Former President Donald Trump and Vice President Kamala Harris are shown on screen during a debate watch party at the Cameo Art House Theatre in Fayetteville, North Carolina, Sept. 10, 2024.Allison Joyce | Bloomberg | Getty ImagesWith the Social Security Administration facing a looming funding crisis over the next decade, it’s clear that the next U.S. president — either Democratic candidate Kamala Harris or Republican candidate Donald Trump — is poised to inherit a Social Security dilemma.Almost 68 million Americans receive Social Security payments every month. The benefits support seniors in their retirement, disabled Americans and survivors of beneficiaries, but the future…
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We recently compiled a list of the 10 Oversold Growth Stocks to Invest In. In this article, we are going to take a look at where Dollar Tree, Inc. (NASDAQ:DLTR) stands against the other oversold growth stocks.As investors focus on consumer spending in a bid to assess the broader health of the US economy, current data points demonstrate that the fears of recession are now overdone. UBS believes that the excess savings that were built up during the COVID-19 pandemic are now used up, and elevated levels of interest rates seem to be impacting activity, mainly in the housing market. However, as…
By Jarrett Renshaw HARRISBURG, Pennsylvania (Reuters) – Billionaire Elon Musk promised on Saturday to give away $1 million each day until November’s election to someone who signs his online petition supporting the U.S. Constitution. And he wasted no time, awarding a $1 million check to an attendee of his event in Pennsylvania aimed at rallying supporters behind Republican Donald Trump. The winner was a man named John Dreher, according to event staff. “By the way, John had no idea. So anyway, you’re welcome,” the Tesla (NASDAQ:) founder said as he handed Dreher the check. The money is the latest example…
Investors worried about a market correction should adjust their portfolios, David Rosenberg says.The top economist has warned stocks are in a bubble and at risk of a major decline.He advised investors to pay attention to key sectors and add “insurance” to their portfolios. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. A number of…
The stock market is hovering near all-time highs. That has pushed the dividend yield on the S&P 500 Index (SNPINDEX: ^GSPC) down to a paltry 1.2%, which is not an attractive number if you are a dividend investor. But you can generate yields of 5% or more with Realty Income (NYSE: O) and Toronto-Dominion Bank (NYSE: TD). They are two of my top high-yield stock picks right now. Just keep in mind that there’s a barbell here on the risk spectrum.Realty Income: A low-risk income streamRealty Income is offering a dividend yield of roughly 5.1%. That’s not only attractive relative…
We recently compiled a list of the 10 Oversold Growth Stocks to Invest In. In this article, we are going to take a look at where XP Inc. (NASDAQ:XP) stands against the other oversold growth stocks.As investors focus on consumer spending in a bid to assess the broader health of the US economy, current data points demonstrate that the fears of recession are now overdone. UBS believes that the excess savings that were built up during the COVID-19 pandemic are now used up, and elevated levels of interest rates seem to be impacting activity, mainly in the housing market. However, as the US…
By Tom Balmforth and Alexander Tanas CHISINAU (Reuters) – Moldovans vote on Sunday in a presidential election and EU referendum at a pivotal moment that could bolster the small agricultural economy’s drive to join the European Union, after allegations of Russian election meddling. As the war in Ukraine rages to the east and turns the political and diplomatic spotlight on the former Soviet republic, it has accelerated its push to escape Moscow’s orbit and embarked on the long process of EU accession talks. Polls show pro-Western incumbent Maia Sandu has a comfortable lead over her 10 rivals on the ballot,…
By Haripriya Suresh BENGALURU (Reuters) – Indian IT services firm Tech Mahindra on Saturday reported revenue grew more than expected in the three months through September, aided by growth in European and other non-American markets, as well as the banking, financial services, and insurance (BFSI) segment. Revenue rose 3.49% to 133.13 billion rupees ($1.58 billion) for its financial second quarter from the same period last year, beating analysts’ average estimate of 131.9 billion rupees, according to data compiled by LSEG. Tech Mahindra continued to see weakness in its communications segment, which contributes a third of overall revenue. Higher borrowing costs…
The industrial conglomerate’s shareholders will have to wait to see the full results of its restructuring. The announcement of a future spin-off of Honeywell’s (HON 1.12%) advanced materials business caused a spike in the share price and some rare excitement for a stock that hasn’t gone anywhere over the last three years. But is it a temporary break in the slumber or the start of a significant move upward in the price? Here’s what you need to know about Honeywell’s latest news. Honeywell cheers the market The industrial company’s stock price has been flat over the last three years compared…
Pharmaceutical powerhouse Eli Lilly (NYSE: LLY) is having a terrific 2024. Shares have gained 58% so far this year, handily outperforming both the S&P 500 and Nasdaq Composite indexes.Much of the share price appreciation can be attributed to Lilly’s success in the diabetes and obesity care markets thanks to its blockbuster glucagon-like peptide-1 (GLP-1) agonists, Mounjaro and Zepbound. Moreover, Lilly made headlines back in July as the company’s Alzheimer’s drug, donanemab, received approval from the Food and Drug Administration (FDA).About a month ago, Lilly secured another big win that I think is being overshadowed by the company’s success in other…