Investing News

Gold vs. Platinum Amex Card: An Overview Let’s face it, there’s a secret pleasure attached to American Express “precious metal” cards, whether Gold or Platinum. Whether it’s from decades of tv brand advertising or simply because you know your boss carries one, you have decided to join the club because membership has its privileges. You

Traders work the floor of the New York Stock Exchange. NYSE Company: F5 Networks, Inc. (FFIV) Business: F5 is a leading provider of multi-cloud application services that allow its customers to develop, deploy, operate, secure and govern applications in any architecture, from on-premises to public cloud. the Company’s Traffic Management Operating System (TMOS) based offerings

Investors leaned into the final trading day of the week with some energetic buying across sectors, driving the DJIA and S&P 500 up nearly 1.4% and the Nasdaq higher by 1%. We haven’t seen all three sectors rise together since Monday when good vaccine news lit up the market. The rally intensified into the close,

Extinction Rebellion environmental activists protest around Bank Junction in the financial district on the 7th day of their ‘October Rising’ campaign on October 14, 2019 in London, England. Ollie Millington | Getty Images The Federal Reserve is going green, and that could mean a substantial change for the way financial institutions have to prepare for

When most people think about government help with retirement, they think about Social Security and Medicare. Since nine out of 10 retirees receive Social Security benefits and virtually all retired Americans age 65 or older are enrolled in Medicare, this is not surprising. Other government programs are also available, but many older citizens do not

CNBC’s Jim Cramer said Friday that investors should feel more confident that an orderly transition of power from President Donald Trump to President-elect Joe Biden should occur — suggesting a “Black Swan” event that Trump refuses to leave the White House, despite losing a democratic election, appears unlikely. Cramer pointed to a number of developments

Inverse oil exchange-traded funds (ETFs), which are leveraged and can be highly risky, seek to short either a single energy commodity or a combination of several energy commodities. Examples of the types of commodities typically shorted by these ETFs include crude oil, gasoline, and heating oil. These ETFs gain when prices of the underlying oil-based

Marijuana is now legalized in some form in 35 states and the District of Columbia—medically, recreationally, or both. Canada legalized cannabis across the country in 2018, five years after Uruguay did. As such, investors are scrambling to get a piece of an industry that has the potential to grow, with sales expected to reach as

What is the Racial Retirement Wealth Gap? Racial minorities in the U.S. have less saved for retirement than White Americans, putting them at an increased risk of instability in their post-work years. While half of Americans are at risk of being unable to maintain their standard of living in retirement, minorities face an even-more-pronounced risk

Getting started with an individual retirement account (IRAs) can seem complicated, but it takes just a few simple steps. Years from now, you’ll thank yourself for taking the time to make the right investment decisions. Key Takeaways You can set up an IRA at almost any bank, brokerage, or other financial institution. When picking a

“Quantitative easing” refers to steps that the U.S. Federal Reserve takes in attempting to boost the country’s lagging economy. Historically, the Fed’s main tool for spurring growth has been lowering short-term rates. However, QE employs expansionary monetary policy, which involves the purchasing of bonds when the interest rate can no longer be lowered. In September

For many people, converting a traditional IRA to a Roth IRA is a good move. With Roth IRAs, there are no required minimum distributions (RMDs), the money grows tax-deferred, and qualified distributions are tax-free. One drawback, though, is that if your traditional IRA contains both deductible (before-tax) and nondeductible (after-tax) amounts, you must treat the

Could all those retirees in Florida and Arizona have it wrong? For decades, older Americans have migrated south once they left the workforce, settling in states where they can enjoy year-round sunshine. But according to a report from the Center for the Future of Aging of the Milken Institute—a think tank that focuses on economic and

Investors held the sell button down all day today as all major S&P 500 sectors traded lower. The DJIA led the declines among major averages as recovery stocks were sold off for the second day in a row. There were more bad headlines weighing on sentiment, including another daily record in new COVID-19 cases across

Caterpillar Inc. excavators are displayed for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, U.S., on Monday, Jan. 27, 2020. Luke Sharrett | Bloomberg | Getty Images This week, investors shifted money away from high-flying tech stocks, and into beaten-down groups like energy, industrials and real estate. These sectors, which are more sensitive

CNBC’s Jim Cramer said Thursday he believes some on Wall Street have become too optimistic about the market in the face of surging coronavirus cases and hospitalizations, suggesting investors will find better entry points into stocks. “I think there’s too many people who are positive. I think you let it come in a little,” Cramer

Stock’s are surging on Monday on news of a 90% effective Covid-19 vaccine and CNBC’s Jim Cramer said investors should be excited about what the scientific breakthrough means for everyday life and the stock market. “If you think about where we were last week, where we felt that there was very little chance to be able to stop this

I knew the day was coming, even if an effective vaccine would be announced shortly (which it was), my most “normal” activity, playing tennis, was, again, going to succumb to Covid-19 protocols. The virus has been surging in my state, with daily cases up over tenfold compared to where they were in June.  Finally, the decree

A pedestrian holding an umbrella walks past a Charles Schwab office in New York. Scott Eells | Bloomberg | Getty Images Stocks are surging on Monday but some customers of online brokers Charles Schwab, TD Ameritrade, Vanguard and others could be missing out on the record market highs. E-brokers are experiencing technical issues with their

CNBC’s Jim Cramer on Monday gave advice on how to approach the stock market after news of progress on a coronavirus vaccine sent the recovery stocks rallying and the stay-at-home stocks retreating. “I think you have to be prepared for a multiday sell-off in the Covid names,” the “Mad Money” host said. “These stocks have