The recent market crash wasn't kind to cannabis stocks. The industry benchmark, the Horizon Marijuana Life Sciences ETF (OTC: HMLSF), is down by 29% since the beginning of the year. And while many will choose to avoid cannabis stocks altogether, others looking to dip their toes
Every month, more than 64 million people receives a Social Security benefit check, of which roughly 70% are retired workers. For these retirees, 62% lean on their payout to account for at least half of their income, with 34% reliant on Social Security for a whopping 90% to 100%
The COVID-19 pandemic, along with Saudi Arabia and Russia's war for global market share dominance, has brought much of the oil industry to its knees. We've already seen some companies go bankrupt just a couple of months into the downturn, and more bankruptcies are on the way as
Starbucks (NASDAQ: SBUX) will be giving its customers exactly what they want when the company reopens its stores. Coffee? Yes. But also social distancing. The coffee shop giant said in its earnings call this week that it is putting the focus on drive-through, curbside delivery,
Warren Buffett is considered by many to be the best investor of all time. For more than five decades, Buffett has generated incredible returns for shareholders of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the company he helped build into a $440 billion masterpiece of Ameri
If you're looking to build and grow wealth, you may be under the impression that it's a complicated process. The truth is, these three steps will take you a long way to building long-term wealth.
The proliferation of the coronavirus disease 2019 (COVID-19) has presented the United States with a series of never-before-seen challenges. With more than 1 million confirmed cases leading to over 58,000 deaths, most U.S. states have had little choice but to shut down nonessenti
Stocks were essentially flat last week. Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) shed less than 0.3% as first-quarter earnings reports started flooding in. Indexes are lower by over 12% so far in 2020 but have recovered signi
Warren Buffett has bailed on the airlines, with Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) selling its entire stakes in Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), American Airlines Group (NASDAQ: AAL), and United Airlines Holdings (NASDAQ: UAL).
What happened
Shares in automotive technology company BorgWarner (NYSE: BWA) rose by 17.2% in March, according to data provided by S&P Global Market Intelligence. The move marked a bounce in confidence in the marketplace regarding prospects for the global economy in 2020.
Warren Buffett is the most closely followed investor in the world, and every year, shareholders of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) look forward to hearing what the Oracle of Omaha has to say. Because of the coronavirus pandemic, however, the tens of thousands of p
Perhaps early retirement was a possibility for you one year ago. And now? Well, it's tough to say. Your retirement balance has likely been hit by pandemic-related market volatility, and you might be worried about losing your job, too. All around, it's a stressful situation with
Israel's largest bank is paying hundreds of millions of dollars in penalties after helping U.S. taxpayers hide more than $7.6 billion in offshore accounts.
Demand for refined petroleum products like gasoline and diesel have plunged because of the COVID-19 outbreak. That's having a significant impact on oil refiners like Phillips 66 (NYSE: PSX), which lost money refining oil during the first quarter.
The coronavirus pandemic that Saudi Arabia used to launch an all-out war for global market share has turned into an absolute rout. Nearly every corner of the oil world has been affected, and billions of dollars in investor capital has already been destroyed. Eventually the marke
The COVID-19 crisis has been nothing short of a nightmare. Millions of Americans have already lost their jobs because of it, and right now, countless small businesses across the country risk never managing to open their doors again. As such, many adults are stressed out beyond b
There are always opportunities available in the market. Even amid the current COVID-19 pandemic, there are businesses poised to emerge stronger from the turmoil -- and deliver handsome rewards to their investors.
So far, 2020 hasn't been a good year for oil producers. And it's been an absolutely lousy year for U.S. shale oil producers. So, what should investors think about the top producer in North Dakota's Bakken Shale, Hess Corporation (NYSE: HES)?
The past couple of months have been downright awful for mortgage real estate investment trusts (REITs). Even agency REITs, which invest almost entirely in mortgage-backed securities guaranteed by the U.S. government, have seen decreases in book value and deleveraging.