Daily Trade

Financial market volatility is up, major stock indices are down, and investors are suffering losses in almost every asset major class. Though the situation seems dire, it may be a good time to remind ourselves that investing for the long haul has always been the best strategy. Farsighted investors are increasingly focused on climate change,

Cassava Sciences (NASDAQ:SAVA) stock took off once again during September. Rumors about the Securities and Exchange Commission (or SEC) clearing its investigation of the scandal-tarnished biotech firm resulted in a big spike for SAVA stock on Sept. 22. While partially pulling back immediately after, as Cassava’s management dispelled the rumors, news indirectly related to the

Keith McCullough, founder and CEO of Hedgeye Risk Management, isn’t one to mince words in discussing financial markets, the Federal Reserve or the economy. Right now he has a few less-than-charitable things to say about how the Fed’s rate hikes have ground up stock and bond investors. His investment-research firm’s economic models turned bearish on stocks

The Electric Last Mile (OTCMKTS:ELMSQ) bankruptcy auction on Oct. 7 is the next big event for Mullen Automotive (NASDAQ:MULN). The question is whether this event will create more positives or more negatives for MULN stock. Mullen, a fledgling electric vehicle (or EV) maker, has placed a “stalking horse” bid for Electric Last Mile’s assets, which

The numbers: The trade deficit fell in August to a 15-month low of $67.4 billion, paving the way for a resumption of growth in U.S. gross domestic product in the third quarter. The deficit narrowed 4.3% from $70.5 billion in July, the government said Wednesday. It was the fifth decline in a row. Exports slipped

First, a confession: As someone who grew up rooting for the New York Mets, I’ve never paid much attention to the New York Yankees, the storied ball club that wears its “Yankee Pride” on its sleeve to a level that I find a little obnoxious. But I’ve been following Yankee outfielder Aaron Judge’s chase to

Interestingly, much of the news surrounding global movie-theater chain AMC Entertainment (NYSE:AMC) lately has nothing to do with films. Recently, AMC stock declined after the U.S. Securities and Exchange Commission (SEC) revealed it wouldn’t ban payment for order flow (PFOF). Then, shares fell sharply after AMC Entertainment filed to sell up to 425 million AMC

It’s been only three years since two Boeing 737 MAX 8 planes crashed in a span of five months. A total of 346 people were killed in the two disasters. Since then, we’ve learned that a reckless, profit-driven culture at Boeing BA, +3.92% contributed directly to both crashes. But even though Boeing was recently fined $200 million

WASHINGTON — The National Archives and Records Administration said that it hasn’t recovered all the presidential records that were supposed to be turned over at the end of the Trump administration. Don’t miss: Tensions run high between Trump-appointed federal judge and the special master the Trump team recommended — and whom that federal judge appointed

I’ll admit that, among the smaller electric vehicle pickss, Canoo (NASDAQ:GOEV) stock has a lot more going for it. This maker of specialty EVs (for functions such as deliveries) has built up an impressive backlog of orders. Not only that, there’s another promising sign with this EV play: insider buying. Yet while you may see

The full financial and human price of Hurricane Ian’s destruction is still unknown, days after it lashed Florida, and now with the Carolinas fresh off its wrath. But even with the immediate search-and-rescue missions still happening, experts say there are already steps people can take to begin their long road to financial recovery. By Sunday

Dear Quentin, I have heard that if someone just leaves you $1 in their will, you cannot receive anything from their death. Is this true? My father passed, several years ago, and my sister eventually sold the house. I just don’t know if it would be worth it to see if I’m entitled to something

Here’s a potential inflation hedge to save money in a time of rising costs and interest rates: a rising credit score. People with “very good” credit scores could avoid nearly $50,000 in extra borrowing costs for a mortgage, credit card, car loan and personal loan that people with “fair” credit would have to pay. The

Following a dramatic year of controversial rulings, the Supreme Court begins hearing new cases on Monday with a full agenda. The court overturned abortion rights and expanded gun rights in June as the new conservative supermajority began to exert its influence. Some of the court’s most important upcoming cases focus on the future of affirmative action, equal treatment of LGBTQ people, and the control of

Sometimes it pays not to dismiss market lore. They said September was usually bad. They were right. The S&P 500 SPX, -1.51% will enter the last trading day of the month having shed 7.95%. Worries over inflation and higher borrowing costs – not to mention a bond crisis in the U.K. – took their toll.

Sometimes, it’s hard to know who or what to believe. Such is the case when it comes to the ongoing U.S. Securities and Exchange Commission (SEC) probe into Cassava Sciences (NASDAQ:SAVA). As the biopharmaceutical company contends with data-manipulation allegations, traders have to figure out what to do with SAVA stock. There may be evidence that the

Nick Clegg, the former deputy prime minister of the U.K., current president for global affairs at Meta Platforms META, -0.54% and the man who will decide whether to allow Donald Trump back on Facebook, has just sold his posh home in California’s Silicon Valley for $11.56 million. See: Trump’s Facebook ban may end as soon

It seems odd to be analyzing the best shipping stocks on a day when the second read of second quarter GDP should convince nearly any lingering skeptic that the U.S. economy is in a recession. Furthermore, that recession is likely to last well into 2023 and come with a much harder landing than the Federal

Gold futures climbed on Friday, shrugging off rising inflation in Europe, as the U.S. dollar traded below a 20-year high reached earlier this week. Price action Gold futures GCZ22, +0.20% expiring in December climbed $2.80, or 0.2%, to $1,671 per ounce on Comex. Silver futures SIZ22, +0.90% due in December advanced 24 cents, or 1.3%,

Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current chip glut could get a lot worse. Micron MU, -1.94% reported a worse-than-expected fiscal fourth quarter Thursday, with revenue plunging 23% from last year, but