|
Cavs face decisions on James Harden, Donovan Mitchell and Kenny Atkinson after Knicks' sweep The New York TimesWhat's next for Cavaliers? No one is safe after going all in, so what does that mean for LeBron James? CBS SportsWhat's next for the Cavs? A lack of control — and a frustrated owner — complicates things The New York Times‘Didn't give ourselves a chance': Cavs react to season-ending loss FOX 8 News
|
|
An Election Denier Might Be Georgia's Next Governor The New York TimesEverything to know about Georgia's June runoff election Atlanta News FirstWho leads the Georgia governor runoff? New polls released after primary Savannah Morning NewsRunoffs go off: What's settled and unsettled in Georgia's midterm primary elections WABEExplore how your community voted i
|
|
ADWEEK spoke to Ben & Jerry's co-founder Ben Cohen about his activism, sticking to his brand mission, and the case for preserving independence.
|
|
Texas' raucous primary runoffs end today. Here's what to watch. The Texas Tribune5 Races to Watch in Texas Runoffs on Tuesday The New York TimesTexas runoff Election Day 2026 key races to know for El Paso voters El Paso TimesDaily Briefing: A Texas election to watch USA Today2026 Texas primary runoff election results CBS News
|
RELATED ARTICLES | | |
|
Trump demands more countries sign Abraham Accords as part of Iran deal France 24A ruse, a brave gamble or a fantasy? Why Trump's most puzzling Iran move yet is unlikely to work CNNTrump says it should be ‘mandatory' for more countries to join the Abraham Accords as part of Iran deal NBC NewsTrump asked Muslim leaders to sign peace deal with Israel after Iran war ends Axios
|
|
Ferrari shares fall 7% after luxury carmaker launches first fully electric vehicle CNBCFerrari unveils Luce its first fully electric car BBCFerrari Launches $640,000, Jony Ive-Designed, Glass-Clad Electric Speedster WSJFerrari unveils its first electric car - and it comes with a $640,000 price tag CNN
|
|
"The sister claims she does not have to explain herself to anyone."
|
|
Asian Stocks Set to Extend Gains on US-Iran Hopes: Markets Wrap Bloomberg.comOil Prices Drop on Prospect of Iran Deal, but Investors Aren't Celebrating Yet WSJOil prices mixed as U.S. military strikes against Iran cloud Middle East peace prospects CNBCWhat happens when the war really ends CNN
|
|
Global oil price gains 3% as US military strikes on Iran add to peace deal uncertainty ReutersThe new oil order that could emerge from an Iran deal AxiosWhat happens when the war really ends CNNOil prices fall 7% after Trump says Iran talks are 'proceeding nicely' CNBC
|
|
Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments.
|
|
Your life insurance monthly premium can start looking less and less appealing once you've retired. It's a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own parents. "The cost of the insurance had risen to the point where it was getting unaffordable. They were wondering do we really need to keep this coverage now that the kids are all grown up?"
If you stop paying your premiums, you lose your life insurance coverage, and your heirs wouldn't get anything back for what you've paid in. If you cancel a policy that has cash value, a reserve of money built up in some types of life insurance, the insurer sends you a check for that amount, though it will be far less than the listed death benefit.
Over the past 20 years, a third option went mainstream: selling your policy to a company, a practice known as a life settlement, with the buyer getting the death benefit when you die.
SEE MORE Don't Fall for That Life Insurance Ad on TV
"It's kind of morbid when you think about it. A group buys boatloads of policies from people that have fallen on hard times and can no longer afford their insurance," profiting from the seller's death, says Simon. "In theory, they want you to die tomorrow. If you live another 20 years, it's a bad investment for them."
Selling a life insurance policy generally isn't a great deal for you either, and there are better alternatives worth exploring. Simon finds that people typically turn to selling a policy when they're desperate. Usually, it's because they've spent down their other retirement assets, or they might be dealing with high medical bills. "It's a measure of last resort, like taking a reverse mortgage. I rarely see them working out well for people, and they could en
|
|
Investors have plenty of worries - chief among them inflation and a potential recession. But the engine that ultimately drives the stock market is corporate profits. As long as earnings growth stays on track, then corporate America—and by extension, your stock portfolio—remains on solid ground.
Which is why the recent earnings preview from FedEx (FDX) was so unnerving. While the official report for the quarter ended August 31 comes out Thursday, FedEx warned on September 15 that it would have bad news, with quarterly results severely impacted deteriorating economic trends in Asia, Europe and the U.S. FedEx stock was immediately penalized, and is down more than 20% since this pre-announcement.
The key question for every investor is whether the shipping giant is suffering from a company-specific malaise or whether FedEx's problems are a broad-market bellwether portending widespread doom. "FedEx is no ordinary economic actor, as its business literally touches every corner of the global economy" says Sheraz Mian, director of research for Zacks, an investment research firm.
A Downgrade for FDX
Analyst Colin Scarola, at investment research firm CFRA, suspects that part of the problem at FedEx is that it failed to adjust operations in its Express division (50% of revenues) as more international passenger flights, which transport some air freight as well, came back online after the pandemic-related slowdown, raising competition. "We don't doubt that some of the poor performance is related to ongoing global economic headwinds and high inflation worldwide. But the extent of the decline at Express leads us to believe that poor operational execution is also at play," says Scarola, who has
|
|
While the fall equinox is still a few weeks away, the unofficial end of summer - also known as Labor Day - is upon us. That means a three-day weekend for investors and traders. The stock market is closed for 2022's Labor Day, which falls on Monday, Sept. 5, this year.
For those that may be interested, the bond market is closed for the holiday, too.
Unlike some market holidays, however, there are no early hours ahead of Labor Day. The New York Stock Exchange (NYSE), Nasdaq Stock Market and bond market all have regular trading hours on Friday, Sept. 2.
SEE MORE Hedge Funds' 21 Top Blue-Chip Stocks to Buy Now
Also note that a thin earnings calendar typically accompanies the Labor Day holiday.
As a reminder: Labor Day is a longstanding holiday in the U.S. that celebrates the American worker. The holiday was first adopted by Oregon in 1887, and seven years later, was made a national holiday across the U.S.
Dozens of other countries have a similar celebration called International Workers' Day that falls on the first day in May.
The following is a schedule of all stock market and bond market holidays for 2022. Note that regular trading hours for the New York Stock Exchange (NYSE) and Nasdaq Stock Market are 9:30 a.m. to 4 p.m. Eastern on weekdays. The stock markets close at 1 p.m. on early closure days; bond markets close early at 2 p.m.
2022 Market Holidays
DateHoliday
NYSE
Nasdaq
Bond Markets*
Monday, Jan. 17
Martin Luther King Jr. Day
Closed
Closed
Closed
Monday, Feb. 21
P
|
|
