LONDON, April 13 (Reuters) – The U.S. dollar and Treasury yields slid on Thursday and were on track for their biggest weekly declines this year, after U.S. President Donald Trump said that he would like to see interest rates stay low and that the greenback was too strong.
Shares of United Airlines (UAL) were down as much as 4.3% in trading on Tuesday after video surfaced Monday of a passenger being forcibly removed from a flight over the weekend.
US consumer confidence spiked to a 16-year high in March, according to the Conference Board’s monthly survey.
Cooler heads are prevailing on Wall Street.
Warren Buffett, famed “Oracle of Omaha” and one of the most-respected investors of all time, has amassed an incredible fortune through his work heading conglomerate Berkshire Hathaway (BRK-A). Buffett’s investment decisions are monitored so closely by the outside financial world that virtually every move he makes is pored over by analysts and widely imitated. So, when Buffett has in recent weeks turned his attention toward technology, and particularly toward new devices designed as “wearable tech,” it is a safe bet that other investors will follow his lead. What may have drawn Buffett to this area, and what is the future of wearable tech like for an outside investor?
In the final weeks of January, the Dow Jones Industrial Average hit the 20,000 milestone for the first time, and Donald Trump was sworn in at the 45 president of the United States. There were some notable moves in the most shorted stocks traded on the New York Stock Exchange between the January 13 and January 31 settlement dates, as short sellers appear to be repositioning themselves for the weeks and months ahead.
Twitter shares crashed on Thursday following the release of the company’s 4th quarter earnings report.
There is a very familiar pattern building in Nvidia (NVDA) stock and this pattern has extremely high “if/then” predictability. It’s called a parabolic rally, and Nvidia’s parabolic rally is nearly complete. It will be followed by a crash in the stock’s price.
Shares in Warren Buffett’s Berkshire Hathaway (symbols BRK.A and BRK.B) enjoyed a market-beating 2016. The lower-priced and more actively traded Class B shares surged 23.4% last year, compared with a 9.5% gain for Standard & Poor’s 500-stock index. Some who follow the company think investors can look forward to more of the same this year. Read more
Retirees have special concerns when evaluating state tax policies. For instance, the mortgage might be paid off, but how bad are the property taxes—and how generous are the property-tax breaks for seniors? Are Social Security benefits taxed? What about other forms of retirement income—including IRAs and pensions? Does the state impose its own estate tax that might subtract from your legacy? The answers might just determine which side of the state border you’ll settle on in retirement.