Market recap for Thursday, June 21
In this article:
The Dow tumbles over 100 points, poised for an 8-day losing streak...
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Trump ‘offered to block electric car rollout’ as he asked oil bosses for $1bn
Donald Trump told oil industry executives he would dismantle Joe Biden’s pro-electric vehicle agenda as he asked for $1bn (£800m) to help return him to the White House, it has been claimed.
The TelegraphA millennial who went to college in his 30s when his career stalled says his Bachelor's degree is 'worthless' and that he's been looking for a job for 3 years
A millennial went to college in his 30s when his career growth stalled. Now he's saddled with student debt and struggling to find a job.
Business InsiderBillionaire Bill Gates Has 51% of His Portfolio Invested in 2 Brilliant Stocks
The Bill and Melinda Gates Foundation Trust outperformed the S&P 500 by a wide margin over the past three years, in part because of these two stocks.
Motley FoolAsk an Advisor: Can a Nursing Home Take Our IRA? We Have a $100K IRA and a Trust to Protect Our Assets
My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.
SmartAssetThe U.S. Is Shelling Out $2.9 Billion Per Day In Interest And These ETFs Let You Get A Piece Of It
The U.S. national debt is a hot topic as the government continues to spend more than it earns. With the debt currently standing at a staggering $34 trillion, the interest payments alone are eating up a significant portion of the budget. In fact, the ...
BenzingaA 63-year-old peak boomer said she 'can't even think about retiring' despite having a master's degree and working two jobs
Cathy, a 63-year-old clerical worker in Minnesota, fears she may never be able to fully retire, even though she's worked her entire life.
Business InsiderMorgan Stanley Predicts up to 110% Rally for These 2 ‘Strong Buy’ Stocks
Uncertainty is the word of the day, in reference to the near-term economic future. Sentiment will hinge on the inflation numbers due out next week. March’s figure rose to 3.5%, and April’s job numbers showed a marked slowing in the labor market; that combination has stoked fears of stagflation. But – corporate earnings from Q1 are beating expectations, and the stock market has taken a turn for the better with the S&P 500 closing just below 5,200 yesterday. Economic strategists are still optimist
TipRanks‘Seriously Underwater’ Home Mortgages Tick Up Across the US
(Bloomberg) -- Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states, according to data out Thursday.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track‘Seriously Underwater’ Home Mortgages Tick Up Across the USArm Slides as Tepid Outlook Fuels Concerns Over AI SlowdownNationally, 2.7% of homes carried loan balanc
Bloomberg1 Magnificent Dividend Stock Down 25% to Buy and Hold Forever
A falling stock price has made Agree Realty an even more attractive passive-income investment.
Motley FoolTesla Stock Closed Down. A Departing Exec Said What Everyone Is Thinking.
The outgoing head of product launches said layoffs have rocked the company and hurt morale and that it is “hard to see the long game.”
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