With the Federal Reserve contemplating the reduction of interest rates, the future of the U.S. economy hangs in the balance. The opinions among experts are split between the likelihood of a widespread economic decline, or even a recession, and the hopes that the central bank can prevent such a downturn and achieve a “soft landing”.
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When considering dividend stocks, one of the top picks provided by Wall Street’s top pros on TipRanks is EPR Properties (EPR). This real estate investment trust specializes in experiential properties such as movie theaters, amusement parks, eat-and-play centers, and ski resorts. EPR offers a generous dividend yield of 7.3%, making it an attractive option for
MongoDB experienced a significant surge in its shares, rising by a remarkable 16% in after-hours trading following the announcement of its healthy fiscal second-quarter earnings. The company exceeded expectations with earnings per share coming in at 70 cents adjusted, compared to the anticipated 49 cents. In terms of revenue, MongoDB reported $478.1 million, surpassing the
American Eagle, a popular apparel company, faced challenges recently as it missed Wall Street’s sales targets for the second quarter in a row. The company’s revenue of $1.29 billion fell short of the expected $1.31 billion, leading to a decline in its shares by roughly 3% in early trading. Despite this setback, American Eagle’s profit
Chinese President Xi Jinping recently conveyed a message of hope for improved relations between China and the United States during a meeting with U.S. national security advisor Jake Sullivan. Xi expressed China’s commitment to maintaining a stable and healthy relationship with the U.S., despite the escalating tensions between the two countries in recent years. Xi
As the tech earnings parade rolls along, investors are closely watching Marvell Technology. The stock surged by about 8% after hours following the company’s report of better-than-expected revenue in the latest quarter. Despite this positive news, Marvell is still down by 18% from its March high. This increase in stock value also reflects positively on
The trend of employers enrolling workers in 401(k) plans automatically has been on the rise. However, new research indicates that the outcomes of this strategy may not be as positive as once believed. Factors such as cashing out 401(k) balances when employees leave their jobs can significantly diminish the long-term benefits of policies like automatic
In recent years, ownership has taken a backseat as more Americans are opting to rent various items, ranging from cars and apartments to clothing and furniture. The rental industry has expanded and now includes a wide array of products, such as power tools, musical instruments, designer handbags, baby gear, and even funeral caskets. According to
The once-thriving discount retailer, Dollar General, experienced a significant drop in its shares on Thursday. This unexpected tumble was a result of the company slashing its sales and profit guidance for the full year. The retailer, known for catering to lower-income customers in rural areas, is facing challenges in today’s economy. CEO Todd Vasos mentioned
The landscape of cannabis consumption has undergone a significant transformation, with legal avenues for cannabis consumption now infiltrating the luxury market on Fifth Avenue in New York City. The legalization of adult-use marijuana in New York State has paved the way for licensed dispensaries to flourish, with sales exceeding $100 million last year. Shoppers can