Reported 7 days ago
Former President Donald Trump publicly urged the U.S. Federal Reserve to cut interest rates 'sooner, rather than later' in a recent social media post, while also criticizing Fed Chairman Jerome Powell for his leadership. Trump stated that there is a widespread consensus on the need for rate cuts and expressed skepticism about Powell's ability to act in time.
Source: YAHOO
Reported 7 days ago
Dutch Bros and On Holding are identified as two promising stocks poised for significant growth. Dutch Bros is expanding its unique beverage offerings and plans to open 160 new locations in 2025, while On Holding is rapidly growing its sales and profit margins, indicating strong demand for its innovative footwear. Both companies have shown impressive year-over-year growth, making them attractive options for long-term investors.
Source: YAHOO
Reported 7 days ago
Prologis, the largest publicly traded REIT with over $100 billion market cap, may face competition from Equinix and Realty Income in the next 10 years. Equinix, a leader in the data center sector with nearly $85 billion in value, capitalizes on the need for digital infrastructure. Meanwhile, Realty Income, valued at $59 billion, diversifies through long-term lease investments and aggressive portfolio expansion. Both companies exhibit significant growth potential that could lead to greater valuations than Prologis by 2035.
Source: YAHOO
Reported 7 days ago
The article discusses the benefits and considerations of investing in Amazon, highlighting its strength as a foundation for a diversified portfolio due to its significant revenue from e-commerce and cloud computing. The author suggests that while Amazon is a solid long-term investment, it's wise to use dollar-cost averaging for new purchases to mitigate risks in an uncertain economy. Overall, Amazon could be a valuable addition to a portfolio, but it shouldn't be the sole investment.
Source: YAHOO
Reported 7 days ago
Co-signing a loan for a friend or family member may seem like a simple favor, but it carries significant financial risks. As a co-signer, you're responsible for the entire loan amount, which can affect your credit score and debt-to-income ratio. Even if the borrower defaults or files for bankruptcy, you remain liable for the debt. Additionally, removing yourself as a co-signer is a complicated process. Proceed with caution before committing to this long-term financial obligation.
Source: YAHOO
Reported 7 days ago
The U.S. Federal Reserve has secretly purchased $43.6 billion in U.S. Treasurys over four days, marking a return to quantitative easing disguised as reinvesting maturing bonds. This move has triggered concerns and speculations in the markets, especially among gold and bitcoin traders, as it suggests a strategy amidst declining trust in fiat currencies. With central banks globally ramping up gold reserves and Brazil's commodity-rich economy poised for gains, investors are advised to pay attention to these developments before potential market shifts occur.
Source: YAHOO
Reported 7 days ago
The summer travel season is in full swing, with many Americans planning vacations, buoyed by falling gas prices and airfares. Despite economic concerns, nearly 20% plan to spend more on trips, as indicated by travel booking app Hopper. With Memorial Day acting as a key travel indicator, projections show 45.1 million travelers expected to hit the road. While airfares are the lowest seen in four years, hotel rates remain high, prompting experts to advise flexibility in travel plans for better deals.
Source: YAHOO
Reported 7 days ago
Colombia has applied to join a China-based development bank, marking a growing shift in Latin America away from U.S. influence. President Gustavo Petro's recent visit to China included discussions about a $512 million investment in the New Development Bank, which is part of the BRICS grouping. This move is seen as a response to U.S. policy changes, and Petro emphasized Colombia's intention to remain neutral amid geopolitical tensions, asserting the country's decision to engage with both the U.S. and China.
Source: YAHOO
Reported 7 days ago
Significant changes to Social Security, including staff reductions and service limitations, have instilled fear among retirees and future beneficiaries. Columnist Kerry Hannon addresses common questions regarding delayed benefits and offers insights into navigating the evolving landscape. Many retirees are compelled to claim benefits early due to financial pressures, while others speculate on Roth conversions as a strategy for tax-free income in retirement. With ongoing service disruptions and unsure prospects, experts warn that seniors should brace for continued challenges in accessing Social Security services.
Source: YAHOO
Reported 7 days ago
Brave browser is set to integrate Cardano into its multichain wallet, allowing users to manage their Cardano assets and participate in governance directly. This collaboration has sparked excitement in the Cardano community, as founder Charles Hoskinson hints at more major announcements to come this summer and fall. The integration reflects a commitment to enhancing user options and advancing blockchain standards, aligning with Brave’s privacy-centric ethos.
Source: YAHOO
Reported 7 days ago
Financial expert Vincent Chan highlights common tactics people use to appear wealthier than they actually are, particularly on social media. He emphasizes the importance of focusing on personal financial health rather than comparing oneself to others. Many people incur debt to maintain a façade of luxury that does not reflect their true financial status. Chan encourages developing clear personal goals and avoiding the trap of visible spending, as true wealth is often invisible and grounded in sound financial habits.
Source: YAHOO
Reported 7 days ago
Despite increased scrutiny on diversity, equity, and inclusion (DEI) policies, American shareholders are pushing back against efforts to roll back such initiatives. At recent annual meetings, including Berkshire Hathaway's, stockholders rejected anti-DEI measures, indicating a preference for maintaining merit-based diversity strategies focused on financial performance. However, pro-DEI proposals have also struggled, suggesting a growing fatigue with the topic of DEI among investors. As companies like JPMorgan and Disney revise their DEI practices, the legal and political environment is intensifying against DEI-related policies.
Source: YAHOO
Reported 7 days ago
In recent weeks, over $5 billion has been invested in U.S.-listed spot Bitcoin exchange-traded funds (ETFs) as the cryptocurrency made a rapid recovery from $75,000 to $100,000. The influx of funds is primarily attributed to strategic bullish bets rather than traditional arbitrage strategies. Data indicates that in April alone, these ETFs attracted $2.97 billion, with an additional $2.64 billion this month, bringing total inflows since January 2024 to over $41 billion. The shift in investment strategies suggests that major players are increasingly using ETFs to showcase a positive outlook on Bitcoin's future trajectory.
