HONG KONG—Chinese tech companies are quietly pulling back from doing business in Russia under pressure from U.S. sanctions and suppliers, despite calls by Beijing for companies to resist overseas coer...
Tag: Political
The Fed raised interest rates – what to do now with your retirement portfolio
Inflation is rising, the stock market is volatile and now the Federal Reserve has raised interest rates – but investors, as always, should steer clear of any major changes, financial advisers said. T...
The only two stock funds you’ll ever need
Let’s face it: You’re probably reading this article because you want to make more money from your investments. That’s the No. 1 motivation of investors. So I’m going to tell you how to achieve one of ...
Why did the Dow plunge more than 1,000 points? Should I wait for stocks to sink lower? Here’s what some pros think.
What a difference a day makes. Fresh off the best percentage gain for the Dow Jones Industrial Average DJIA, -3.12% since Nov. 9, 2020, the blue-chip index got clobbered, along with the rest of the st...
This trader predicted the bond meltdown, tech selloff and oil’s surge. Here’s what she says is coming next.
Fade the Fed anyone? Stocks are headed south, following a big Wall Street rally stemming from perceptions Federal Reserve Chair Jerome Powell and co. may be less hawkish than markets think. A short-li...
6 things to know before you jump into retirement
I’m six months into my retirement from the corporate world. How are things going? Any regrets? Any big surprises? No regrets, for sure. I knew that leaving the workplace at age 61 would be a trade off...
Tesla Investors, Watch Out. DeLorean Is Back, as an EV.
Text size DeLorean is getting into the EV game. DeLorean Motor Company Tesla investors might want to take note of an industry development. There is a new entrant to the U.S. electric-vehicle race. Inv...
What the Fed’s Interest-Rate Increase Means for Your Mortgage, Loans, Savings
The Federal Reserve raised its short-term benchmark rate by a half-percentage point on Wednesday, the sharpest increase since 2000, to a range between 0.75% and 1%. Though widely expected, the move wi...
Biden Labels ‘MAGA Crowd’ The ‘Most Extreme Political Organization’ In U.S. History
Topline President Joe Biden on Wednesday called former President Donald Trump’s supporters “the most extreme political organization that’s existed in American history,” suggesting a leaked Supreme Cou...
‘My aim is to have a net worth of at least $100,000’: I’m 29 and live with my mom in a rented mobile home. I have a $25K emergency fund and $26K in a Roth IRA. What do I save for next?
I am doing OK financially as a single 29-year-old who unfortunately is still roommates with my mom. We split everything down the middle and I mainly stay with her since it is very expensive to live on...
How high can the Fed hike interest rates before a recession hits? This chart suggests a low threshold.
The days when the Federal Reserve could raise its benchmark interest rate significantly above 5% without sparking a recession may be a thing of the past, according to Wells Fargo Investment Institute....
Paramount’s Streaming Losses Mount as Subscriber Count Grows
Text size Paramount+ accounts for the bulk of the company’s streaming subscribers. Dreamstime The streaming-stock bloodbath continues: Paramount Global (ticker: PARA) is the latest company in th...
‘I can’t afford to pay the loan because I’m on a fixed income.’ I’m a 57-year-old widow with $67K in student loan debt. Can you help me get rid of it?
There are some forgiveness and benefit options, including some specific to military spouses that could provide financial compensation. AP Question: I’m a military wife, and my husband died on active d...
How will boomers draw down their 401(k) balances?
Recent studies have found that past generations drew down their financial assets very slowly in retirement, leaving much of their savings untouched throughout old age. This finding always seemed obvi...
These stocks soared during the pandemic, and then crashed. Ten are now expected to double in price.
A screen of stocks that popped during the coronavirus pandemic highlights dozens that have crashed. But some are considered worthy of purchase by a majority of analysts. You might want to keep an eye ...
‘It is costing more to survive now.’ I owe $109K in student loans, and the balance keeps going up as the loan servicer ‘continuously tacks on more money.’ With high inflation, how can I even cope with my student loans now?
Unfortunately, it is possible for a loan balance to increase, even as you are making payments. iStock Question: I have student loans in excess of $109k. I am on an income-driven plan but my biggest p...
Gas prices are up roughly 40% from just a year ago. So you may want to try this method to get ‘basically free money’ for gas — but there’s a catch
Is a gas credit card right for you? Getty Images Amid high inflation, rising prices of crude oil and the war in Ukraine, gas prices have jumped from an average of about $2.88 per gallon a year ago, to...
Tesla Investors, Beware: April Deliveries for NIO, Li, and XPeng Hit by Covid
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...
Tesla Investors Beware: Bad NIO, Li, XPeng April Deliveries Hit by Covid.
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...
Strong Dollar Aids U.S. Inflation Fight, Adds to Price Pressures Abroad
Text size Chinese 100 yuan bank notes. Paul Yeung/Bloomberg While your attention probably was focused on that big takeover of a certain social-media site, the gyrations in the global currency markets ...
‘We cannot do that.’ 3 things NOT to ask your financial adviser to do for you
Getty Images A financial adviser can do a lot of things — provide advice to help you manage your finances, execute trades on your behalf, create holistic financial plans based on your short- and long-...
Opinion: Once richly valued, ‘unicorn’ startups are being gored and investors and funders have stopped believing
When Homer Simpson was asked, “How are we going to get out of this hole?,” he replied, “We’ll dig our way out!” Many people who find themselves in holes they can’t climb out of think that the solution...