Reported 4 months ago
Comcast, Best Buy, and Robert Half are standout choices for passive income seekers, thanks to their long histories of raising dividends and offering solid yields. Comcast has raised its dividends for 17 consecutive years, currently yielding 3.83%, while Best Buy has done so for 11 years with a yield of 5.62%. Robert Half maintains a consistent 5.36% yield, having increased dividends for 20 years. All three companies demonstrate reliable performance, making them appealing to income-focused investors.
Source: YAHOO
Reported 4 months ago
Democrats are pressing GOP leaders to abandon proposed cuts to Medicaid and instead focus on addressing 'upcoding' practices in Medicare Advantage, which they argue wastes federal funds. In a letter to key lawmakers, more than 40 Democrats highlighted concerns regarding private insurers overcharging the government by billions through unverifiable patient diagnoses. They warned that Medicaid cuts could significantly harm working-class Americans' access to essential healthcare services.
Source: YAHOO
Reported 4 months ago
As President Trump imposes tariffs, certain job sectors are predicted to be hard hit, particularly manufacturing, warehousing, and transportation due to increased costs on imported materials. Conversely, jobs in the healthcare and hospitality sectors are expected to remain stable or even prosper, as the demand for medical care and hospitality services continues to grow. Specific roles such as physicians, nurses, hotel managers, and chefs are highlighted as safer career options during this economic uncertainty.
Source: YAHOO
Reported 4 months ago
As 50% of Americans lack a retirement plan, those nearing retirement can still enhance their savings and financial stability. Key strategies include calculating expenses (both predictable and unpredictable), reviewing income sources like pensions and Social Security, reducing debt, considering downsizing or relocating to tax-friendly areas, and consulting a financial professional for smart investment allocation. These steps can lead to greater financial freedom and peace of mind in retirement.
Source: YAHOO
Reported 4 months ago
The $7,500 federal electric vehicle tax credit remains available for buyers despite political uncertainty surrounding its future. While some dealerships are reportedly not promoting the credit due to confusion over eligibility, others are actively offering it. As discussions in Congress continue about potentially repealing the credit, industry experts emphasize the need to simplify the rules to encourage EV adoption rather than hindering it.
Source: YAHOO
Reported 4 months ago
OpenAI has undergone major changes this week, including the appointment of Fidji Simo as the new head of applications and the abandonment of plans to transition into a for-profit business in favor of becoming a public benefit corporation. These shifts come as Elon Musk, a co-founder and critic of the organization, labels OpenAI's moves as a 'facade' designed to obscure alleged misconduct regarding its nonprofit status. The company also acquired AI coding tool Windsurf for $3 billion as it faces increasing competition in the AI landscape.
Source: YAHOO
Reported 4 months ago
As the stock market experiences a remarkable rebound, fueled by retail investors capitalizing on dips, institutional investors are hesitant about returning, still wary of economic uncertainties and trade tensions. While some are cautiously beginning to buy back into the market, others remain skeptical, analyzing when to re-enter, especially considering the unpredictable impact of current monetary policies and geopolitical events.
Source: YAHOO
Reported 4 months ago
Source: WSJ
Reported 4 months ago
As summer approaches, warning signs are emerging in the US travel industry with reports from Expedia and Bank of America indicating a decline in travel demand and spending on flights and lodging. This slowdown follows a period of intense travel interest post-COVID-19. Major players like Airbnb and Hilton are also noting declines in international visitor interest, particularly from Canada, as economic uncertainties and tariffs impact consumer confidence. Overall, the US government reported a 3.3% decrease in overseas visitors this year, which may signify the beginning of a notable trend in the travel sector.
Source: YAHOO
Reported 4 months ago
Tesla stock surged to its highest level since February, marking a third consecutive week of gains spurred by positive trade sentiment and CEO Elon Musk's plans for greater involvement in the company. Despite this, Tesla faces challenges with declining sales in Europe, including a 62% drop in UK registrations. In response, the automaker has introduced a new, more affordable version of its Model Y SUV in the US to stimulate demand.
Source: YAHOO
Reported 4 months ago
A recent report reveals that 50% of American parents with adult children are providing monthly financial support averaging $1,500, impacting their own retirement savings. While these parents strive to help their children amid rising living costs, they often allocate more to support than to their retirement plans, risking their financial future. Experts advise setting clear financial boundaries and discussing conditions for assistance to balance helping children and securing personal retirement.
Source: YAHOO
Reported 4 months ago
In May, two leading artificial intelligence stocks stand out: Meta Platforms and Nvidia, both leveraging AI to enhance their business models and maintain competitive advantages. Meta benefits from its vast user base for advertising and is integrating AI to refine its services, while Nvidia continues to dominate the AI GPU market with its robust software and hardware edge. Conversely, Palantir Technologies, despite its strong growth, is deemed too expensive at present, making it a stock to avoid.
