Economy
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This space stock is taking off ?
Here are our top investing ideas today – these setups look primed! Be the best prepared trader on the Street! AKA – Up over 28% in pre-market after earnings beat LUNR – Up over 33% in pre after announcing $719 million award from NASA BBBY – 2nd day play, trades up over 25% in…
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UK Inflation Fell Less Than Expected to 10.1% in March as Food Prices Stayed Hot
By Ed Frankl The U.K.’s inflation rate dipped less than expected in March, holding above 10%, as food and household-energy prices remained high, indicating that the Bank of England may need to act further to curb stubbornly high costs. Consumer prices increased 10.1% in March compared with the same month a year earlier, down from…
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Lingering double-digit inflation sends U.K. bond yields higher
U.K. bond yields jumped Wednesday after data showing inflation lingering above 10%. The yield on the 2-year gilt TMBMKGB-02Y, 3.825% rose 13 basis points to 3.81% as the Office for National Statistics reported that inflation in March slowed to 10.1% year-over-year from 10.4%, and that core inflation stayed at 6.2%. Economists polled by Reuters expected…
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Pell grants are a drop in the bucket—how parents and students can minimize student loan debt
Many years ago, one federal grant could cover all tuition and fees for the most at-need college students. And though the rise in the cost of college has slowed considerably in the past decade, the Pell Grant’s impact has dwindled to a fraction of what it once was. My mother relied on the Pell Grant…
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The 2023 Lucid Air: It’s powerful and plush, with an unbeatable 516-mile range
The 2023 Lucid Air luxury electric car is spacious, plush, powerful, and capable of traveling for a remarkable 516 miles on a single charge. Pricing starts at $87,400. Captain Kirk’s U.S.S. Enterprise was pretty impressive, right? It had phasers, warp engines, and teleportation devices. Then came Jean-Luc Picard’s Enterprise, and suddenly Kirk’s ship looked like…
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Treasury yields hold mostly steady as traders continue to price in May rate hike
Treasury yields were mostly little changed Tuesday morning as traders expressed increasing certainty of another rate increase by the Federal Reserve in May. What’s happening The yield on the 2-year Treasury note TMUBMUSD02Y, 4.232% advanced to 4.207% from 4.186% on Monday. Yields move in the opposite direction to prices. The yield on the 10-year Treasury…
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Do state and local pension plans really need to be fully funded?
The Center for Retirement Research’s most recentundefined makes a strong case for shifting the focus of fiscal sustainability for state and local pension plans from full funding to stabilizing their pension debt as a share of the economy. While full funding is tidy in the sense that, if the pension were to shut down, assets…
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If King Dollar is wobbling, this asset is your best investment, says Citi
Fresh data showed China’s economy knocked it out of the park early this year, as its strict pandemic lockdown ended. That may be giving a lift to U.S. stock futures for Tuesday, possibly bringing the S&P 500 one step closer to those February highs. But investors may not want to get too far ahead of…
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The government may fix an EV mileage loophole that could be encouraging less-efficient gas engines
The U.S. Department of Transportation is expected to propose new fuel economy standards in April that would require automakers to build more fuel-efficient cars, trucks, and SUVs. But first, the government wants to change a rule that, some say, has done the opposite. Current Corporate Average Fuel Economy (CAFE) standards require that each automaker’s lineup…
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Is it time to become a financial doomsday prepper? Here’s how to cope with looming calamities.
This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Catastrophes are often called “black swan events.” We hear a lot of…