Nuclear stocks are suddenly surging. Is this one a winner?
Move over, AI stocks. Nuclear stocks are becoming the next big thing.
Investors have caught on to tech powerhouses like Nvidia that are capitalizing on demand for artificial intelligence (AI) chip components, but the data centers running AI applications like ChatGPT require tremendous amounts of power,
Nvidia stock has been in stellar form on the market over the past couple of years thanks to the proliferation of artificial intelligence (AI),
Treasury yields fall for the first time this week, but remain higher than last Friday’s settlement.
There were no data surprises to support this week’s run, which seemed to reflect expectations that the Fed won’t be able to cut interest rates at a faster pace.
Weekly jobless claims and new home sales data today underpinned the notion that the U.S.
Tech stocks outperformed on Thursday, driven by Tesla Inc. TSLA, which skyrocketed 18% in midday trading following stronger-than-expected quarterly financial results.
The electric vehicle giant is on track for its best session since March 2021.
Despite Tesla’s spectacular rally, broader market sentiment remained cautious,
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If you’re looking to borrow a five-figure sum of money, there are a series of factors to consider before getting started. From the specific product to the interest rate attached to that product to the intended use,
This week, the average rate on a 30-year mortgage hit the highest level in nearly three months.
The average rate climbed to 6.54 percent this week, according to mortgage buyer Freddie Mac.
The housing market has been in a sales slump since 2022 when mortgage rates started to rise from the lows experienced during the COVID-19 pandemic.
» Read more about: Average Rate on a 30-Year Mortgage Hits Highest Level in Nearly 3 Months »
The average yield on a 1-year CD dropped below 1% in November 2009 and didn’t hit that level again for roughly 13 years, until December 2022. It wasn’t until the following month that rates on 1-year, 2-year, 3-year, 4-year, and 5-year CDs all exceeded 1%.
On average, long-term CDs aren’t returning a rate above 2% yet,
» Read more about: Historical CD Rates: Average Rates Over Time »
The creditors of a man who filed for bankruptcy protection can’t access his $1.7 million in retirement funds by arguing that he mishandled the accounts in ways that flouted federal law, the Third Circuit said Thursday.
Even if the accounts failed to comply with the requirements of the Employee Retirement Income Security Act,
» Read more about: Creditors Blocked From Accessing Bankrupt Man's Retirement Funds »
Significant changes to retirement savings rules are set to take effect in 2025, primarily affecting higher-income workers. These updates, part of the Secure Act 2.0 passed in 2022, aim to enhance retirement savings opportunities and make it easier for “max savers.” With these changes taking effect next year, here’s what hopeful retirees need to understand now.
» Read more about: Big Changes to Retirement Savings Are Coming in 2025 »
Over 180 countries provide some form of social security for retired workers but few pay enough to serve as a total replacement for earned income. Further, governments worldwide struggle with similar challenges in designing and updating their programs. These issues include inflation, rising life expectancy, and declining birth rates.
The resulting shortfall has spurred many governments to increase the age at which citizens can receive money from social security plans in an effort to minimize the number of people in the system.
» Read more about: Did You Know Retirement Plans Differ by Country? Learn About Yours »