Famed short seller Jim Chanos shrugged off the AI hype this week.Reuters Artificial intelligence has sparked a major stock-market rally in 2023. But some big-name investors – including famed short seller Jim Chanos – aren’t buying into the hype. Others, like Warren Buffett, have voiced concerns about the dangers of AI. Artificial intelligence has emerged… Read More »
Cliff Asness.Lucy Nicholson/Reuters Cliff Asness warned stocks may be overpriced and bond markets are signaling a major recession. The AQR boss fears a financial crisis, and says Warren Buffett and quant traders have similarities. Asness is worried about commercial real estate and is bullish on cheap stocks. Buoyant stocks may have lost touch with economic… Read More »
Roth IRA contribution rules A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a 401(k) or similar workplace plan. And if you don’t have a retirement plan at work, you may still… Read More »
SmartAsset: How the Employer Match Works With the 401(k) Limit A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your contributions to your account up… Read More »
Bristol occupies a unique spot in British motor history. Founded by the Bristol Aeroplane Company after World War II, it manufactured hand-built luxury cars. Not as well known as Aston Martin or Jensen, its early cars are extremely rare today. That’s why it’s unlikely to see one turn up in a barn, especially an early… Read More »
SmartAsset: Is $3 Million Enough to Retire at 65? To some people, $3 million will sound like a lot. You probably think $3 million is enough to retire if you’re among that crowd. But retiring with $3 million at 65 can last depending on your longevity, lifestyle and other factors. Let’s break down what you… Read More »
President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over the weekend, allowing a ray of hope to peek through the fiscal cloud that had been hanging over D.C. This deal would avert a potential default, which many economists think would be catastrophic. Here’s what… Read More »
SmartAsset: Am I saving too much for retirement? It may seem like an odd notion, but it is possible to save too much money. You may have financial habits that allow you to sock away tons of money but cause your current quality of life to deteriorate. As a result, a readjustment can help you… Read More »
How Long Will $300,000 Last in Retirement? How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let’s break down whether $300,000 is enough for your retirement and some tips you can employ to… Read More »
How Do I Avoid Paying Tax on Dividends? Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital gains tax treatment if stocks are owned… Read More »
The US Transportation Department released a report this week that revealed deficiencies in how the National Highway Transportation Safety Administration handles investigations. These findings show that the NHTSA does not consistently document information and routinely fails to complete defect investigations in a timely manner. For the report, auditors from the US Transportation Department’s Office of… Read More »
Palo Alto Networks (PANW) will replace Dish Network (DISH) in the S&P 500 index, S&P Dow Jones Indices announced Friday night. PANW stock jumped to a record high. X Dish Network will replace Cutera (CUTR) in the S&P SmallCap 600. PANW stock will join the S&P 500 before the market open on June 20. It’s… Read More »
(Bloomberg) — With a debt ceiling deal freshly inked, the US Treasury is about to unleash a tsunami of new bonds to quickly refill its coffers. This will be yet another drain on dwindling liquidity as bank deposits are raided to pay for it — and Wall Street is warning that markets aren’t ready. Most… Read More »
Shelby American revealed its latest pickup truck-based creation called the 2023 Ford F-150 Shelby Centennial Edition, honoring the legacy of the late Carroll Shelby and his passion for off-road fun. Based on the F-150 Lariat 4×4 SuperCrew, the Shelby-branded pickup comes as standard with a 5.0-liter V8 under the hood that makes 400 horsepower, but… Read More »
Traveling with an RV can be tiresome, especially if you’re not accustomed to living in a tiny space. But when you get a city bus and convert it into a house on wheels, you get the freedom to design it exactly the way you want. And this is precisely what the Lopez couple did with… Read More »
Now might be a good time to buy. That’s the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain compared to what the underlying companies generally should cost. At threshold level, stock prices have… Read More »
Online Banks Are Winning the Deposit War Follow Us on Google News
S&P 500 stocks Tesla (TSLA) and DexCom (DXCM), along with Fluence Energy (FLNC), Wingstop (WING) and Extreme Networks (EXTR) are in focus this week. X The market rally picked up steam late in the week. Breadth improved as well, though market leadership has remained concentrated in the artificial intelligence space. Still, there are a lot… Read More »
On the Glassdoor profile of Taiwan Semiconductor Manufacturing Company, or TSMC—the world’s biggest manufacturer of semiconductor chips—current and former U.S. employees swap messages about grueling working conditions. “People… slept in the office for a month straight,” an engineer wrote in August. “Twelve-hour days are standard, weekend shifts are common. I cannot stress… how brutal the… Read More »
If you’re buying a Tesla Model 3 in the US, you can now get the maximum possible tax credit of $7,500 no matter what make you’re getting. Tesla has updated its website to show that the rear-wheel drive Model 3, along with its long range and performance counterparts, now qualify for the full federal tax… Read More »
Saudi Oil Minister Takes Combative Stance With Wall Street Speculators Follow Us on Google News
(Bloomberg) — Roiled by rising borrowing costs and falling valuations that wiped out $148 billion of shareholder value, European landlords are bracing for a new wave of pain. Most Read from Bloomberg Property companies have about $165 billion of bonds maturing through 2026, while banks are reducing their exposure to the industry and credit costs… Read More »
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 13, 2020 at Wall Street in New York City.Johannes Eisele/AFP/Getty Images The Dow soared 700 points to end the week as traders cheered the end of the debt ceiling fight. The Senate voted to send the bill to raise to… Read More »
Published By: Paras Yadav Last Updated: June 03, 2023, 13:47 IST Tata Motors (Photo: IANS) The upcoming EV Battery Plant in Gujarat by Tata will have initial capacity of 20 Gigawatt hours (GWh), which could be doubled in a second phase of expansion India’s Tata Group signed an outline deal on Friday on building a… Read More »
In a sprawling circuit near Mount Fuji, a humble Corolla running on liquid hydrogen has made its racing debut, part of a move to bring the futuristic technology into the racing world and to demonstrate Toyota’s resolve to develop green vehicles. Toyota Chairman Akio Toyoda, resplendent in a fire-resistant racing uniform, was all smiles as… Read More »