Investing News

A 401(k) plan is an employer-sponsored retirement savings plan with tax advantages for both the employee and the employer. The money accumulated in the account is allowed to grow tax-free over the years. The goal is to wait until retirement to begin withdrawing the money. It’s possible to get money out of the account before

Lower interest rates increase business investment by making it cheaper and easier for businesses to borrow money in order to finance new projects. They have much the same effect on consumers, who might act on a major new purchase or buy a home because low financing rates make it achievable. Lowering interest rates to boost

Friday’s sharp decline for stocks, spurred by concerns over a new Covid-19 variant, is not a buying opportunity, according to CNBC’s Jim Cramer. “We’re going to wake up next week and find one [case] in this country, and I’m not going to recommend anyone buy anything today until we’re sure that isn’t going to happen.

The simplified employee pension individual retirement account (SEP IRA) is a cost-effective option for small business owners who want to offer retirement benefits to their employees. The employer may also contribute to their own SEP account. As the name implies, setting up and managing a SEP IRA is streamlined compared to procedures for establishing and

NASA’s Double Asteroid Redirection Test (DART) spacecraft is put in the nosecone of SpaceX’s Falcon 9 rocket in preparation for launch. Ed Whitma / Johns Hopkins APL / NASA Elon Musk’s SpaceX is set to launch a first-of-its-kind planetary defense mission for NASA in the early hours of Wednesday morning, sending the spacecraft on its

In this article TSLA AAPL Closely watched money manager Cathie Wood told CNBC on Wednesday that Apple could have owned the driverless vehicle market by purchasing Tesla when given the chance during the electric vehicle maker’s troubled Model 3 ramp-up. “We’ve been watching Apple very carefully for years now. Because what is an autonomous vehicle?

The S&P 500 measures the value of the stocks of the 500 largest corporations by market capitalization listed on the New York Stock Exchange or Nasdaq Composite. The intention of Standard & Poor’s is to have a price that provides a quick look at the stock market and economy. Indeed, the S&P 500 index is

In this article M FTCH Betsie Van der Meer | DigitalVision | Getty Images With holiday shopping on my mind and Black Friday in plain sight, I’m laser-focused on the retail sector and its participation in my clients’ investment portfolios. Last week was big for consumers: October retail sales numbers beat expectations, and we had

Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images Cathie Wood — known for her innovation ETFs that garnered billions in inflows during the pandemic — said Ark Invest is internally

The consumer staples sector is composed of companies that produce and sell items considered essential for everyday use. Consumer staples products include household goods, food, beverages, hygiene products, and other items that individuals are either unwilling or unable to eliminate from their budgets even in times of financial trouble. As a result, these companies are viewed as

In this article RKLB A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Rocket Lab CEO Peter Beck was once confident that his company would never reuse its rockets like Elon

In this article ASTR The company’s rocket LV0007 lifts off from Pacific Spaceport Complex in Kodiak, Alaska on November 20, 2021. Astra Shares of rocket builder Astra surged in trading on Monday after the company reached orbit for the first time over the weekend. The company’s rocket LV0007 launched from the Pacific Spaceport Complex in

Retirement planning is a multistep process that evolves over time. To have a comfortable, secure—and fun—retirement, you need to build the financial cushion that will fund it all. The fun part is why it makes sense to pay attention to the serious and perhaps boring part: planning how you’ll get there. Planning for retirement starts

The SpaceX Falcon 9 rocket and Crew Dragon capsule on launch Pad 39A at NASA’s Kennedy Space Center on November 09, 2021 in Cape Canaveral, Florida. Joe Raedle | Getty Images The leadership of SpaceX’s rocket business has been shaken up, CNBC has learned, as two vice presidents have parted with the company. The changes

In this article WMT TGT CNBC’s Jim Cramer said Target, like Walmart a day earlier, should not be trading lower because the big-box retailer’s quarterly results on Wednesday were “terrific.” “It is just a conundrum to see Target down $12 [or roughly 5%],” Cramer said, referring to the stock’s premarket decline at the end of

When you’re selling or refinancing your home, it probably will be appraised to determine its current market value. The appraiser will look at factors such as square footage, materials, amenities, and condition, and evaluate these factors against comparable properties, or “comps,” that have recently sold in the area. The appraisal process is meant to be

High-rise apartment buildings at China Evergrande Group’s under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021. Qilai Shen | Bloomberg | Getty Images Asian high-yield bonds have been a hot favorite among institutional investors for the last few years. Also known as junk bonds, they are non-investment grade debt securities

In this article GM WIX NFLX SQ NVDA The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters Earnings season is drawing to a close, and companies have offered investors and analysts insight into their plans for growth in the coming

Covered call writing is generally thought of as a conservative option writing approach because the call options that are sold for the premium are not naked. Covered call writing involves owning the underlying assets – which may be stock or futures contracts – and selling the call options against that underlying position. Should the covered

CNBC’s Jim Cramer said Friday the recent market underperformance of non-tech stocks gives investors the chance to purchase names that do well when Americans spend their money. “What an opportunity to buy things that are being thrown away left and right,” Cramer said on “Squawk on the Street,” as Dow futures pointed to an over