Over twenty options to earn 5.50% or more
We may have lost a passing national leader earlier this week, but your list of opportunities to earn an elite CD rate is still going strong. A whopping 27 certifications in our daily ranking of the best CDs nationwide
Old Dominion is bidding $1.5 billion on the Yellow stations
Old Dominion beats Estes' offering of Yellow stations. (Photo: Jim Allen/Free Waves)Old Dominion Freight Line, which has less than a truckload, has entered into a $1.5 billion bid for Yellow Corp.'s terminals. The new show Bid price exceeds
The Chinese economy is faltering. Here’s how its problems can spill over into global markets.
China's economy is faltering, and experts warn its problems could affect global growth and business.Lintao Zhang/Getty StaffThe Chinese economy is facing headwinds ranging from property market instability to weak consumer demand.Experts told Insider that the deteriorating scenario in China does
Warren Buffett, Michael Berry and other big investors revealed interesting portfolio changes this week. Here are 4 major trades.
Warren Buffett.Kevin LaMarque/ReutersWarren Buffett, Michael Berry, and others made amazing changes to their portfolios last quarter.Buffett's Berkshire Hathaway invested in homebuilders, while Perry established short-term positions.Companies associated with Dan Loeb, David Tepper, and Stanley Druckenmiller have acquired Nvidia shares.Warren Buffett,
Maker of $400 golf putter set to end week at under $4 IPO price after first filing
(Bloomberg) -- Sacks Parente Golf ended its first week of trading lower, just days after it made its best initial public offering (IPO) debut on a U.S. stock exchange this year.Most Read from BloombergShares fell 20% on Friday, the third
Bank of America says $1 trillion in high-yield debt accumulated in the past five years is about to have a ‘day of reckoning’
Photo by DON EMMERT/AFP/Getty ImagesBank of America has warned that about $1 trillion in private debt is heading into potential trouble.Most of this debt was created by companies with a lower investment rating through high-yield loans or bonds.About $400 billion
More Americans are now 401(k) millionaires
More people could retire as millionaires.The number of people with $1 million or more saved in their 401(k) accounts jumped 10% from April to the end of June, according to Fidelity Investments. There was also a 13% share of
Help me understand math. How does donating to charity reduce my taxes?
Ask an advisor: help me understand math. How does donating to charity reduce my taxes?If you give $50,000 in cash to charity, does that reduce your adjusted gross taxable income (AGI) by $50,000? So if my adjusted gross
Is it really enough to be considered middle class in these American cities?
Single family homes with skyscrapers in the background.The middle class has long been considered the backbone of the American economy. But the American middle class is shrinking. The percentage of adults living in middle-income households in the United
Is your retirement income above average in America?
Smart Established: What is the average retirement income?I wonder how your retirement savings Stack up other Americans' nest eggs? Or will your income in your post-work years be enough to keep you afloat? It's only natural to be
I am over 72. How do I avoid the RMD tax sting?
Stephen Jarvis, Certified Public AccountantI am over 72 years old. What can I do about avoiding the required minimum distribution tax (RMD)? I have a steady stream of other income.BernieDeferred tax accounts, like 401(k)s and traditional Individual Retirement
Projections indicate that the Social Security COLA increase will return to reality in 2024 after the jump
like economic inflation Calm down, the odds are growing that Social Security benefits won't rise as dramatically next year as they did in 2023.Retirees will likely look at a cost-of-living adjustment somewhere in the 3% range — less than half
US stock trade was mixed as the Dow Jones ended its worst week since March
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, US, February 6, 2020.Lucas Jackson/ReutersUS stocks closed mixed on Friday, with the Dow Jones completing its worst week since March.The S&P
Palo Alto Networks rises after Billings’ forecast beat estimates
(Bloomberg) -- Cybersecurity firm Palo Alto Networks Inc. After forecasting stronger bills for the year than Wall Street expected, easing concerns that slowing demand could affect results.Most Read from BloombergThe company expects billings for the fiscal year to range
Pfizer stock: Covid rally reverses as vaccine makers take on a new variant
shares accident (mRNA) And Pfizer (PFE) shares year-over-year on Friday -- after gaining late Thursday on the back of a rebound linked to the updated Covid snapshot. X Late Thursday, both companies said their latest Covid booster shots showed promise in lab
“I give 25% of my return.” Why would a financial advisor get a 1% fee, even in a bear market?
Ask an Adviser: Why Do My Financial Advisers Charge 1%?Why does a financial advisor charge a fee of 1% or more? This seems really high. If my return is only 4% (say, in a dividend), I'm giving away
Best EV Stocks to Buy and Watch Now: Top 5 Stocks for August 2023
Inventories of electric vehicles doubled Tesla's (TSLAWake Up Electric cars are looking to enter the mainstream - but not all are the same. Some auto stocks are more prepared than others for an electric future. Here are the
Should I open a CD now or wait for higher prices?
If you have money in savings, this could be a great time to convert some of that money into a Certificate of Deposit (CD). That's because the Federal Reserve has pushed interest rates to their highest levels in 16
BofA’s warning of ‘5% world’ sinks as returns soar
(Bloomberg) -- Around the world, bond traders are finally beginning to realize that the rock bottom yields of recent history may be gone forever.Most Read from BloombergA surprisingly resilient US economy, ballooning debt and deficits, and mounting fears that the
Dow futures: Nvidia earnings and Powell’s speech loom; What are you doing now
Dow futures will open Sunday evening, along with futures for the S&P 500 and Nasdaq futures. nvidia (NVDAEarnings and a big speech from Fed Chairman Jerome Powell. X Palo Alto Networks (Banu) reported Friday night. The stock market slipped into a correction last
Fundstrat says stocks are nearing the perfect opportunity to buy a pullback as the S&P 500 faces a rout in August
Reuters/Lucas JacksonFundstrat said the August stock sell-off is an ideal opportunity to buy on a pullback.Markets will remain nervous about higher interest rates until the end of the month.The Fed's Jackson Hole seminar could put stocks back on an upward
A looming insurance shock is causing trouble for the Florida and California housing markets
Home insurance companies are pulling out of California and Florida, at alarming rates. Earlier this year, State Farm, California's largest property insurance company, announce It will stop accepting new applications for all property and casualty insurance in the state,