'Frankly, I'm terrified': I'm 63 with $2.2 million saved for retirement. How should I invest an $80,000 inheritance?
Use this $80,000 to invest in your peace of mind - pay some to reduce your mortgage payments, assuming your payments are small enough to make a significant dent, put $10,000 in an emergency fund for ...
Investors should brace for another 7% to 8% drop in the S&P 500, says Morgan Stanley
Barring the White House backing down on its tariff plans or signs of easing from the Federal Reserve, investors should brace for the S&P 500 to slide another 7% to 8%.
Powell quietly made a hawkish pivot, says leading Fed watcher
Federal Reserve Chair Jerome Powell made a hawkish pivot on Friday that few have picked up on, according to one close watcher of the central bank. Tim Duy, the chief U.S. economist for SGH Macro ...
'I've made the most money over the last 30 years buying solid companies in terrible markets': Should I start buying?
Not since the pandemic in 2020 have individuals felt there was such an opportunity to buy the dip. The backdrop is stark: U.S. stocks experienced their most dramatic two-day wipeout in history. In ...
The tariffs that led to the biggest stock-market drop since COVID may have been the result of an error
"The idea is that as tariffs rise, the change in the trade deficit will depend on the responsiveness of import demand to tariffs, which depends on how import demand responds to import prices and how ...
China Considers Accelerating Stimulus Efforts to Offset Trump Tariffs, Bloomberg Reports, Citing Sources
---Chinese officials currently conclude that the country has built up a sufficient reserve of tools to support the economy and weather the turmoil, the people told Bloomberg, adding that the scale and ...
Banco BPM Reaches Nearly 90% Stake in Anima Holding at End of Offer Period
Banco BPM said it reached a stake of just below 90% in Italian asset manager Anima Holding at the end of its offer period, clearing the minimum threshold it had set for the bid to become effective.
Shares of Chinese Tech Giants Plunge on Escalating Trade War
Lenovo Group, the world's largest PC maker, had 33% of its revenue from the Americas over the period April to December of 2024. Gimme Credit analyst Saurav Sen reckoned that Lenovo could see a 20% ...
EMEA Morning Briefing: Tariff Turmoil Deepens
Bill Ackman, one of President Donald Trump's staunchest defenders among major hedge-fund managers, published a post on X on Sunday urging a "90-day timeout" on some of the tariffs announced by the ...
LG Electronics Expects Lower Quarterly Operating Profit — Update
The mixed preliminary quarterly results came as LG Electronics, in response to an expected global economic slowdown, continued to push for new business growth initiatives such as home-appliance ...
Stock futures plunge as ugly stretch for Wall Street looks set to worsen
The prolonged uncertainty around the tariffs and an escalating global trade war has boosted asset volatility, damaged investor confidence and raised the probability that a deterioration in so-called ...
What's 'The White Lotus' effect on brands like Four Seasons Hotels, Lululemon and even Duke? Season 3 winners and losers.
The show's biggest winner is arguably the luxury resort chain that each "White Lotus" season is set in, including Hawaii, Italy and now Thailand.