Stocks closed mixed Friday as market participants weighed a hotter-than-expected reading on wholesale-price inflation. Although select pockets of strength offset some of the selling pressure, by the closing bell two of the three major indexes closed in the red. Downbeat economic data dominated Friday’s session as market participants digested an unwelcome reading on inflation that… Continue reading Stock Market Today: Stocks Close Mixed on Wholesale Inflation Surprise
Cannabis Linked to Decreased Use of Opioids: This Week in Cannabis Investing
A federally funded study has highlighted one of the many benefits cannabis provides. From December 2019 through November 2021, researchers at the British Columbia Centre on Substance Use and the University of California, Los Angeles surveyed 205 people who used cannabis and opioids without a prescription. Through their survey, researchers learned that nearly 60% of… Continue reading Cannabis Linked to Decreased Use of Opioids: This Week in Cannabis Investing
Stock Market Today: Stocks Notch Hard-Fought Win After July CPI Report
Stocks shot higher out of the gate Thursday as investors cheered the latest inflation data. However, the enthusiasm faded as the session wore on as market participants parsed some concerning jobs data, with the main benchmarks finishing far from where they started. Data from the Bureau of Labor Statistics showed that the July Consumer… Continue reading Stock Market Today: Stocks Notch Hard-Fought Win After July CPI Report
July CPI Report: What the Experts Are Saying About Inflation
A quirk in year-over-year comparisons caused headline inflation to accelerate for the first time in more than a year in July, but the underlying data once again showed that the pace of rising prices continues to ease, the Consumer Price Index (CPI) revealed Wednesday. The July inflation reading, which was largely in line with expectations,… Continue reading July CPI Report: What the Experts Are Saying About Inflation
Stock Market Today: Stocks Drop Ahead of CPI, WeWork Tanks on Bankruptcy Concerns
Stocks closed lower again Wednesday as investors took in the latest round of corporate earnings reports and looked ahead to tomorrow’s key inflation update. Another day of notable losses for several tech- and tech-adjacent stocks didn’t help matters, with the Nasdaq Composite extending its outsized August decline. With little in the way of economic… Continue reading Stock Market Today: Stocks Drop Ahead of CPI, WeWork Tanks on Bankruptcy Concerns
What Are Dividend Stocks?
Investors have many choices these days to create income in their portfolios. One way to do so is to buy dividend stocks, especially from companies that increase their payouts over time. But what are dividend stocks? “Dividend income is often overlooked amid gyrations in the stock market,” writes John Eade, president and director of Portfolio… Continue reading What Are Dividend Stocks?
What Is the Federal Funds Rate?
If you’ve been paying attention to chatter about rising interest rates, you’ve probably come across the term “federal funds rate” – or just “fed funds rate” for short. But what exactly is the federal funds rate, and why does it matter? The factors behind this key interest rate can be confusing, but the simplest way… Continue reading What Is the Federal Funds Rate?
How High-Net-Worth Families Can Start Investing in AI
High-net-worth families have long understood the value of alternative investments. Now there’s a growing sense that the artificial intelligence (AI) revolution is the next big opportunity, even as it comes with major risks. Many just don’t know where to start. Wealthy families seek to diversify their investments to protect capital, and alternatives play a large… Continue reading How High-Net-Worth Families Can Start Investing in AI