Daily Trade

Apple’s latest move into financial services is generating a lot of attention. Last month, Apple AAPL, +4.69% launched its new Apple Card savings account. It offers an attractive interest rate and allows users to move seamlessly between the savings account and credit card while using their iPhone. But is it the right option for consumers?
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Americans benefiting from a “lopsided welfare state” should be more critical of tax breaks and policy structures that potentially add to their wealth at the expense of others, the leading U.S. poverty researcher Matthew Desmond urged Wednesday during an event at the Urban Institute. “Many of us on the left and the right and in
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Hovde Group analysts on Friday said bank stocks offer a “rare entry point” as they called a potential bottom to the steep selloffs in the sector amid speculation about further bank failures despite updates from regional banks on deposit strength. “There is nothing new fundamentally occurring with bank system deposits (other than the already known
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A private gauge of China’s service sector declined in April but still stayed in expansion territory as consumers shifted to close-contact services after Beijing lifted COVID restrictions. The Caixin China Services purchasing managers index fell to 56.4 in April, down from 57.8 in March, said Caixin Media Co. and S&P Global on Friday. It marked…
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Got a question about the mechanics of investing, how it fits into your overall financial plan and what strategies can help you make the most out of your money? You can write me at [email protected].   Dear Fix My Portfolio, I think I have an uncommon problem. I’m a 65-year-old recently retired education administrator. I think
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The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world. Although Federal Reserve officials have taken pains to assure the public that the U.S. banking system is sound, it is unclear why anyone should believe them. After all, Fed Chair Jerome Powell told Congress the same thing just days
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This article is reprinted by permission from . In this excerpt from his new book, “,” Mark Miller discusses ways to get the most from your Social Security benefits. Miller is a journalist and author specializing in topics related to retirement and aging. For most Americans, Social Security will be their single most important retirement benefit…
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Arista Networks Inc. shares slipped further in the extended session Monday after the cloud-network company’s said one of its biggest growth drivers could slow down after reporting that quarterly results and outlook both topped Wall Street estimates. Arista ANET shares fell 7% after hours, following a flat day in the regular session to close at
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People are cutting back on their spending and putting money aside for a rainy day. That’s according to data from the U.S. Department of Commerce released Friday. The personal savings rate — personal savings as a percentage of disposable personal income — rose to 5.1% in March, up from 4.8% in February. And the personal
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