Despite the ongoing supply chain disruptions, the industrial sector has witnessed growth in factory production. Additionally, accelerating the adoption of advanced technology should boost the industry’s prospects. The industrial conglomerate 3M Company (MMM) has recently announced layoffs, and its overhanging legal woes look concerning. Thus, we think fundamentally strong industrial stocks, Caterpillar (CAT) and Tennant…
US stocks on Tuesday registered their steepest one-day decline since June 2020. Investors dumped stocks and other assets after learning month-on-month inflation rose in August. Stubborn inflation may spur the Fed to keep hiking interest rates, potentially triggering a recession. The US stock market suffered its worst one-day decline since June 2020 on Tuesday, as…
Opinions expressed by Entrepreneur contributors are their own. I gained over a hundred thousand followers on Twitter this year. While I grew on other social media platforms, there are several reasons none grew as fast as Twitter. But before we discuss the reasons for my Twitter growth, let’s talk about Twitter and its importance. Twitter…
Is your retirement income sufficient? Can you count on it being enough for life so that you will not run out of money when you reach old age? Due – Due If you haven’t answered these questions, it’s about time you do. As one example, a survey by Schroders indicates that people expect to need…
David answers my call on his Bluetooth-enabled helmet from atop an Aspen ski slope. I catch him just before he pushes off to descend this powdery, black-diamond heaven. He doesn’t need to take calls on vacation — he just likes being available. I assure him we can talk later. Certainly, we can wait until he’s…
Opinions expressed by Entrepreneur contributors are their own. According to the U.S. Census Bureau, there are 1.1 million women-owned businesses with employees and 10.5 million women-owned companies without employees. But those more than 11 million companies owned by women only captured two percent of the available venture funds in 2021 — the lowest percentage since…
After a solid bull run last year, the crypto market witnessed a massive sell-off this year on concerns over macroeconomic and geopolitical headwinds. With many experts expecting the crypto market to witness further pressure, it could be wise to avoid fundamentally weak crypto stocks Marathon Digital (MARA) and Riot Blockchain (RIOT). Read on…. shutterstock.com –…
Retail sales climbed in August, raising hopes of a cheery holiday season for the retailers, despite the inflationary environment. Macy’s (M) and Dillard’s (DDS) might be significant beneficiaries. But which is a better deal for your portfolio now? Let’s find out…. shutterstock.com – StockNews Macy’s, Inc. (M), an omnichannel retail organization, operates stores, Websites, and…
It was only two days ago I predicted another drop in the S&P 500 (NYSEARCA: SPY), and oh, what a difference those days have made. Since then, we’ve got not one but two horribly bad inflation reports that have the outlook for interest rate hikes and recession reaching new peaks. As if the CPI data…
Lyft (NASDAQ: LYFT) stock has been rising on the back of rumors of acquisition from an activist investor. Lyft’s stock is down over 66% over the past year, as exuberance stemming from the previous few years that led to excessive valuations has started to moderate, especially within tech sectors, leading to many stocks retreating significantly…