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“Good news is bad news” has been a common refrain for a while now. When economic reports are released that are solid, they have all too often been clouded with concerns that good news for the economy actually means a longer wait before the Federal Reserve rolls out rate cuts.…
Introduction As other central banks (in Canada and the Eurozone) have started to reduce their benchmark interest rates, I’m not quite confident the interest rates on the financial markets have peaked. That’s why I’m still expanding my fixed income portfolio as I’d like to further increase my exposure to that…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseJoe Biden has raised $28mn for his re-election campaign from a star-studded fundraiser in Los Angeles that shows how Hollywood is sticking with the Democratic president in his race…
How US tries to thwart terror attacks in advance “There’s no doubt that Russia and China want to affect the outcome of the U.S. election,” says former White House Counterterrorism Coordinator Richard Clarke. So administrations try to game out what adversaries might do, “and how you would react to that…
Nowadays, you can find many people who call themselves “financial planners” or “retirement advisers.” Unfortunately, there aren’t consistent definitions and professional requirements for these common terms, unlike the situation with professionals such as doctors, dentists, accountants, or lawyers. Another problem is that many people confuse investment advice with retirement planning.…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…
Check out the companies making headlines in midday trading: Adobe — The software stock surged 14% on stronger-than-expected quarterly results. Adobe posted adjusted earnings of $4.48 per share on $5.31 billion in revenue and boosted its full-year guidance. JPMorgan also upgraded shares to overweight from neutral. RH — The luxury…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Fridays’ key moments. The S & P 500 declined Friday, pulling back from its record high set in Thursday’s session. The usual suspects in the tech sector are…
Investors are worried France could be facing a financial crisis if the political center collapses in upcoming parliamentary elections, leaving far-right populists in charge of the European Union’s second-biggest economy. President Emmanuel Macron called the snap elections Sunday after his party lost to the far right in a vote for EU…
Darden Restaurants, Inc. (NYSE:DRI) has been able to generate a total shareholder return of over 10% annually on any 10 years since its spin-off from General Mills 29 years ago. As a result, it returned 363% vs. the 176% the S&P500 (SPY) achieved. However, in the past 5 years, DRI…