Business

3 Sell-Off Stocks That Could Help Set You Up for Life

3 Sell-Off Stocks That Could Help Set You Up for Life

A stock market sell-off can be intimidating. Nobody likes logging into their brokerage account and seeing their balance well off its highs. However, anyone with an investment horizon longer than three to five years should also consider this a buying opportunity, as many stocks are trading for much cheaper than they used to. By sifting …

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Surprise!  Warren Buffett “Owns” All 5 FAANG Stocks

Surprise! Warren Buffett “Owns” All 5 FAANG Stocks

For nearly six decades, Berkshire Hathaway (BRK.A 0.93%) (BRK.B 0.80%) CEO Warren Buffett has made making money on Wall Street look easy. Although the Oracle of Omaha isn’t infallible, he’s overseen a jaw-dropping 20.1% average annual return on his company’s Class A shares (BRK.A) since taking the reins in 1965. For those who are curious, …

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Rapunzel-like charging stations help cities like Melrose build EV infrastructure

Rapunzel-like charging stations help cities like Melrose build EV infrastructure

Electric utility poles do a lot for us: they power our homes, take nails for our yard sale and lost cat signs, and shine light for our streets at night. But arguably their greatest contribution yet is helping EV owners juice up their cars. We’re talking about pole-mounted EV chargers, an awesome and apparently feasible …

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Fed’s Barkin says rate increases need to continue until inflation holds at 2%

Fed’s Barkin says rate increases need to continue until inflation holds at 2%

Despite positive inflation data this week, Richmond Federal Reserve President Thomas Barkin said Friday that more interest rate increases will be needed to tamp down price pressures. Releases this week showing that consumer and wholesale price increases softened in July were “very welcome,” Barkin told CNBC’s “Squawk on the Street” in a live interview. “So …

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Power has been restored after downtown Toronto outage, Hydro One says

Power has been restored after downtown Toronto outage, Hydro One says

The site of a collision between a barge carrying a crane and power lines in Toronto on Aug. 11.Christopher Katsarov/The Canadian Press Hydro One said power has been restored in Toronto after an outage in the city’s downtown core on Thursday that lasted nearly eight hours and affected about 10,000 customers. Toronto Hydro said the …

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Inflation pushes budget shoppers away from Walmart.  Luring them back not easy, say experts – National

Inflation pushes budget shoppers away from Walmart. Luring them back not easy, say experts – National

Walmart Inc WMT.N could face an uphill battle to reclaim US shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart Supercenter when gasoline was $5 a gallon. While gasoline prices have dropped nearly 20% over the past month, there are no signs shoppers are returning to the …

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Rogers and Shaw sign deal with Quebecor to sell Freedom Mobile

TORONTO — Rogers Communications Inc. and Shaw Communications Inc. have signed a definitive agreement with Quebecor Inc. that will see the Montreal-based telecom company acquire wireless carrier Freedom Mobile Inc. Rogers will sell Shaw-owned Freedom to Videotron Ltd., which is owned by Quebecor, for $2.85 billion in a deal it hopes will appease the concerns …

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Johnson & Johnson will stop selling talc-based baby powder around the world in 2023

Its talc-based powder, which hasn’t been sold in the United States and Canada since 2020, is at the center of tens of thousands of lawsuits filed by women who have developed ovarian cancer after using regular talcum powder Johnson & Johnson says it remains confident in the safety of the product. But, in a statement …

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