Three of the major banks are reporting their fourth-quarter financial results before the markets open on Friday. In general, financial stocks have made solid gains through the end of 2016, with a tremendous tailwind from the Trump rally. Considering a recent rate hike from the Federal Reserve, with potentially more to come, this sector could just be getting started. But for now we can see if this....more>>>
U.S. equities finished mixed on Tuesday, hitting fresh all-time highs early in the session before some selling pressure hit the tape and prices drifted lower. There is no major catalysts in play, just a continuation of recent themes: Vague positive feelings about President Trump’s plans, relatively strong quarterly results and a comfortable impression that the Federal Reserve isn’t in....more>>>
Most Americans aren’t saving enough for retirement and worse, many are off to a late start. Since 2011, the annual percentage of U.S. workers with less than $1,000 in savings and investments for retirement has ranged from 26% to 36%.
See Also on Kiplinger: 8 Social Security Myths Debunked
These low savings levels are taking a toll on nest eggs. One estimate puts the ideal retirement....more>>>
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Vivint Solar, Inc. (NYSE: VSLR) reported third-quarter financial results after markets closed on Tuesday. The company said that it had a net loss of $0.36 per share and $41.3 millionin revenue. The consensus estimates from Thomson Reuters called for a net loss of $0.45 per share and $43.48 million in revenue. The same period from last year had a net loss of $0.47 per share and $22.47 million in....more>>>
The U.S. Dollar (NYSEARCA:UUP) Index has finally given us a powerful breakout from its contracting range. The dollar index ended the week with gains of more than 1.6 percent after the latest Fed minutes revealed that “a rate hike could be expected relatively soon.” The Fed officials, who next meet on November 1-2, before the U.S. election on November 8, are contemplating raising the....more>>>