The economic disaster being brought on by the COVID-19 pandemic continues. Initial jobless claims surged to over 6.6 million on a seasonally-adjusted basis in the last week of March, and shelter-in-place orders remain in effect to combat the further spread of the contagion. The
Amazon (NASDAQ: AMZN) has shined during the coronavirus pandemic as Americans have been forced to place added orders for delivery to find the supplies needed to spend an extended period at home. The retailer has had its stumbles -- it has struggled to keep toilet paper, hand san
Stocks have tumbled since mid-February. The S&P 500 is down about 27% from Feb. 19, taking all sorts of industries down with it. Investors are grappling to understand how travel restrictions, store closures, stay-at-home orders, and other headwinds resulting from the pandemi
The rapid spread of the COVID-19 pandemic over the past several weeks has dealt a massive blow to airlines around the world. In the U.S., traveler throughput at TSA checkpoints has been down more than 90% year over year for more than a week.
Taxpayers across the nation rejoiced last month when they got the news that they'd have extra time to file their tax returns for the 2019 tax year. Ordinarily, the usual April 15 deadline would have applied to getting your returns in on time, but because of the coronavirus pande
One of my investing resolutions this year was to increase my portfolio's exposure to the renewable energy megatrend. I'm doing that by purchasing a basket of stocks focused on that opportunity.
In deciding where to invest, the choice between Nike (NYSE: NKE) and Under Armour (NYSE: UA) (NYSE: UAA) is clear-cut. Their paths have clearly diverged, with one going in the right direction while the other has stumbled.
Peer pressure may have incited you to wear acid-wash jeans in the '80s or drink beer even when you didn't like the taste. But don't let peer pressure affect your retirement portfolio. Just because it feels like everyone else is making moves in their 401(k) doesn't mean you have
It would be an understatement to say March was a rough month for the energy sector. Crude prices cratered a stunning 54% for the month due to the dual shockwaves from the COVID-19 outbreak and the collapse of OPEC's market support agreement with Russia. That caused most oil sto
(RTTNews) - Dean Foods Co. said that the U.S. Bankruptcy Court for the Southern District of Texas has approved the sale of a substantial portion of its business operations to Dairy Farmers of America for $433 million. It includes the sale of the assets, rights, interests and pro
At the moment, the revenue outlook for Disney (NYSE: DIS) is slim. It's possible that theme parks don't open until June (single day passes can be purchased starting on April 19 as of this writing, but it's worth mentioning Disney is taking no travel reservations until June 1).
The coronavirus pandemic has turned the global economy upside down, and stock markets have felt the effects around the world. Even legendary investor Warren Buffett hasn't been immune, as shares of the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) conglomerate that he leads hav
Efforts to stem the coronavirus pandemic have caused the stock market to plummet, with the Dow Jones Industrial Average experiencing its worst first quarter in history and the S&P 500 closing out its worst quarter since 2008.
Many companies recently reduced or suspended their dividends as the novel coronavirus (COVID-19) pandemic throttled their cash flows. Those sudden moves forced investors to reevaluate the stability of their dividend stocks.
If you're looking for a dividend stock to invest in, your safest bet is one that has a proven track record. Dividend Aristocrats are stocks that have increased their dividends for at least 25 straight years, meaning they're safe bets to continue increasing their payouts for the
When the U.S. Food and Drug Administration approved a widened use for Amarin's (NASDAQ: AMRN) cardiovascular drug Vascepa in December, hopes were high that it could turn into a blockbuster. However, a court ruling may have burst that bubble this week. Amarin shares sank 70% af
The novel coronavirus (COVID-19) pandemic is hammering markets worldwide, and certain sectors are faring worse than others. Plunging oil prices are crushing energy stocks, zero interest rates are gutting financial stocks, and extended closures are killing many retail stocks.
In the grand scheme of life, investing in a bleach and cleaning supply company like Clorox (NYSE: CLX) isn't particularly exciting. Reliable, but not exciting.
Warren Buffett has built his reputation over the years by succeeding with investments in a variety of industries. However, the specter of the coronavirus pandemic has cast a somewhat dark cloud over Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) stock portfolio. Their status a