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...
Category: Investing
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...
Top Wall Street analysts favor these dividend stocks for better returns
Dividend-paying stocks can help investors bolster their portfolios and boost returns.Investors searching for these names will need to find companies that have a track record of making steady payments, backed by robust financials.Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on...