High-yield debt of riskier companies is not as junky as investors believe. So these bonds have sold off too much. Consider finding a place for them in your investment portfolio: Junk bonds are now a source of decent dividend yield and potential capital appreciation – and a compelling contrarian play. “I’ve been doing this a
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SYDNEY — Financial stability risks in Australia are a “little elevated,” and could worsen if unemployment were to head higher, Reserve Bank of Australia Deputy Gov., Michele Bullock, said Tuesday. In assessing whether Australian households are prepared for further interest rate increases, Bullock warned in a speech that some lower-income households will feel a sting
U.S. stock futures extended recent gains after expectations of an aggressive Federal Reserve interest rate hike eased, and traders prepared for more updates from the corporate earnings season. How are stock-index futures trading On Friday, the Dow Jones Industrial Average DJIArose 658 points, or 2.15%, to 31288, the S&P 500 SPX increased 73 points, or
When is it good for you to return to the office? Some people may be tempted to quote that famous New Yorker cartoon and reply, “How about never — is never good for you?” But what is acceptable in a smarty-pants magazine cartoon strip is hardly acceptable in real life. Few managers will take kindly
Ready for sundae funday? National Ice Cream Day is this Sunday, and we’ve got the scoop on the sweetest deals and freebies from dessert chains like Baskin-Robbins, Carvel, Dairy Queen and more. And if you’re looking for something a little less vanilla, we also have a list of seven more exciting ways to indulge in
It seems like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock haven’t moved much lately and it’s down nearly 11% year-to-date. But there are two catalysts that should help bolster the stock this month. Specifically, investors should keep an eye on GOOGL stock because of its upcoming earnings report and the Google stock split. Ticker Company Recent Price GOOGL
“‘Donald Trump and his supporters had their day in court and failed to produce substantive evidence to make their case.’” This is an excerpt from a 72-page report titled “Lost, Not Stolen: The Conservative Case that Trump Lost and Biden Won the 2020 Presidential Election.” The report from some prominent conservatives analyzes the many debunked
PayPal (NASDAQ:PYPL) stock has been massacred. Even before the bear market was being felt around the rest of the market, PYPL stock was limping into 2022. Despite a modest bounce off the fourth-quarter low, PayPal was still down 40% from its high coming into the near year. At its recent low, shares were down a
Q.: I am holding a Roth annuity and considering starting an annual income stream. However, I don’t need this money now so I would like to deposit it back into the Roth account. Does the IRS allow this or do I have to use that money? I know it is NOT taxable because it’s coming
We’ve talked about how some great stocks are on sale right now. Here’s one for you: What if a stock went from $2,260 per share to $113… in one day… and nothing about this dominant business changed? You will see that Monday morning with shares of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). But don’t get too excited. In
Going to the grocery store anytime soon? Brace yourself. Food prices jumped 1.2% last month, and have shot up 12.2% in the past year, the biggest annual increase since 1979. For the first time since 1952, grocery prices have risen by 1% or more for six straight months. The cost of dining out increased by
Despite Chief Executive Officer (CEO) Lisa Su offering a strong outlook for Advanced Micro Devices (NASDAQ:AMD), investors panicked. AMD continued its plunge as it traded at fresh, new 52-week lows. At a forward price-to-earnings ratio of around 18 times, AMD is historically inexpensive. Sellers reacted to a weak outlook from Micron Technology (NASDAQ:MU). Additionally, Ohio
Hello, I am hoping for suggestions on where my husband and I could afford to live on our $38,000 annual budget. He is 71, disabled and receives Social Security. I am 64. We are looking for a more friendly retirement state with lower taxes and a lower cost of living. I have recently retired from
As tech companies continue to suffer, PayPal (NASDAQ:PYPL) continues to fight through the difficult times. 2022 hasn’t been easy for most tech companies and it has led to a major dip in stocks. PYPL stock is down 63% over the past year and has gone from $300 to $71 today. As an investor, it was
Payments giant Stripe, last valued by private investors at $95 billion, cut the internal value of its shares by 28%, people familiar with the matter said. Stripe told employees in an email Friday that the internal share price was about $29, compared with $40 in the most previous internal valuation, known as a 409A valuation, the people said.
Gold prices slumped on Thursday, reversing a gain from the prior session, as the shiny metal headed toward fresh nine-month lows. Silver and platinum hit fresh 2-year lows as strong U.S. dollar weighed on metals prices. Price action Gold futures GC00, -1.42% GCQ22, -1.42% for August delivery fell $23, or 1.4%, to $1,711 per ounce.
It has been a rough start for entertainment company Warner Bros. Discovery (NASDAQ:WBD). The company was formed and its stock launched in April of this year after AT&T (NYSE:T) spun-off WarnerMedia and merged it with the Discovery network in a blockbuster $43 billion deal. The company boasts some notable properties, including the Warner Bros. film
Pharmaceutical firm Novavax (NASDAQ:NVAX) is getting ready to deliver vaccines for the omicron Covid-19 variant strain soon. In addition, the company just got the green light from the E.U. to start providing Covid-19 vaccines for adolescents. Consequently, there’s a strong possibility that NVAX stock will soon make a move to the upside. Let’s be honest, the
The qualified business income (QBI) deduction was a centerpiece of the 2017 Tax Cuts and Jobs Act (TCJA). The write-off is available to eligible individuals through 2025. The QBI deduction can be up to 20% of: (1) QBI earned from a sole proprietorship or a single-member LLC (SMLLC) that’s treated as a sole proprietorship for
Palo Alto Networks (NYSE:PANW) is one of the leading names in the cybersecurity sector. So far in 2022, PANW stock is performing “less bad” than other tech stocks. It’s down about 10% while the Nasdaq index is down over 20%. Palo Alto is a legacy cybersecurity company that came to prominence in the era