What to watch in the market: Thursday, August 1
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Here's Dan Roberts with a lookahead at some of the stories that will be making headlines on Thursday, August 1.
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When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit?
My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year (I was born in 1954). When I collect $4,000+ per month does her monthly payment go up to spousal benefit automatically or does it have […] The post When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit? appeared first on SmartReads by SmartAsset.
SmartAsset$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
FortuneThe Federal Reserve Just Indicated Social Security Could Get a Bigger 2025 Cost-of-Living Adjustment (COLA) Than Expected
A bigger COLA may sound great, but it has some big drawbacks for retirees too.
Motley FoolTesla Has a New Model. It Should Boost Sales.
Tesla has adjusted its model lineup in a bid to boost sales of its most popular vehicle. The new version is more attractive than the old—and looks like a good deal—while tax credits continue to skew value in the U.S. electric-vehicle market. Over the weekend, Tesla added a long-range rear-wheel drive Model Y to its website that gets about 320 miles of range per charge.
Barrons.comWarren Buffett Bought $9.2 Billion of This Stock Last Year, and He Could Buy Even More in 2024
One of Buffett's favorite stocks of all time topped his list of buys in 2023.
Motley FoolInstead of Buying Nvidia Stock, I'm Buying This AI ETF Hand Over Fist
Generative AI is generating big interest among investors, and this ETF provides plenty of industry exposure.
Motley FoolHere's What the Average Gen Xer Has Saved for Retirement. The Number Might Surprise You
Unfortunately, it's a sum that indicates that many 50-somethings' savings need work.
Motley FoolU.S. Money Supply Is Doing Something So Rare That It Hasn't Happened Since the Great Depression -- and a Big Move in Stocks May Follow
M2 money supply hasn't done this in nine decades.
Motley FoolTesla lays off more staff in software, service teams, Electrek reports
The move comes after the Elon Musk-led automaker disbanded its EV charging department following Tesla's announcement last month that it was reducing its global workforce by more than 10%. Tesla, whose shares were up about 1%, did not immediately respond to a Reuters request for comment. Tesla disclosed last month that it expects to book more than $350 million in costs in the second quarter for the mass layoffs.
ReutersMedical Properties Trust Stock Falls After Hospital Tenant Files for Bankruptcy
Shares of Medical Properties Trust are tumbling after the hospital landlord's biggest tenant filed for chapter 11 bankruptcy protection. + Steward had been kept afloat by a surprisingly deep relationship with Medical Properties Trust, which owns 10% of the company and has funneled billions of dollars into Steward and its real estate. + Steward said it is working to finalize a loan of up to $300 million from MPT to keep running its hospitals.
The Wall Street Journal