First quarter of 2023 instead of the second quarter Publishing date: Oct 12, 2022 • 2 days ago • 2 minute read • 7 Comments The Royal Bank of Canada is predicting that rising interest rates and persistent inflation will push the economy into recession in the first quarter of 2023, one quarter ahead of an… Continue reading A recession in Canada will likely strike sooner than first predicted, Royal Bank says
Planning for your final years helps you and your children adjust with a little less guilt
The best gift you can give your adult children is to complete your estate and eldercare plan Educating yourself on the different options of eldercare and ensuring your financial plan is reflective of your wishes is paramount. Photo by Getty Images/iStockphoto My siblings and I won the lottery when it comes to our parents. Unfortunately,… Continue reading Planning for your final years helps you and your children adjust with a little less guilt
Stock Market Today: Stocks End Wild Week With a Loss
Stocks closed lower Friday, with the Dow Jones Industrial Average falling 1.3% to 29,634, the S&P 500 Index shedding 2.4% to 3,583, and the Nasdaq Composite surrendering 3.1% to 10,321. Today’s decline had the major market indexes paring the gains earned in Thursday’s whipsaw session, and secured weekly losses for the Nasdaq (-3.1%) and S&P… Continue reading Stock Market Today: Stocks End Wild Week With a Loss
U.S. Markets Fall amid Inflation Worries
U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve’s aggressive rate hike path could lead to an economic recession, while investors digested the early stages of earnings season. In what has been a volatile week for stocks, equities opened higher before reversing course after data from he University… Continue reading U.S. Markets Fall amid Inflation Worries
Citigroup, Wells Fargo and JPMorgan Climb. Is It Time To Buy Bank Stocks Now?
If better-than-expected quarterly results from three of the nation’s biggest financial firms are any indication, there might be bargains lurking among bank stocks. JPMorgan Chase (JPM (opens in new tab), $112.92), Wells Fargo (WFC (opens in new tab), $43.89) and Citigroup (C (opens in new tab), $43.55) marked the unofficial opening of the third-quarter earnings… Continue reading Citigroup, Wells Fargo and JPMorgan Climb. Is It Time To Buy Bank Stocks Now?
This Week in Cannabis Investing: Booker Shows Support for SAFE Banking Act
A flurry of dialogue materialized from the House and Senate in response to President Joe Biden’s executive action last week to pardon thousands of federal marijuana convictions. Senator Cory Booker (D-New Jersey) and Senate Majority Leader Chuck Schumer (D-New York) seem to be changing their tone on the SAFE Banking Act. Previously, the two Democratic… Continue reading This Week in Cannabis Investing: Booker Shows Support for SAFE Banking Act
Kiplinger’s Weekly Earnings Calendar (Oct. 17-21)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies. Please check back often. This earnings calendar is updated weekly. Monday (10/17)Tuesday (10/18)Wednesday (10/19)Thursday (10/20)Friday (10/21) (Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Oct. 17-21)
US stocks fall to cap off rocky week as traders weigh bank earnings and stubbornly high inflation
Carla Mozée Grocery shopping in Rosemead, California on April 21, 2022. Frederic J. Brown/AFP/Getty Images US stocks fell Friday, giving up early gains and failing to build on the sharp rally that occurred in the previous session. Inflation expectations among consumers rose for the first time since March, data showed Friday. Top Wall Street banks… Continue reading US stocks fall to cap off rocky week as traders weigh bank earnings and stubbornly high inflation
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