Social Security, the government pension plan that helps to support $67 million Americans, weathered the pandemic with less of a financial hit than expected, but some beneficiaries still struggled with their benefits through the crisis, a new report found. Beneficiaries still got their checks, but Social Security office closures and a transition to remote work
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If June is any indication, the appetite for initial public offerings (IPOs) appears to be heating up. Cava (NYSE:CAVA) went public on June 15, selling 14.4 million shares and raising nearly $318 million in the process; it had the best IPO opening since July 2022, suggesting the current environment for companies to go public could
Happy Friday MarketWatchers, The holiday-shortened week was certainly full of retirement news. Here are some of our highlights: For military families there’s a short window in which veterans can change their spousal survivor benefits so their spouse or children can receive a pension after the retiree dies — it’s the first, and for now only,
There’s no denying that Palantir Technologies (NYSE:PLTR) caught the attention of financial traders in May and June. That’s probably because of the company’s connection to artificial intelligence, a red-hot topic in 2023. This helps to explain why some analysts might be optimistic about PLTR stock. On the other hand, Palantir Technologies’ rich valuation indicates that this might
This week is projected to capture the hottest average global temperature on record, while much of the U.S. is experiencing a heat wave. Such sweltering conditions in the U.S., brought on by El Niño and human-caused climate change, could be particularly tough on low-income people and people of color — especially those who lack air conditioning,
In the dynamic landscape of AI stocks, it’s crucial to carefully approach this exciting realm with thoughtfulness. A prudent strategy is a basket approach that diversifies across multiple companies. By investing in a theme and spreading your investments, you can mitigate risks and increase the chances of capitalization. AI offers various investment options and avenues.
Samsung Electronics 005930, -1.96% said Friday that it expects its second-quarter operating profit to fall 96% on year, which would be its weakest performance in more than 14 years. The preliminary earnings outlook suggests that the world’s largest manufacturer of memory chips, smartphones and televisions continues to struggle with weak global demand for tech products
Some folks might say it was a brilliant move for global movie-theater chain AMC Entertainment (NYSE:AMC) to create and issue shares of AMC Preferred Equity Units (NYSE:APE) stock. However, others aren’t very pleased with AMC Entertainment’s large-scale printing of APE stock. There’s a great deal of controversy surrounding AMC Entertainment in 2023, so it’s a good idea
Ellen Dumm describes herself as a hardworking Australian shepherd – she thrives when she has a job to do. That made the idea of retiring complicated for her. What would this self-described working dog do without a job? She enrolled in the inaugural class of the Change Makers program at the University of Colorado Denver
Many investors keep talking about a recession and yet, there’s still no recession. Regardless, it’s got some investors looking for recession-proof stocks, while others are looking to buy stocks for an economic boom. Picking stocks for 2023 has not been an easy ride. Not many investors expected the Nasdaq to explode more than 30% in
Meta Platforms Inc. launched Threads, its rival to Twitter, a day early Wednesday. “Let’s do this. Welcome to Threads,” Meta Chief Executive Mark Zuckerberg posted on the new app. The text-based app, a spinoff of Meta’s META, +2.92% Instagram, had been set to launch Thursday morning, but instead went live for users in the U.S.
Are you looking for a reasonable amount of income without a ton of risk? If so, high-yield ETFs to buy are a better way to go than individual dividend-paying stocks because they give you diversification, which significantly reduces company risk in the process. If one investor considers a stock to have a high yield, another
Here are some of the biggest movers ahead of Wednesday’s market open: Stock gainers: Wolfspeed Inc. WOLF, +2.07% stock surged 15% in premarket trading after the after the silicon-carbide chip maker said it signed a 10-year wafer-supply agreement with Japan’s Renesas Electronics 6723, +1.78%. Shares of Rivian Automotive Inc. RIVN, +17.41% climbed 4% in premarket
Quantum computing is one of the hottest fields of technology right now. These supercomputers have the potential to revolutionize life as we know it, making cutting edge advances in areas ranging from medicine to space exploration. The quantum computing market is forecast to reach $4.38 trillion globally by 2028. Compare that number to $866 billion
Elon Musk is limiting the daily number of tweets users can read, he announced Saturday after thousands of users reported problems trying to access the social-media app. In a tweet Saturday afternoon, Musk said that verified accounts are limited to reading 6,000 posts a day. For unverified accounts, the number drops drastically to 600 posts a day.
When it comes to the brands that Americans feel are the most patriotic, Jeep still rules the road — but Disney isn’t far behind. Jeep STLA, +1.54%, the vehicle manufacturer with an 80-plus year history and deep ties to the American military, ranked first in the annual Most Patriotic Brands in America Survey, which is
Li Auto (NASDAQ:LI) stock is the big Chinese EV success story of 2023. Shares are up over 65%, while those of rival Chinese companies have barely budged. The company is rightly being called the Chinese Tesla (NASDAQ:TSLA). If this were an American company, its stock would be a bargain. But there’s a worm in the apple,
Meta Platforms Inc.’s answer to Twitter is poised to launch, according to a new report, as Elon Musk’s faltering microblogging app struggles to hold onto advertisers and over the weekend placed restrictions on posts viewed by users. The Wall Street Journal reported late Monday that Meta’s META, -0.33% Threads will be released soon, and is
Opinions are definitely mixed on Wall Street when it comes to enterprise artificial intelligence company C3.ai (NYSE:AI). Sure, AI stock will give you direct exposure to the fast-growing machine-learning industry. On the other hand, there are issues with C3.ai that eager traders should consider before over-investing in the company. Earlier this summer, traders were furiously bidding up
The Supreme Court on Friday struck down the Biden administration’s plan to cancel student-loan debt, giving opponents and proponents of loan forgiveness the chance to square off again on a debate that’s gripped Americans for months. Biden’s plan aimed to cancel up to $10,000 in federal loan debt for borrowers earning less than $125,000 and
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