As long-term investors, we have to manage our portfolios in every environment. In recessions, we can turn to defensive investing. Our Investing 101 series is here to help give you the knowledge you need to feel empowered to build wealth in the stock market. In this latest video of the series, we explain: 0:00 –
Municipals were little changed in secondary trading Wednesday amid an active primary market with two billion-dollar deals priced, although details on one were not immediately available. U.S. Treasury yields were weaker in spots and equities ended mixed. The three-year muni-UST ratio was at 59%, the five-year at 61%, the 10-year at 66% and the 30-year
EY has “paused” its plan to split in two amid a fierce dispute over how much of its tax business should stay with the audit side of the firm. Julie Boland, the head of EY’s US business, who has been picked to run EY after it spins off its consulting arm, told partners on a
Bitcoin (BTC) fell to three-week lows on March 8 as stronger-than-expected employment data from the United States dampened risk assets. Employment stats boost Fed hawks, BTC price dips Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $21,858 on Bitstamp. The pair was attempting to preserve $22,000 as support at the time of
The municipality that is home to the American Dream mall in New Jersey is suing its operator, saying it failed to make agreed upon payments in lieu of taxes. East Rutherford’s lawsuit, filed Friday in New Jersey Superior Court, asserts that despite pulling in “hundreds of millions of dollars” in revenue since opening in 2019,
In this article MAXN CRCT SFIX CRWD Follow your favorite stocksCREATE FREE ACCOUNT The Stitch Fix application for download in the Apple App Store on a smartphone. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines after the bell. CrowdStrike — The global cybersecurity company’s shares were up 6% after its
Ethereum co-founder Vitalik Buterin has gone on a shitcoin selling spree, exchanging nearly $700,000 worth of tokens previously airdropped to him for Ether (ETH). According to Etherscan, a wallet belonging to Buterin on March 7 offloaded 500 trillion SHIKOKU (SHIK) for 380.3 ETH ($595,448), nearly 10 billion Cult DAO (CULT) for 58.1 ETH ($91,021), and
Share to Facebook Share to Twitter Share to Linkedin Is inflation scrambling your nest egg? If so, you’re not alone. The market’s been weak since inflation kicked into high gear in the second half of 2021. More than a year later, we’re still struggling with extreme price increases and reduced balances in our brokerage accounts
Getty Images Moving in retirement can unlock a big pot of money to help fund those post-work years. In 2019, the typical homeowner age 60 or older who sold their home and relocated to a cheaper housing market accessed nearly $100,000 in home equity, according to new research published by Vanguard Group. The typical person
The market continues to grind up, and you might be getting excited to take another chance at shorting. If you are looking to set up a shorting opportunity trade with options, this is a simple PUT VERTICAL SPREAD that you BUY in order to profit from a downside move. The options trade risk is defined
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Know when and how much you will get paid from dividends – with these dividend dates and formulas. Our Dividend investing series is here to help give you the knowledge you need to feel empowered to build wealth and income through the stock market. In this second video of the series, we explain: Dates to
Municipals were a little firmer in spots Tuesday, while equities and short-term U.S. Treasuries sold off after Federal Reserve Board Chair Jerome Powell suggested interest rates could be hiked higher than expected to combat inflation. The two-year UST yield rose 13 basis points, pushing it above 5% for the first time since June 2007. The
The price of Ether (ETH) declined 6% between March 2 and 3, followed by tight-range trading near $1,560. Still, analyzing a wider time frame provides no clear trend, as its chart can point to a descending channel or a slightly longer seven-week bullish pattern. Ether’s recent lack of volatility can be partially explained by the
Jay Powell warned the US Federal Reserve is prepared to return to bigger interest rate rises to fight inflation at a congressional appearance on Tuesday. In his first public intervention since data releases showed the central bank struggling to cool the US economy despite a year-long campaign of monetary tightening, the Fed chair signalled his
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion in exorbitant management fees in violation of the trust agreements.” FTX Debtors Accuse
Iowa-based UnityPoint Health and New Mexico-based Presbyterian Healthcare Services are exploring a merger that would create a system with $10 billion in revenues. The two signed a letter of intent to consider merging last week. Both systems will now pursue a deeper evaluation that could lead to a definitive agreement and regulatory approvals. Each would
In this article KEY NSC WW Follow your favorite stocksCREATE FREE ACCOUNT Source: Weight Watchers Check out the companies making headlines after hours. WW International — Shares jumped more than 6% after WW International, also known as WeightWatchers, said it’s acquiring Sequence, a subscription telehealth platform with a focus on chronic weight management, for a
The United States Securities Exchange Commission (SEC) won’t be allowed to fine executives involved in Voyager Digital should it end up issuing bankruptcy tokens to help repay impacted customers, bankruptcy judge Michael Wiles has said. The comments from Wiles came on Mar. 6, the third day of hearings regarding a plan by Voyager to issue
Million-dollar-plus homes are making up a smaller portion of the housing pie than they did in the spring according to a recent survey. Just over 7% of homes in the U.S. are worth $1 million or more. The share has dropped from June 2022’s all-time high of 8.6% and remains essentially unchanged from a year