Shares of AT&T (T) and Verizon Communications (VZ) sport two of the highest dividend yields in the S&P 500, and that’s making some equity income investors increasingly nervous. The reason being that the dividend yields on these telecommunications stocks are unusually elevated because their share prices are in the dumps. Recall that stock prices and… Continue reading AT&T, Verizon Dividends Look Safe, Analyst Says
One jarring chart shows just how empty remote work will leave office buildings
As remote work remains popular, office buildings will become increasingly empty. Goldman Sachs estimated vacant office space will jump by 267 million square feet over the next decade and beyond. Office leases will see a big ramp-up in expirations starting in 2030, a note said. Loading Something is loading. Thanks for signing up! Access your… Continue reading One jarring chart shows just how empty remote work will leave office buildings
Homes are so expensive in the US that 38% of young buyers say they were only able to break into the market with help from their family
A Redfin survey found 38% of under-30 homebuyers relied on financial help from family to afford a down payment. That came in the form of a cash gift or an inheritance, the survey said. First-time homeownership has become increasingly expensive, keeping more young people sidelined. Loading Something is loading. Thanks for signing up! Access your… Continue reading Homes are so expensive in the US that 38% of young buyers say they were only able to break into the market with help from their family
My mortgage is coming up for renewal – what should I do now?
HELOC vs. fixed rate vs. variable rate Published Aug 29, 2023 • Last updated 2 hours ago • 6 minute read Interest rates on mortgages have gone up a great deal in the last year and a half, but homeowners who are renewing should be more concerned with where those rates might be headed. Photo by… Continue reading My mortgage is coming up for renewal – what should I do now?
Instacart Files to Go Public
Grocery delivery service Instacart has filed for an initial public offering (IPO) to list stock on the Nasdaq exchange under the ticker symbol “CART.” The company, which filed the IPO under the name Maplebear, did not disclose the number of shares or the expected price range in its Securities and Exchange Commission (SEC) filing. According… Continue reading Instacart Files to Go Public
Stock Market Today: Stocks Close Higher Ahead of Key Inflation, Jobs Data
Stocks closed higher Monday as investors brushed off concerns over the possibility of more interest rate hikes. Federal Reserve Chair Jerome Powell said in his speech at Jackson Hole last Friday that the central bank is prepared to do whatever it takes to bring inflation down, even if that means additional rate hikes. Powell also… Continue reading Stock Market Today: Stocks Close Higher Ahead of Key Inflation, Jobs Data
Is the Stock Market Open on Labor Day?
Is the stock market open on Labor Day? The answer to this question is no. The stock market will be closed Monday, September 4, for the Labor Day holiday. Bond traders will get an extended weekend too, with the bond market also closed on Monday. Unlike some market holidays, however, there are no early hours… Continue reading Is the Stock Market Open on Labor Day?
Americans Expect Higher Wages
Americans are expecting higher pay, even as the outlook for the job market has dimmed a bit, according to a July consumer survey released recently by the Federal Reserve Bank of New York. The Fed’s July SCE Labor Market Survey uncovered new findings about the current job market. This report analyzes worker expectations and the… Continue reading Americans Expect Higher Wages
Recent Post
