LOS ANGELES, CALIFORNIA - AUGUST 20: The exterior sign of a Lowe's home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat fiscal second-quarter earnings expectations, but missed on sales and cut its full-year outlook blaming inflation. (Photo by Eric Thayer/Getty Images)Eric...
A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images).Nurphoto | Nurphoto | Getty ImagesGermany's Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the industrial powerhouse flagged...
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania.Paul Weaver | Lightrocket | Getty ImagesWalmart will report earnings before the bell on Tuesday, as inflation eases and the holiday season heats up.Here's what the discounter is expected to report for the fiscal third quarter,...
Hispanolistic | E+ | Getty ImagesCrypto investors could face higher taxes amid the surging price of bitcoin. But if you're in the 0% capital gains bracket, you can reduce future taxes with a lesser-known strategy, experts say. The tactic, known as tax-gain harvesting, is selling profitable crypto in a lower-income year....
Check out the companies making headlines in midday trading: Spirit Airlines — Trading in shares of the discount airline was halted on Monday after Spirit filed for bankruptcy . Trump Media & Technology Group — Shares in President-elect Donald Trump's media company pulled back roughly 5%. Although the stock...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Eight years ago, I was at a conference and one of the speakers said, “If you provide optimum service to your clients, you’ll have a 98% retention rate, but if you ignore them, it [only] drops to 94.” While there’s a dark truth to that statement, the flip side is...
The Mobil logo and gas prices are displayed at a Mobil gas station on October 28, 2022 in Los Angeles, California.Mario Tama | Getty ImagesCheck out the companies making headlines in premarket trading.Plug Power — The battery stock added nearly 6% after the company projected a sharp rise in...
<p>The S&P 500 Index (SPX) is up about 20% over the past 52 weeks, but it has not seen an all-time high since the first trading day of 2022. That’s 443 trading days without a new high. Since the Great Depression, there have only been seven other streaks of...
An upcoming webinar will explore how to be a better advisor and “amplify your impact” across your business. The Advisor Insights Lab, hosted by InvestmentNews and sponsored by Thrivent Advisor Network, will bring together industry leaders from Thrivent Advisor Network, Mission Wealth, Parable Wealth Partners, Advent Partners, The American College...
Advisors from two separate firms are joining forces to launch a new office for Totus Wealth Management, which has been affiliated with Cetera since 2021. The metro Atlanta office brings together Raymond Bardoul and Brian Fox with a combined $327 million in assets under administration. Bardoul was previously with MML...
The 76 million who make up the youngest American adults have values and priorities that are very much their own and advisors hoping to engage with them will need to recognize this. A new study from Edward Jones reveals that those aged 18-34 are having a tough time right now...
BMO Financial has announced some leadership changes within its Capital Markets and Investment & Corporate Banking groups. The catalyst is the retirement of long-time CEO and group head of the Capital Markets business, Dan Barclay, who will step down from the role at the end of this month but will...
