Final August Social Security payments go out Wednesday. Here's who's getting paid
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Dow Jones Top Energy Headlines at 11 AM ET: Oil Retreats Awaiting Details of U.S. Measures Against Iran | U.S. …
Oil Retreats Awaiting Details of U.S. Measures Against Iran
Oil prices fell, following six straight session of gains, as investors awaited details of U.S. measures against Iran.
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U.S. Says Oil Is Pouring Through Hormuz. Trackers Can’t Find It.
Firms that count ships, oil output and imports aren’t able to verify U.S.
Read MoreQuote of the day: Warren Buffett’s investing wisdom: “What the wise do in the beginning, fools do in the end”
Warren Buffett’s quote is a lesson about timing and patience. The American investor and former CEO of Berkshire Hathaway is known not only for his investing success but also for turning complicated market lessons into simple advice.
US-Canada tariffs could stoke inflation ahead of midterms
The US-Canada trade war could stoke inflation, piling pressure on the Trump administration ahead of November’s key midterm elections. Canada vowed to match 50% US tariffs after talks broke down over the weekend. Though the US levies only apply to a subset of Canadian goods, the move could add to price rises sparked by the war in Iran.
» Read more about: US-Canada tariffs could stoke inflation ahead of midterms »
Read MoreAI may turn 30-year mortgages into ‘floating-rate’ home loans as refinancing gets faster
AI-powered underwriting could sharply accelerate mortgage refinancing when interest rates fall, helping borrowers cut costs while potentially shortening the income stream for investors in mortgage-backed securities.
Homes in a neighborhood in San Francisco.
Photographer: Justin Sullivan/Getty Images
The Burst
1 Organ Transplant Disruptor to Buy on the Dip
TransMedics (NASDAQ:TMDX) is an innovative biotechnology company that may well have the potential to disrupt the $11 billion organ transplant industry.
The company’s unique organ care system technology protects and monitors donor organs before they are transplanted into patients, resulting in improved organ health and outcomes. TransMedics also provides logistical services,
» Read more about: 1 Organ Transplant Disruptor to Buy on the Dip »
Read MoreThe Ivy
The Danger Is Still High, Here’s Why
After a face-ripping rally Wednesday, markets took a breather yesterday. Futures were pointing lower, which, frankly, wasn’t all that surprising given how sharply things ripped higher.
But while some have pointed to a bottom, the reality is the danger is still high. Look no further than how the rally failed at the downtrending resistance line.
» Read more about: The Danger Is Still High, Here’s Why »
Read MoreThe Spotlight
Spotlight: 1 High-paying Dividend Stock Is Way Undervalued
Wall Street analysts seem pretty gung-ho about Realty Income, pegging an average price target at $68 per share, a significant pop from where the stock sits now. That’s in addition to a dividend yield north of 6%.
Is Wall Street right or is the recent selloff indicative of what’s to come for Realty Income?
» Read more about: Spotlight: 1 High-paying Dividend Stock Is Way Undervalued »