market volatility like we’ve witnessed… Continue reading The 9 Best High-Yield ETFs to Buy Now
US stocks close mixed as investors nervously await November jobs report
Carla Mozée Traders work on the floor of the New York Stock Exchange. Spencer Platt/Getty Images US stocks ended mixed Thursday, marking a pullback from gains during the session. The Fed’s preferred inflation gauge rose by less than expected in October, by 0.2%. But weekly jobless claims fell, with the data arriving a day before… Continue reading US stocks close mixed as investors nervously await November jobs report
Crypto exchange Coinbase says Apple has shut down the ability for users to send NFTs because it can’t collect the 30% in-app fee
Coinbase said it has disabled NFT transfers for its mobile wallet on Thursday. Apple wants 30% of all NFT gas fees to be paid through their In-App Purchase system, the crypto exchange said. “For anyone who understands how NFTs and blockchains work, this is clearly not possible,” Coinbase said. Loading Something is loading. Thanks for… Continue reading Crypto exchange Coinbase says Apple has shut down the ability for users to send NFTs because it can’t collect the 30% in-app fee
Alibaba founder Jack Ma has been living in Tokyo since China’s tech crackdown
Ma has largely disappeared from public view since he criticized Chinese regulators two years ago Author of the article: Financial Times Kana Inagaki and Leo Lewis in Tokyo, Ryan McMorrow in Beijing and Tom Mitchell in Singapore Publishing date: Nov 30, 2022 • 7 hours ago • 3 minute read Join the conversation Jack Ma at… Continue reading Alibaba founder Jack Ma has been living in Tokyo since China’s tech crackdown
Stock Market Today: Powell Speech Sparks Massive Stock Rally
There was plenty for investors to focus on Wednesday, including a weaker-than-expected November ADP jobs report, a stubbornly high level of job openings and an upwardly revised reading on second-quarter gross domestic product (GDP). However, the main event was a mid-afternoon speech from Federal Reserve Chair Jerome Powell – and stocks reacted in a big… Continue reading Stock Market Today: Powell Speech Sparks Massive Stock Rally
Fed Chief Jerome Powell Signals Slowdown in Rate Hikes: What the Experts Are Saying
Federal Reserve Chair Jerome Powell signaled that the central bank will slow its pace of rate hikes (opens in new tab) next month, but stressed that borrowing costs will remain high for the foreseeable future in a bid to halt the worst inflation (opens in new tab) in four decades. In a speech delivered at… Continue reading Fed Chief Jerome Powell Signals Slowdown in Rate Hikes: What the Experts Are Saying
CrowdStrike Stock Is a Screaming Buy, Wall Street Says
Analysts say CrowdStrike (CRWD (opens in new tab)) is a buy on the dip after shares in the cybersecurity company lost more than 20% of their value at one point in early Wednesday trading. CrowdStrike, which provides cloud-based (opens in new tab) data protection, threat intelligence and security services, posted third-quarter results late Tuesday that… Continue reading CrowdStrike Stock Is a Screaming Buy, Wall Street Says
ADP: Hiring Slows in November to a Nearly Two-Year Low
A private reading of business hiring fell in November to the slowest pace in nearly two years, raising the possibility that job growth is beginning to cool in response to hawkish Federal Reserve policy. Businesses added 127,000 new jobs in November, according to a new report by ADP Research Institute (opens in new tab) in… Continue reading ADP: Hiring Slows in November to a Nearly Two-Year Low