Berkshire Hathaway’s operating earnings jump 20%, conglomerate buys back another $1 billion in stock

In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway on Saturday posted a solid gain in operating profits during the third quarter despite rising recession fears, while Warren Buffett kept buying back his stock at a modest pace. The Omaha-based conglomerate’s…

Top Wall Street analysts pick these stocks to bet on during the market’s uncertainty

In this article AMD CRUS KAR HURN CHGG Follow your favorite stocksCREATE FREE ACCOUNT Lisa Su, CEO, AMD Scott Mlyn | CNBC It was a wild week for stocks, and investors still have plenty of data to weigh as they gauge which companies can emerge from the downturn as winners. The Federal Reserve raised interest…

Free returns may soon be a thing of the past as retailers roll out stricter policies

Gift buying and gift returning typically go hand in hand. On average, retailers expect about 18%, or $158 billion, of merchandise sold during the holiday shopping season to be returned, according to the National Retail Federation’s most recent data. For 2021 overall, the return rate was about 16.6% of total U.S. retail sales, or $761…

6 health insurance terms you need to know as open enrollment begins

Halfpoint Images | Moment | Getty Images It’s open enrollment season, the time each year when millions of American workers and retirees must choose a health plan, whether new or existing. But picking health insurance can be a dizzying venture. Health plans have many moving parts — which may not come into focus at first…

DraftKings shares tumble after monthly users fall short of estimates

In this article DKNG Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | LightRocket | Getty Images Shares of DraftKings closed down 28% on Friday after the sports betting company reported slower monthly customer growth in the third quarter that fell short of estimates. The company raised its revenue guidance for the year, however, after…

Stability in a volatile market? Inside an S&P 500 ETF delivering double-digit percentage dividends

In this article JPM .SPX Follow your favorite stocksCREATE FREE ACCOUNT Investors may want to consider JPMorgan’s Equity Premium Income Fund ETF in order to get more reliable gains in the current volatile market environment. According to the firm, the ETF uses S&P 500 options and proprietary data to generate monthly income for investors. The…

Carl Icahn snaps up shares of canning giant Crown. Here’s how he may build value

In this article CCK Follow your favorite stocksCREATE FREE ACCOUNT Fotog | Tetra Images | Getty Images Company: Crown Holdings (CCK) Business: Crown Holdings is a worldwide leader in the design, manufacture and sale of packaging products for consumer goods and industrial products. They operate in three segments: Beverage, which accounts for roughly 70% of…

5 key personal finance issues this midterm election season — and what they mean for your wallet

Getty Images As Americans head to the polls, several key personal finance issues are weighing on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point interest rate increase to fight inflation, triggering further stock market losses. Meanwhile, recession fears are growing, with 84% of Americans worrying how a…

Online Seller 1099-K FAQs and Scenarios Explained

You’ve heard about the new IRS reporting thresholds for Form 1099-K that went into effect this year, but you may have some follow-up questions about how it applies to you. Let’s look at some common concerns we see from online sellers and how to handle some unique situations, like selling inherited items. You only owe…