US stocks fell Tuesday as rising oil and eurozone prices renewed inflation fears. But the Dow and the S&P 500 closed a volatile month of trading flat. Slow growth poses a headwind for stocks, and earnings estimates are too high, Morgan Stanley analysts said Tuesday. Loading Something is loading. US stocks dropped Tuesday as investors… Continue reading US stocks fall amid inflation fears but the Dow and S&P 500 end a volatile month flat
Russia’s central bank says its open to using cryptocurrency for international payments as a way to counter Western sanctions
Russia is considering allowing cryptocurrency to be used for international payments, Reuters reported Tuesday. The central bank sees such a move as mitigating the impact of Western sanctions. Bank of Russia still sees a threat from crypto use within the country. Loading Something is loading. The Russian government is willing to consider allowing the use… Continue reading Russia’s central bank says its open to using cryptocurrency for international payments as a way to counter Western sanctions
Energy stocks dominate the list of top gainers in the S&P 500 as companies see big profits amid oil’s surge to the highest price in nearly 15 years
Energy stocks are dominating the list of new highs in the S&P 500 as oil prices approach 2008 levels.Investor appetite for energy stocks has increased as profits surge higher for the sector.The new highs could continue as travel demand heats up over the summer months and as supply remains constrained. Loading Something is loading. While… Continue reading Energy stocks dominate the list of top gainers in the S&P 500 as companies see big profits amid oil’s surge to the highest price in nearly 15 years
Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus measures
US-listed Chinese stocks rose Tuesday as Shanghai began lifting COVID-19 restrictions. Alibaba and JD.com gained as China’s financial hub was getting back to work after a two-month lockdown. Shanghai unveiled a list of 50 stimulus measures aimed a boosting growth. Loading Something is loading. Shares of Alibaba and other US-listed Chinese companies pushed higher Tuesday… Continue reading Alibaba and other Chinese stocks get a boost after Shanghai lifts COVID-19 restrictions and officials unveil stimulus measures
Insider stock purchases are at the highest level in more than 2 years, potentially signaling a market bottom
Corporate executives are buying stock in their own companies at the highest pace since March 2020. Experts say the uptick in insider stock purchases could be a sign that the market sell-off has hit a bottom. Howard Schultz, who recently returned to Starbucks as CEO, bought $15 million shares. Loading Something is loading. Corporate executives… Continue reading Insider stock purchases are at the highest level in more than 2 years, potentially signaling a market bottom
Score an Amazon Halo Band Fitness Tracker for 15% off
Amazon’s Halo Band monitors your workouts and day-to-day activity with advanced sensors, and can help you on your fitness journey. Amazon The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. If you’re after a fitness tracker that will let… Continue reading Score an Amazon Halo Band Fitness Tracker for 15% off
A Hidden Reason Why Gas Prices Are Headed Higher
Gasoline prices are at record highs and likely headed higher. The price of a gallon of regular gasoline is above $4 in all states, above $5 in several, and above $6 in California, according to AAA data. Nationally the average price of a gallon of gasoline was $4.62 on May 31, as the summer driving… Continue reading A Hidden Reason Why Gas Prices Are Headed Higher
Is Tax-Efficient Investing Possible With Acorns, Betterment, Stash, and Robinhood?
As technology grows and investing tools become more commonplace, there’s plenty to keep in mind to ensure you’re minimizing your tax liability. However, despite the availability of new tools and lower transaction costs, the amount you pay in taxes as a result of your investing decisions generally remains the same if these trades happen in… Continue reading Is Tax-Efficient Investing Possible With Acorns, Betterment, Stash, and Robinhood?
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