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Business

“Is Energy Transfer Still a Buy After Its Nearly 20% Rally?”

September 30, 2024

“…Energy Transfer is having a strong year. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 20% in the second quarter to almost $3.8 billion. Meanwhile, its distributable cash flow surged 32% to over $2 billion… Energy Transfer’s capital project… Continue Reading…

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Stocks

“Super Micro Computer Has Dropped 18%. Will It Soar After its Stock Split?”

September 26, 2024

“…In the most recent quarter, revenue soared more than 140%, and profit climbed in the double digits. And this may be just the beginning as Supermicro gears up to address a new growing market: cooling solutions to tackle the heat… Continue Reading…

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Economy

“Only 33% of millionaires consider themselves wealthy, report finds. Why it’s so hard to feel rich”

September 26, 2024

“…Only 12% of Americans consider themselves wealthy, according to a new report by Edelman Financial Engines. Despite their high net worth, just 33% of millionaires said the same, the report found. Edelman Financial Engines polled more than 3,000 adults over age… Continue Reading…

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Stocks

“This Tech Stock Just Raised Its Dividend by 35%, and Analysts Are Raising Their Price Targets”

September 25, 2024

“Following its Capital Markets Day on Wednesday, T-Mobile (NASDAQ: TMUS) announced a whopping 35% increase to its dividend. T-Mobile just introduced a dividend to shareholders last year for the first time… In the wake of Analyst Day, analysts at Evercore raised their price… Continue Reading…

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Stocks

“3 Magnificent S&P 500 Dividend Stocks Down 22%, 35%, and 45% to Buy and Hold Forever”

September 18, 2024

“…1. United Parcel Service There’s no getting around the fact that the wind-down of the COVID-19 pandemic has proven challenging for United Parcel Service (NYSE: UPS). The stock soared in the wake of a wave of online shopping, but the return of… Continue Reading…

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Economy, Personal Finance

“44% of workers are ‘cautiously optimistic’ about meeting retirement goals, CNBC poll finds. Here are key planning steps at every age”

September 9, 2024

“Almost half, 44%, of workers in a new CNBC poll are “cautiously optimistic” about their ability to meet their retirement goals, and 27% say they are “realistic” about that happening.  About half, 52%, of millennials and 47% of Gen Xers… Continue Reading…

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Economy, Personal Finance

“40% of workers are behind on retirement planning. Not saving earlier was the biggest mistake”

September 9, 2024

“…In fact, 4 in 10 American workers — 40% — are behind on retirement planning and savings, largely due to debt, insufficient income or getting a late start, according to a new CNBC survey, which polled more than 6,600 U.S. adults in early August. Older… Continue Reading…

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Economy, Personal Finance

“Only 37% of American workers feel good about their retirement savings…”

September 9, 2024

“…That’s according to CNBC’s August 2024 Your Money retirement survey conducted with SurveyMonkey, which found that only 37% of non-retired Americans are either “on schedule” or “ahead of schedule” with their retirement investments. Considering that more than half of Americans say they’re… Continue Reading…

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Real Estate

“Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again”

September 5, 2024

“The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.43% from 6.44% Applications for a mortgage to purchase a home did rise 3% for the week but are still 4% lower… Continue Reading…

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Stocks

“Shares of Temu parent company PDD plunge almost 29%; ‘too large a correction’, says analyst”

September 5, 2024

“The nearly 30% drop in shares of Chinese online retailer PDD Holdings is “too much of a correction,” according to Shaun Rein, founder and managing director of the China Market Research Group. Speaking to CNBC’s “Street Signs Asia,” Rein said… Continue Reading…

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