Daily Trade

One of the first pieces of financial advice you may hear is to build up an emergency fund, anywhere from three months to a few years worth of expenses, and doing so is an impressive feat.  The point of that money is to protect you when you hit hard times. So if you do hit hard

If I read one more time that walking is the best exercise, I’m going to take a few steps and scream. This article is about how to make walking a better exercise. True, walking is the most practicable exercise. You can pretty much do it anywhere anytime. That is no small thing. The problem is that

Hedge-fund titan Bill Ackman appears to be walking back comments he made via Twitter last week about Sam Bankman-Fried that some interpreted as implicit support for the 30-something who presided over one of the most epic bankruptcies in financial markets in recent memory. Last week, Ackman tweeted that Bankman-Fried’s statements made during a widely watched

If someone promises you the “deal of a lifetime,” it’s probably not a good investment. That’s what finance guru Matthew Onofrio, who sold a program claiming to have cracked the code on commercial real estate, promised inexperienced investors looking to strike it rich. But prosecutors say it was all a fraud aimed at lining Onofrio’s

Given the fact that Nio (NYSE:NIO) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution. For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes

We want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience, write to [email protected]. Please include your name and the best way to reach you. A reporter may be in touch. For many people living in the U.S.,

There’s a one-two punch of unfavorable news for SoFi Technologies (NASDAQ:SOFI), courtesy of the U.S. government. First of all, President Joe Biden’s administration is extending the moratorium on federal student loan repayment requirements. Also, a group of senators sent a letter to SoFi, requesting to review the neo-banking firm’s cryptocurrency-market dealings. These developments make it extremely

Oil futures ended lower on Friday, but gained for the week, as investors awaited a pair of events: a Sunday meeting of the Organization of the Petroleum Exporting Countries and its allies, and the Monday kickoff of European Union ban on Russian seaborne crude imports. Oil prices moved lower during Friday’s trading session following news

It hasn’t been a good year for growth stocks. The iShares S&P 500 Growth exchange-traded fund (NYSEARCA:IVW) is down nearly 25% with one month to go in 2022. Some of the worst performers from this ETF are going to need a new CEO. Before I come up with my three names of CEOs that need

Asset allocation is about dividing your portfolio among various investment asset classes like stocks, bonds and cash, and sub-asset classes like small, large and midcap stocks. Bonds and international investments, as well as growth and value oriented equities are often part of a well-diversified portfolio.  In order to maintain your target asset allocation through the

Will Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) join the Big Tech layoff club? It’s a valid question, but GOOG stock investors shouldn’t worry too much. If there is a large-scale workforce reduction at Google, it’s a sign that the company is being proactive in navigating a challenging economy. Don’t misunderstand — layoffs aren’t

Dear Quentin, We have a large friend group from college. We’re all getting married, starting families, getting established in our careers and our lives. I eloped and have a child now. None of my friends attended my wedding. I have attended all of theirs, but none of the bachelorette parties. I was invited to a

Butch Phillips, an 82-year-old member of the Penobscot Nation, etches 18-inch long moose call horns from birch bark he harvests off tribal land. While some moose calls he gives away to local hunters, others have sold at auction for as much as $3,200 and some sit in museums. “It’s very exciting calling a moose. You

When was the last time you visited a GameStop (NYSE:GME)? Its management team apparently rather you didn’t know; the firm stopped reporting same-store sales in 2021. E-commerce sales are also no longer reported separately, an ominous sign for a firm whose chairman once promised to build “a powerful e-commerce platform that provides competitive pricing, broad

U.S. stocks rose in afternoon trading on Wednesday after Federal Reserve Chairman Powell said the central bank’s pace of interest-rate increases can slow as soon as its December meeting, while investors digested a round of economic data, including a weaker-than-expected reading on private-sector payrolls and an upward revision to third-quarter economic growth. How are stocks

California-based electric vehicle manufacturer Mullen Automotive (NASDAQ:MULN) offered a great deal of promise in 2020 and 2021. Since then, however, MULN stock has had steep capital losses. A short-seller tried to warn prospective shareholders earlier this year. As it turns out, the short side of the trade was the right one, and there’s no reason

Public protests in China related to the government’s COVID-19 restrictions have hit the news worldwide over the weekend, following a fatal apartment fire in Urumqi, Xinjiang, last week which killed 10 people. Many internet users claimed some residents could not escape because the apartment building was partially locked down, though authorities denied this. There have been reports some demonstrators have called

In line with the overall stock market, Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock has moved higher in recent weeks. Since hitting a new multi-year low on Nov. 3 ($83.45 per share), GOOG stock has climbed back up to around $95.14 per share. With a company-specific developments (more below) also giving shares a boost, some may believe now that a

Anyone watching the market knows stocks have been hammered since the Federal Reserve began in March what has turned into an aggressive series of interest rate hikes, but strategists at Deutsche Bank say they might be surprised to learn that those rate hikes probably aren’t the culprit. The S&P 500 SPX, -0.34% has seen a

Examples of generosity range widely in size and style, from grantmaking that bestows millions of dollars upon a single charity to simple acts of kindness such as mentoring a teen or visiting nursing home residents to offer companionship.  While some of the most inspired and fulfilling gifts are made spontaneously, thinking about charitable giving as