With no fourth stimulus check, these other COVID programs are still offering cash Congress is focused right now on President Joe Biden’s pushes to spend massive money on roads, bridges and social programs — and on trying to head off a government shutdown. One thing that’s not on lawmakers’ crowded agenda is any plan to … Read more
Although the appeal of having guaranteed income after retirement is undeniable, there are actually a number of risks to consider before rolling your 401(k) into an annuity. In addition to the sometimes hefty fees incurred by annuitants, you risk losing part of your investment if you die prematurely, as you may not be able to … Read more
A buyout boom fueled by easy money and a looming hike in the capital-gains tax is sweeping Wall Street deal making to highs not seen since before the 2008 financial crisis. Companies have issued $120 billion of “leveraged loans” this year through Sept. 23 to finance corporate buyouts by private-equity firms—just shy of the $124 … Read more
Mortgage rates inch up — and signs say even bigger increases are ahead It’s inevitable, homeowners: The pandemic-fueled low mortgage rate party will come to an end. The economy’s open, more than 2 million jobs were created in the last three months, and COVID-19 relief programs are being allowed to wind down and expire. Amid … Read more
(Bloomberg) — Emerging-market investors are about to find out whether there’s more to worry about in China than just the Evergrande debt crisis. Most Read from Bloomberg Official and private gauges of Chinese manufacturing are due out Thursday, with expectations they’ll add to evidence of sputtering growth. Concerns that the world’s second-biggest economy is slowing … Read more
Financial experts give their advice on how to protect your investments from inflation. The accelerating pace of inflation is one of the main economic trends of 2021. The Consumer Price Index or CPI, the government’s main inflation gauge, has ran around a 5% annual pace for the past several months, well above last year’s 1.4% … Read more
What’s it going to take to knock the U.S. equity market off-kilter? After the prospect of a collapse of a giant Chinese property developer saddled with some $300 billion in debt saw blue chips put in their worst one-day decline in two months on Monday and the Federal Reserve confirmed on Wednesday it will soon … Read more
The major Asia-Pacific stock indexes finished mixed but mostly lower on Friday as investors continued to approach the trade with caution due to lingering risks surrounding China Evergrande Group. Meanwhile, investors in Japan bucked the trend, driving the benchmark Nikkei higher on the back of strong gains from Fast Retailing and Softbank Group. On Friday, … Read more
Shares of Robinhood Markets Inc. had mostly disappointed the trading app’s fans since their initial public offering. But Harsh Patel felt sure that was about to change. Mr. Patel, a 27-year-old nurse in Columbus, Ohio, figured its price would rise after he saw chatter about Robinhood light up a stock market chatboard. So on Aug. … Read more
Each week Trifecta Stocks identifies names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet’s Quant Ratings, we zero in on five names. While we will not be weighing in with fundamental analysis, … Read more