Investing News

More than 24.9 million households in the U.S. have Roth individual retirement accounts, which accounted for $1.02 trillion in retirement assets as of 2019, according to the Investment Company Institute. The retirement savings vehicles are funded with after-tax dollars, which means distributions are tax-free. Key Takeaways Roth IRAs are retirement savings vehicles that are funded

A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images With COVID-19 cases surging again around the world as well as growing concerns about the economic reopening, navigating the current financial landscape can be challenging. In this case, the key is to look for

Your net worth is the amount by which your assets exceed your liabilities. In simple terms, net worth is the difference between what you own and what you owe. If your assets exceed your liabilities, you have a positive net worth. Conversely, if your liabilities are greater than your assets, you have a negative net

SpaceX’s Crew Dragon spacecraft Endeavour docks with the International Space Station on April 24, 2021. NASA TV The second operational SpaceX crew mission arrived at the International Space Station early on Saturday morning, carrying four astronauts for a six month stay in space. SpaceX’s Crew Dragon spacecraft ‘Endeavour,’ which launched on a Falcon 9 rocket

FG Trade | E+ | Getty Images Company: Harmonic Inc. (HLIT) Business: Harmonic provides video delivery software, products, system solutions, and services worldwide. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The

What Are the Best Times to Trade Stocks? Unlike traditional investing, trading has a short-term focus. The trader buys a stock not to hold for gradual appreciation, but for a quick turnaround, often within a pre-determined time period whether that is a few days, a week, month, or quarter. And of course, day trading, as

Secretary of Energy Jennifer Granholm speaks during the daily press briefing on April 8, 2021, in the Brady Briefing Room of the White House in Washington, DC. Brendan Smialowski | AFP | Getty Images Energy Secretary Jennifer Granholm on Friday emphasized the need for the world to come together in an effort to tackle climate

SpaceX CEO Elon Musk gives an update on the next-generation Starship spacecraft at the company’s Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas. Loren Elliott | Getty Images News | Getty Images SpaceX founder and CEO Elon Musk remains focused on his vision for the company: Establishing a permanent human

Say you are reading the paper, and you notice that a certain fund will be closing its doors to new investors by the end of the current business day. What exactly does this mean? Should you rush to invest in it, increase your holdings in it or rush to sell? Listed below are the characteristics

In this article XOM Activist investor and newly appointed Exxon board member Jeff Ubben is building his stake in the company on the belief that the oil giant will be integral to the energy transition. “I am,” he said Thursday on CNBC’s “Squawk on the Street” when asked if he was planning to buy more

SpaceX’s Crew Dragon “Endeavour,” atop the company’s Falcon 9 rocket, leaves the SpaceX integration hangar adjacent to NASA Kennedy Space Center’s Launch Complex 39A for rollout to the launch pad on April 16, 2021. SpaceX SpaceX is set to make history, as Elon Musk’s space company prepares to launch the Crew-2 mission for NASA on

What happens when you can’t pay your monthly bills? Keeping up with them is challenging enough if you live paycheck to paycheck. It can become even more difficult if you experience a drop in income due to a layoff or job loss. Unemployment benefits can help to cover the gap financially, but those payments don’t

Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon said Wednesday that “justice was served” after a jury found ex- Minneapolis police officer Derek Chauvin guilty on all three charges,

In this article VABK Virgin Galactic’s spacecraft Unity comes into land during a glide test flight on May 1, 2020. Virgin Galactic Virgin Galactic shares fell in trading Tuesday after Ark Invest’s space exploration ETF sold nearly half its stake in the space tourism company. Cathie Wood’s firm sold 275,204 shares of Virgin Galactic from

When a company announces a stock buyback, it means that it intends to repurchase some or all of the outstanding shares it originally issued. In exchange for giving up ownership in the company and periodic dividends, shareholders are paid the stock’s fair market value at the time of the buyback. A company may choose to

Value investor Bill Miller told CNBC on Tuesday that one of his firm’s funds sold its GameStop holdings during the Reddit-fueled frenzy that began earlier this year. “We had GameStop in our deep-value product, and I think our cost on it was around $4 or something,” Miller said in an interview on “The Exchange.” “When it got

Measuring Oil and Gas Production Oil and gas exploration and production companies, or E&P companies, use three basic formats for measuring and reporting oil and gas production: (1) Oil production is measured and reported in barrels, or “bbl.” Production rates are typically reported in terms of barrels per day, which may be abbreviated in several

Rendering of a United Launch Alliance’ Atlas V rocket carrying Amazon satellites. ULA/Amazon Amazon is preparing to send its first Project Kuiper internet satellites into orbit, with Jeff Bezos‘ company announcing on Monday that it signed a contract with United Launch Alliance for nine launches. ULA, a joint venture of Boeing and Lockheed Martin, will

The shadow of NASA’s Ingenuity is seen on the surface of Mars as the helicopter hovered during its first flight on April 19, 2021. NASA/JPL-Caltech NASA successfully conducted the first flight of an aircraft on another planet, as the space agency’s helicopter Ingenuity completed a historic feat on Mars on Monday that it called a

Mutual funds have become an incredibly popular option for a wide variety of investors. This is primarily due to the automatic diversification they offer, as well as the advantages of professional management, liquidity, and customizability. Key Takeaways Mutual funds are popular in part because they offer investors the opportunity to diversify, and therefore spread out