(Bloomberg) — The Federal Reserve won’t be the only one announcing a taper on Wednesday. The Treasury Department, for the first time in more than five years, will likely unveil a scaling down of its behemoth quarterly sale of longer-term securities. In time, the Treasury’s reduction in issuance of coupon-bearing debt — notes and bonds […]
Read MoreBetween 2003 and 2008, the value of the U.S. dollar fell compared to most major currencies. The depreciation accelerated during 2007 and 2008, impacting both domestic and international investments. Currently, the dollar is strong and is well above the average for the past 10 years. The dollar’s strength reflects a robust U.S. economy, low Federal Reserve […]
Read MoreAvis Budget Group Inc. could crush third-quarter earnings expectations but the stock could still sell off, just like what happened last quarter, as the view “this is as good as it gets” for some on Wall Street seems “logical,” according to Deutsche Bank analyst Chris Woronka. The car rental company CAR is scheduled to report […]
Read MoreThe stock market’s record run is poised to gain steam in the weeks ahead — if history is any indication. The start of the holiday season is typically a strong time of year on Wall Street, a pattern that analysts point to as a reason to remain optimistic that the stock market will remain at […]
Read More3 ways to reduce student loan debt before Biden’s payments freeze ends Americans who were worried about federal student loan payments resuming in October stopped sweating after President Joe Biden’s administration decided to extend the freeze on payments and interest for an additional four months. That means the roughly 42 million federal student loan borrowers […]
Read More9 ways Warren Buffett’s frugal habits can help you save money like a billionaire He might have billions of dollars to his name, but unlike other celebrities and financial gurus, Warren Buffett prefers to live life simply. The investing icon practices what he preaches when it comes to financial discipline, saving and paying off debt. […]
Read MoreTernium S.A., through its subsidiaries, manufactures and processes various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. It operates through two segments, Steel and Mining. The Steel segment offers slabs, billets and round bars, hot rolled flat products, merchant bars, reinforcing […]
Read MoreAs Europe enters the heating season with natural gas inventories at the lowest level in a decade, policymakers, consumers, and industries are left at the mercy of the weather, hoping for a mild winter to avoid further tightening of the already tight European gas market. Following the colder than usual 2020/2021 winter, Europe has been […]
Read MoreQuick: if you had to pick one automotive business to invest in for a lifetime, what would it be? Ford Motor (NYSE:F) is as valid a response as any. For many generations, F stock has provided reliable returns. Ford (F) trucks lined up on the lot of a Ford dealership. Source: Jonathan Weiss / Shutterstock.com […]
Read MoreIt’s easy to sour on equities like Nio (NYSE:NIO). The so-called Tesla (NASDAQ:TSLA) of China shot up more than 3,000% between March 2020 and January of this year. Investors were no doubt dreaming of mammoth gains in 2021 with a growth curve that would make them feel like Elon Musk. NIO stock: A shot from […]
Read More