American Express Company (AXP) recently introduced the American Express Essential Rewards Credit Card, which is infused with lucrative rewards that can be availed for expenses incurred on dining, retail and streaming services. The card carries a monthly fee of $9.Cardholders can earn five points per dollar spent at restaurants, cafes, bars, fast-food outlets and select food delivery services in Australia. Additionally, they can earn three points per dollar on some of the specific major streaming services, t ...

Stock picking might be challenging, with new investors often making mistakes in their selection. For those who want to play it safe and borrow some knowledge from the market legends, there is no better investor than Warren Buffett.Also known as “Oracle of Omaha,” Buffett is the CEO of Berkshire Hathaway (NYSE: BRK.A), a successful investment firm that is led by his ideology of compound investing, with stock pickings that offer dividend payments and are an optimal pick for novice and veteran stock investors ...

Dividend stocks give investors the opportunity to beat inflation. While most dividend-paying corporations raise their dividends each year, some of those growth rates regularly exceed inflation. Luckily, it’s been getting easier to beat inflation. Core PCE only increased by 2.6% year-over-year in May, indicating a potential cool down.While a stock’s dividend payout only needs to increase by the rate of inflation to keep up, some companies have maintained double-digit dividend growth rates for several years. ...

Investing in high growth stocks to buy offers an opportunity to multiply one’s wealth over the long term. While the stock market is inherently volatile, finding these hidden gems that can outperform the market can lead to substantial gains. The appeal in these companies lies in their ability to grow their revenue and earnings at an accelerated pace. For investors looking to multiply their $50,000 investment into a quarter of a million dollars by 2035, the journey will require strategic foresight. Investors ...

Most stocks present investors with two choices: growth or downside protection. A company like Nvidia (NASDAQ:NVDA) can generate sizable returns if it continues to grow. However, a slowdown in AI spending or unsavory macroeconomic conditions can result in a sharp correction. Verizon (NYSE:V) investors don’t have to worry about a sharp and sudden decline. The telecom giant isn’t going anywhere and has a 15 P/E ratio. The 6.61% yield is a big draw for Verizon, but the stock hasn’t been a good performer. Shares ...

In the latest market close, American Express (AXP) reached $230.68, with a +0.04% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.16%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.49%.Shares of the credit card issuer and global payments company have depreciated by 2.81% over the course of the past month, underperforming the Finance sector's loss of 0.22% and the S&P 500's gain of 3.22%.The investment community ...

Federal Reserve Board Vice Chair for Supervision Michael Barr testifies before a House Financial Services Committee hearing on the response to the recent bank failures of Silicon Valley Bank and Signature Bank, on Capitol Hill in Washington, March 29, 2023.The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe recession scenario while maintaining their ability to lend to consumers and corporations.Each of the 31 banks in this year's regulatory exe ...

Wagering on the top blue-chip stocks to buy on the dip might be the best way to play the current stock market trends.Blue-chip stocks typically offer a superb blend of reliability and growth potential,making them no-brainer bets for the long haul. Moreover, these stocks havebecome household names with underlying businesses that have stood the test of time. Additionally, their outperformance is shown by the Fidelity Blue Chip Growth ETF (NYSEMKT:FBCG) which has grown over 35% in the past three years, outperf ...

American Express Company (AXP) recently agreed to acquire Tock from Squarespace, Inc. (SQSP) for $400 million cash. Tock offers reservation, table management and event ticketing solutions to around 7,000 outlets, which is expected to complement AXP’s Resy business (acquired in July 2019).This will likely help customers with reservations at high-end restaurants and exclusive venues. Per the agreement, AmEx and Squarespace will also collaborate to provide additional value to small businesses using American Ex ...

After displaying relative strength in the first quarter, the financial sector and the Financial Select Sector SPDR ETF NYSE: XLF have underperformed in the second quarter, with the popular financial ETF down 1.4% for the period. Several weeks ago, a double top pattern seemed all but confirmed for the ETF. However, after weeks of consolidating, the XLF might be setting up for a bullish move and potential outperformance in Q3. Notably, the ETF has reclaimed critical simple moving averages (SMAs) like the 50-d ...