Business

In their bids to win the 2024 election, former President Donald Trump has promised to “drill, baby, drill” to lower energy prices, while Vice President Kamala Harris has assured she won’t ban fracking. Those promises may not matter much in the near term. Energy prices are poised to drop, regardless …

A couple goes over their expenses on a calculator together. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Retirees with relatively small nest eggs are generally more reliant on Social Security than those with more money saved up. A financial advisor can …

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. The 4% rule has long provided guidance to retirees on how to maintain a safe withdrawal rate from retirement accounts. But with today’s low bond yields and stock market volatility, this once-steady rule of …

Two-thirds of US adults own a home, a milestone that is still viewed as a key part of the American Dream. Yet, in 2024, buying a house often feels out of reach. The median price for a new home has jumped to $495,750, according to the National Association of Home …

Semiconductor company Nvidia has led the S&P 500 higher this year amid mounting interest in artificial intelligence (AI). But we are still in the early stages of the AI boom, and certain Wall Street analysts are pounding the table on alternative investments. For example: Gil Luria at DA Davidson expects …

Big data software stock Palantir (NYSE: PLTR) is having a moment today. Revenue is accelerating, profitability has flipped to the positive — somewhat of a rarity for a software stock — and the artificial intelligence revolution appears to be reinvigorating demand in its platforms. Founded in 2003, Palantir began assisting …

Matt Stroshane/Getty, Tyler Le/BI AI stocks like Nvidia, Super Micro Computer, and Broadcom soared nearly 20% this week. The rally was sparked as Oracle and Nvidia executives addressed concerns about AI returns. Oracle shares surged by 24% after Larry Ellison’s bullish comments on AI’s long-term potential. The stock market’s artificial-intelligence …

By Anirban Sen (Reuters) – Telecom operator AT&T and its joint-venture partner TPG are in early-stage talks to merge their DirecTV satellite TV service with EchoStar owned Dish, a person familiar with the matter told Reuters on Friday. The two companies first attempted to merge back in 2002 when the …

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By Liangping Gao and Kevin Yao BEIJING (Reuters) -China’s new home prices fell at the fastest pace in more than nine years in August, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the property sector. New home prices were down 5.3% from a …