Violetastoimenova | E+ | Getty Images Financial advisors will soon — and for the first time — hold more of their clients’ assets in exchange-traded funds than in mutual funds, according to a new report by Cerulli Associates. Nearly all advisors use mutual funds and ETFs — about 94% and 90% of them, respectively, Cerulli […]
I loved many things about my family’s recent trip to Mexico, like the mossy trees we saw while driving past the Veracruz montane forests. Or the ancient pyramids of Tajín, with seashell-imprinted steps ascending into the sky. Or the food. The FOOD. Pineapple-kissed al pastor, tender carnitas, fried gorditas de papas, and fluffy tamales steamed […]
Check out the companies making headlines in midday trading: Teva Pharmaceuticals , Sanofi — Shares of Teva Pharmaceuticals and Sanofi rose more than 23% and 6%, respectively, after the companies announced positive Phase 2b results for duvakitug, their joint treatment of moderate to severe inflammatory bowel disease. Pfizer — Shares traded around 4% higher on […]
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Traders work on the floor at the New York Stock Exchange on Dec. 10, 2024. Brendan McDermid | Reuters The Dow Jones Industrial Average has been declining for nine straight days, heading for its longest losing streak since February 1978. What is going on and how concerned should investors be? First off, let’s explain which stocks […]
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Renovating your garage is a fantastic investment that transforms a basic storage space into a functional and appealing part of your home. However, the timing can significantly impact the cost and the project’s efficiency. Factors such as demand for services, weather conditions, and material availability all vary seasonally, which makes some seasons better than […]
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Check out the companies making headlines in premarket trading. Pfizer — The drugmaker’s stock climbed more than 2% in premarket trading after the company released 2025 forecast that met Wall Street expectations . Pfizer said it expects revenue between $61 billion and $64 billion next year, compared with a consensus estimate of $63.2 billion, per FactSet. Red […]
Laylabird | E+ | Getty Images A popular retirement strategy known as the 4% rule may need some recalibration for 2025 based on market conditions, according to new research. The 4% rule helps retirees determine how much money they can withdraw annually from their accounts and be relatively confident they won’t run out of money […]
