This year has been inescapably awful for investors, as this chart on first-half performance shows. So in an environment where every short-term move seems to be a bad one, it might be worth getting a longer-term perspective. Monish Pabrai, founder of both the Pabrai Investment Funds and the Dhando Funds and an author on investing,…
Millions of Americans will be driving from sea to shining sea over the Fourth of July weekend, historically high gas prices be damned! That’s according to AAA’s Independence Day travel forecast, which expects a record 42 million people to hit the road during the holiday weekend spanning June 30 to July 4, even as national…
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This article is reprinted by permission from NerdWallet. A summer road trip used to be a cost-effective, easy getaway. This year, soaring gas prices and expensive rental cars might make you think twice about hitting the road. According to the American Automobile Association, a federation of motor clubs throughout North America, the average gas price…
Read More “Can you afford a road trip this summer? Here’s how to do it and save money.” »
Federal health officials said Sunday that Pfizer’s COVID-19 vaccine appears safe and effective for children below the age of 5, clearing another hurdle on the path toward adding that group to the nation’s vaccine program. The FDA posted its analysis of the Pfizer PFE shot ahead of a Wednesday meeting where outside experts will vote…
US stock indexes lost early gains on Wednesday, at the start of a new month of trading, after data on the manufacturing sector showed rising costs were still a problem, as the Federal Reserve begins reducing its nearly $ 9 trillion balance sheet. How are stock indexs trading? The Dow Jones Industrial Average DJIA lost…
