In this article PFE Albert Bourla, chief executive officer of Pfizer pharmaceutical company, arrives to ring the closing bell at the New York Stock Exchange. Drew Angerer | Getty Images Pfizer beat on its top and bottom line in its first quarter earnings report after booking strong sales of its Covid vaccine and oral antiviral
admin
Paul Tudor Jones speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Billionaire hedge fund manager Paul Tudor Jones said the environment for investors is worse than ever as the Federal Reserve is raising interest rates when financial conditions have already become increasingly tight. “You can’t think of a
Business people are getting out and about again. And they’re looking for places to stay. More people are traveling for business meetings and industry events now than at any time in the past two years. A full recovery may be a couple years away, but Deloitte is forecasting 55% of business travel will be back
In this article AMP Luis Alvarez | Digitalvision | Getty Images In my long career of recruiting experienced financial advisors, I’ve seen how different economic cycles have impacted retention and attrition. In times of uncertainty, advisors crave stability and want to work with a firm with the financial foundation to weather the storm. Alternatively, when
The Good Brigade | Digitalvision | Getty Images Inflation, rising interest rates and market volatility have many Americans on edge. Consumer prices were up 8.5% in March from a year ago, costing U.S. households an extra $327 per month, according to a Moody’s estimate. To combat rising inflation, the Federal Reserve has begun increasing interest
In this article MRTN Hydrogen packs a lot more punch than lithium-based batteries. India’s federal minister Nitin Gadkari (second from left) seen here launching the country’s first green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai, at his residence in March. Hindustan Times | Hindustan Times | Getty Images The sun’s searing heat can
In this article BABA Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Alibaba’s Hong Kong-listed shares were about 1% lower Tuesday — after earlier falling more than 9% —following unconfirmed rumors that linked the company’s founder Jack Ma to a national security investigation. Chinese state media reported earlier in the morning that
Camille Tokerud Photography Inc. | Stone | Getty Images A federal benefits program for blind, disabled and elderly individuals could get a long-overdue update if a proposal in Washington is approved. Two Ohio senators — Democrat Sen. Sherrod Brown and Republican Sen. Rob Portman — have teamed up to introduce a bill to update the
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are continuing to experience double-digit gains. Now, nearly all of the major housing markets in the United States are less affordable than they have been historically,
A Stock with Buoyancy and One with Earnings Estimates Suggesting Good Things Ahead. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
At a moment when we are seeing clear weaknesses in supply chains and needs for gearing production toward more environmentally friendly approaches, capital investment is critical. Policymakers have an opportunity to change a coming decline in investment incentives by adopting permanent policies to support growth. Expiring tax policies in major economies could create a setback
In this article AGL-AU TEAM Atlassian Co-CEO Mike Cannon-Brookes poses for a photo with Utah Jazz co-owners, Dwyane Wade and Ryan Smith during Round 1 Game 3 of the NBA Playoffs on April 21, 2022 at vivint.SmartHome Arena in Salt Lake City, Utah. Melissa Majchrzak | National Basketball Association | Getty Images Atlassian Co-CEO Mike
In this article UBER Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber will report first-quarter earnings after the bell on Wednesday and Wall Street notes to investors are providing insight into what investors might expect. The latest
Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022. Yasin Ozturk | Anadolu Agency | Getty Images The Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so much that it tips
Marko Geber | DigitalVision | Getty Images If you’re eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, may now be even more appealing. I bonds are paying a 9.62% annual rate through October 2022, the highest yield since being introduced in 1998, the U.S. Department of the Treasury announced
Consumers are spending more to keep up with the surging cost of living and it may get worse before it gets better. “Even though wage growth has been the best in decades, it’s been outpaced by increased household costs,” said Greg McBride, chief financial analyst at Bankrate.com. “With inflation at a 40-year high, that has
President Joe Biden returns to the White House from a day trip to Minneapolis on May 1, 2022. Stefani Reynolds | AFP | Getty Images President Joe Biden recently said that he’d be making his decision around student loan forgiveness within weeks. That means borrowers uncertain of the future of their debt, who’ve been hearing
In this article MS Main residence at 241 Bedford Rd in Greenwich, CT Anthony Acocella / Modern Angles The Gold Coast of Connecticut soon might become the Crypto Coast if this real estate listing is any indication. The owner of a Greenwich estate is willing to accept cryptocurrency as payment for its $6.5 million asking
Ben Rains dives into the broader market after stocks suffered a brutal April. The selloff pushed the S&P 500 and the Nasdaq right near new 52-week lows, while some strong growth names and established companies are trading below their pre-covid highs. The episode then focuses on two retail stocks, Yeti (YETI) and Sonos (SONO), that