Canada is one of our closest neighbors and a major trading partner, so its fortunes have a big bearing on our economy. To help you understand how its economy is performing and what we think will happen across the borders in the future, our highly experienced Kiplinger Letter team will update you on the latest… Continue reading Canada’s Economic Slowdown Could Be Good for the U.S.: Kiplinger’s Economic Forecasts
Deep-Sea Mining Applications to Start in Summer: Kiplinger Economic Forecasts
Mining is the extraction of materials from the earth. While sometimes controversial, it plays a huge part in the economy as it affects the supply of raw materials which power industries. To help you understand this sector, our highly experienced Kiplinger Letter team will update you on major developments (Subscribe to The Kiplinger Letter or… Continue reading Deep-Sea Mining Applications to Start in Summer: Kiplinger Economic Forecasts
How to Find High Yields in Today’s Market
Late to address the inflation challenge, the Federal Reserve Board has made up for lost time by jacking up the federal funds rate (the rate banks charge each other for overnight loans) by 4.75 percentage points since March 2022. The rate hikes have not yet slain the inflation bogeyman — but did succeed in crushing… Continue reading How to Find High Yields in Today’s Market
Who’s Better at Stock Picking: Human Traders or Computers?
High-frequency stock trading has dominated Wall Street for years. But do those sophisticated trading algorithms really deliver better returns than human stock traders? Researchers from the University of Utah and State University of New York at Buffalo studied head-to-head data from the New York Stock Exchange (opens in new tab) (NYSE) during the COVID-19 pandemic,… Continue reading Who’s Better at Stock Picking: Human Traders or Computers?
Stock Market Today: Apple Earnings, Bank Stocks Spark Relief Rally
Stocks rallied hard Friday despite a stronger-than-expected jobs report. A significant driver behind today’s broad market gains was an impressive earnings report from mega-cap tech giant Apple (AAPL (opens in new tab)), while a rebound in regional bank stocks also lifted sentiment. Ahead of the opening bell, the Bureau of Labor Statistics (opens in new… Continue reading Stock Market Today: Apple Earnings, Bank Stocks Spark Relief Rally
Green Thumb Industries is a Cannabis Cash Cow: This Week in Cannabis Investing
As multi-state operators kick off 2023 earnings, Green Thumb Industries (GTBIF (opens in new tab)) reported strong cash flow generation despite a muted top-line result. Q1 revenue for the industry leader was up 2.4% year-over-year. Same-store sales grew 6%, which helped drive total retail growth of 9.4% and offset wholesale declines of 14.7%. Management attributed… Continue reading Green Thumb Industries is a Cannabis Cash Cow: This Week in Cannabis Investing
Stock Market Today: Stocks Slide as Regional Bank Rout Worsens
Panic selling in regional bank stocks resulted in losses for the major indexes Thursday. PacWest Bancorp (PACW (opens in new tab)) suffered the most devastating decline, shedding half its value after the California-based lender said in a statement (opens in new tab) it is considering “strategic asset sales,” and “will evaluate all options to maximize… Continue reading Stock Market Today: Stocks Slide as Regional Bank Rout Worsens
Lawmakers Call for Stock Trading Ban for Members of Congress
A group of U.S. lawmakers — including the unlikely pairing of GOP Rep. Matt Gaetz (R-Fla.) and Democrat Rep. Alexandria Ocasio-Cortez, (D-NY), normally at opposite ends of the political spectrum — is pushing for a stock trading ban to be passed in a bill dubbed the Bipartisan Restoring Faith in Government Act (opens in new… Continue reading Lawmakers Call for Stock Trading Ban for Members of Congress