Iran war has cost the US $38bn: How will it impact US economy, politics?
The United States war on Iran has cost the country $38bn so far, the Congressional Budget Office (CBO) said this week, adding that an estimated $3bn will be added every month if the conflict continues, placing strain on the country’s finances and economy.
The report, which was released on Tuesday, revealed that the protracted war is straining US munitions stockpiles and fuelling inflation as the Strait of Hormuz,
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Read MoreIs Transocean (RIG) Stock Outpacing Its Oils-Energy Peers This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Transocean (RIG) one of those stocks right now? By taking a look at the stock’s year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.
Transocean is one of 250 individual stocks in the Oils-Energy sector.
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Read More3 Tech Stocks Grew Their Dividends Up to 212% in 5 Years Without Breaking a Sweat
A small dividend today can become a much bigger paycheck tomorrow.
For income investors, that is where dividend growth starts to matter. In technology, companies that can steadily raise payouts while still keeping enough earnings to fund their businesses can offer an interesting balance of income and growth.
Bitcoin ETFs See $450 Million In Outflows After Clarity Act Vote
Investors were quick to pull money out of spot Bitcoin (CRYPTO: $BTC) exchange-traded funds (ETFs) after the Clarity Act failed to advance in the U.S. Senate.
Market data shows that a dozen Bitcoin ETFs in the U.S. saw outflows of $450 million U.S. on Sept. 15, the biggest one-day redemption since June 25th of this year.
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Read MoreTrump demands 1% rates because the US has the ‘Best Credit in the World’ — the Fed hiked rates anyway. So who’s right?
When the Federal Reserve recently raised interest rates by a quarter point to a range of 3.75% to 4.00%, many wondered what President Trump’s response would be.
After all, Trump has been calling on the Fed to cut borrowing costs for more than a year, even before his pick to lead the Federal Open Market Committee (FOMC),
Read MoreThe Burst
Market Commentary: 1 Warren Buffett Stock to Go Nuts Over
When it comes to rewarding shareholders, Warren Buffett is a maestro. His behemoth of an investment firm, Berkshire Hathaway, manages over $380 billion in investments, mostly in companies with burgeoning dividends.
Read MoreThe Ivy
What The Heck Does Buffett Know?
Buffett seems to know something about where energy prices are going, but what is it? Why is he taking such a large stake in Occidental Petroleum when the share price has been drastically underperforming the broader-based market?
Up just 9.4% in the past 12 months and 4.3% so far this year, OXY is a laggard relative to the S&P 500,
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