JPMorgan Chase, Stock Of The Day, Hits All-Time High After Boosting Buybacks And Dividends
Earnings should continue to benefit from higher rates, but growth is slowing. JPMorgan Chase stock pegged an all-time high.
Earnings should continue to benefit from higher rates, but growth is slowing. JPMorgan Chase stock pegged an all-time high.
A tax expert explains why you could owe money to the ATO this year.
The Oracle of Omaha has a simple solution.
Becoming a millionaire is the dream, one that can become a reality even for those who were not born into affluent families. According to The Ascent, roughly 8.8% of the American population is a...
Many people simply leave a large chunk of money in their checking accounts and let it sit there. But is that the best move? Probably not. GOBankingRates spoke to Rachael P., a seasoned bank teller who...
Investors are looking to the June jobs report for signs of more softening in the labor market that could lay the ground for rate cuts.
Collins Foods Limited ( ASX:CKF ) is about to trade ex-dividend in the next 2 days. The ex-dividend date is usually set...
Key Insights Using the 2 Stage Free Cash Flow to Equity, Airtasker fair value estimate is AU$0.57 Current share price...
(Bloomberg) -- Samsung Electronics Co. posted its fastest pace of sales and profit growth in years, reflecting a recovery in memory chip demand as AI development accelerates globally. Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossIran Elects President Who Wants to Revive Nuclear Talks With WestBiden’s Defiant Interview Unlikely to Calm Democratic NervesTrump Distances Bid From Second-Term Agenda Pushed by AlliesA $14 Billion Walmart Heir Joins Novogratz
A tax expert explains why getting a big tax refund is actually a bad thing.
For many Americans, becoming a millionaire -- or even a multi-millionaire -- is a dream come true. As for those who want to retire early, it's also a bit of a necessity, given the high cost of living...
On today's episode of Morning Brief, Brian Sozzi and Brad Smith break down the market open and some of the biggest stories from the trading day, from June's jobs report to the results of the UK general election. US equity markets (^DJI, ^IXIC, ^GSPC) opened Friday's session largely flat, coming off the July 4th holiday and June's jobs data. Nonfarm payrolls rose above expectations for the month of June as the US Bureau of Labor Statistics reported 206,000 new jobs added compared to economist estimates of 190,000. The US unemployment rate ticked up to 4.1%, while many experts were originally forecasting it to hold at 4.0%. A meriprise Financial Vice President of Equity Research Justin Burgin characterizes the data positively, highlighting the job additions and the unemployment numbers and noting that "it beats what we got last month." Acting US Secretary of Labor Julie Su joins The Morning Brief to discuss the employment growth seen under the Biden administration, saying, "If you recall, on this day in 2020, under the last administration, the unemployment rate was nearly 12%, and there was no national strategy to address the economy or the global pandemic." Secretary Su adds, "President Biden came in with a national strategy, we've been implementing it, and of course there's more work to do." Collapsed bitcoin (BTC-USD) exchange Mt. Gox is reportedly beginning to pay back the nearly $9 billion in bitcoin it owes to customers from its 2014 bankruptcy. With the influx of the cryptocurrency into crypto markets, investors are concerned that customers might sell off the coins quickly. Token Bay Capital Founder and Managing Partner Lucy Gazmararian notes that the Mt. Gox repayment event has been "tracked quite thoroughly in Bitcoin circles" and was largely "anticipated." She suggests that "any selling [in bitcoin] is likely to be staggered" rather than occurring all at once. Moreover, she questions whether significant selling will materialize at all, stating, "people are likely to hold bitcoin for the longer term." Keir Starmer led the Labour Party to a landslide victory in Britain's July 4th election. Yahoo Finance Senior Reporter Akiko Fujita analyzes the British pound's reaction to these headlines and Goldman Sachs' current outlook on Britain's economic growth as Starmer shifts into his new leadership role as UK prime minister. Over in the US, President Joe Biden is under pressure from key Democratic donors — like Disney (DIS) heiress Abigail Disney — who are withholding their money until he steps aside as the Democratic nominee in the 2024 presidential election. On the tech front, Nvidia (NVDA) shares dipped in pre-market trading after New Street Research downgraded the chipmaker's stock to a Neutral rating. On the other hand, shares of Samsung (005930.KS) have jumped to their highest level since January 2021 after the company posted its fastest pace of sales and profit growth in several years. This post was written by Melanie Riehl
We recently compiled a list of the 10 Best Restaurant Stocks to Buy Today. In this article, we are going to take a look at where Chipotle Mexican Grill, Inc. (NYSE:CMG) stands against the other restaurant stocks. Currently, quite a bit of anxiety is struck by restaurant stocks in the market, as the Russell index […]
Let's talk about the popular Xero Limited ( ASX:XRO ). The company's shares saw a double-digit share price rise of over...
Investors will be turning their attentions next to the King’s Speech on July 17 and the prospect of an interest rate cut in August, experts said.
Unfortunately, today's tax savings can be tomorrow's tax burden.
China's central bank has hundreds of billions of yuan worth of bonds at its disposal to borrow, and will sell them depending on market conditions, the bank told Reuters on Friday, part of a plan markets see as an effort to cool a powerful bond rally. The People's Bank of China (PBOC) will borrow the medium- and long-term bonds on an open-ended unsecured basis and sell them depending on market conditions, as it has signed agreements with several major financial institutions regarding bond borrowing, according to the bank. The official remarks come at a time China's sovereign bonds have performed strongly this year, with yields hitting record lows, as a wobbly economy and volatile stock markets pushed savers into fixed-income safe haven investments.
Tesla stock has soared over the last month as the EV maker's poor 2024 has turned around following excitement for its robotaxis, its AI exposure, and better deliveries data.
‘If they let him out, he was going to kill her,’ Lauren Johansen’s father said he warned a judge just days before his daughter’s death
From the outside the home looked ordinary, but in the backyard investigators made a worrying discovery. Find out what it was.
Scientists say they’ve confirmed Earth’s inner core has been slowing down. Here’s what it could mean — and why the topic has been the subject of fierce debate.