Check out the companies making headlines in midday trading: Intuitive Machines — Shares soared 51% after the space exploration company secured a roughly $5 billion space network contract from NASA. United States Steel — The U.S. steel producer saw shares jump more than 2% after news that a U.S....
Check out the companies making headlines in premarket trading. United States Steel — Shares advanced more than 3% after Reuters reported the Committee on Foreign Investment in the United States granted a request to push back a review of Nippon Steel's bid for U.S. Steel until after the November...
Decentralised Autonomous Organisations (DAOs) are transforming the governance structures within the blockchain and cryptocurrency spaces. Operating without central authority, DAOs promote decentralised decision-making, with the promise of democratising governance across various sectors. Fintech Review looks into their function, their role in fostering innovation, and the significant challenges they face,...
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.
Nuveen and its parent company TIAA are the latest to bring a target-date series with an annuity component to the market, a pairing that they say can make 401(k)s perform more like traditional pensions. On Tuesday the companies announced that product, a target-date collective investment trust series managed by Nuveen...
The Mega Millions jackpot grew to more than $1.6 billion on Aug. 9, 2023.Justin Sullivan | Getty ImagesThere's finally a winner for the massive Mega Millions jackpot — but the lucky ticketholder may face unexpected pitfalls, experts say.A single ticket sold in Florida matched all six numbers Tuesday night,...
Americans are so worried about Social Security running out of money, they are giving up their full retirement benefits. Only 10% of non-retired Americans plan on waiting until they’re 70 years old to receive the maximum payment from the government, according to the 2023 Schroders U.S. Retirement Survey. This includes...
Many are concerned that a deeply inverted yield curve signals a recession. When we look at the current yield curve, we see an opportunity to add exposure to fixed income. THE YIELD CURVE ISN’T NECESSARILY SIGNALING A RECESSION The most direct implication of inverted yield curve is not a recession, but...
The mantra for real estate investors has always been “location, location, location.” In the post-pandemic property environment, however, financial advisors are also increasingly being forced to choose between “public” and “private.” The iShares US Real Estate ETF (IYR), which tracks publicly traded REITS, has taken a roller coaster ride to...
S&P Global Inc. will no longer publish ESG scores along with its credit ratings, as the company adjusts its approach in response to investor feedback. The update, which took place last Friday, was triggered by expressions of confusion from investors who use S&P’s corporate credit ratings, according to a person...
There’s good news and bad news about the state of retirement savings in 2023 according to a new report from Bank of America. While some Americans are feeling optimistic and have boosted their 401(k) balances, others are struggling and been forced to take hardship withdrawals, depleting their retirement provisions. Average balances...
