Investors appear to be reconsidering the risk that the U.S. economy could be about to tip into a recession, following Tuesday’s data which revealed the red-hot labor market is finally loosening up. That data showed job openings fell to a 21-month low of 9.9 million in February, down from a revised 10.6 million for the …
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3 High-Yield Dividend Stocks to Buy and Hold Forever
High-yield dividend stocks offer relatively high dividend yields compared to the average dividend stock. Generally, I view a high-yield dividend to be above the 4-5% range. Investors can calculate a dividend yield by taking the dividend distribution of a company as a percentage of a given stock’s share price. Importantly, high-yield dividend stocks offer an attractive source of …
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Gold futures settle at their highest in more than a year
Gold futures climbed on Tuesday to settle at their highest in more than a year, buoyed by weakness in the U.S. dollar and Treasury yields following a monthly decline in U.S. job openings. A lower U.S. dollar and Treasury yields all point to the Federal Reserve “taking a pause…on the inflation fight as they deal …
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GM, AMC, ETSY and more
Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake | Reuters Check out the companies making headlines in midday trading Tuesday. ServiceNow — Shares of the …
SEC charges Frank founder with ‘old school fraud’ after JPMorgan fake account scandal
The Securities and Exchange Commission charged Charlie Javice with fraud in connection with the $175 million sale of her student-loan assistance company Frank to JPMorgan Chase JPM, -1.97%. The SEC alleges that Javice misled JPMorgan into believing her company had 4.25 million customers, when it had fewer than 300,000. Javice received $9.7 million in stock …
First Republic generated highest short-selling profit among all stocks in March: Ortex
Investors that bet on a drop in share price by First Republic FRC, -5.47% generated $848 million in paper gains as the most profitable short trade in March, data provider Ortex said Tuesday in its monthly recap. The bank’s stock fell 89% in March as investors pondered the fate of the San Francisco-based lender after …
3 Super Speculative Growth Stocks That Could Make You Very Rich
With the market hitting a low, speculative growth stocks have become a hot topic of conversation among investors. The big question is: Which stocks will make the biggest climb back up? The concept of the market being cyclical is reinforced by the recent actions of the Federal Reserve, such as effectively bailing out banks, increasing …
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3 Potential Bankruptcies That Could Shock the Market in 2023
When business-news outlets make bankruptcy predictions, no sector gets more attention than the retail industry. I’m not sure why that is. Companies from various industries and sectors file for Chapter 11 protection. The focus on bankrupt retailers just boils down to most of us understanding and frequenting stores. I googled “potential bankruptcies,” and the first …
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If You Invest in ONE Dividend Stock, Make it This One
S&P 500 tries for longest winning streak since 2021 as U.S. stocks open marginally higher
U.S. stocks opened modestly higher on Tuesday as the S&P 500 tries for a fifth day in the green — what would be the index’s longest winning streak of 2023. The S&P 500 SPX, -0.14% climbed 5 points, or 0.1%, to 4,129. The Dow Jones Industrial Average DJIA, -0.24% lagged, falling 7 points, or less …