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Markets

2 reasons why Disney’s stock is worth buying despite a theme-park slowdown

by Adrian Jhonsan
2 reasons why Disney’s stock is worth buying despite a theme-park slowdown

People are increasingly skipping out on trips to Disney’s iconic theme parks, but that’s not holding back the company’s plans of enormous spending to expand the business. Disney offered encouraging …

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Categories World

Dividend stocks as a hot play into fall due to Fed and interest rates

by Milton Acorn
Dividend stocks as a hot play into fall due to Fed and interest rates

It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September. Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy …

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Categories Science

10-year Treasury yield slides after Powell remarks point to Fed rate cuts

by Adrian Jhonsan
10-year Treasury yield slides after Powell remarks point to Fed rate cuts

The U.S. 10-year Treasury yield fell Friday as Federal Reserve Chair Jerome Powell signaled at the annual Jackson Hole symposium that the central bank will soon begin cutting interest rates. The …

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Categories World

‘More restrictive policy’ may still be needed

by Adrian Jhonsan
‘More restrictive policy’ may still be needed

Andrew Bailey, governor of the Bank of England, waits to deliver a lecture at the London School of Economics in London, UK, on Tuesday, May 21, 2024.  Bloomberg | Bloomberg …

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Categories World

Debate on whether to trim Best Buy ahead of next week’s earnings

by Adrian Jhonsan
Debate on whether to trim Best Buy ahead of next week’s earnings

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Stocks rallied Friday after Federal …

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Categories World

‘The time has come for policy to adjust’

by Adrian Jhonsan
‘The time has come for policy to adjust’

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent. “The time has come for …

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Categories World

Wyoming is pushing crypto payments, trying to beat the Fed to a digital dollar

by Adrian Jhonsan
Wyoming is pushing crypto payments, trying to beat the Fed to a digital dollar

Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms of business metrics and fundamentals. Bloomberg | …

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Categories World

5 things to know before the stock market opens Thursday

by James Odonell
5 things to know before the stock market opens Thursday

Here are the most important news items that investors need to start their trading day: 1. Rate rally After a selloff prompted by fears about the economy earlier this month, …

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Categories Politics

10 things to watch in the stock market Friday including big earnings movers

by Adrian Jhonsan
10 things to watch in the stock market Friday including big earnings movers

My top 10 things to watch Friday, Aug. 23 1. Wall Street is tracking for a solidly higher open Friday ahead of Federal Reserve Chair Jerome Powell’s closely anticipated speech …

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Categories World

WTI above $74 but heads to weekly loss

by Milton Acorn
WTI above  but heads to weekly loss

The Strategic Petroleum Reserve (SPR) Bryan Mound storage facility located in Brazoria County, Texas, is one of four sites that make up the country’s oil reserve.  Str New | Reuters …

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Categories Science
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