ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyDan Suzuki, Richard Bernstein advisor, joins ‘Fast Money’ to talk the market through the end of 2024 and why he’s optimistic.05:368 minutes ago Source link
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Aire Images | Moment | Getty ImagesMany Americans face a retirement savings shortfall. However, setting aside more money could get easier for some older workers in 2025.Enacted by Congress in 2022, the Secure Act 2.0 ushered in several retirement system improvements, including updates to 401(k) plans, required withdrawals, 529 college savings plans and more.While some Secure 2.0 changes have already happened, another key change for “max savers,” will begin in 2025, according to Dave Stinnett, Vanguard’s head of strategic retirement consulting.More from Personal Finance:Here’s why the U.S. retirement system isn’t among the world’s bestBuying a home? Here are key steps…
It’s the midpoint of the college football season and usually, the coaching carousel is spinning much faster. It’s spinning slower this year for a few reasons. First, the past two seasons had much more turnover than initially expected; second, this is the first year of the 12-team College Football Playoff, which is extending the potential waiting time on some search options.Things could get active at the Group of 5 level soon, though. Here’s our midseason assessment after talking to numerous industry sources about the FBS coaching landscape.AACMike Houston, East Carolina: 3-3 record this seasonBefore getting the ECU job, Houston went…
Check out the companies making headlines in extended trading: Discover Financial — Shares inched lower by 1%. The financial services company posted third-quarter results that surpassed expectations, with earnings of $3.69 per share on $4.45 billion of revenue. Analysts polled by LSEG were calling for earnings of $3.42 per share and revenue of $4.35 billion. CSX — The rail transportation company lost 4% after third-quarter results fell short of Wall Street’s forecasts. CSX reported earnings of 46 cents per share on revenue of $3.62 billion, while analysts polled by LSEG anticipated 48 cents per share in earnings and revenue of…
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom on May 24, 2024 in San Francisco, California. Justin Sullivan | Getty ImagesShares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million shares of its common stock.The announcement was made in conjunction with plans for Lucid’s majority stockholder and affiliate of Saudi Arabia’s Public Investment Fund, Ayar Third Investment Co., to purchase more than 374.7 million shares of common stock from Lucid in a “private placement concurrently with the public offering.”Following the transaction,…
Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022.Scott Mlyn | CNBCBillionaire investor Stanley Druckenmiller said on Wednesday that his decision to sell out of Nvidia this year was a “big mistake.””I’ve made so many mistakes in my investment career — one of them was I sold all my Nvidia probably somewhere between $800 and $950,” Druckenmiller said in an interview on Bloomberg. “I own none and I owned none the last 400 points.”Druckenmiller’s comments do not reflect Nvidia’s 10-for-1 stock split, which went into effect in June. The stock closed Wednesday at $135.72. On a split-adjusted basis, his…
NEW YORK — In the midst of the celebration, Gleyber Torres was catching hell. Aaron Judge had finally hit his first home run of this postseason, a towering blast that cleared the wall in center field. But as the ball sliced through the darkness of the night, Torres, leading off first base, did something peculiar. He tagged up.When the ball finally went out, Yankee Stadium erupted because it gave the New York Yankees four runs of breathing room in what became a 6-3 win over the Cleveland Guardians in Game 2 of the best-of-seven American League Championship Series on Tuesday.…
Jim Cramer broke down each holding Wednesday during the October Monthly Meeting. Source link
There’s a lot to like about private credit these days, according to Nuveen. The alternative assets have become increasingly popular among investors and Nuveen expects inflows and strong returns to continue. “The private credit run isn’t over yet,” Saira Malik, the asset manager’s chief investment officer and head of equities and fixed income, wrote in a recent report. “Investor interest remains high, demand is strong, deal volume continues to rise and we expect M & A activity to increase, which should act as a continued tailwind,” she added. “We also think some private credit transactions should be able to increase…
Americans often splurge on gifts during the holidays.This year, holiday spending between Nov. 1 and Dec. 31 is expected to increase to a record total of $979.5 billion to $989 billion, according to the National Retail Federation.Even as credit card debt tops $1.14 trillion, holiday shoppers expect to spend, on average, $1,778, up 8% compared to last year, Deloitte’s holiday retail survey found.Meanwhile, 28% of holiday shoppers still have not paid off the gifts they purchased for their loved ones last year, according to another holiday spending report by NerdWallet. How shoppers pay for holiday giftsHeading into the peak holiday shopping season, 74% of shoppers plan…
