Business
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‘Retirement is so traditional,’ try periodic retirement to figure out what’s next
During the recovery from the pandemic several workplace catchphrases generated buzz, including quiet quitting, great resignation, and hybrid work. Expressions like these in the aggregate reflect a much larger conversation rethinking work, purpose, and the good life in the postpandemic economy. I’d like to throw another term into the mix that I hope will gather…
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Don’t become a landlord — own these REITs instead
Who would be a landlord? The costs are high, the risks are huge, and the so-called passive income is uncertain. I did it once, and the paperwork alone was enough to drive me nuts. Even before considering the various hassles of finding good tenants; managing the property; and dealing with leaks, disputes, broken washing machines…
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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 stock index.) Technology stocks have…
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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 purchases. “As you look…
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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 it is time to get…
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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 $1 a share, for the…
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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. The poster child of such…
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A global recession is coming, Nouriel Roubini says. Stock and bond investors should get ready.
There are currently four scenarios for the global economic outlook. Three of these entail potentially serious risks with far-reaching implications for markets. The most positive is a “soft landing,” where central banks in the advanced economies manage to bring inflation back down to their 2% targets without triggering a recession. There is also the possibility…
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Do religious employees have to work on Sundays? Supreme Court weighs in.
Do devout Christians have to work on Sundays? Will businesses have to make greater accommodations for devout Jewish or Muslim workers? The Supreme Court’s decision on Thursday stands to, for the first time in a haf-century, dramatically reshape federal rules that govern how employers must treat religious employees. In Groff v. DeJoy could come on…
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Dow finishes 270 points higher as cyclical stocks lead, Nasdaq drags as Treasury yields rise
U.S. stocks finished higher on Thursday with cyclical sectors like financials, materials and industrials seeing the strongest gains, while higher Treasury yields dragged on the tech-heavy Nasdaq. What happened Dow Jones Industrial Average DJIA gained 269.76 points, or 0.8%, to close at 34,122.42. S&P 500 SPX gained 19.58 points, or 0.5%, to 4,396.44. Nasdaq Composite…