Synopsis Toll Brothers (NYSE:TOL) designs, constructs, and markets luxury residential homes. TOL is well positioned to capitalize on the strong housing demand that is driven mainly by an undersupply of housing and a favourable demographic. Its strategic initiatives to focus on spec homes enable it to meet the demand of…

Travelers, be warned: The federal government may revoke your passport if you ignore a big tax bill.Such punishments have become more frequent in recent years, experts said.Federal law requires the IRS and Treasury Department to notify the State Department if an American has a “seriously delinquent tax debt.”This is a…

Wall Street takes back-to-back weekly gains and an overbought market into an important week featuring Nvidia earnings and the latest reading on the Federal Reserve’s favorite inflation gauge. Fed Chairman Jerome Powell on Friday gave the speech from Jackson Hole that investors wanted to hear. The S & P 500…

The 1-Minute Market Report August 25, 2024 In this brief market report, we look at the various asset classes, sectors, equity categories, exchange-traded funds (ETFs), and stocks that moved the market higher and the market segments that defied the trend by moving lower. Identifying the pockets of strength and weakness…

It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September.Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy because he sees the Fed easing rates.”Investors are moving back toward dividends out of money markets, out of fixed income, but…

Boeing will return its capsule from the International Space Station without the NASA astronauts that Starliner delivered to orbit, the agency announced on Saturday.The decision to bring Starliner back from the ISS without astronauts Butch Wilmore and Suni Williams marks a dramatic about-face for NASA and Boeing, as the organizations…

Introduction In December of last year, I argued Bank of America’s (NYSE:BAC) non-callable preferred shares were a good idea to speculate on a rate cut (and on decreasing interest rates on the financial markets). So far, the investment has done what I expected it to do. Bank of America continued…

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 Friday’s key moments. Stocks rallied Friday after Federal Reserve Chairman Jerome Powell’s dovish Jackson Hole speech. Powell said Friday, “The time has come for policy to adjust,” laying…

Check out the companies making headlines in midday trading: Cava Group — Shares of the fast-casual restaurant chain popped more than 21% on stronger-than-expected quarterly results . Cava posted earnings of 17 cents per share on $233 million in revenue in the fiscal second quarter. That topped LSEG estimates calling…

Written by Nick Ackerman, co-produced by Stanford Chemist. FIRST TRUST HY OPPORTUNITIES 2027 TERM (NYSE:FTHY) is a closed-end fund, or CEF, that provides investors with a high monthly distribution yield. The fund invests in both high-yield bonds and senior loans in an attempt to achieve that. The fund’s discount has…