Investing News

Rising wages are expected to eat into corporate profit margins, weighing on companies that are already projecting much slower growth. But Goldman Sachs said some stocks should be immune to higher labor costs. January jobs report pointed to a 3.2 percent year-over-year increase in wage growth, around the highest levels in the economic recovery. Rising
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For car aficionados that have always wanted to own a fancy trophy car without having to shell out hundreds of thousands of dollars for the privilege, a financial technology upstart has come up with the perfect solution. Rally Rd, a New York-based fintech company that allows small investors to invest in rare collectibles, is giving
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There’s one thing the record 35-day government shutdown made clear: Americans aren’t saving for a rainy day. “The partial government shutdown serves as a wake-up call that emergency savings must be made a more serious priority,” said Mark Hamrick, senior economic analyst at Bankrate.com. Over three-quarters of all full-time workers are living paycheck to paycheck,
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CNBC’s Jim Cramer said Wall Street has misread Spotify‘s latest earnings report and guidance, and that misunderstood stocks like these give investors an opportunity to make some money. On his show Friday, the “Mad Money” host called out stock analysts like Everscore ISI’s Anthony DiClemente who have downgraded the equity over concerns about subscriber growth.
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