‘A million bucks isn’t what it used to be’: What if the great wealth transfer we’ve been waiting for isn’t so great?
The expected inheritance of trillions of dollars could get eaten up by healthcare, taxes and longevity.
Author: Wine and Stocks
Social Security’s COLA seen as shrinking in 2025 to 2.6%
The average COLA over the last 20 years has been about 2.6%, according to the Senior Citizens League.
Applied Materials, boosted by AI, is well positioned heading into 2025, analysts say
Semiconductor-equipment maker Applied Materials Inc. is well positioned after reporting better-than-expected third-quarter results Thursday, analysts say.
How to time Social Security if your spouse earns more than you do
Also: Fascinating results from Walmart, what to sell when you have to withdraw from a retirement account and several investment ideas.
DraftKings stock continues run as company scraps ‘terrible idea’ of a gaming tax surcharge
DraftKings rival Flutter, which operates FanDuel, said it wouldn’t create a ‘surcharge for winners’
Dillard’s stock slides 8.5% after earnings miss as consumers continue to shun clothing purchases
By category, cosmetics was the strongest performer, while mean’s clothing, accessories and shoes were the weakest.
Schwab adds 327,000 clients in July, while assets climb 2% from prior month
Charles Schwab’s stock is rising as the company cites momentum in reaching its long-term historical growth range of 5% to 7%.
Performance Food Group’s stock pops after announcing profit beat and latest deal
Performance Food Group Co.’s stock jumped 36% early Wednesday, after the food and foodservice distribution company anounced its latest acquisition and posted better-than -expected fiscal fourth-quarter profit.
Why the bull market in stocks can continue despite a brutal start to August
“The pullback in August doesn’t need to be the start of something worse,” said Angelo Kourkafas, a senior investment strategist at Edward Jones.
Home Depot’s stock bounces as home improvement demand may have just bottomed
Home Depot’s stock reversed into the green Tuesday, after the home improvement retail giant reported fiscal second-quarter comparable sales that were worse than forecasts, but implied that lower interest rates could spark interest in large projects.
