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Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter?
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage,
» Read more about: Is It Worth Investing in Palo Alto (PANW) Based on Wall Street's Bullish Views? »
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Elizabeth Warren Backs 10% Cap on Credit Cards
The incoming top Democrat on the Senate Banking Committee threw her support behind a 10% cap on credit card interest rates. Sen. Elizabeth Warren (D-Mass.) told reporters she saw an opportunity to work with President-elect Donald Trump to cap card rates.
The House of Representatives has passed legislation that could see Social Security benefits change for millions of recipients—but it is still awaiting Senate approval.
The Social Security Fairness Act was passed with considerable bipartisan support by the House on November 12, and will now head to the Senate.
» Read more about: How Social Security Bill Could Change 2025 Benefits »
Social Security recipients will receive a 2.5% increase in their monthly checks in 2025. Analysts had predicted a 2.5% bump for 2025, which is smaller than increases in the previous two years and reflects moderating inflation. Recipients received a 3.2% increase in their benefits in 2024,
US stocks rose on Friday as investors surveyed President-elect Donald Trump’s efforts to build his team and bitcoin’s (BTC-USD) bid to reach a key milestone.
The S&P 500 (^GSPC) advanced 0.3%, while the Dow Jones Industrial Average (^DJI) gained 250 points or 0.6%.
» Read more about: Stock market today: Dow, S&P 500, Nasdaq rise with weekly wins in play »
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth.
» Read more about: Tesla's Valuation Creates A Wait And See Scenario (Rating Downgrade) »
Gap Stock Price Levels to Watch After Post-Earnings Pop
4 minutes ago
Gap (GAP) shares soared in premarket trading Friday after the apparel retailer reported stronger-than-expected third-quarter results and raised its sales outlook.
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