In this exclusive interview, StockCharts’ David Keller, CMT, sits down with Jessica Inskip, Director of Education and Product at OptionsPlay. Jessica shares an informative overview of the Cash-Secured Put Strategy,…
Dow slips for first losing day in nine as consumers’ expectations for inflation rise
The Dow Jones Industrial Average slipped on Monday, snapping an eight-day winning streak, as traders grappled with rising inflation expectations ahead of key reports due later in the week. The 30-stock Dow…
Is it time to rethink the 4% retirement withdrawal rule? Experts weigh in
When it comes to spending money in retirement, there’s one rule of thumb — the 4% rule — that has persisted for decades. The 4% withdrawal rule calls for retirees to withdraw that portion…
Comcast to bundle Peacock, Netflix and Apple TV+ at a ‘vastly reduced price’
Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle — with Peacock, Netflix and Apple TV+ — offered at a deep discount, Comcast chief Brian Roberts said.…
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of sales and marketing at Amazon Web Services,…
Red Lobster closing at least 99 locations as its future comes into question
At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a post Monday on LinkedIn, Neal Sherman, founder and…
Silver lining for consumers: Food price growth has gone flat and other prices are falling
Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer worries as the costs of housing and other…
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking to the…
Federal student loans this fall will have the highest interest rate in more than a decade
The interest rate on many new federal student loans is set to rise to its highest level in more than a decade next year as lenders throughout the economy seek…
House Republican demands Garland appoint special counsel to investigate Biden over stalled Israel aid
Rep. Claudia Tenney, R-N.Y., is demanding that Attorney General Merrick Garland appoint a special counsel to investigate President Biden for stalling military aid to Israel. In a letter to Garland…