Inflation cooled for a second straight month in November and by far more than economists were expecting, helping to bolster the case that our current period of fast-rising prices (opens in new tab) might be receding into the past. The Consumer Price Index rose just 0.1% last month (opens in new tab) vs. a 0.4%… Continue reading Inflation Cools in November: What the Experts Are Saying
Stock Market Today: Markets Rally Ahead of Key Inflation Report
Stocks kicked off a pivotal week on an upbeat note, boosted by some blue-chip mergers and acquisitions news and a buoyant reading on consumer expectations. Mostly, however, Monday was a “wait-and-see” session. After all, tomorrow’s critical reading on inflation (opens in new tab) and an interest rate (opens in new tab) announcement from the Federal… Continue reading Stock Market Today: Markets Rally Ahead of Key Inflation Report
November’s Inflation Report: What to Expect
The last inflation report of 2022 will land before Tuesday’s opening bell and it’s fair to assume the market will be holding its breath. With the Federal Reserve set to issue its final rate-hike decision of the year on Wednesday afternoon, the last thing traders and investors want is any sort of nasty surprise about… Continue reading November’s Inflation Report: What to Expect
What’s Next for Cryptocurrency After the Collapse of FTX?
A wave of bankruptcies in the cryptocurrency industry have raised concerns about the future of digital assets in general, and whether the industry will make it through this market crash. First, consider the breadth of the carnage: The list of bankruptcies in the cryptocurrency market related to liquidity problems has grown substantially this year. To… Continue reading What’s Next for Cryptocurrency After the Collapse of FTX?
How to Invest at Any Age
Along with saving for a down payment or setting aside money for college, planning for retirement tops most Americans’ list of investment priorities. But the strategies that make the most sense when you’re 25 — Take on risk! Focus on stocks! — don’t necessarily make sense as you enter your 30s and 40s. That’s why… Continue reading How to Invest at Any Age
Kiplinger’s Weekly Earnings Calendar (Dec. 12-16)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. Please check back often. This earnings calendar is updated weekly. Monday (12/12)Tuesday (12/13)Wednesday (12/14)Thursday (12/15)Friday (12/16)(Editor’s Note: Earnings dates in tables are tentative. However, companies featured in “Earnings Spotlights” have officially announced their earnings… Continue reading Kiplinger’s Weekly Earnings Calendar (Dec. 12-16)
Stock Market Today: Hotter-Than-Expected Inflation Data Keeps Lid on Stocks
Stocks ended the week on a down note following a disappointing reading on inflation. The Labor Department said earlier that the producer price index (PPI), which measures what suppliers are charging businesses and other customers for goods and services, was up 7.4% year-over-year in November and 0.3% month-over-month. Ahead of next week’s Fed meeting, investors… Continue reading Stock Market Today: Hotter-Than-Expected Inflation Data Keeps Lid on Stocks
Lawmakers Delay SAFE Banking Act: This Week in Cannabis Investing
This week, cannabis industry advocates were closely watching to see if the National Defense Authorization Act (NDAA) would be used as a vehicle to advance legislation on cannabis banking reforms such as the Safe Banking Act or Safe Plus. This pathway seems all but closed after legacy remarks from Republican Senator Mitch McConnellof Kentucky came… Continue reading Lawmakers Delay SAFE Banking Act: This Week in Cannabis Investing