Brian Evans Wall Street has been hit by a brutal market sell-off this year. Spencer Platt/Getty Images Apple’s post-earnings surge helped lift US stocks on Friday after other tech giants disappointed. The Dow Jones Industrial Average notched its sixth consecutive daily gain and its fourth straight weekly gain. But Amazon stock sank after giving weak… Continue reading Dow soars 800 points and notches 4th straight weekly gain as US stocks ride Apple’s post-earnings surge
Apple surges to add $178 billion in market value as 4th-quarter earnings help drive a turnaround in the stock market
Apple soared 8% on Friday following the release of its better-than-expected fourth-quarter earnings report.The iPhone maker added $178 billion in market value on Friday and helped drive a strong rebound in the stock market.”Apple saves the market from big tech meltdown,” Louis Navellier said in a Friday note. Loading Something is loading. Thanks for signing… Continue reading Apple surges to add $178 billion in market value as 4th-quarter earnings help drive a turnaround in the stock market
The Fed won’t pivot from its rate hikes until the end of 2023, as inflation is persistent and the economy isn’t slowing as expected, JPMorgan strategist says
The Fed won’t pivot from rate hikes until the end of 2023, according to JPMorgan strategist Julia Wang. Wang pointed to strong GDP and labor market data, which would bolster the economy as the Fed keeps hiking rates. “The weakness in the economy isn’t really as big or coming as fast as people have expected,”… Continue reading The Fed won’t pivot from its rate hikes until the end of 2023, as inflation is persistent and the economy isn’t slowing as expected, JPMorgan strategist says
There’s a good side to oligopolies and a lack of competition if you’re an investor
Tom Bradley: What’s hammering your budget may be benefiting your portfolio Loblaw Cos. Inc. has reported such strong profits that it’s now taking heat for gouging customers who are struggling with food inflation. Photo by Peter J. Thompson/National Post Investment managers often talk about buying companies that have pricing power. That is, ones that have… Continue reading There’s a good side to oligopolies and a lack of competition if you’re an investor
Three strategies for retirees to consider in times of market volatility
A big part of investment success is how you manage emotions during market volatility A screen displays stock charts while a trader works at his post on the floor at the New York Stock Exchange. Photo by Brendan McDermid/Reuters files In my work with families who are approaching, or already in, retirement, I find one… Continue reading Three strategies for retirees to consider in times of market volatility
FP Answers: Is whole life insurance a good investment? If so, in what circumstances?
If you have a large or complicated estate, it pays to take a look at insurance, experts say Whole life insurance can be a controversial product. Photo by Getty Images/iStockphoto By Julie Cazzin and Allan Norman Advertisement 2 This advertisement has not loaded yet, but your article continues below. Q: “My wife and I are… Continue reading FP Answers: Is whole life insurance a good investment? If so, in what circumstances?
Elon Musk completes his US$44B takeover of Twitter, CEO among top executives departing
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What is the Bank of Canada interest rate?
What is the Bank of Canada? The Bank of Canada is responsible for promoting “the economic and financial welfare of Canada.” As Canada’s national bank, it accomplishes this through a variety of ways. Monetary policy: The policies set out by the bank help circulate money and stabilize inflation. Much of this is accomplished by setting… Continue reading What is the Bank of Canada interest rate?
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