Month: July 2022

Lately, Russia has been saber-rattling and building up its military presence on its border with Ukraine, a sign that Putin may soon invade–and drawing the U.S. and NATO into war. There is also the ongoing possibility of an armed conflict between the U.S., its allies, and Iran. So far the U.S. has spent an estimated $6.4
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The Securities and Exchange Commission (SEC) is reportedly investigating crypto exchange Coinbase (NASDAQ: COIN) over allegations that it allowed U.S. persons to trade unregistered securities. As a result, Coinbase’s shares were down 21% on July 26 and have fallen more than 80% since the IPO one year ago. Key Takeaways Coinbase stock was down 21% on
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Hi, MarketWatchers. Don’t miss these top stories. Are you a millennial? Your net worth has likely doubled since the pandemic began (but there’s one big caveat) Millennials’ net worth has jumped 106% to $9.38 trillion as of the first quarter of 2022. Read More ‘We get hundreds of thousands of dollars in royalties’: My late
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Federal Reserve Chair Jerome Powell reacts as he testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on the “Semiannual Monetary Policy Report to the Congress”, on Capitol Hill in Washington, D.C., U.S., June 22, 2022.  Elizabeth Frantz | Reuters The Federal Reserve is widely expected to raise interest rates by another three-quarters
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“It could be a decisive year for cannabis;” I’ve heard that phrase many times before; it’s typically wishful thinking. 2022 though, is likely to be different and could be a major breakthrough for the industry. Moreover, with the market in a downturn, it’s perhaps the best time for investors to pick up undervalued marijuana stocks.
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Should you have more than one credit card? If you’ve ever spent your way into a massive pile of credit card debt, you probably know the answer: No! It’s certainly true that taking out multiple credit cards can make your debt repayments unsustainable. However, there is no simple answer as to how many credit cards
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U.S. stock futures fell on Monday night after Walmart cut its profit forecast, sending retail stocks tumbling after hours. Dow Jones Industrial Average futures fell by 133 points, or 0.4%. S&P 500 and Nasdaq 100 futures declined 0.3% and 0.4%, respectively. A late Monday announcement from Walmart, which cut its quarterly and full-year profit estimates
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Higher interest rates have altered the risk-adjusted return parameters for expensive stocks. The technology sector fared poorly in the first half of 2022 when investors scrutinized valuations, and many are now looking for tech stocks to buy on the dip. During the boom years of the pandemic, governments issued stimulus checks to consumers. The Federal
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Today I’m looking at REITs to sell now, as they have little or no income and their prospects for investors are not that good as a result. Moreover, it may take some time for these REITs, or real estate investment trusts, to revive and renew their ability to produce income for their investors. The fact
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Most qualified plans—such as a 401(k) or 403(b) plan—offer employees the ability to borrow from their own retirement assets and repay that amount with interest to their own retirement account. While most of us would rather not take money from our retirement plans until after we retire, we are sometimes left with no alternative. If
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