Investing News

Traders on the floor of the NYSE, Aug. 11, 2022. Source: NYSE As the market reacted in alarm to Federal Reserve Chair Jerome Powell’s hawkish comments and determined tone on Friday, I struggled to retrieve an analogous situation that ended well. My conclusion is that, although we have experienced a bear-confirming drop of over 20%

Welcome one and all to the 100th episode of the Investopedia Express. We are so grateful to all of you for listening and to all of our guests who’ve climbed aboard the Express to make us smarter every single week. Now let’s get down to business, and we got a wake up call to end

After four days of again registering above the 6% bar, rates on 30-year mortgages eased lower Friday, ending the week almost exactly where they were the previous Friday. Today’s National Mortgage Rate Averages Last Monday, the 30-year average climbed back above 6% for the first time since mid-July, and stayed there until Friday, when it

Whether you’ve done it before or not, the challenge of buying a home can be incredibly daunting. It’s tempting to either just go with the first place that falls in your price range or continue to rent. To help you demystify the process and get the most out of this purchase, let’s examine what you’ll

Who We Are Since Investopedia was launched in 1999, we’ve made it our mission to simplify complex financial information and decisions for our readers, giving them the confidence to manage every aspect of their financial life. Our millions of users come to us from all over the world and from all walks of life. Some

The U.S. labor market will be in the spotlight this week, as upcoming reports could provide insights into how the Federal Reserve’s agenda of rate hikes to address inflation is impacting the job market. On Tuesday, the Bureau of Labor Statistics (BLS) is set to release its monthly Job Openings and Labor Turnover Survey (JOLTS) report tracking hires, quits,

When most people hear the term financial services sector, the first thing they’re likely to think of is the hustle and bustle of Wall Street. However, there’s more to the industry than just stock trading and investment services. In fact, the financial services sector includes a broad array of different types of financial services companies.

A restricted stock unit (RSU) is a form of stock-based compensation used to reward employees. Restricted stock units will vest at some point in the future and, unlike stock options, will have some value upon vesting unless the underlying company stock becomes worthless. RSUs can be an important part of your clients’ compensation packages. They can

Certificates of deposit (CDs), whether purchased online or at a brick-and-mortar bank, are perfectly safe places to stash your cash as long as you follow these rules: Make sure the money in your CD is federally insured against losses by either the Federal Deposit Insurance Corp. (FDIC) if it’s a bank or by the National

Certificates of deposit (CDs) are widely available and easy to buy. You can open a CD online in a matter of minutes or in person at almost any bank or at your credit union. However, there are a number of things to consider before you commit. Key Takeaways Opening a certificate of deposit (CD) with

While stuffing cash under a mattress may seem like the easiest solution, your local bank or credit union offers better and safer options. Either a traditional savings account or a certificate of deposit (CD) would earn some interest. At nearly all U.S. banks and credit unions, your money in either a CD or a savings

If you borrowed money to pay for school, your first question might be how best to pay off your student loans. The short answer is that there’s no magic bullet, but there are definitely things you can do to make paying back education debt easier. Student loan debt reached an all-time high of $1.61 trillion

If you’re traveling to the U.S. and plan on arriving in Los Angeles (LA) at LAX airport, you’ll likely need U.S. currency for cash purchases, such as a coffee or bottle of water. If you’re traveling abroad from the U.S, you may want to have foreign currency on hand to pay for taxis and small

Selecting the best brokers for international trading ultimately comes down to who has the most products in the most markets, but we also judge the best international trading platforms in terms of their quality and tools. Interactive Brokers (IBKR) emerges once again as the overall winner with the best online broker for international trading and

Whether we admit it or not, taxes drive a lot of our personal finance decisions. Avoiding or lowering them can influence where we choose to live, what kind of car we buy, where we send our children to school, whether we purchase a house, and many other everyday decisions. Everyone tries to limit the amount

The Golden (Nest) Egg What is the size of the average retirement nest egg? It depends on what you mean by “average.” A 2019 analysis of more than 30 million retirement accounts by Fidelity Investments found that the average balance in corporate-sponsored 401(k) plans at the beginning of 2019 was $103,700. For traditional, Roth, and

When it comes to your retirement accounts, comparing how much you have saved with the national average can help you benchmark your savings. For most employees, an employer-sponsored 401(k) account is a significant piece of their retirement planning. Knowing how the balance in your 401(k) stacks up against the averages for your age range may

Intel Foundry Services will manufacture multiple chips for MediaTek for a range of smart edge devices, the two companies said on Monday. Fabian Bimmer | Reuters Markets are expected to remain volatile for the remainder of the year or at least until inflation shows some sign of stabilizing without jeopardizing economic growth. Indeed, stocks sold

When contemplating an investment, few questions are as important as “What is your time horizon?” The answer can help you decide what type of investment vehicle you should consider, which investments to avoid, and how long to hold your investment before selling. It is important to note that the passage of the Setting Every Community Up

Certificates of deposit, or CDs, have become such a familiar financial product that it may seem like they’ve been around forever. They actually date back to the early 19th century in the United States, although their roots go back much farther. Key Insights Banks in the U.S. have been issuing certificates of deposit since the