Here Comes The Fed
A look ahead to the Federal Reserve’s Open Market Committee meeting next Tuesday.
Netflix makes Volodymyr Zelenskyy’s show ‘Servant of the People’ available to U.S. streamers
In this article NFLX Servant of the People is once again available on Netflix in The US. The 2015 satirical comedy series stars Volodymyr Zelenskyy playing a teacher who unexpectedly becomes President after a video of him complaining about corruption suddenly goes viral. Netflix “Servant of the People,” the 2015 satirical comedy series starring Ukraine’s…
Berkshire Hathaway closes at a record above $500,000 a share as Buffett’s conglomerate roars back
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway class A shares achieved a key milestone Wednesday, hitting an all-time closing high of half a million dollars as Warren Buffett’s multifaceted conglomerate fires on all cylinders during the economic recovery. The class A shares gained 1.3% Wednesday, rising for a fourth…
Steve Wozniak’s best investing tips – and why he’s ‘very skeptical’ of most cryptocurrencies
For Apple co-founder Steve Wozniak, investing can be a real headache. “As a rule, I don’t invest [often], because then you’ve got to be watching it every day, and I like my head to be really peaceful and low stress,” Wozniak tells CNBC Make It. That’s why he says he tries to avoid buying stocks…
New Federal Reserve projections show six more rate hikes this year
Federal Reserve officials expect to hike rates roughly six additional times this year, bringing its benchmark interest rate to nearly 2%, according to projections released Wednesday. The median member of the Federal Open Markets Committee expects the Fed Funds rate to be 1.9% at the end of the year, according to the release. On Wednesday,…
Inflation is causing some older Americans to delay retirement plans, survey shows
Getty Images As inflation rises, many Americans are shifting life milestones, including retirement. Some 13% of Gen Xers and baby boomers say they have postponed or considered delaying plans to leave the workforce due to soaring costs. That’s according to a survey from the Nationwide Retirement Institute, showing a cross-generational wave of Americans canceling or…
96% of travelers want their vacation dollars to positively impact the place they visit, survey finds
Forty-eight percent of respondents told Kind Traveler their greatest challenge in traveling sustainably is finding accommodations that are both “sustainable and socially conscious.” Klaus Vedfelt | Digitalvision | Getty Images Everyone likes a bargain when it comes to booking travel, but many also want the money they spend to do some good where they’re headed,…
Everything Non-Residents Need to Know About Filing US Taxes
As an immigrant or non-resident of the United States, it’s normal to have many questions about filing your taxes. Why should you file? What forms do you need? How could this affect me? The list goes on and on. Americans love to complain about filing their taxes — often with good reason. But the process…
Retail sales come up short in February as inflation puts dent in consumer spending
Consumers continued to spend in February through at a slower pace than expected, according to a Commerce Department report Wednesday. Advance retail sales grew 0.3% for the month, slightly below the 0.4% Dow Jones estimate. Stripping out autos, sales were up 0.2%, well below expectations for a 0.9% increase and indicative that after a rapid…
Chinese stocks trading in the U.S. rocket higher after China signals support for the shares
A pedestrian walks past the Alibaba headquarters building in Beijing. Sheldon Cooper/SOPA Images | LightRocket | Getty Images Shares of Chinese companies listed publicly in the U.S. surged Wednesday as China on Wednesday signaled support for the stocks. Regulators from both countries are progressing toward a cooperation plan on U.S.-listed Chinese stocks, according to Chinese…
Two years ago stocks dropped 12% in a single day. Here are lessons investors learned that can still apply
A woman wearing a protective mask walks past the New York Stock Exchange on March 12, 2020 in New York City. Pablo Monsalve | VIEWpress | Corbis via Getty Images Two years ago, on March 16, 2020, stock markets suffered a one-day 12% drop. From Feb. 19 to March 23 of that year, when the…
Cramer says the stock market is unusually fragile, use rallies to raise cash
Jim Cramer advised investors on Tuesday to use rallies as an opportunity to sell and better handle volatility in the currently tumultuous market. “When things look really horrible and we’ve been down for days and days and days, you don’t need to despair, you just need to be more clever. Raise some cash on the…