Source: YAHOO
Reported 7 days ago
According to J.D. Power's latest EV consideration study, 24% of car shoppers in the U.S. are 'very likely' to consider buying an electric vehicle (EV), with many exploring options beyond Tesla, including brands like Honda, Ford, and BMW. The study indicates consumers are now cross-shopping an average of 2.9 brands for EVs compared to two for gas cars. Despite potential challenges like the proposed elimination of the federal EV tax credit, interest in EVs remains strong as manufacturers expand their electric options.
Source: YAHOO
Reported 7 days ago
Nebius Group, a lesser-known AI data center company supported by Nvidia and Amazon's Jeff Bezos, is gaining attention as it prepares for earnings on May 20. Having reported impressive revenue growth and strong annual recurring revenue projections, the company is bolstered by substantial spending from cloud hyperscalers. Analysts suggest that while there may be opportunities for short-term gains, a cautious approach may be prudent for long-term investors as they await clearer financial guidance in the upcoming earnings call.
Source: YAHOO
Reported 7 days ago
In a recent discussion on Reddit, seasoned investors reflected on what they would change if they were 25 again, often highlighting the importance of early investments in stocks like Nvidia and Tesla. They emphasized buy-and-hold strategies, focusing on reaching a $100,000 net worth to accelerate financial growth, and avoiding distractions from risky financial instruments. Overall, these insights stress the value of good habits and patience in investing.
Source: YAHOO
Reported 7 days ago
Walmart announced it will raise prices on numerous items due to Trump tariffs, which are taxes on imports that disproportionately affect American consumers. As retailers begin to follow suit, average import taxes have surged from 2.5% to 18%, particularly impacting goods from China with tariffs as high as 30%. Analysts predict that inflation will rise, with expected increases of 15% on leather goods and 14% on clothing and electronics, amidst concerns over future economic stability.
Source: YAHOO
Reported 7 days ago
House Republicans' proposed tax legislation threatens to halve a lucrative tax break that allows sports team owners to shelter billions, drawing scrutiny after a ProPublica investigation revealed disparities in tax rates. The bill faces negotiation hurdles, and while the tax break will still benefit existing owners, future purchases might see diminished advantages, potentially impacting team valuations. Despite these changes, interest in sports franchise ownership is expected to remain among wealthy investors.
Source: YAHOO
Reported 7 days ago
Essex Property Trust, Inc. (ESS) has announced its quarterly dividend of $2.57 per share, maintaining a tradition of steady dividend growth since its IPO in 1994, totaling a remarkable 31 years of uninterrupted increases. The company, focused on apartment communities in high-demand areas like Southern California and the San Francisco Bay Area, offers a dividend yield of 3.56%. Despite showcasing a strong performance, there are suggestions that some AI stocks may provide greater investment opportunities.
Source: YAHOO
Reported 7 days ago
If you're considering retiring mid-year, be aware that your income level can affect your taxes and Social Security benefits. While you won't directly have to pay back Social Security, retiring before your Full Retirement Age could lead to withholding of benefits if your income exceeds certain limits. It's important to plan ahead to avoid unexpected tax implications and consider other factors like health insurance and pension calculations. Consulting with your tax advisor for personalized guidance is recommended.
Source: YAHOO
Reported 7 days ago
In light of recent volatility in the market, two stocks, Tesla (TSLA) and Rocket Lab (RKLB), have presented buying opportunities after falling 15% and 7%, respectively. Tesla is expected to rebound with promising developments in its vehicle production and potential robotaxi launch, while Rocket Lab remains confident in its future with the Neutron rocket despite recent stock declines. Investors with a tolerance for risk may find these growth stocks worth adding to their portfolios.
Source: YAHOO
Reported 7 days ago
The Trump administration has intensified its efforts to reduce drug prices and reshape the pharmaceutical supply chain, as expressed by special adviser Calley Means. The administration aims to align U.S. drug prices with those in Europe without mandating specific amounts. Despite drug companies threatening to withdraw manufacturing commitments, Means called such actions 'morally reprehensible.' The administration has introduced tariffs on medical devices and is considering a significant tariff on imported medicines while enforcing a 'Most Favored Nation' executive order to ensure fairness in pricing across developed nations.
Source: YAHOO
Reported 7 days ago
In the first months of 2025, the US imported over 600 tons of gold, raising eyebrows among experts who wonder about the underlying reasons for such a drastic accumulation. Central banks globally are also stockpiling gold at an unprecedented rate, particularly Russia and China, signaling potential geopolitical instability. The movement of physical gold into US vaults contrasts with stagnant official reserves, prompting speculation about a looming currency reset and the historical significance of gold as an asset during economic turmoil.
Source: YAHOO
Reported 7 days ago
Former US Treasury Secretary Lawrence H. Summers and Hoover Institution Senior Fellow Elizabeth Economy discuss the evolving trade dynamics between the US and China, highlighting that while pressures exist on both economies, the US may be facing greater challenges.
Source: YAHOO
Reported 7 days ago
CoreWeave, the Nvidia-backed AI cloud company, has seen its stock surge over 100% since its IPO in March, driven by strong investor interest in AI despite concerns over its high-risk business model. The company, heavily reliant on Nvidia's GPUs and major clients like Microsoft, reported impressive earnings and a robust revenue outlook after securing significant contracts. However, analysts are divided, with some raising price targets due to strong demand, while others caution about its substantial debt and reliance on a few key customers for revenue.
Source: YAHOO