French workers may see their legal retirement age jump from 62 to 65 if President Emmanuel Macron gets his way. Macron, who is running for reelection, said the move is a natural progression. “We are ...
Tag: industrial news
Largest cryptocurrencies mixed as Cardano rises
The largest cryptocurrencies were mixed during morning trading on Thursday, with Cardano ADAUSD, -0.12% seeing the biggest move, rallying 2.82% to 85 cents. Polkadot DOTUSD, +0.62% led the decreases w...
How to Make Oil Stock Volatility Work for You
Text size A Diamondback Energy oil rig in Midland, Texas. Callaghan O’Hare/Bloomberg With oil prices rising and falling dramatically, it can be hard to get a handle on oil stocks. One strategy: ...
Tesla Stock, Nvidia Were Sold by Retail Traders. Here’s What They Bought.
Text size (Photo by CHRIS DELMAS/AFP via Getty Images) AFP via Getty Images Retail traders were taking a cautious approach by selling stocks like Tesla and Nvidia as the markets gained for a third con...
Tesla’s Elon Musk Is Working On Master Plan 3. The Stock Is Jumping.
Text size Elon Musk. Jim Watson/AFP via Getty Images A Thursday tweet from Tesla CEO Elon Musk seems to be helping the stock. All it says is “working on Master Plan Part 3,” but people who follow the ...
Tesla CEO Elon Musk Is Working On Master Plan 3. Investors Are Excited.
Text size Elon Musk. Jim Watson/AFP via Getty Images A Thursday tweet from Tesla CEO Elon Musk seems to be helping the stock. All it says is “working on Master Plan Part 3,” but people who follow the ...
Nvidia Stock Needs a Catalyst. It Could Get One Next Week.
Text size After rocketing higher in 2021, Nvidia shares have been under pressure in 2022. Remus Rigo/Dreamstime.com Like much of the rest of the stock market, to say nothing of the beaten-down tech se...
The Market Rose on the Fed’s Rate Hikes. What It Might Be Missing.
Text size Fed Chair Jerome Powell told reporters Wednesday the central bank had the tools to bring inflation down. Photographer: Julia Nikhinson/Bloomberg It may not rank with the “whatever it takes” ...
Unless OPEC increases output, oil market will fall into deficit after Russian invasion, IEA says
Russia’s invasion of Ukraine and sanctions on its oil exports threaten a supply shock that will weigh on the global economy and push the oil market into a deficit unless major producers increase outpu...
‘Where should I live and what am I going to do?’ Retirement advice we’re not getting from financial advisers
Retirement is one of the Top 10 most stressful life events, according to the psychiatrists Thomas Holmes and Richard Rahe. As someone who recently began unretirement (or semiretirement), I concur. But...
China Gives Alibaba, Other Stocks a Lifeline. Can It Last?
Text size China said it would roll out market-friendly policies to help boost the stock market. Peter Parks/AFP via Getty Images With a handful of vague comments about rolling out market-friendly poli...
Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales
Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar’s dominance of the global pet...
Opinion: Top investors dump stocks — why that might mean you should buy
Well, here’s some cheerful news for all of us with a retirement portfolio: The geniuses running the world’s biggest investment funds have panicked and have bailed out of the market. If that’s not a go...
Cash-Rich Berkshire Hathaway, Apple, and Alphabet Should Gain From Higher Rates
Text size Apple could be earning $4 billion more on its cash by 2023 Sean Gallup/Getty Images With its enormous cash reserves now earning next to nothing, Berkshire Hathaway could be one of the bigger...