Two of the three major stock indices closed at all-time highs Tuesday amidst speculation that the Federal Reserve may reduce interest rates in September.
The S&P 500 climbed 72.31 points, or 1.13%, to a record 6,445.76. The Nasdaq Composite finished at a peak 21,681.90, up 296.50 points, or 1.39%. The Dow Jones Industrial Average gained 483.52 points,
Aug. 14 is the 90th anniversary of the Social Security Act, which ushered in an era of retirement security for older Americans. The program is facing a fiscal cliff, however, in a few years, it will no longer be able to pay full benefits unless policymakers make changes. The looming shortfall comes amid signs that more older people are relying on Social Security to make ends meet.
» Read more about: As Social Security turns 90, a new survey shows that 65% of retirees rely on it »
CHONGQING, CHINA – JULY 31: In this photo illustration, a person holds a smartphone displaying the logo of Airbnb Inc. (NASDAQ: ABNB), a global online marketplace for lodging and vacation rentals, in front of a screen showing the company’s logo on July 31, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)
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Airbnb (NASDAQ: ABNB) has decreased by approximately 11% over the past month—despite having an impressive Q2.
The company’s paid-up share capital has increased from ₹2,44,42,75,800 to ₹2,44,48,30,400 following the aforesaid allotment.
Price as on 11.46.00 AM,
Stocks climbed again Wednesday as cooling inflation boosted investor hopes for a Federal Reserve rate cut next month. Futures rose across all major indexes after Tuesday’s record-breaking rally, keeping bullish momentum alive.
By early morning, U.S. stock futures pointed higher:
These gains followed a strong Tuesday session:
Investors responded positively to a cooler-than-expected consumer price index (CPI) report,
» Read more about: Stock market climbs on inflation relief as investors bet big on Fed rate cut »
The data analytics stock is up over 140% this year.
Unstoppable — that’s the one word I would use to describe Palantir Technologies (PLTR 2.30%) stock. There seems to be no way to stop its ascent. Even though its valuation may be telling you the stock is wildly overpriced,
» Read more about: Palantir Technologies Stock: Will It Hit a $500 Billion Valuation This Year? »
Your retirement account might be getting a major upgrade. Here’s what crypto investors need to know about the new executive order that could change everything for 90 million 401(k) plans.
The Trump administration just issued an executive order that could change how you invest for retirement. If the order clears the usual regulatory hurdles and takes effect,
» Read more about: 6 Things Investors Need to Know Before They Add Cryptocurrency to Their 401(k) »
This big pharma company’s juicy dividend is looking even more attractive.
Many income investors probably have mixed emotions about stocks with ultra-high dividend yields. On one hand, they love the tremendous income these stocks provide. On the other hand, they might worry more often than not about a potential dividend cut.
Pfizer (PFE 0.22%) is a case in point,
» Read more about: 3 Reasons Pfizer's 7%-Yielding Dividend Is Getting Safer »
Mutual Funds bought stocks worth Rs 45,400 crore in July, while their total cash and equivalents rose to Rs 1.85 lakh crore (5.46%) from Rs 1.82 lakh crore (5.34%) in June, according to Nuvama Institutional Equities.
The key additions across the mutual fund industry were State Bank of India (Rs 10,200 crore),
» Read more about: ITC, MCX among top stocks bought and sold by mutual funds in July »
