Dividend stocks could be poised to get their moment in the sun as interest rates fall – and investors only need to take a simple step to boost their long-term returns in these positions. The Federal Reserve kicked off its rate-cutting campaign in September with a half-point reduction, and central bank policymakers projected that rates would come down by another half point by the end of the year. Investors who have been socking cash away in money market funds – which have already seen their yields slide since the summer – might be inclined to snap up dividend stocks as…
Author: usaeverydaylife
Nurphoto | Nurphoto | Getty ImagesLOS ANGELES — Netflix reported earnings after the bell. Here are the results.Earnings per share: $5.40. That may not compare with the $5.12 expected by LSEG.Revenue: $9.83 billion. That may not compare with the $9.76 billion expected by LSEG.Paid memberships: 282.15 million expected, according to StreetAccountActive subscriber numbers are expected to be flat for the third quarter, as gains from its crackdown on password sharing start to taper off. This has led some Wall Street analysts to predict that Netflix will soon announce price hikes.New Street Research analyst Dan Salmon and Morgan Stanley analyst Benjamin Swinburne both…
NEW YORK — Shohei Ohtani hit his second postseason home run to give the Los Angeles Dodgers three late insurance runs in the 8-0 victory to give the Dodgers a 2-1 lead in the National League Championship Series.Ohtani, who entered the game 0-for-19 with no runners on base, extended his bases-empty drought by going hitless with a walk in his first four plate appearances of the game.With two on in the eighth inning, Ohtani hit a towering home run just inside the right-field foul pole for his second homer of the postseason. Ohtani is now 7-for-9 with runners on base…
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, arrives to pay his last respect to Indian industrialist Ratan Tata at the National Centre for the Performing Arts (NCPA) ahead of its cremation in Mumbai on October 10, 2024. Punit Paranjpepunit Paranjpe | AFP | Getty ImagesHaving just lost a battle with Elon Musk over how India’s satellite spectrum is awarded, Asia’s richest man Mukesh Ambani could face a bigger challenge if Musk’s Starlink launches services in India and the two go head-to-head on price.India’s government said on Tuesday it will allocate spectrum for satellite broadband administratively and not via auction, hours after…
With a resurgence of travel demand driving strong earnings and analyst upgrades, the cruise line industry appears to be entering a new bullish regime. While charts like Carnival Corp. (CCL) have once again become overbought, the strength of the recent breakout suggests they may just be getting started. Starting with the weekly chart, we can see that over the last 18 months, Carnival had found consistent resistance around $19.50. Through the course of 2024, numerous tests of this price resistance led to a pullback down to around $14, as the stock settled into a fairly consistent price range. The longer…
Jacob Wackerhausen | Istock | Getty ImagesWhat to know about the 10-year ruleBefore the Secure Act of 2019, heirs could “stretch” inherited IRA withdrawals over their lifetime, which helped reduce yearly taxes.But certain accounts inherited since 2020 are subject to the “10-year rule,” meaning IRAs must be empty by the 10th year following the original account owner’s death. The rule applies to heirs who are not a spouse, minor child, disabled, chronically ill or certain trusts.Since then, there’s been confusion about whether the heirs subject to the 10-year rule needed to take yearly withdrawals, known as required minimum distributions, or…
In his campaign’s TV ads, Pennsylvania Republican House candidate Rob Bresnahan talks about being a third-generation union contractor. His brochures claim he has created well paying union jobs. These union ties are a key part of Bresnahan’s pitch to voters as he campaigns in the hopes of unseating incumbent Democratic Rep. Matt Cartwright.It’s not surprising for a candidate in northeastern Pennsylvania to trumpet their union ties. But it is very surprising for a Republican to be the one doing it.”Just because I have an ‘R’ next to my name doesn’t mean that I’m not for collective bargaining,” Bresnahan said at…
Brian Williams.Lloyd Bishop | NBC | Getty ImagesAmazon said Thursday it plans to host an election night special anchored by Brian Williams, marking the company’s first foray into live news coverage.The one-night special will provide election results and analysis on Prime Video starting at 5 p.m. ET on Nov. 5, the company said. Amazon emphasized it will be a “non-partisan presentation” pulling information from a variety of third-party news sources.Williams will lead the special and interview analysts across the political spectrum. Viewers will not be required to have a Prime subscription to access the stream.”After 41 years in the business…
Longtime majority owner Jerry Reinsdorf is open to selling the Chicago White Sox, sources briefed on the matter but not authorized to discuss it publicly told The Athletic. The 88-year-old Reinsdorf is in active discussions with a group led by former big leaguer Dave Stewart.Reinsdorf led a group that bought the White Sox for roughly $20 million in 1981 and is the second-longest active owner in MLB, trailing only the Steinbrenner family, who bought the Yankees in 1973. According to Forbes, Reinsdorf owns an estimated 19 percent of the White Sox, the entirety of which is believed to be part…
Jakub Porzycki | NurPhoto via Getty ImagesTwo young men accused of committing one of the largest person-to-person crypto thefts in U.S. history went on a brazen spending spree that included buying exotic cars, a $2 million wristwatch, renting mansions and running up nightclub tabs of hundreds of thousands of dollars apiece, new court records reveal.The Aug. 18 cyber heist swindled a Washington, D.C., resident out of $230 million in cryptocurrency. To date, at least $100 million in bitcoin stolen from the victim remains unaccounted for, prosecutors said in a recent court filing in D.C federal court.Police now say that another…
