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These are the best-performing stocks in the 2023 bull market — and the worst
(Updated with June 30 closing prices.) The S&P 500 has risen 15.9% this year to 4,450.38, but we’re actually in a bull market, with a 24% gain from the 2022 closing low of 3,577.03 on Oct. 12. (One definition of a bull market is a 20% price increase for a…
A breakfast-cereal giant’s grumbles about prices could be music to the Fed’s ears
General Mills the megamanufacturer behind your morning Cheerios, reported a drop in earnings that might make it question whether continuing to raise prices is worth it. General Mills GIS, +0.52% CEO Jeff Harmening acknowledged during the company’s fourth-fiscal-quarter earnings call this week that consumers responded to higher prices by making fewer…
Biden’s student loan ‘on-ramp’ explained: Missed payments won’t hurt credit, but interest keeps adding up
President Joe Biden said he was “discouraged” and “angry” about the Supreme Court’s decision to block his student loan forgiveness plan on Friday — but there could still be some relief in sight for the roughly 40 million borrowers who would have benefited from seeing $10,000 to $20,000 of their…
Here’s what happens next for your loans now that the Supreme Court blocked student-loan cancellation and advocates push Biden to use other tools to cancel student debt
Hi, MarketWatchers. Don’t miss these top stories.Supreme Court ruling on student debt will ‘devastate’ millions of borrowers. No, it would have ‘punished’ poor Americans. Who’s right? Biden estimated that student-loan forgiveness would have helped more than 40 million borrowers. Republicans disagree. What if you can’t pay back your student loans…
FSV Stock Price | FirstService Corp. Stock Quote (U.S.: Nasdaq)
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Did the market just miss a big opportunity??
Hey gang, it’s Jeff Bishop again. If you recall, I brought up Genprex (Nasdaq: GPNX) as a “? Bright Idea” to you several weeks ago. The stock made a very nice move up at that time, and then quietly faded over the last few weeks. Right now, I think…
This economist says he can’t rule out a Fed interest-rate cut by year-end. Here’s why.
Wharton professor Jeremy Siegel said on Friday that he is not ruling out an interest- rate cut by the Federal Reserve by the end of the year, despite market expectations. Traders in federal funds futures are pricing in a scant 1% chance that the central bank will lower its key…
JPMorgan, Goldman, Citi and Morgan Stanley boost dividends after Fed stress tests
Major U.S. banks including Morgan Stanley and JPMorgan Chase & Co. announced dividend increases late Friday, in the wake of the results of the Federal Reserve’s latest bank stress tests earlier this week. JPMorgan JPM, +1.40% said it plans to raise the bank’s dividend to $1.05 a share, up from…
Nvidia has investors wondering: How long can a stock grow faster than the market?
Few companies grow at above-average rates for more than a year or two. Or, as the late British economist and philosopher John Maynard Keynes famously put it, trees don’t grow to the sky. This is especially important to remember now, with exuberant investors giving huge valuations to certain tech stocks.…