Big Duke Energy bills shock customers
WRTV Investigates talks to Duke Energy and some customers who say their bills have gone up 40-90%.
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Barrons.comSocial Security Benefits Are Projected to Increase. Here’s How Much.
The Senior Citizens League projects the annual cost-of-living adjustment for 2023 to come in at 9.6%, down slightly from the prior month's estimate as inflation cooled a bit.
- TheStreet.com
Billionaire Mark Cuban Takes Surprise Stance on Controversial New Tax
The entrepreneur Mark Cuban just took a stand in a debate that's hotly controversial in business circles and Congress.
- Business Insider
How to achieve financial freedom, according to 9 couples and individuals under 40 who've done it
Several people who've become financially free and retired early share the details of how they made it happen, including investments they made.
- Fortune
Ryan Reynolds spent nearly $3 million before consulting his wife Blake Lively: ‘We’re still working through that one’
Financial planners share how much spouses should be able to comfortably spend from joint income.
- Business Insider
Bubble expert Jeremy Grantham predicts a huge decline in stocks, tears into bitcoin, and slams the Fed in a new interview. Here are the 10 best quotes.
The veteran investor warned of a multiasset bubble in the US, ridiculed Tesla's peak valuation, and cautioned against betting on commodities.
- Reuters
Inflation steers budget shoppers away from Walmart. Bringing them back may not be easy
Walmart Inc could face an uphill battle to reclaim U.S. 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 nation's biggest retailer, according to foot traffic data reviewed by Reuters and analysts. Foot traffic at Walmart's 3,573 U.S. Supercenters and its 370 discount stores (as of Jan. 31, 2022) fell 2.7% on average from June 1 through July 25 versus a year earlier, according to data from Placer.ai, a location analytics firm.
- Motley Fool
2 Stock-Split Stocks That Have Never Been Cheaper and 1 Value Trap to Avoid Like the Plague
Among the dozens of stocks to enact splits this year are two industry leaders that scream value and one cash-rich company that's clobbering its shareholders.
- MarketWatch
Are you still paying 1% to your financial adviser? Here’s what might make a lot more sense — and save you tens of thousands of dollars
Many financial advisers charge based on how much money they manage on your behalf, and 1% of your total assets under management is a pretty standard fee. “Under $1 million dollars of investable assets, the flat fee may consume a very large percentage of their account and that would not be smart or advisable for the client,” says Paddock. In general, clients would do well to understand that percentage fees work well on smaller balances while flat fees are best for larger asset balances — and using the $1 million dollar threshold can be an easy way to draw a line in the sand for a client, says Kaleb Paddock, certified financial planner at Ten Talents Financial Planning.
- Benzinga
Four REITS That Pay Monthly Dividends
One of the big advantages of owning certain real estate investment trusts (REITs) over common stock is this: Some pay dividends monthly. Stocks pay dividends quarterly, which is nice, but monthly sounds better to more than a few investors. With that in mind, here are five REITs paying the monthly dividends. 1. Agree Realty Corp. (NYSE: ADC) pays a 3.61% annualized dividend and trades on the New York Stock Exchange with an average daily volume of 815,000 shares. The monthly dividend payment is $0
- MoneyWise
Here are 3 proven ways to get rich during a recession — without having to risk a bunch of money to do it
Don’t suffer through the downturn. Take advantage of it, instead.
- TheStreet.com
Tesla Rival Rivian is Being Held Back by a Big Problem
The young electric vehicle maker is trying to convince the world it has a future as doubts persist over its ability to mass-produce vehicles.
- MoneyWise
Should I sell my house now before prices crash — or wait for the next big real estate boom?
The housing market is changing fast. Act accordingly.
- Motley Fool
Amazon, Alphabet, and Microsoft Are Great Buys -- But So Is This Growth Stock
The three companies are among the largest providers of cloud services in the world, and their second-quarter results suggest businesses are still investing heavily in digital technologies. DigitalOcean (NYSE: DOCN) serves small to mid-sized businesses, and its second-quarter results (reported on Aug. 8) revealed a growing customer base that is also spending an increasing amount of money. Cloud services continue to expand in value and in scope.
- Bloomberg
Musk Sells Another $6.9 Billion of Tesla Ahead of Twitter Trial
(Bloomberg) -- Elon Musk offloaded $6.9 billion worth of stock in Tesla Inc. to accumulate cash ahead of a trial that could force the billionaire to follow through on an agreement to acquire Twitter Inc.Most Read from BloombergMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsRussia Is Scouring the Globe for Weapons to Use Against UkraineUK Plans for Blacko
- Fortune
Demand for chips is collapsing just as Joe Biden signs bill to jump-start more U.S. chipmaking
Chip CEOs warn that the time of record sales and profits for chipmaking companies is over as consumer demand slows.
- CoinDesk
Philippines Central Bank to Halt Applications for New Digital Asset Firms for 3 Years
The Philippines' central bank is closing its application window for new virtual asset services providers (VASP) licences for three years from Sept. 1.
- Zacks
Ford (F) Re-Opens F-150 Lightning Orders, Hikes Prices Sharply
Ford (F) restarts the order book for the electric F-150 Lightning as its production capacity matches demand. The new version is pricey due to higher material costs but comes with new features.
- Motley Fool
Got $5,000? 2 Microchip Stocks You Need in Your Portfolio
Microchips (also called integrated circuits, semiconductor chips, or just plain old "chips") are like an invisible force powering our everyday lives. The global semiconductor market will exceed $600 billion in 2022, and one study estimates it will reach $1.4 trillion by the end of this decade.
- Motley Fool
5 of the Safest Warren Buffett Stocks You Can Confidently Buy Right Now
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has, arguably, cemented himself among the investing greats. In the 57 years he's held the reins at Berkshire, he's led his company's Class A shares (BRK.A) to an aggregate return of a scorching 3,641,613%, through Dec. 31, 2021. The Oracle of Omaha's company has outperformed the broad-based S&P 500 by so much that it's share price could fall 99% tomorrow and it would still be handily outpacing the S&P 500 since 1965.
- Motley Fool
2 Tech Stocks You Can Buy and Hold for the Next Decade
Technology stocks have been among the best-performing sectors over the past month, second only to consumer discretionary stocks. Admittedly, the tech-laden Nasdaq 100 index is still down 19% in 2022, compared to a 13% decline in the S&P 500 and a 9% drop in the Dow Jones Industrial Average, but the rally indicates the sector is not dead. Tech stocks carried the market on its nearly decade-and-a-half bull run before they were frozen out at the end of last year as traders switched to seemingly more recession-resistant names.