(Bloomberg) — Global markets showed signs of stability as traders awaited further developments in the Middle East following Iran’s unprecedented attack on Israel this weekend. Most read from Bloomberg The dollar was little changed against its Group of 10 peers, while government bonds headed lower after yields fell in the previous session. Oil prices fell… Read More »
U.S. consumer prices came in higher than expected in March, according to the latest Bureau of Labor Statistics data released Wednesday morning. The consumer price index (CPI) rose 0.4% in March from the previous month and 3.5% from the previous year, an acceleration from the annual price increase of 3.2% in February. The data matched… Read More »
U.S. manufacturers have been under pressure over the past two years due to persistent supply chain disruptions and high interest rates, but the sector finally grew in March for the first time in 16 months, according to the Institute for Supply Management. But a revival of the sector could complicate the Federal Reserve’s ongoing inflation… Read More »
From groundbreaking technological advancements to disruptive business models, each member of the ‘Magnificent Seven’ has carved out a niche for themselves in the global economy. This group of mega-cap companies, consisting of Apple, Amazon, Alphabet, Microsoft, Metaplatforms, NVIDIAAnd Tesla (NASDAQ: TSLA)represents the pinnacle of success, with market dominance, visionary leadership and unparalleled growth prospects. Amid… Read More »
Good news for buyers – bad news for borrowersManufacturers New car supply in the U.S. is at about pre-pandemic levels, although inventories for Honda and Toyota remain low, according to Cox Automotive. The higher inventory levels that are fueling a return to substantial sticker price discounts are offset by the high interest rates set by… Read More »
Major US stock indexes are off record highs ahead of the all-important Federal Reserve meeting in March. On Wednesday, that tension will finally disappear. The U.S. central bank will release its latest monetary policy decision and updated economic projections at 2 p.m. (ET) Wednesday afternoon, with investors looking for an answer to one key question:… Read More »
The Vanguard S&P 500 ETF (NYSEMKT: VOO) is a top choice for most index fund investors. Even Warren Buffett recommends it over any other investment. There’s a good reason for that. Its low expense ratio and tight index tracking make it a top choice for anyone looking to match the returns of the stock market… Read More »
The market has recovered impressively in recent months, with the S&P500 index hits record highs confirming a new bull market in stocks is underway. This recent rally could put pressure on some stock valuations, making it harder to find deals. Good news for you: there are still many offers on the market today. Bank stocks… Read More »
(Bloomberg) — After years of managing household budgets under the stress of the worst inflation in a generation, American families are increasingly being squeezed by a different kind of financial pressure: the cost of taking on debt. Most read from Bloomberg Two years after the Federal Reserve began raising interest rates to keep prices in… Read More »
Utilities are conservative income stocks with a reputation for being safe enough to be suitable for widows and orphans. That’s true for some tools, but NextEra Energy (NYSE: NO) bucks the trend (in a good way). While NextEra operates a boring utility, it also owns a fast-growing renewable energy company. For growth, income and dividend… Read More »