Stocks managed to eke out gains on light volume Wednesday as traders remained cautious ahead of Federal Reserve Chairman Jerome Powell’s highly anticipated speech later this week. The Fed chief will speak at the central bank’s annual policy symposium in Jackson Hole, Wyo., on Friday morning. And until he does, stocks will likely continue to… Continue reading Stock Market Today: Markets Edge Higher in Quiet Session | Kiplinger
What Is an Initial Public Offering (IPO)? | Kiplinger
investing Investors can reap big gains from IPOs, but understanding how a company goes public can help avoid pitfalls.An initial public offering (IPO) enables a private company to go public by issuing its own shares on a stock exchange for the first time. In this way, any investor can buy shares and the company can… Continue reading What Is an Initial Public Offering (IPO)? | Kiplinger
Stock Market Today: Weak Data Weigh on Stocks | Kiplinger
Stock Market Today A twin bill of bearish reports only added to worries about the wisdom of the Fed hiking rates even as recession remains a possibility.Markets closed mixed Tuesday after a choppy session driven by downbeat economic data and mounting anxiety over the Federal Reserve’s determination to stamp out inflation. On the economic front,… Continue reading Stock Market Today: Weak Data Weigh on Stocks | Kiplinger
These States Could Legalize Marijuana Soon | Kiplinger
Politics Initiatives on ballots this November reflect growing bipartisan support for legal recreational pot.Voters in several states will decide in November whether to legalize recreational marijuana for adult use. If all the initiatives pass, nearly half of all states will allow their residents to legally use marijuana for recreational consumption. Ballot initiatives that would set… Continue reading These States Could Legalize Marijuana Soon | Kiplinger
Hey, Investors: Do You Barbell? | Kiplinger
investing Don’t overlook this simple yet effective strategy within your stock and bond allocations.In the physical world, a barbell is a bar with two equal weights on either side that offset one another, creating a perfect balance. Apply this same concept to the investing world, and you have a very simple strategy (by the same… Continue reading Hey, Investors: Do You Barbell? | Kiplinger
Playing Favorites: 5 Top Stocks for Inflation | Kiplinger
Rising prices have been top of mind for investors all year long. But those worried about the lasting effects of inflation on their portfolios should know that there are several areas of the market that can offer safety amid increasing costs. Investors seeking out the best stocks for inflation should consider companies that capitalize on… Continue reading Playing Favorites: 5 Top Stocks for Inflation | Kiplinger
Stock Market Today: Dow Plunges 643 Points as Treasury Yields Climb | Kiplinger
Stock Market Today Growth stocks were some of the biggest losers today as government-bond yields spiked.Stocks sold off sharply Monday as the 10-year Treasury yield continued to climb. The yield on this closely watched government bond jumped 4 basis points to 3.029% – marking its first trip above the 3% threshold since late July. (A… Continue reading Stock Market Today: Dow Plunges 643 Points as Treasury Yields Climb | Kiplinger
Peloton Interactive Stock Volatile Ahead of Earnings | Kiplinger
stocks Our preview of the upcoming week’s earnings reports includes Peloton Interactive (PTON), Salesforce (CRM) and Snowflake (SNOW).Peloton Interactive (PTON, $12.66) takes the spotlight on this week’s earnings calendar ahead of the Aug. 25 open. Analysts, on average, expect Peloton to report a per-share loss of 72 cents in its fiscal fourth quarter, slightly wider than… Continue reading Peloton Interactive Stock Volatile Ahead of Earnings | Kiplinger