By Stephen Nakrosis Shares of lidar company Ouster were trading higher on Friday, a day after the company reported its third-quarter financial results and said revenue in the period exceeded its guidance. At 2:22 p.m. EST, the company’s stock was trading 23% higher at $5.08 per share. Volume at the…

By Paul Ziobro Kansas City Life Insurance expects to book a $9.1 million after-tax gain following the sale of certain real-estate assets. The sale of the assets, located in the Tulsa, Okla., metropolitan area, was completed Nov. 8, the company said Friday. The… Read the full article here

With much of the U.S. stock market in a correction there are plenty of attractive stocks to consider. This is especially true in income investing.The shares of some yield-oriented closed end funds (CEFs) have fallen so much, several of them now offer 10% payouts or more. If you invest for…

Key News Asian equities were mixed overnight, with Japan, Mainland China, and Hong Kong off while Taiwan, Korea, and India managed small gains. The Biden-Xi four-hour meeting met low expectations though strong progress was made on curbing fentanyl ingredient exports, furthering communication between the two militaries, and agreeing to talks…

Hello! For this week’s ETF Wrap, I spoke to Michael Arone, chief investment strategist for the U.S. SPDR business at State Street Global Advisors, for his view of markets and where ETF investors may look for opportunities at this stage of the Federal Reserve’s interest rate-hiking cycle.Please send feedback and…

Thanksgiving is a time of reflection and gratitude. In my family, we start off by going around the table and saying things that each of us are grateful for, such as our health, our family, our successes for the year, and our friendships. This is a discussion of three financial…

After long disputing the climate impact of the fossil fuels it refined, Koch Industries took a flier on zero-emissions a few years ago. A new unit called Koch Strategic Platforms, or KSP, quickly bet over $1 billion on start-ups targeting lithium, batteries, and lithium-battery systems.It was 2021, and the market…

The Federal Reserve’s next interest rate decision comes on December 13, and rates are likely to remain unchanged at 5.25% to 5.5%. That’s because with October’s Consumer Price Index inflation report, inflation continues to move lower and rates are already at restrictive levels. Therefore, the Fed is perhaps inclined to…

Hublot and Takashi Murakami unveiled a completely translucent watch that will retail in the six figures on Friday, the latest of the brand’scollector-driven special editions produced in partnership with the famous Japanese contemporary artist, best known for his iconic smiling flower motif. Made of sapphire crystal, the MP-15 Takashi Murakami…

Politicians have just days to avert a government shutdown, with the deadline coming at midnight on Friday November 17. If not, then the U.S. will see a range of economic impacts, including delayed pay for federal employees, that will increase in severity with the duration of any shutdown. That said,…