On Wednesday, the private sector jobs report startled Wall Street by revealing that U.S. businesses unexpectedly cut 33,000 jobs in June. This was a surprising turnaround, especially since experts had expected a gain of 100,000 jobs. It marks the first decline in private payrolls since March 2023, according to new data from ADP. This unexpected […] More
High-yield dividend stocks don’t usually drop in price, so when they do get close to their 52-week lows, many people looking for income take notice. Some deals are just too good to pass up, even when the market is a bit shaky. Take Lowe’s, Procter & Gamble, and Chevron, for example. They’re well-known brands, and […] More
In May, the core inflation rate in the U.S. unexpectedly rose to 2.7%. This surprised many economists and sparked new discussions about when the Federal Reserve might change interest rates. Unexpected Bump in Core Prices On Friday, the Commerce Department shared some new data showing that the personal consumption expenditures (PCE) price index, which the […] More
On Thursday, Wall Street had a strong day, with the S&P 500 getting closer to breaking its record high. Investors are feeling optimistic about potential interest rate cuts while also taking in some not-so-great news about the economy. After a long wait—16 months, in fact—the S&P 500 is now nearly at its first record close […] More
So, the term “Magnificent Seven” continues to create buzz on Wall Street, but veteran fund manager John Barr believes it’s time to broaden our horizons. He admits that while the excitement isn’t over, investors diving into just a handful of popular stocks might be overlooking some much larger opportunities. Barr has done a fantastic job […] More
In a recent statement, Federal Reserve Governor Michelle Bowman indicated that a decrease in interest rates could happen in July if inflation stays under control. Speaking at a monetary policy forum in Prague, she suggested that the Federal Reserve might lower rates soon, which hints at a possible easing of borrowing costs after a period […] More
On Monday, stocks moved up just a bit as worries about the situation in the Middle East eased, leading to a more hopeful mood on Wall Street. Oil prices had shot up due to those fears but started to level off. Investors were watching both Tehran and the Federal Reserve closely. In the market, the […] More
The recent stock market rally that’s brought major indexes close to their record highs is pretty puzzling. After a rough spring that left many investors worried, the S&P 500 has bounced back surprisingly well, thanks to strong company earnings and growing hopes for potential interest rate cuts. However, rather than excitement filling the air, there […] More
Tesla is facing some challenges lately, and seasoned investors are looking for other opportunities in the electric vehicle and clean tech markets. Tesla stock has long been a favorite among investors, but with Elon Musk focusing on various projects outside of electric cars, and with falling deliveries and shrinking profit margins, many are wondering if […] More
On Monday, U.S. stock markets made a strong comeback after a tough week. The focus was on the ongoing conflict between Israel and Iran, with some positive signs suggesting it might not escalate into a bigger war. The Nasdaq led the way, rising 1.3%, while the S&P 500 climbed 1%, and the Dow Jones increased […] More
Last Friday, tensions in the Middle East over oil really shook up financial markets. After Israel targeted Iranian sites, the price of Brent crude surged over 7%, its biggest jump in several months. Gold prices also rose, nearing record levels. As a result, airline stocks took a hit while defense companies saw gains. Many investors […] More
Right now, it seems like everyone is rushing to invest in AI stocks, which often come with sky-high prices. However, if you look a little closer, you’ll discover three companies that might actually be good deals—even someone like Warren Buffett would likely find them appealing. While many investors grab onto the latest AI trend without […] More