The Federal Reserve enters a pivotal meeting on Tuesday,
» Read more about: The Federal Reserve Meeting Starts Today—What You Need to Know »
Peter Thiel is doubling down on crypto in public markets.
His backing of Bullish, the Cayman Islands-based digitalasset platform led by former New York Stock Exchange President Tom Farley, helped the company complete a $1.15 billion IPO last month,
» Read more about: Bullish Surges As Crypto IPO Window Opens »
Dividend growth investing isn’t about maximizing current income, nor should it be confused with traditional growth investing. In fact, the Morningstar US Dividend Growth Index currently falls on the value side of the US stock market.
What is a dividend growth strategy? You might hear it pitched as a “quality”-focused investment approach,
» Read more about: The surprising truth about dividend growth stocks »
Investing can feel like a waiting game, with the biggest rewards often years or even decades away. But what if you could get a little instant gratification along the way?
Some companies offer fun perks to their investors, such as free chocolate, discounted products or spending money on your next cruise. These small bonuses can make the investing journey a bit more enjoyable.
» Read more about: Investing Freebies: Perks You Get for Owning These Stocks »
Webtoon Stock Jumps 30% on Disney Investment, Collaboration
6 minutes ago
Shares of Webtoon Entertainment (WBTN) soared 30% in premarket trading as the digital comic platform said that Walt Disney (DIS) would be taking a stake in the firm as they collaborate in creating a new outlet for Disney’s comic franchises.
When Jerome Powell was appointed as chairman of the United States’ central bank, the Federal Reserve, in 2018, the American press gave him a less-than-flattering nickname: “Mr. Ordinary.” Seven years later, Powell is now in the final stretch of his tenure at the helm of the central bank,
» Read more about: Jerome Powell, the US economy's compass »
Wealthy consumers continue to account for a growing share of US consumer spending, highlighting the lopsided strength of the economy as a slowdown in hiring and wariness among other income cohorts raise fears of a slowdown.
Consumers in the top 10% of the income distribution accounted for 49.2% of total spending in the second quarter,
» Read more about: Top 10% of Earners Drive a Growing Share of US Consumer Spending »
Analysts are the most bullish they’ve been on Ferrari NV in almost five years, with two more throwing their weight behind the Italian supercar maker on Tuesday.
While Mediobanca upgraded the stock to outperformBloomberg Terminal, Berenberg analysts including Michael Filatov initiated coverage with a buy recommendation,
» Read more about: Ferrari Analysts Are The Most Bullish They’ve Been in Five Years »
Turkish authorities detained 14 people early Tuesday in connection with an investigation into alleged stock manipulation, sending shares of three companies tumbling to their daily trading limits. Among those detained is former Wall Street trader Isik Okte, according to state-run Anadolu Agency.
Prosecutors allege the suspects, many of whom Anadolu Agency said were executives of listed Investco Holding,
» Read more about: Former Wall Street Trader Detained in Turkey Stock Investigation »
Alphabet Inc.’s Google said it will invest £5 billion ($6.8 billion) over two years in the UK to help build an artificial intelligence economy in the country.
The tech giant disclosed the plan just as US President Donald Trump is set to announce billions of dollars of economic deals during his visit to the longtime US ally this week.
» Read more about: Google to Invest £5 Billion to Boost AI Development in UK »