Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesNextEra Energy is considering restarting a nuclear plant in Iowa as demand for carbon-free energy grows amid a historic surge in electricity consumption.The Duane Arnold Energy Center in Palo, Iowa ceased operations in 2020 after 45 years of service. NextEra CEO...
Category: Investing
IMF sees ‘bumps’ in path to lower inflation
The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple Federal Reserve interest rate cuts this year. In its latest World Economic Outlook update, the IMF said "the momentum on global disinflation is slowing, signaling bumps along the path." The rise...
Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024.CNBCBerkshire Hathaway, an early investor in BYD thanks to the late Charlie Munger, continued to trim its massive stake in China's biggest electric vehicle maker.Warren Buffett's conglomerate has sold an additional 1.3 million Hong...
Top Wall Street analysts see attractive prospects for these 3 stocks
Investors are grappling with a host of mixed signals as recent data suggests the economy may be softening and the S&P 500 surges to new highs.As investors navigate this complicated environment, they may turn to research from top-rated Wall Street analysts as they search for stocks with strong balance sheets...
Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
How's your 401(k) looking? A new report shows Americans are saving more, but probably need to do even more. Vanguard has released its annual report, How America Saves 2024. Vanguard and Fidelity are the two biggest sponsors of 401(k) plans, and this is a snapshot of what nearly five million participants are doing...