Stock Market Today Selling ramped up in the bond market too, which sent the yield on the 10-year note to its highest level in years.Anxiety got the better of Wall Street on Tuesday, with the stock market tumbling ahead of tomorrow’s policy announcement from the Federal Reserve. Many of Wall Street’s top minds are weighing… Continue reading Stock Market Today: Stocks Slide With Fed on Deck | Kiplinger
FedEx (FDX) Earnings Warning: Recession Harbinger or Single-Stock Hiccup? | Kiplinger
Investors have plenty of worries – chief among them inflation and a potential recession. But the engine that ultimately drives the stock market is corporate profits. As long as earnings growth stays on track, then corporate America—and by extension, your stock portfolio—remains on solid ground. Which is why the recent earnings preview from FedEx (FDX)… Continue reading FedEx (FDX) Earnings Warning: Recession Harbinger or Single-Stock Hiccup? | Kiplinger
The White House Touts A Digital Dollar: What Does That Mean? | Kiplinger
Disruption. It’s coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC) in the coming years. The Departments of Energy, Commerce, the Treasury, and other agencies weighed in on how to manage and regulate a CBDC. The… Continue reading The White House Touts A Digital Dollar: What Does That Mean? | Kiplinger
10 High-Paying Dividend Stocks Yielding 5% or More | Kiplinger
The dividend yield on the S&P 500 has been hovering near its lowest level in roughly two decades for some time now, and while it’s starting to move higher, it’s still at a paltry 1.7%. So what are yield-hungry investors left to do? Thankfully, there is no shortage of high-paying dividend stocks on Wall Street.… Continue reading 10 High-Paying Dividend Stocks Yielding 5% or More | Kiplinger
What Ethereum’s ‘Merge’ Means for You, the Market, and the Climate | Kiplinger
Ethereum, the world’s second-most valuable digital currency by market capitalization, completed a long-awaited upgrade to its system on September 15. The move, known in the cryptocurrency community as “The Merge”, is expected to slash energy costs and lay the groundwork for more use of crypto technology in mainstream applications, including finance. The upgrade was one… Continue reading What Ethereum’s ‘Merge’ Means for You, the Market, and the Climate | Kiplinger
NetElixir Releases 2022 Holiday E-Commerce Sales Calendar Early; Forecasts 7% YoY Growth
Digital marketing agency predicts shifting buying behaviors will spur necessary retail strategy pivots , /PRNewswire/ — In advance of what is anticipated to be the first true “post-pandemic” holiday season, digital marketing agency NetElixir released its 2022 holiday e-commerce sales forecast calendar. Their data forecasts suggest that aggregate e-commerce sales will experience a 7% YoY increase… Continue reading NetElixir Releases 2022 Holiday E-Commerce Sales Calendar Early; Forecasts 7% YoY Growth
‘Big Short’ investor Michael Burry reveals he isn’t betting against Tesla right now – but says he should be
Michael Burry disclosed he isn’t short Tesla, but said he should be betting against the automaker. The “Big Short” investor has repeatedly blasted Elon Musk and his electric-vehicle company. Burry held bearish put options against Tesla stock in the first six months of 2021. Loading Something is loading. Michael Burry revealed he’s not betting against… Continue reading ‘Big Short’ investor Michael Burry reveals he isn’t betting against Tesla right now – but says he should be
Mortgage applications rise for the first time in 6 weeks as buyers hurry into the housing market before the Fed’s next rate hike
Weekly applications for mortgages rose for the first time in more than a month, the Mortgage Bankers Association said Wednesday. Applications rose 3.8% last week after plunging 29% in the prior week. Mortgage demand rose as people prepared for the Federal Reserve’s next rate hike. Loading Something is loading. Weekly applications for mortgages stepped higher… Continue reading Mortgage applications rise for the first time in 6 weeks as buyers hurry into the housing market before the Fed’s next rate hike
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