That’s not good news for retirement savers. And some might consider the stock market to be a bit frothy these days. So, it might make sense to invest a portion of your retirement nest egg conservative...
Tag: article_normal
Nokia to launch equivalent of up to $342 million in stock repurchases
Shares of Nokia Corp. NOK, -1.95% NOKIA, -0.91% rose 0.4% in premarket trading Friday, after the Finland-based network infrastructure company said it plans to start buying back up to EUR300 million ($...
The average savings account pays 0.06%. Earn more at these 8 financial firms
Looking for high-interest savings? These accounts pay more than average. Getty Images/iStockphoto The national average interest rate for savings accounts is a lowly 0.06%, according to Bankrate’s Febr...
SoFi is ‘not just another neobank,’ Bank of America analyst says
SoFi Technologies Inc. picked up a new fan on Wall Street Friday as a Bank of America analyst chimed in with a bullish view of the financial-technology company. Bank of America’s Mihir Bhatia said he ...
Oil is the hottest sector, and Wall Street analysts see upside of up to 48% for favored stocks
Energy is the best-performing stock-market sector this year. Given today’s strong economic growth and inflation, many believe oil prices could remain at current levels for years or maybe even move hig...
You have less money saved for retirement than you think
You almost certainly are too optimistic about how fast your retirement portfolio will grow. And that could cause grave problems for you in coming years. A too-high return assumption leads you to withd...
What a Russian invasion of Ukraine would mean for markets as White House warns attack could come ‘any day now’
Investors on Friday got a taste of the sort of market shock that could come if Russia invades Ukraine. The spark came as Jake Sullivan, the White House national security adviser, warned Friday afterno...
Goodyear Tire’s stock suffering worst day since Black Monday after downbeat FCF outlook
Shares of Goodyear Tire & Rubber Co. pulled a sharp U-turn to travel deep into negative territory Friday, after the tire maker followed a strong earnings report with a disappointing full-year outl...
Inflation is at a 40-year high. 10 tips from the pros on how to invest and save
Inflation is high. Here’s what money pros say to do about that. Getty Images/iStockphoto On Thursday, the Labor Department released the latest consumer price index data, which revealed that the rate o...
Why hedge-fund manager Doug Kass says his bearish case is now stronger and dip buyers should bide their time
For equity dip buyers still waiting in the wings, hedge-fund manager Doug Kass suggests holding fire for now as better bargains, and unfortunately worse times, are ahead. “It is my view that the odds ...
Aurora Cannabis stock gains after first beat on pot sales in more than a year
Aurora Cannabis Inc. shares gained in late trading Thursday, after the Canadian pot producer beat sales expectations for the first time in more than a year. Aurora ACB, -1.08% ACB, -1.02% reported a f...
Affirm stock slammed after early earnings release shows revenue outlook misses
This replaces an earlier report that incorrectly reported how Q2 revenue compared with analyst expectations. It has been corrected. Shares of Affirm Holdings Inc. were plunging in Thursday afternoon t...
Norwegian Cruise stock drops after downbeat full-year outlook
Shares of Norwegian Cruise Line Holdings Ltd. NCLH, -1.10% dropped 4.0% in morning trading Thursday, after the cruise operator said it has yet to complete its fourth-quarter financial information, but...
Philip Morris beats profit and revenue expectations and gives upbeat outlook, but stock slips
Shares of Philip Morris International Inc. PM, +0.24% slipped 0.1% in premarket trading Thursday, ever after the cigarette seller beat profit and revenue expectations and provided an upbeat full-year ...
‘I don’t know if it’s worth dealing with tenants’: Should I convert my home into a rental, or sell it?
I have enough money to put down on a second home — I need a slightly bigger place and another bedroom. I currently live in Portland, Ore., but I am planning to move outside of Portland. However, I’m c...
Twilio shares surge 28% on earnings, sales that top analyst estimates
Shares of Twilio Inc. quickly jumped 28% in extended trading Wednesday after the company posted earnings and sales that breezed past Wall Street estimates as well as a strong outlook. The company TWLO...
Zynga reports record results, stock mostly unmoved after hours pending acquisition by Take-Two
Zynga Inc. reported record results in the extended session Wednesday with a slight bottom-line miss, but shares of the videogame publisher were flat after hours given its pending acquisition by Take-T...
CVS Health stock pulls back after profit and revenue beat expectations but full-year outlook was mixed
Shares of CVS Health Corp. CVS, +1.30% dropped 2.6% in premarket trading Wednesday, after the health services and drugstore operator reported fourth-quarter results that beat expectations but provided...
I took out student loans for my now-imprisoned son. I owe $50K. Please help.
From student loan forgiveness to refinancing, some options to consider. Getty Images/iStockphoto Question: I just turned 60 and will probably have to work 20 more years. I currently owe about $50,000 ...
‘If you’re a wage earner you’re going to fall behind’: Ex-Fed insider warns of ‘difficult few years’ due to inflation
Former Federal Reserve insider Thomas Hoenig thinks the U.S. faces a painful reckoning because of high inflation. Hoenig was a lone dissenter eight times in 2010, when the Fed voted to pursue a then-n...
Novavax’s stock falls after Reuters report saying COVID-19 vaccine shipments are delayed in some regions
Shares of Novavax Inc. NVAX, -14.58% tumbled 12.2% in trading on Tuesday after a Reuters report said there are delays shipping the company’s COVID-19 vaccines to Europe and the Philippines in th...
Peloton stock continues rally as company replaces John Foley as CEO
Peloton Interactive Inc.’s newly announced chief executive will face a lowered bar as the maker of exercise equipment once again cut its full-year forecast in the face of slowing demand. Tuesday marke...
Pfizer stock falls after profit beats but revenue misses, even as COVID-19 vaccine sales of $12.5 billion top forecasts
Shares of Pfizer Inc. PFE, +0.40% sank 2.6% in premarket trading Tuesday, after the drug maker reported fourth-quarter profit that beat expectations, while revenue more than doubled but missed forecas...
Buy the dip? Why the stock market’s bounce off January lows may prove premature
A big stock-market bounce after an ugly January might reflect misplaced confidence in a previously tried-and-true trading strategy, a Wall Street analyst warned on Monday. “After a tough markdown of s...
Crypto is volatile, but KPMG Canada just added bitcoin and ether to its balance sheet. Here’s why
KPMG in Canada has added an unknown amount of bitcoin and ether to its corporate balance sheet. The firm declined to disclose the amount of cryptocurrencies it purchased, but Kunal Bhasin, blockchain...
5 popular financial rules you might want to ditch
Traditional financial advice like the kind you got from your parents is often true but even experienced investors might rely on maxims that are outdated and no longer serving your financial well-being...
Weekend reads: Inflation fear and opportunities for investors
U.S. consumer price inflation rose to a 40-year high of 7.5% in January. That pace is running way ahead of wage growth, and the official figures can mask even more pain, depending on a family’s circum...