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X @Bloomberg
Bloomberg· 2025-06-29 10:55
The US government has lifted sanctions that had held up Hungary’s planned expansion of its Paks nuclear plant, Foreign Minister Peter Szijjarto said Sunday https://t.co/HpESqx7m7N ...
X @The Wall Street Journal
The Wall Street Journal· 2025-06-29 02:09
It was like a scene out of “White Lotus,” writes columnist Julie Jargon. A group of female friends tried to plan a trip in a group chat. Things went sideways. 🔗 https://t.co/gHe8hCdYBj https://t.co/9uy7aHCW5O ...
Saving for retirement: How tax-advantaged accounts can help build wealth
Yahoo Finance· 2025-06-28 20:00
Schwab Center for Financial Research managing director of financial planning, Rob Williams, joins Mind Your Money with Brad Smith to share some tax-efficient strategies to maximize your retirement savings. To watch more expert insights and analysis on the latest market action, check out more Mind Your Money here: https://finance.yahoo.com/videos/series/mind-your-money/ #youtube #stocks #retirement About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resou ...
AI isn’t ready to be your financial planner…yet.
Yahoo Finance· 2025-06-28 19:30
A year ago, if you had asked me whether you should use AI for your retirement plan, I would have said absolutely not. But fast forward a year and I'm beginning to think that it's getting closer and closer to the point where it might be okay to start using it for your retirement planning. Uh curious for your thoughts given that Betterment is well known as a robo adviser.I would be cautious about using it for personalized financial advice right now. I think where we've seen a lot of adoption and we're seeing ...
How the Fed's interest rate decision affects your money, mortgage rates, and credit card debt
Yahoo Finance· 2025-06-28 00:30
Well, Federal Reserve officials are split on whether an interest rate cut in July is on the table depending on whether the FOMC holds rates steady or reduces the benchmark rate. What does that outcome mean for your everyday finances. Here to explain and discuss further, we've got Rob Conzo, who is the Wealth Alliance CEO.Rob, good to have you here with us. How does the Fed's benchmark rate affect people's personal finances. Great to be with you, Brad.Um, it's a very misunderstood rate. It's the red the rate ...
Nike Stock Surges as Q4 Results Show Turnaround Plan Progressing
Investopedia· 2025-06-27 16:41
Core Insights - Nike shares surged 15% after beating fiscal fourth-quarter estimates, indicating positive market reaction to the company's performance [2][5] - The company reported smaller-than-expected declines in revenue and profit, suggesting progress in the turnaround plan led by new CEO Elliott Hill [2][5] - CFO Matt Friend indicated that Nike anticipates up to $1 billion in additional costs due to tariffs, as the company shifts sourcing away from China [3][5] Financial Performance - Nike's revenue and profit fell less than expected year-over-year, reflecting the effectiveness of the ongoing turnaround strategy [2][5] - Analysts from JPMorgan raised their price target for Nike stock to $64 from $56, while the average price target from analysts tracked by Visible Alpha is nearly $77 [4] Market Reaction - The stock's 15% increase was larger than what options traders had anticipated, positioning Nike as a leading gainer in the S&P 500 [5] - Nike's shares are now within 5% of their starting point for the year, indicating a strong recovery trajectory [5]
Barclays vs. HSBC: Which Global Bank is the Smarter Buy Today?
ZACKS· 2025-06-27 16:11
Key Takeaways BCS is cutting costs and streamlining operations, with 2 billion euros in savings expected by 2026. Barclays is reinvesting in high-growth markets, including India, and payments via Brookfield. BCS earnings are forecast to grow 21.2% in 2025 and 23.3% in 2026, outpacing HSBC's outlook.Barclays PLC (BCS) and HSBC Holdings PLC (HSBC) are often the first names that come to mind when discussing prominent foreign banks. Both are based in London and have been streamlining their operations to enhan ...
X @Bloomberg
Bloomberg· 2025-06-27 13:08
Costly climbdowns on big policy plans are starting to raise questions about the job security of UK Chancellor Rachel Reeves https://t.co/hqier0nxqV ...
X @Investopedia
Investopedia· 2025-06-27 13:01
According to a report released this week by retirement provider Vanguard, 18% of workers eligible for a retirement plan through their employer are not enrolled. https://t.co/yzxpcN0Spx ...