As macro uncertainty hangs over the stock market, investors are searching for sources of income, which can help cushion their portfolios in volatile times.Those who wish to add stocks that pay dividends consistently can follow the recommendations of Wall Street experts. These analysts can guide investors toward the best stocks...
Year: 2024
Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending
Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder for many Americans.Fraser, who leads one of the largest U.S. credit card issuers, said she is seeing a "K-shaped consumer." That means the affluent continue to spend, while lower-income Americans...
Star Wars was the first Lego license — 25 years later, it’s stronger than ever
Star Wars Lego models are seen at the Bricks & Figs museum in Krakow, Poland, on April 15, 2023.Anadolu | Anadolu | Getty ImagesIf you are a Star Wars fan, Jens Kronvold Frederiksen may have crafted your childhood.A design director at the Denmark-based Lego company, he has spent the past 25...
Buffett says Berkshire sold its entire Paramount stake: ‘We lost quite a bit of money’
OMAHA, Neb. — Warren Buffett revealed that he dumped Berkshire Hathaway's entire Paramount stake at a loss."I was 100% responsible for the Paramount decision," Buffett said at Berkshire's annual shareholder meeting. "It was 100% my decision, and we've sold it all and we lost quite a bit of money."Berkshire owned...
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, economists and the Federal Reserve are touting the importance of immigrant workers for overall future economic growth.Immigrant workers made up...