Traders react after the closing bell on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. Brendan Mcdermid | ReutersHowever you feel about the world these days, you’re likely happy with the stock market.The S&P 500 is up nearly 30% this year so far.But it’s important for investors to temper their expectations and to remember that years like this one are rare, said Cathy Curtis, a certified financial planner and the founder and CEO of Curtis Financial Planning in Oakland, California.”Investors should know that the stock market has an average annualized return of…
Author: usaeverydaylife
Job seekers talk to a recruiter at the Albany Job Fair in Latham, New York, on Oct. 2, 2024.Angus Mordant | Bloomberg | Getty ImagesThe unemployment rate climbed sharply for Black women in November.The overall jobless rate edged up slightly last month to 4.2% from 4.1% in October, according to the U.S. Bureau of Labor Statistics on Friday. But some groups experienced more significant rises in unemployment relative to others.Black women experienced the most significant increase, with the jobless rate surging to 6% from 4.9%. In comparison, the jobless rate for white women ticked up slightly to 3.4%, compared to…
The ‘Fast Money’ traders talk Meta hitting a record high today. Source link
Grace Cary | Moment | Getty ImagesAfter decades of building your nest egg, you will eventually have to start taking required minimum distributions, or RMDs, from pretax retirement accounts. The first RMD can be tricky, according to financial experts.Since 2023, most retirees must begin RMDs at age 73. The first deadline is April 1 of the year after you turn 73, and Dec. 31 for future withdrawals. This applies to tax-deferred individual retirement accounts, most 401(k) and 403(b) plans.”You want to be tactical and savvy when you take the [first] distribution,” said certified financial planner Jim Guarino, managing director at…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJared Holz, Mizuho, joins ‘Fast Money’ to talk UnitedHealth shares sliding after renewed scrutiny on the health insurance sector following the killing of UnitedHealth’s CEO. Source link
Signage at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C.Andrew Kelly | ReutersThe U.S. watchdog for consumer finance on Friday announced it was ordering federal supervision of Google Payment Corp., internet giant Alphabet’s payment arm, a decision the company immediately said it was challenging in court.The Consumer Financial Protection Bureau announced the step saying it had determined services offered by Google Payment had posed a risk to consumers.The regulator’s step and the subsequent lawsuit marked a government tussle with a Silicon Valley behemoth in the final weeks of President Joe Biden’s administration. The regulator’s move could be reversed…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailWahid Nawabi, Aerovironment chairman and CEO, and CNBC’s Morgan Brennan join ‘Fast Money’ to talk the incoming administration, global conflicts, AI integration and more. Source link
CNBC’s Jim Cramer on Friday walked investors through next week’s Wall Street action, highlighting earnings from Oracle, Broadcom and GameStop, as well as new inflation data.”Look, I’m trying to get my arms around a market that takes up all sorts of crypto, lots of unprofitable companies — never too great a sign for those who want the Fed to cut repeatedly,” he said. “I want you to keep that in mind so you won’t be surprised if we get some overheated inflation numbers next week and the market gives up some of these extraordinary gains.”On Monday, Oracle and MongoDB are…
There have been a sprinkling of signings so far this offseason, but with MLB’s annual Winter Meetings just days away, the floodgates should open soon.Teams and agents are hoping to reach — or get close to — the finish line before jumping on planes Sunday to head to Dallas. The top of the free-agent market has been active, with contract proposals and concepts exchanged between teams and players, but everyone seems to be waiting for the big stars to sign before the dominoes fall to the rest of the class. While we wait for those players — Juan Soto, Corbin…
Mike Khouw, OpenInterest.Pro chief strategist, talks recent options action with the ‘Fast Money’ traders. Source link
