Author: Arabian Media staff
Shares of Trump Media & Technology Group rallied to a six-week high Tuesday — with bitcoin approaching another record high and investors increasingly treating the social-media company as a cryptocurrency play. Source link
Key Takeaways If you’ve worked hard to save $30,000 or more, it’s time to make that money work for you. A high-yield savings account can pay 13x more than a traditional savings account, which often pays nearly 0% interest. By switching to an account that pays 4.50% APY (or better), you could earn hundreds of dollars more every year, helping to grow your savings faster. Consider high-yield savings accounts, high-yield checking accounts, and even money market accounts, which all pay high rates from 4.00% to 6.00%. For many, saving $30,000 can take years to achieve. In fact, the median bank…
Boeing Co. (BA) is one of the world’s leading aerospace companies. It develops and manufactures commercial jets, military aircraft, weapons systems, and strategic defense and intelligence systems. Boeing provides services and support to customers globally and it provides financing for orders and deliveries. The top shareholders of Boeing are David L. Calhoun, Stanley A. Deal, Theodore Colbert III, Vanguard Group, BlackRock (BLK), and Capital Research Global Investors. The U.S. Federal Aviation Agency (FAA) began recertification testing on Boeing Max 737 aircraft at the end of June 2020. The aircraft has been grounded since early 2019 following two fatal crashes in…
Kohl’s stock more than doubled at its intraday peak Tuesday, then pulled back, a day after Opendoor shares did the same. Source link
For many millennials, retirement isn’t the scariest financial challenge—it’s what might happen before they get there. From volatile markets to housing unaffordability and shaky faith in Social Security, many younger Americans fear a major financial crisis could derail their plans entirely. In fact, according to Allianz, 62% of Americans say they are worried another economic crisis could derail their retirement strategy, and among age cohorts, millennials are the least likely to say they’re saving enough for retirement. This economic anxiety is a generational sentiment shaped by decades of instability, but your retirement plan can help ensure you weather a potential…
Crypto knowledge is a big barrier for most Americans. Source link
Shares of Philip Morris, parent of Marlboro cigarettes and Zyn nicotine pouches, dropped after a rare revenue miss, as a growing illicit market for cigarettes has hurt business in Indonesia and Europe. Source link
U.S. stocks are expensive relative to bonds, bolstering the attractiveness of fixed-income assets in diversified portfolios, according to Wells Fargo Investment Institute. Source link
The Beveridge curve is a tool used by economists to chart the health of the labor market. It compares the job vacancy rate with the unemployment rate. Typically, the line slopes downwards from left to right. The high end of the curve on the left indicates the combination of a low unemployment rate and a relatively high job vacancy rate. The low end of the curve on the right indicates a high unemployment rate and relatively low job vacancy rate. Read on to learn whether the Beveridge Curve can warn of a coming surge in unemployment. Key Takeaways The Beveridge…
Homebuilder stocks rallied on Tuesday afternoon as earnings season kicked into high gear. Source link