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Boring investing is making a comeback.With the meme-stock rally in the review mirror and interest rates surging, individual investors are rediscovering the philosophy made famous by Vanguard’s founder, Jack Bogle. The father of market indexes preached low-cost, passive investments that compound over years. Fans call themselves “Bogleheads,” and the strategy…
The DNP Select Income Fund (NYSE:DNP) is a closed-end fund, or CEF, that can be employed by those investors who are seeking to earn a high level of income. The fund’s current 8.57% current yield stands as a testament to this simple fact. This is certainly a much higher yield…
While celebrating the July Fourth holiday last year on a boat in Tyler, Texas, Dr. Julianne Santarosa received the results from her full-body MRI scan. What she saw put a damper on the festivities.Radiologists at Prenuvo, which performed the scan, had identified a nodule in her lungs. Santarosa, who works…
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. equities climbed higher Friday, with the S & P 500 up 0.47% and the Nasdaq Composite up 0.74%. Both indices are on track…
In this article, we discuss the latest quarterly results from the Business Development Company Ares Capital (NASDAQ:ARCC). The company delivered a very strong 4.9% total NAV return over the quarter as well as a rise in core earnings. ARCC trades at a 10.1% dividend yield and has a core earnings…
The U.S. financial services division of Chinese bank ICBC was hit with a cyberattack that reportedly disrupted the trading of Treasurys.Industrial and Commercial Bank of China, the world’s largest lender by assets, said Thursday that its financial services arm, called ICBC Financial Services, experienced a ransomware attack “that resulted in…
Check out the companies making headlines before the bell. Wynn Resorts — The casino juggernaut slipped more than 5% after reporting a beat on the top and bottom line in the third-quarter. Wynn notched an adjusted 99 cents per share on $1.67 billion in revenue, while analysts polled by LSEG…
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BEIJING — U.S. chipmaking giant Nvidia has reportedly found a way to sell high-end chips to Chinese companies — while remaining compliant with U.S. rules aimed at curbing China’s access to the tech.China accounts for 20% to 25% of Nvidia’s revenue in its data center business, its biggest unit.Nvidia is…
The U.K. economy flatlined in the third quarter, initial figures showed Friday.Gross domestic product showed no quarterly growth in the the three months to the end of September, following an increase of 0.2% the previous quarter. In annual terms, Britain’s third-quarter GDP was 0.6% higher than in the same period…