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My top 10 things to watch on Tuesday, July 30 1. Wall Street was mixed Tuesday, heading into the continued onslaught of tech earnings. Microsoft and Advanced Micro Devices are out after the bell. Artificial intelligence spending will be in focus as investors debate whether it is all worth it.…
While inflation in the US has been cooling since hitting a four-decade high, the temperature outside continues to climb. It’s been one of the hottest summers on record for much of the country and the planet, which last week experienced the hottest day in recorded history. But US consumers aren’t…
The decision by U.S. President Joe Biden to drop out the 2024 presidential race has put this year’s election campaign into uncharted territory. Michael Craig, Managing Director and Head of Asset Allocation and Derivatives Team at TD Asset Management, looks at the changing political landscape and the implications for markets.…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP announced it will drill a new oilfield in the Gulf of Mexico as the energy major’s second-quarter profits surpassed forecasts.The London-listed company said on Tuesday that it would build a sixth…
The Supreme Court’s toughest cases during Chief Justice John Roberts’ tenure have often generated internal suspense, with shifting votes, last-minute switches and the chief’s own push toward compromises that would lessen the appearance of politics. Not so this spring, when the six Republican-appointed conservatives established a far-reaching immunity from prosecution…
When considering retirement, many pre-retirees and recent retirees focus on the vacation part, making plans to travel and pursue interests and hobbies. You might also be looking forward to the initial honeymoon phase of retirement, when you don’t have to wake to an alarm clock, quickly wolf down breakfast, and…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…
DETROIT – The last time shares of Ford Motor dropped by more than 18% in a day, as they did last week, the U.S. automotive industry was on the brink of bankruptcy during the Great Recession.Ford, which avoided bankruptcy in 2008-2009, is far from any sort of such disaster, but…
We’re making four trades Monday morning. Shortly after the opening bell, we will be selling 100 shares of Danaher at roughly $274.13. Following the trade, Jim Cramer’s Charitable Trust will own 475 shares of Danaher, decreasing its weighting in the portfolio to 4% from 4.84%. In addition, we will be selling…
Inflation has caught up with McDonald’s, and budget-conscious Americans are looking elsewhere for their fast-food fix. But McDonald’s believes it has a solution: Value meals. McDonald’s on Monday reported that sales at US stores open at least a year fell 0.7% last quarter from the same period a year earlier,…