SmartAsset: Alarming number of American workers are cashing in retirement accounts when they change jobs The essence of a retirement nest egg is the concept of patient growth and compounding investments over time. Its purpose is to provide a plentiful reserve of funds when one bids farewell to the workforce, thereby ensuring a comfortable retirement. … Read more
With artificial intelligence stocks leaving the rest of the market behind after Nvidia’s blockbuster earnings report, it’s no surprise that three AI stocks topped the watch list this weekend. data center equipment supplier Arista Networks (ANET), leader in autonomous driving technologies mobileye (MBLY) and chipmaker Monolithic power systems (MPWR) all jumped close to buying points … Read more
Worries over the debt ceiling have had the stock market on edge, but an 11th-hour deal to avoid a default may be taking shape. Still, don’t count on a big relief rally because aggressive Fed tightening and the end of fiscal giveaways appears likely to help push the U.S. economy into recession later this year. … Read more
Saudi Arabia and Russia team up under pressure over oil production cuts
State Farm halts home insurance sales in California
Text size For the editor:Ownership of oil and gas reserves, particularly in the United States, at a time when the dollar is depreciating is very comfortable (“10 Stocks to Play a Resurgent Energy Sector, From Our Roundtable Experts”, Cover Story, May 19 ). Precious stones and gold are outdated; crypto, very risky. Current production, on … Read more
Fighting Consumers Change Target and Bud Light’s Marketing Strategy
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Note that the “highest rates” quoted here are the highest rates available nationwide that Investopedia has identified in its daily search of rates from hundreds of banks and credit unions. This is very different from the national average, which includes all banks offering a CD with this term, including many large banks that pay paltry … Read more
(Bloomberg) – The outlook for France’s credit rating has been lowered from stable to negative by Scope Ratings, raising questions about President Emmanuel Macron’s efforts to boost growth and reduce the debt burden bloated by crisis. Bloomberg’s Most Read The Europe-based rating company said it changed its outlook to its AA rating due to weakening … Read more
