Verizon to speak at MoffettNathanson conference May 14

GOBankingRates
Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
Australian Associated Press
Rationale behind RBA's last cash rate call on show
The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.
Bloomberg
Gold Trims Gains as Traders Book Profit After Fresh Record
(Bloomberg) -- Gold trimmed gains as traders booked profits after prices surged to a record on increasing optimism over the Federal Reserve’s monetary policy and rising geopolitical tensions in the Middle East.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bears on Wall Street Turns Bullish on US StocksSaudi Crown Prince Postpones Japan Trip Over King’s HealthHims Debuts $199 W
Bloomberg
Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal
(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bears on Wall Street Turns Bullish on US StocksSaudi Crown Prince Postpones Japan Trip Over King’s HealthHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyTh
GOBankingRates
7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account
If you've taken the advice to save as much money as in an emergency fund or other form of savings, you should feel entitled to take out money when needed. That's what it's there for, after all. Learn...
Bloomberg
Copper Hits Record Above $11,000 on Bets That Shortage Looms
(Bloomberg) -- Copper surged to its highest-ever level, extending a months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bears on Wall Street Turns Bullish on US StocksSaudi Crown Prince Postpones Japan Trip Over King’s HealthHims Debuts $199 Weight-Loss Shots at
Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
Evening Standard
Zuber Issa to acquire UK arm of EG Group by the end of June
The deal is the latest sign in an apparent rift between the billionaire Issa brothers, who also own Asda
Bloomberg
Speedier Wall Street trades are putting global finance on edge
The time for completing a stock transaction is being halved to a single day — and that comes with risks.
GOBankingRates
8 Ways Middle-Class People Become Poor in Retirement
After working for most of your adult life, the last thing you want to do is stress about your finances and paying hefty bills in your golden years. You want to enjoy your retirement after committing...
Reuters
Morning Bid: Metals zoom as investors wait on rates
Copper and gold made record highs in Asia trade on Monday and silver surged over $30. Gold's 18% rally over the year to date has been attributed, variously, to Chinese buying, global political tension and expectations that U.S. rates will start to fall soon, seen as a boon for a metal that does not pay a yield at all.
NCA NewsWire
ASX advances on mining, energy stocks
A rally in prices for key commodities including oil, iron ore, nickel, gold and copper sent the benchmark within 33 points of its record high.
Yahoo Finance AU
Big banks slammed for ‘abandoning’ mortgage customers
More mortgage holders are experiencing hardship as interest rates rise and cost-of-living pressures bite. And banks aren't doing enough to help them.
Simply Wall St.
ASX Growth Companies With Insider Ownership As High As 18%
Today, the ASX200 experienced a decline of 0.85%, with most sectors losing ground except for materials. Notably, IT stocks faced significant pressure, dropping over 3%, and the Health Care sector also saw a decrease of 2%. In such fluctuating market conditions, companies with high insider ownership can be particularly compelling as these insiders may have a deeper commitment to the company's success and resilience in challenging times.
GOBankingRates
TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor
Everyone should be investing a good portion of their income. It's one of the key ways to build wealth (if you need an example, just look at multibillionaire Warren Buffett, who built much of his net...
Simply Wall St.
Exploring Three Japanese Growth Companies With High Insider Ownership On The Tokyo Stock Exchange
Despite a backdrop of economic contraction and modestly rising bond yields, Japanese equities showed resilience last week, with the Nikkei 225 Index gaining 1.5%. In this context, exploring growth companies with high insider ownership on the Tokyo Stock Exchange could offer intriguing insights into firms that are potentially well-positioned to navigate Japan's complex market dynamics.
Insider Monkey
Is Texas the State with the Lowest Tax Burden In the US?
We recently prepared a comprehensive report of 15 States with the Lowest Tax Burden in the US. Click to see the free report. But the interesting question to answer is: Is Texas really the State with the Lowest Tax Burden In the US? Texas State Tax Burden: 7.68% Income Tax: 0% Sales Tax: 6.25% Property […]
Reuters
Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500
The new target, at the top end of its range of 5,100-5,500, is around 4% higher than the index's last close of 5,303.27. Oppenheimer Asset Management had also predicted the index would end at 5,500. "We see the earnings cycle having plenty of legs," Deutsche Bank strategists led by Binky Chadha said in a note on Friday.
PA Media: UK News
Nearly half of people expect a cashless society within their lifetime – survey
One in six people surveyed said they never carry cash on their person, according to cash access and ATM network Link.
Yahoo Finance Video
Inflation is a 'double-edged sword' for economy: Strategist
US equities (^GSPC, ^DJI, ^IXIC) are on the up and up as the Dow Jones Industrial Average tries to assert dominance over its record 40,000 benchmark and the S&P 500 remains above 5,300. However, consumer sentiment has fallen to its lowest point since November 2023 as American consumers still cite inflation as their biggest financial worry. US Bank Asset Management Group Chief Investment Officer Eric Freedman and Mizuho Securities USA Chief Economist Steven Ricchiuto join Wealth! to discuss the current economic landscape and give insight as to why consumer sentiment remains low as markets trade at record levels. On the pressure consumers are facing, Ricchuito offers: "It's the level of prices. Prices went up substantially in the post-COVID environment and they continue to be at a high inflated level. And that is really eating into household disposable income in terms of their discretionary spending. Now, on the other side of this equation, the inflation is helping corporate America produce solid earnings. And as a result, it's driving the equity market." Freedman states that not only is inflation affecting corporate earnings. "but also the housing market and one of the things that you're seeing is that if you own a house, your house value has probably gone up. You're spending more money. If you don't own a house, you want one, it's of course very difficult to get one. Both with respect to housing prices, but then also the cost of financing. So that has a double-edged sword effect, if you will." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

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Verizon to speak at MoffettNathanson conference May 14

Latest stories

Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year

Rationale behind RBA's last cash rate call on show

Gold Trims Gains as Traders Book Profit After Fresh Record

Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal

7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account

Copper Hits Record Above $11,000 on Bets That Shortage Looms

Under Armour is collapsing — And Kevin Plank has to take the blame

Zuber Issa to acquire UK arm of EG Group by the end of June

Speedier Wall Street trades are putting global finance on edge

8 Ways Middle-Class People Become Poor in Retirement

Morning Bid: Metals zoom as investors wait on rates

ASX advances on mining, energy stocks

Big banks slammed for ‘abandoning’ mortgage customers

ASX Growth Companies With Insider Ownership As High As 18%

TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor

Exploring Three Japanese Growth Companies With High Insider Ownership On The Tokyo Stock Exchange

Is Texas the State with the Lowest Tax Burden In the US?

Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500

Nearly half of people expect a cashless society within their lifetime – survey

Inflation is a 'double-edged sword' for economy: Strategist