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INSIDERRussia is forcing Western companies exiting its market to make a donation to the country — and it's making it harder for them to leave
Over 2,000 foreign companies are seeking approval to exit the Russian market, per the Financial Times.
- Reuters
UnitedHealth insurance unit to cut use of prior authorization process
The reductions will begin in the third quarter and will continue through the rest of the year for most commercial and Medicare Advantage as well as Medicaid businesses. The company will implement in early next year a national Gold Card Program for care providers that meet eligibility norms, ending the need for prior authorization for most procedures. It would apply for most UnitedHealthcare members.
- TipRanks
Cathie Wood Doubles Down on These 2 Stocks Under $5
There’s no getting away from it, given the Fed’s policy of aggressive rate hikes, a soft landing for the U.S. economy appears out of the question. That at least is the opinion of Cathie Wood, who is therefore readying for a hard landing. “Money velocity is flattening,” the ARK Investment Management CEO said recently in reference to the recent banking mess while Wood also expects a marked deceleration in nominal gross domestic product. However, these are all blind spots for the Fed, she believes,
- Fortune
A famous market watcher who called the subprime mortgage crisis is warning that stocks are about to crash: ‘It’s the highest probability since COVID’
Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.
- MoneyWise
Will Bitcoin keep minting more millionaires or is this just a 'dead cat bounce'? Here's why Warren Buffett believes crypto 'will come to a very bad ending'
The Oracle of Omaha never saw a future in cryptocurrency.
- The Telegraph
‘How I make 6 per cent returns a year – and pay as little tax as possible’
Anthony Roberts faces the same problem as many retirees: boosting his income, while minimising his tax bill.
- SmartAsset
In Case You Haven't Heard: Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back
The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays … Continue reading → The post Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back appeared first on SmartAsset Blog.
- Miami Herald
Florida’s biggest insurer wants 14% rate hike, warns of ‘hurricane tax’ if big storm hits
Hurricane Ian ‘significantly depleted” Citizens’ coffers.
- The Telegraph
Xi’s China will never achieve world currency domination
In troubled and uncertain times, people like to explain and assert things that often lack accuracy and understanding. The 2008 financial crisis, QE, the pandemic and climate change have provided many examples.
- SmartAsset
Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth?
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
- Motley Fool
This 7.2%-Yielding Dividend Stock Continues to Showcase Why It's a Great Long-Term Buy
Enbridge (NYSE: ENB) is an outstanding dividend stock. Meanwhile, it currently offers investors a 7.2% dividend yield -- several times above the S&P 500's 1.7% dividend yield -- that it supports with its strong cash flows and financial profile. It continues to secure new expansion projects that should give it the power to keep increasing the dividend.
- Motley Fool
Why Medical Properties Trust Stock Is Jumping Today
Shares of Medical Properties Trust (NYSE: MPW) were jumping 4.5% higher as of 10:43 a.m. ET on Wednesday and rose as much as 7.8% earlier in the morning. Analysts asked Medical Properties Trust's CFO Steven Hamner in the fourth-quarter conference call if the healthcare REIT, or real estate investment trust, planned to sell its Australian properties. The question was posed as part of a broader inquiry about Medical Properties Trust's efforts to boost its cash flow and reduce leverage.
- Motley Fool
1 Growth Stock Down 73% You'll Regret Not Buying on the Dip
This growth stock is down 73% as part of the broad market sell-off. Investors who miss the opportunity to buy this stock today might regret the decision five years from now. *Stock prices used were the afternoon prices of March 26, 2023.
- TipRanks
‘Charts Point to Higher Highs,’ Says Oppenheimer. Here’s a Stock With Over 100% Upside Potential
There are different ways to assess whether it’s time to lean heavily into a certain class of stocks, and according to Oppenheimer’s head of Technical Analysis Ari H. Wald, the charts right now are pointing toward a resurgence in growth. “Recent points of market discussion have included incremental cracks in value and concurrent relative strength in growth,” Wald noted. “Breaking down the components and their influence on the market, we see growth in a stronger position to the lead the S&P 500 hi
- TheStreet.com
Dividend Stocks Are Key in a Volatile Market; Here's 10 From Morningstar
Morningstar has put together a list of top dividend stocks held by its 'ultimate stock pickers.'
- WWD
PVH Shares Soars as Wall Street Sees Signs of Traction
Stefan Larsson’s strategic plan is showing signs of strength despite a tough macroeconomic environment.
- Motley Fool
A Bull Market Is Coming: 3 Supercharged Growth Stocks to Buy at a Discount
Loading up on shares of these growth stocks now could set you up well by the time the next bull market arrives.
- Fox Business
Warren Buffett's Occidental end game
According to a filing from the Securities and Exchange Commission, Warren Buffett’s Berkshire Hathaway has upped its stake in Occidental Petroleum.
- MoneyWise
Biden’s sweeping plan to help renters comes 'at the expense' of mom-and-pop landlords — here's what to do if you still want your slice of the real estate pie
Rule changes living rent-free in your mind? Perhaps it's time for a more passive approach.
- Motley Fool
Don't Wait for a Market Crash: These 2 Top Stocks Are on Sale
Market conditions have driven these companies to become more efficient ahead of potential headwinds.