Image source: Getty Images The desire for passive income is a common goal for many people. That’s probably even more so nowadays, given the sharp rise in the UK’s cost of living. I found an old shopping bill the other day in my car boot. It was from three years ago and showed I spent £76. As an experiment, I decided to visit the same store and buy the exact same items. Unfortunately, there were a couple of things that weren’t available, so I bought similar. The bill came to nearly £120! Thankfully, inflation finally appears to be easing now…
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(Reuters) – Former Hollywood producer Harvey Weinstein has chronic myeloid leukemia (CML), NBC News reported on Monday, citing sources. Weinstein is currently undergoing treatment for CML, a type of bone marrow cancer, while in prison at Rikers Island in New York to face trial on rape charges, according to the NBC report. Craig Rothfeld, Weinstein’s legal healthcare representative, declined comment when asked by Reuters on the status of his health, citing respect for Weinstein’s privacy. Weinstein, 72, has been beset with health problems, his lawyers had earlier said. He was rushed to the hospital from Rikers Island jail in September…
Microsoft (MSFT) closed the most recent trading day at $418.78, moving +0.15% from the previous trading session. This change outpaced the S&P 500’s 0.18% loss on the day. Meanwhile, the Dow lost 0.8%, and the Nasdaq, a tech-heavy index, added 0.27%.Heading into today, shares of the software maker had lost 3.93% over the past month, lagging the Computer and Technology sector’s gain of 6.6% and the S&P 500’s gain of 4.46% in that time.Market participants will be closely following the financial results of Microsoft in its upcoming release. The company plans to announce its earnings on October 30, 2024. It…
The stock market is riskier than bonds, a high-yield savings account, or just keeping your money in cash. But it’s important to understand that some stocks are far safer than others (although never risk-free).When searching for safe stocks, some characteristics to consider are the company’s industry and whether it has a business model and balance sheet that can hold up well during an economic downturn. Another factor is the company’s runway for future earnings growth, which can support a growing dividend over time.Coca-Cola (NYSE: KO), Clorox (NYSE: CLX), and Southern Company (NYSE: SO) have three recession-resistant business models and decades…
By Leika Kihara TOKYO (Reuters) – The risk of Japan ending up with a minority coalition government after the upcoming general election is raising concerns that the central bank could face complications in its quest to gradually wean the nation off decades of monetary stimulus. Several recent polls have shown the possibility of the ruling coalition losing its majority in parliament, which could cost premier Shigeru Ishiba his job or force his Liberal Democratic Party (LDP) to look for an additional coalition partner to stay in power. Such a prospect could deprive the BOJ of the political stability needed to…
Investing.com– U.S. stock index futures moved little in evening deals on Monday as a rise in Treasury yields and caution before a string of major third-quarter earnings kept investors to the sidelines. Futures steadied after a mildly negative session on Wall Street, where a mix of profit-taking and decreased risk appetite saw U.S. benchmarks fall from near record highs. But the Nasdaq rose slightly on gains in NVIDIA Corporation (NASDAQ:), which surged to a record high. The stock rose 0.3% in aftermarket trade. US shares of technology firm SAP (NYSE:) rose nearly 4% on stronger-than-expected earnings. were flat at 5,896.50…
(Reuters) – Shares of Spirit Airlines (NYSE:) surged as much as 46% on Monday after the ultra low-cost carrier reached a deal with its credit card processor to extend a debt refinancing deadline by two months until Dec. 23. The agreement with U.S. Bank National Association provides some elbow room to Spirit to refinance its $1.1 billion loyalty bonds due to mature next year. The previous refinancing deadline was Oct. 21. The Florida-based company said on Friday it had fully drawn down its $300 million revolving credit facility and expects to end this year with over $1 billion in liquidity.…
Investing in reliable dividend stocks can be an excellent strategy for risk-averse investors. The stock market is riskier than bonds, a high-yield savings account, or just keeping your money in cash. But it’s important to understand that some stocks are far safer than others (although never risk-free). When searching for safe stocks, some characteristics to consider are the company’s industry and whether it has a business model and balance sheet that can hold up well during an economic downturn. Another factor is the company’s runway for future earnings growth, which can support a growing dividend over time. Coca-Cola (KO -1.41%),…
Investors love passive income. We can use it to pay our bills, fund our vacations, or donate to worthy causes. And if we can earn enough money from our investments to cover all our expenses — without having to sacrifice too much of our limited time and energy to earn it — then we truly are free.Here are two passive income-producing dividend stocks that can help you advance your own journey toward financial independence.Dividend stock to buy No. 1: Kinder MorganRoughly 40% of the natural gas produced in the U.S. moves through Kinder Morgan’s (NYSE: KMI) vast pipeline network. With…
By Kirsty Needham SYDNEY (Reuters) -Britain’s King Charles was embraced by an Indigenous elder after a welcome smoking ceremony on Tuesday in the birthplace of Australia’s urban Aboriginal civil rights movement in Sydney, a day after being heckled by an Indigenous senator in Canberra. Charles met with Indigenous elders at the National Centre for Indigenous Excellence in inner-city Redfern, including “bush tucker” – or native food – chef Aunty Beryl Van-Oploo, who served kangaroo pies. The king was embraced by elder Michael Welsh, and a woman introduced herself as a member of the Stolen Generation – a reference to Aboriginal…