Investing News

Ranging from food to electronics, from luxury specialists to discounters, the retail sector is a diverse and dynamic one—and extremely susceptible to changing consumer tastes, as well. Yet the industry seems to grow every year, regardless of economic cycles or capital costs. Investors can find a lot to like (and dislike) in retail stocks. In doing
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Reloadable debit cards allow you to add money to your card’s balance periodically, which you then can spend as needed. If you’re considering getting a reloadable debit card here are a few important things to know, including how they differ from regular bank debit cards. Key Takeaways A reloadable, or prepaid, debit card is not
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In a sign of continued strength in the U.S. labor market, employers added 528,000 jobs to the economy in July, as reported by the Bureau of Labor Statistics (BLS) in its latest nonfarm payrolls report. Payroll growth came in more than double analysts’ expectations of 250,000. With last month’s gains, the labor market surpassed its
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In this article BRK.A An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022. Scott Morgan | Reuters Berkshire Hathaway‘s operating profits jumped in the second quarter despite fears of slowing
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Key Takeaways Berkshire Hathaway missed analysts’ estimates for EPS but beat on operating earnings in Q2 FY 2022. Operating revenue and earnings were up year over year. However, mark-to-market losses on its investment portfolio were much higher than the estimates. Berkshire Hathaway Earnings Results Metric Beat/Miss/Match Reported Value Analysts’ Prediction Earnings Per Share ($) Miss
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Fast-Casual vs. Fast-Food: An Overview The two stalwarts of the American restaurant industry were always fast-food and fine dining, but now the rapidly growing fast-casual restaurant sector has squeezed in between them. Many companies combined high-quality ingredients with fast-food convenience to launch the trend, including restaurant brands Chipotle (CMG), Shake Shack (SHAK), and Panera, among
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Oil prices have continued to slide, taking wholesale and retail gas prices with them.  The latest losses accelerated following U.S. data showing crude and gasoline stockpiles unexpectedly surged last week, and OPEC+ said it would raise its oil output target by 100,000 barrels per day. Light sweet crude fell nearly 4% to just above $90 per
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If you own a house or plan to buy one, you may wonder what the difference is between a home warranty and home insurance. After all, both safeguard your investment—and your pocketbook—if something goes wrong. Still, home warranties and home insurance policies offer distinct types of protection. Knowing what each one covers can help you
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Shares of Robinhood Markets (HOOD) tumbled 2% after the company released earnings a day earlier than expected and announced it would cut 23% of its workforce. The job cuts mark the second round of layoffs for the brokerage as the company continues to get slammed from a sharp slowdown in customer trading activity. Robinhood’s stock price is down over
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Key Takeaways Adjusted earnings per share (EPS) beat analysts’ expectations. Revenue was roughly in line with expectations. AMD now reports four segments, rather than two, reflecting demand for chips from a wider array of customers. The new segments corresponding to AMD’s old Enterprise, Embedded and Semi-Custom segment beat predictions. AMD Earnings Results Metric Beat/Miss/Match Reported
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Advocates of tax cuts argue that reducing taxes improves the economy by boosting spending. Those who oppose cuts say they only help the rich and reduce the government services on which lower-income individuals rely. Key Takeaways • Tax cuts reduce government revenues and creates either a budget deficit or increased sovereign debt. • The federal tax
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The energy sector is composed of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Popular energy sector stocks include upstream companies that are primarily engaged in the exploration of oil or gas reserves. Well-known companies are Devon Energy Corp. (DVN) and Chesapeake Energy Corp. (CHK). Downstream
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In estate planning, Canadians don’t have to contend with an estate tax the way U.S. citizens do. However, what many people don’t realize is that a “deemed disposition tax” applies when you pass away. In this article, we’ll provide tips on minimizing your estate’s exposure to this tax and structuring your estate plan to ensure
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Accrued Expense vs. Accrued Interest: An Overview An accrual is something that has occurred but has not yet been paid for. This can include work or services that have been completed but not yet paid for, which leads to an accrued expense. Then there is interest that has been charged or accrued, but not yet
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