A blowout earnings report and artificial intelligence (AI) outlook from Nvidia (NVDA) temporarily took Wall Street’s mind off the looming debt ceiling deadline. While NVDA’s good vibes spread to several other tech stocks, fellow chipmaker Intel (INTC) tumbled in reaction to the impressive results. Indeed, INTC was one of the worst-performing blue chip stocks today,… Continue reading Stock Market Today: Stocks Rise After AI Outlook Sparks Explosive Nvidia Rally
Best Retirement Stocks to Buy Now
The best retirement stocks are those that have dividends that can be sustained by earnings over the long term. This means the company can afford to pay dividends out of income, and still have enough left over to cover its capital requirements. Ben Graham, the original value investor, wrote that a public company should pay… Continue reading Best Retirement Stocks to Buy Now
Farmers Face Lower Costs, Greater Weather Risks: Kiplinger Economic Forecasts
The fortunes of the agricultural sector have a major impact on the prices we pay for essential goods and therefore the wider economy. So to help you make better investment and other financial decisions we will keep you in the loop on major developments in this market (Get a free issue of The Kiplinger Letter… Continue reading Farmers Face Lower Costs, Greater Weather Risks: Kiplinger Economic Forecasts
New Emissions Limits to be Introduced: Kiplinger Economic Forecasts
The way businesses and industries are regulated affects people and the economy. So our hugely experienced Kiplinger Letter team will keep you abreast of the latest regulatory developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You will get all the latest news first by subscribing, but we will publish many… Continue reading New Emissions Limits to be Introduced: Kiplinger Economic Forecasts
Stock Market Today: Stocks Sink on Debt Ceiling Impasse
Stocks spent all of Wednesday in negative territory as uncertainty surrounding the debt ceiling and possible default weighed on sentiment. Attention was temporarily diverted by this afternoon’s release of the minutes from the latest Fed meeting, which showed “several” central bank officials supporting a pause in rate hikes. The bulk of today’s headlines centered on… Continue reading Stock Market Today: Stocks Sink on Debt Ceiling Impasse
Stock Market Today: Debt Ceiling Anxiety Weighs on Stocks
Debt ceiling jitters kept stocks in the red today. While President Joe Biden said that Monday night’s meeting with House Speaker Kevin McCarthy was “productive” and that “default is off the table,” investors have yet to see signs that lawmakers are nearing a resolution. An unencouraging tweet about the debt ceiling from Punchbowl News only… Continue reading Stock Market Today: Debt Ceiling Anxiety Weighs on Stocks
Is Investing in Bitcoin and Other Cryptocurrencies Really Just Gambling?
If you buy cryptocurrency, are you just taking a punt on it performing well, or is it a genuine investment like buying shares and commodities? Many people have asked that question as Bitcoin, Ethereum and other cryptocurrencies have boomed in popularity over the past few years, which has brought riches to some but financial catastrophe… Continue reading Is Investing in Bitcoin and Other Cryptocurrencies Really Just Gambling?
Is the Stock Market Open on Memorial Day?
Is the stock market open on Memorial Day? The answer to this question is no. The stock market will be closed Monday, May 29, for Memorial Day. The federal holiday, which was originally known as Decoration Day, honors fallen military personnel. Memorial Day also serves as the unofficial start of summer. Peter McNally, global sector… Continue reading Is the Stock Market Open on Memorial Day?