59% of employees not saving for retirement believe they are saving for retirement, according to Principal Financial Group. IRAHelp.com Founder & CPA Ed Slott joins Wealth! to discuss retirement plans and some of the changes that you should take advantage of. “Everybody thinks inflation is bad, and I get that because things cost more. But when it comes to taxes, inflation is great because tax brackets expand too. So more money can come out at lower rates. And the other opportunity now is the low rates… We have historic low tax rates now. So the key to anybody saving for retirement is if you have an IRA, a 401(k), remember […]
Recent Case-Shiller data reveals that home prices in the 20 largest US cities have surged by an average of 7.2% year over year. In light of this increase, Structured Finance Association CEO Michael Bright joins Wealth! to offer insights into how borrowers can potentially reduce their loan burdens. Bright emphasizes the importance of working with a broker agent and thoroughly exploring options. He advises homebuyers to “shop around” and build relationships with brokers. These connections can potentially help borrowers “get a loan at a lower rate than you otherwise would.” “I really don’t want houses to continue to be unaffordable for so many Americans, and we are at historic unaffordability […]
Former President Donald Trump has become the first US president to ever be convicted of a felony. A New York jury found the former commander-in-chief guilty on all 34 charges related to his hush money trial, a pivotal moment in American political history. However, the courts have not seen the last of Trump, as he faces additional trials on the horizon. Yahoo Finance’s Rick Newman breaks down the details, shedding light on the other criminal cases looming over the former president. #youtube #news #Trump About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you […]
On Thursday afternoon, former President Donald Trump was found guilty by a New York jury on all 34 counts tied to falsifying business records in his criminal trial. Former Federal Prosecutor Renato Mariotti joins Morning Brief to give insight into the guilty verdict and what it means for Trump moving forward with his pending cases and presidential campaign. “I think it’s very fair to say that this case was winnable for the defense, but they really pursued a very poor strategy, and I think it will be interesting to see if they repeat that similar, very Trumpian strategy in the subsequent cases,” Mariotti, who is also a POLITICO Magazine Columnist […]
Discount retailer Dollar General (DG) is getting a lift on its first-quarter earnings beat, reporting $9.91 billion in revenue ($9.88 billion expected) and adjusted earnings of $1.65 per share ($1.57 expected). Dollar General’s same-store sales have risen 2.4% year-over-year, an integral part of the store’s decision to reaffirm its full-year guidance. Loop Capital Markets Managing Director Anthony Chukumba details what retail earnings have been indicating about the US consumer and where Dollar General fits into Americans’ budgets in this inflationary environment. “Dollar General is kind of at an interesting sort of point right now because, remember, like last year was an absolute positive dumpster fire for Dollar General — comps […]
The Securities and Exchange Commission (SEC) has given approval for US stock exchanges to begin listing ether ETFs, following in the footsteps of the spot bitcoin ETFs (BTC-USD) greenlit at the beginning of 2024. But what exactly are the fundamental differences between the two major cryptocurrencies (ETH-USD) and the blockchain networks they run on? Wealth! Host Brad Smith breaks it all down. #youtube #Ether #crypto About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app […]
In Nvidia’s (NVDA) broad earnings beat reported on Wednesday, the chip giant announced a 10-for-1 stock split to be implemented for current shareholders on June 7. But what exactly is a stock split and what happens to company shares when one is approved? Wealth! Host Brad Smith gives a thorough break down of what happens to corporate stock under a split and the incentive behind one. For more of everything Nvidia, catch Yahoo Finance’s exclusive interview with CEO Jensen Huang. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. […]
Target’s (TGT) latest earnings report did not meet Wall Street’s expectations, as the retail giant reported a 3% year-over-year decline in sales and missed estimates for adjusted earnings. Storch Advisors CEO Jerry Storch joins Catalysts to discuss what these results mean for the broader state of the consumer. Storch suggests that the consumer slowdown has been brewing for some time, but its effects have been “disguised” by inflation. He notes, “The consumer is spending more and getting less, and they know it” — forcing consumers to prioritize essential expenditures like food and healthcare. With Target having “made its name around nice-to-have fun products,” Storch argues this is what is causing […]
The auto industry has faced various obstacles, from tariffs and dips in electric vehicle demand to auto worker strikes. It has also been challenging for consumers as prices for used cars have been higher, though shoppers recently felt some relief. Cars Commerce Senior Director of Industry Data and Insights Rebecca Lindland joins Wealth! to give insight into the auto industry moving forward and what consumers need to keep in mind when shopping for vehicles. On the shifts occurring in the industry, Lindland claims, “We do see some signs of stabilization. So when we look at particularly month over month, when we look at year over year, we are still seeing […]