Source: YAHOO
Reported 4 months ago
Despite market volatility and unpredictable events, I believe patience and consistency in investing are key to building wealth. Even renowned investors like Warren Buffett cannot predict short-term market movements, making it important to focus on longer-term strategies. I have been investing more than usual recently, purchasing stocks like Walmart and Roku, while also favoring diversified funds like the Vanguard S&P 500 ETF. My approach is to embrace bad news as an opportunity to buy undervalued stocks and benefit from compound growth over time.
Source: YAHOO
Reported 4 months ago
Coinbase has revealed a $150 million investment in bitcoin, part of its long-term strategy which now comprises 25% of its net cash. Unlike companies that focus heavily on holding bitcoin, Coinbase's approach is cautious and operationally aligned, reflecting its identity as a leading crypto exchange rather than an outright bitcoin maximalist. CEO Brian Armstrong emphasizes that these purchases stem from a belief in crypto's future rather than a risk-driven treasury strategy.
Source: YAHOO
Reported 4 months ago
The 'Magnificent Seven' tech giants have made a notable comeback in the stock market following a difficult start to 2025. This resurgence is spurred by positive first-quarter earnings and hopes of easing trade tensions after President Trump's tariffs. However, investors remain cautious, weighing the risks of future volatility and whether to bet on further gains in tech stocks or adopt a more defensive strategy amid a mixed economic outlook and underperformance of technology sectors compared to traditional defensive stocks.
Source: YAHOO
Reported 4 months ago
Advanced Micro Devices (AMD) has shown promising growth, particularly in its data center segment, with revenues surging 57% to $3.7 billion, despite a challenging year where the stock is down 35%. The shift in the AI chip market towards inference presents a significant opportunity for AMD, as it leads in data center CPU space and has seen increasing demand for its GPUs in generative AI applications. Although export restrictions to China may hinder some revenue, AMD anticipates continued double-digit growth, making it a potentially attractive time to invest in its stock.
Source: YAHOO
Reported 4 months ago
As around 2 million college graduates from the Class of 2025 enter the job market this spring, they encounter a cooling market affected by President Trump's tariffs. Job searches are becoming longer and more challenging, especially for those in fields like mechanical engineering, with hiring expectations plummeting from a previously hopeful 7.3% to just 0.6%. Despite the job market still adding jobs, the increased uncertainty around tariffs is complicating investment and hiring decisions, leaving many graduates feeling anxious about their job prospects.
Source: YAHOO
Reported 4 months ago
The US-China trade war has escalated significantly, with tariffs on Chinese goods soaring to 145% and 125% on US imports, following a series of aggressive policies initiated during Trump's presidency. The timeline reveals a pattern of escalating tariffs, starting with 10% in February 2025 and culminating in the current rates after a series of retaliatory measures from both nations. As new talks are set to occur in Switzerland, there are indications that tariff rates may be reconsidered, with discussions of potentially lowering them proposed by the Trump administration.
Source: YAHOO
Reported 4 months ago
In light of WeightWatchers' recent bankruptcy, wellness companies are turning to weight-loss drugs like Wegovy and Zepbound to remain competitive, as consumer preferences shift away from traditional weight management approaches. Telehealth firms, facing regulatory challenges with cheaper alternatives, are also adapting, emphasizing partnerships with established drug manufacturers to maintain their sales. These changes reflect a significant transformation in the wellness industry, where innovative strategies are essential for staying relevant in a rapidly evolving market.
Source: YAHOO
Reported 4 months ago
Source: YAHOO
Reported 4 months ago
Source: YAHOO
Reported 4 months ago
Source: YAHOO
Reported 4 months ago
Source: YAHOO
Reported 4 months ago
Nearly every millionaire in America shares five key traits that contribute to their wealth, including owning appreciating assets like real estate, driving reliable used cars, attending state schools, investing in 401(k) plans, and paying off credit card balances. Many Americans might already possess some of these attributes, which are not only practical but can lead to financial success over time.
Source: YAHOO
Reported 4 months ago
The Clorox Company (NYSE:CLX) is highlighted as one of the best high-yield dividend stocks for 2025, showcasing a dividend yield of 3.62%. Despite recent earnings falling short of expectations due to a challenging market environment, CLX has a solid history of raising dividends for 22 consecutive years. The company remains focused on maintaining a strong balance sheet and operational stability, essential for sustaining dividend payouts amidst market fluctuations.
Source: YAHOO