FP Answers: How should I invest the $260,000 my father left me in his will?

Both debt repayment and investing are good options, financial planner says Publishing date: Jun 03, 2022  •  23 hours ago  •  4 minute read  •  6 Comments One simple solution would be paying off the mortgage in full. Photo by Getty Images/iStockphoto By Julie Cazzin with Brenda Hiscock Advertisement 2 This advertisement has not loaded yet,… Continue reading FP Answers: How should I invest the $260,000 my father left me in his will?

Stock Market Today: May’s Surprising Jobs Data Slams Brakes on Stocks | Kiplinger

It was a “good news is bad news” trading session Friday. Rather than cheer a better-than-expected May jobs report, investors pondered how the encouraging numbers would affect the Federal Reserve’s path forward. The Labor Department reported that May nonfarm payrolls grew by 390,000, which was much better than the 318,000 expected. It wasn’t a perfect… Continue reading Stock Market Today: May’s Surprising Jobs Data Slams Brakes on Stocks | Kiplinger

Stock Market Today: Stocks Stumble to Start But End With a Win | Kiplinger

Stock Market Today The major indexes started the day lower on Microsoft’s weak guidance, but rallied into the close.Stocks endured another roller-coaster session on Thursday as investors weighed a weak forecast from one tech giant, the latest comments on the Federal Reserve’s rate-hike timeline and mixed jobs data. Microsoft (MSFT, +0.8%) was the main catalyst… Continue reading Stock Market Today: Stocks Stumble to Start But End With a Win | Kiplinger

The 10 Best High-Growth Stocks to Buy | Kiplinger

Except for energy stocks, 2022 has been a very difficult year to find any equities able to perform well in these volatile markets. And high-growth stocks have been hit especially hard. Consider this: The iShares Russell 1000 Growth ETF (IWF), which tracks the performance of the Russell 1000 Growth Index, is down 23% year-to-date, compared… Continue reading The 10 Best High-Growth Stocks to Buy | Kiplinger

Nasdaq drops more than 2% to lead US stocks lower as the major indexes return to weekly losses

US stocks dropped Friday following a stronger-than-expected jobs report.  The Nasdaq lost more than 2% and the Dow Jones Industrial Average shed over 300 points.  A top energy analyst said that Russia could lose its relevance in OPEC+ as sanctions continue to weigh on the warring nation.   Loading Something is loading. US stocks skidded lower… Continue reading Nasdaq drops more than 2% to lead US stocks lower as the major indexes return to weekly losses

China’s yuan could strength against the dollar as the Fed struggles to balance growth and inflation, says top Beijing official

The yuan won’t face as much volatility and can strengthen against the dollar, a Chinese official said. China’s economy is gaining momentum, while US central bank policies could weaken the dollar.  “Many market institutions believe it will become more difficult for the Fed to stabilize growth while controlling inflation.” Loading Something is loading. The deputy… Continue reading China’s yuan could strength against the dollar as the Fed struggles to balance growth and inflation, says top Beijing official

Lumber prices see no relief and continue to drop as Fed rate hikes put pressure on the housing market

Lumber prices continue to fall as future Fed rate hikes are poised to put more pressure on the housing market.Fed Vice Chair Lael Brainard said it’s “very hard to see the case” to pause its interest rate hikes.Lumber prices have dropped 48% year-to-date as mortgage rates jumped above the 5% threshold. Loading Something is loading.… Continue reading Lumber prices see no relief and continue to drop as Fed rate hikes put pressure on the housing market

New York has passed a bill placing a moratorium on cryptocurrency mining as state lawmakers seek to address environmental concerns

New York lawmakers on Friday passed a bill putting a moratorium on certain crypto mining operations.  The state Senate in a 36-27 vote approved a two-year moratorium targeting proof-of-work, carbon-based projects.  The Blockchain Association called the bill “misguided”.  Loading Something is loading. New York state lawmakers on Friday passed a bill that will halt certain… Continue reading New York has passed a bill placing a moratorium on cryptocurrency mining as state lawmakers seek to address environmental concerns