Jason

That Fed chair Jerome Powell dropped the concept of transitory inflation in his testimony before Congress today is notable, but maybe not surprising. It’s not as though rising prices have been invisible to the many who have been paying them. The push to refer to inflation as transitory has likely been a combination of politics
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In this article LVS The dip in travel stocks following the emergence of a new Covid-19 variant is a temporary “setback” that presents some attractive buying opportunities within the sector, according to investor SpringOwl Asset Management. Travel and tourism stocks were hammered after the World Health Organization classified omicron a “variant of concern.” Several countries
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Shoppers carry purchases from a Best Buy store on Black Friday in San Carlos, California, U.S., on Friday, Nov. 26, 2021. Bloomberg | Bloomberg | Getty Images Before you grab that great deal through a store’s special financing offer, make sure you know what you are signing up for. About half of retailers offer credit
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Camille Tokerud Photography Inc. | Stone | Getty Images Your elderly mother is getting forgetful and confused. What do you do now? “Waiting until a senior’s decline is evident may already be too late,” said certified financial planner Ralph Bender, founder of Enduring Wealth Advisors in Temecula, California. When is the right time for adult
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In this article NCLH AAL BYND BNTX An American Airlines plane lands at Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images Check out the companies making headlines in midday trading Tuesday. American Airlines, Norwegian Cruise Line — Travel stocks retreated, as investors continued to weigh the risks
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In this photo illustration, a hand holding a medical syringe with words that say omicron covid-19 variant in the background. Rafael Henrique | LightRocket | Getty Images White House chief medical advisor Dr. Anthony Fauci said Tuesday that 226 cases of the highly mutated omicron Covid-19 variant have been detected across 20 countries so far,
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Getty Images Want to make more money? You may want to consider switching jobs. Some 24% of Americans said that changing jobs is the best way to get a pay boost, according to a recent online survey from MagnifyMoney of nearly 1,000 working adults. In addition, millennials were more likely than their older coworkers to
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In 2021, gold looks like a nonstarter. It has drifted down ~6% even as inflation has sped up ~6%. Is it unpopular for a reason? Not necessarily. Instead, it’s probably the result of investors focusing on other, popular investments. Disclosure: Author holds Newmont Corporation and Barrick Gold Corporation common stock But the times are changing.
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Stock futures climbed in overnight trading on Monday following a rebound on Wall Street as investors reassessed risks associated with the new omicron Covid variant. Futures on the Dow Jones Industrial Average gained 110 points. S&P 500 futures and Nasdaq 100 futures both rose 0.3%. The overnight action came after a broad-based comeback that saw
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Each day there are new headlines about cryptocurrency that concern many of us in the regulated financial sectors. From its volatility – both high and low – to lack of oversight, to conversations around decentralized finance, much of the larger narrative around cryptocurrencies seems like a far reach from the financial services space we’ve come
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In this article AMZN CBRE PLD JLL FDX UPS XPO For every Cyber Monday purchase, there is a warehouse employee packing up those soon-to-be presents. The big online shopping holiday comes amid a warehouse shortage across the United States as distribution center vacancy rates are at all-time lows. Nearly 96% of existing industrial space is
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Universal Robina Corp. (URC)—controlled by billionaire Lance Gokongwei and his siblings—has agreed to buy Malaysia’s Munchy Food Industries from private equity firm CVC Capital Partners for 1.9 billion ringgit ($454 million) as the Philippine company expands its footprint across Southeast Asia. The acquisition will add value to URC’s international product portfolio and boost its market position in
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A trader on the floor of the New York Stock Exchange (NYSE), on Thursday, Nov. 18, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures moved higher in overnight trading Sunday following Friday’s big sell-off as investors monitor the latest developments related to the Covid omicron variant. Futures on the Dow Jones Industrial Average
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Zephyr18 | iStock | Getty Images During the pandemic, rents across the country dropped – but they’re quickly bouncing back. That means many tenants, especially those who nabbed a place at a discounted rate in the last year or two, will be in store for an unpleasant surprise come lease renewal time. “Unfortunately, many renters
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