Midcap stocks are suddenly outperforming – and investors interested in their growth prospects might find a few good dividend payers too. The SPDR S & P Midcap 400 ETF (MDY) just scored its fifth straight winning week. The fund is off to a solid start this week, up 4% over the past two days, after the U.S. and China agreed to suspen higher tariffs for 90 days . Accords on tariffs, like the one reached with the United Kingdom and potentially in the works with China, bode well for smaller companies, which tend to be particularly sensitive to the domestic…
Author: usaeverydaylife
Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesFinancial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.””Chime is a technology company, not a bank,” the company said in its prospectus, noting it’s not a member of the U.S. Federal Deposit Insurance Corp. Still, the company cited Bank of America, Capital One, Citibank, JPMorgan Chase, PNC Bank and Wells Fargo as competitors. Most of Chime’s new members who arrange for direct deposit previously did direct deposit elsewhere, “most commonly with large incumbent banks,” the company…
Some Israeli military officials have privately concluded that Palestinians in Gaza face widespread starvation unless aid deliveries are restored within weeks, according to three Israeli defense officials familiar with conditions in the enclave.For months, Israel has maintained that its blockade on food and fuel to Gaza did not pose a major threat to civilian life in the territory, even as the United Nations and other aid agencies have said a famine was looming.But Israeli military officers who monitor humanitarian conditions in Gaza have warned their commanders in recent days that unless the blockade is lifted quickly, many areas of the…
Customers shop for produce at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas.Brandon Bell | Getty ImagesThe Social Security cost-of-living adjustment for 2026 is on pace to be the lowest annual benefit increase in five years, according to new estimates.But that may change depending on the pace of inflation in the coming months.The COLA may be 2.4% in 2026, according to new projections from both Mary Johnson, an independent Social Security and Medicare policy analyst, and The Senior Citizens League, a nonpartisan senior group.If that increase goes into effect next year, it would be lower than the…
The White House on Tuesday said that President Trump, while in Saudi Arabia, had secured $600 billion in deals with the Saudi government and firms. But the details the White House provided were vague and totaled less than half that number.And a closer look at the projects the administration provided shows several were already in the works before Mr. Trump took office.The announcement was made just before Mr. Trump spoke to a gathering of business leaders at the U.S.-Saudi Investment Forum in Riyadh, where he said the only country hotter than the United States was Saudi Arabia.“We are rocking,” he…
Shopify is the one-stop shop to help small- and medium-size businesses transact online. There was an explosion in new online business formations during Covid, and the number of new monthly business applications has maintained. However, the company is starting to diversify by onboarding larger brands such as Reebok, Overstock and Barnes & Noble, which will stabilize revenue streams. We just added SHOP to our Active Opportunities portfolio on Monday and see upside ahead. Starting on the weekly chart we see a sharp decline following the pandemic as entrepreneurs rushed to open their virtual stores as we were forced home. Since then, the stock…
Patrick Mahomes #15 of the Kansas City Chiefs throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl LIX at Caesars Superdome on February 09, 2025 in New Orleans, Louisiana. Gregory Shamus | Getty Images Sport | Getty ImagesYouTube will stream the National Football League’s Week 1 game on Sept. 5 for free, the first time the dominant streaming platform has ever broadcast a live NFL game in its entirety.The game, which Front Office Sports first reported will be between the Kansas City Chiefs and the Los Angeles Chargers, will take place in Sao Paulo, Brazil.”Last year,…
Mateusz Slodkowski | Lightrocket | Getty ImagesAirbnb launched a redesigned app on Tuesday to showcase the company’s push to let travelers book services, like catering and personal training, at their home rentals.The new-look app marks a new chapter for Airbnb to expand beyond home stays. The company has previously announced plans to invest $200 million to $250 million in a new business that it said it hopes will become a significant driver of future revenue growth.”We now feel like we have such a strong foundation that we are capable of building and expanding,” Dave Stephenson, Airbnb’s business chief, told CNBC.The…
In the face of U.S. tariffs, Honda said on Monday that it would shift production of one of its popular vehicles from Ontario to a U.S. factory and postpone an $11 billion plan to make electric vehicles and batteries in Canada.The announcement came less than a month after Honda denied a report in the Japanese media that President Trump’s tariffs would force it to pull back in Canada.It also poses a major challenge for Prime Minister Mark Carney of Canada, who won a stunning victory in last month’s election after portraying himself as the leader best suited for dealing with…
Josh Brown, CEO of Ritholtz Wealth Management, said Tuesday he added to his position in Toast , a payments company for restaurants that just posted its latest quarterly results. “I’ve been involved in the stock for a while, and I bought the name right before the numbers because I like when you see strength going into the numbers,” Brown said on CNBC’s ” Halftime Report .” Toast, whose payments technology is popular in restaurants and cafes, saw shares jump about 4% Tuesday. Last week, the company posted its first-quarter report , as well as solid guidance for the current quarter…
