An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022.Joshua Roberts | ReutersAlaska Air Group's executives spent months working on its plan to buy rival Hawaiian Airlines. The airlines' leaders will now spend many more trying to convince...
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Top Wall Street analysts expect these dividend stocks to enhance total returns
A Home Depot location in Encinitas, California.Mike Blake | ReutersWith the late 2023 rally underway, investors can bolster their portfolios by adding a select group of dividend payers into the mix.Dividend-paying stocks give investors a combination of potential price appreciation and income, which can enhance total returns.Bearing that in mind,...
Fed is ‘disconnected’ from reality, must cut rates 5 times next year, portfolio manager says
Chris Wattie | ReutersThe Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy into a recession, according to portfolio manager Paul Gambles.Gambles, co-founder and managing partner at MBMG Group, told CNBC's "Squawk Box Asia" the Fed was behind the curve on...
Investors piled cash into money market mutual funds in 2023 and now could see a higher tax bill
JGI/Jamie GrillIf you funneled cash into money market mutual funds in 2023 amid rising interest rates, you may have a surprise tax bill in April, experts say.Investors and institutions have piled $5.84 trillion into money market mutual funds, as of Nov. 29, according to the Investment Company Institute, and many...
Amazon buys SpaceX rocket launches for Kuiper satellite internet project
A Falcon 9 rocket launches a Starlink mission on January 31, 2023 from Vandenberg Space Force Base in California.SpaceXAmazon bought three rocket launches from SpaceX for its Project Kuiper internet satellites, the tech giant announced on Friday.The move is a surprise from Amazon, given the company's Kuiper system aims to...