Real Estate vs. Stocks: Where Should You Invest Your Money?
Category: Investing Total Views: 413By : Owen Jenkins Updated: 07-17-2024
Real Estate vs. Stocks: Deciding the Best Investment for You
The world of investing can be a daunting one, especially for beginners. Deciding where to allocate your hard-earned money requires careful consideration of various factors like risk tolerance, financial goals, and investment time horizon. Two titans of the investment landscape – real estate and stocks – often vie for the attention of aspiring investors. But which one is the better fit for you?
This ... Read More
Summer Steel Prices Dip, Q2 Earnings Impacted
Category: Business Total Views: 217By : Dylan Bailey Updated: 07-16-2024
Decline in Second-Quarter Earnings for Top U.S. Steelmakers
Bracing for a drop in second-quarter earnings are top U.S. steelmakers. Lower profitability is expected by analysts for Nucor, Steel Dynamics, and U.S. Steel. The major decline in steel prices helps to explain this trend. A supply excess has driven the price fall. Demand has been lapped by domestic manufacture and imports. Distributors have been slow to buy additional supplies. They would rather keep inventory levels as-i... Read More
Fed Rate Cut Prospects Unchanged Amid Steady Retail Sales
Category: Economy Total Views: 92By : Olivia Taylor Updated: 07-16-2024
June Retail Sales Remain Steady Amid Economic Resilience
U.S. retail sales stayed the same in June, proving consumer resilience and bolstering second quarter prospects for economic growth. Strength in other areas more than balanced a drop in auto dealership receipts. May's sales turned out to be higher than first projected, according the Commerce Department. This information fits the theory that, as inflation cools, the Federal Reserve might start lowering interest rates in Se... Read More
New Law Spurs Musk to Move X and SpaceX to Texas
Category: Business Total Views: 168By : Thomas Cooper Updated: 07-16-2024
Elon Musk Moves X and SpaceX Headquarters to Texas
Elon Musk said he is shifting X's and SpaceX's headquarters from California to Texas. Musk's continuous criticism of California's business environment shapes this choice. He has voiced doubts about several rules and policies. As he had already relocated Tesla's headquarters to Texas in 2021, the new action fits his past behavior. Recent California legislation on gender identity affected Musk's choice. He se... Read More
Small Caps Rally, Russell 2000's Best Streak Since 2000
Category: Markets Total Views: 195By : Kelly Martin Updated: 07-16-2024
Wall Street Stocks Surge as Dow Jones Hits All-Time High
Wall Street stocks surged, which drove Tuesday's all-time high Dow Jones Industrial Average. Strong U.S. retail sales data attracted favorable responses from investors The statistics confirmed the belief that the Federal Reserve's rate-hiking cycle is almost over. This easing might help to lower inflation without starting a recession. On the day, all three of the main U.S. stock indexes progressed. But limited Nasdaq... Read More