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July jobs report preview: Payrolls likely rose at a slower rate, as labor market recovery hit an 'inflection point'

U.S. employers are expected to have added back fewer jobs in July after a record gain in June, as a resurgence of coronavirus cases in some states earlier this summer weighed on the labor market recovery. …read more […]

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5 Steps to Building Wealth in Your 70s

TThis is my final article in a series on building wealth throughout your life. Most of this series has focused on a variety of general best practices for building wealth, but this final article on building wealth in your 70s will be a bit different.
If you’re interested, here are the previous articles in this series:
5 Steps to Building Wealth in Your 20s
5 Steps to Building Wealth in Your 30s
5 Steps to Building Wealth in Your 40s
5 Steps to Building Wealth in Your 50s
5 Steps to Building Wealth in Your 60s

As you enter your 70s, you will likely decide to reallocate …read more […]

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Buy Moderna Stock as the COVID-19 Vaccine Race Heats Up, Says 5-Star Analyst

The race to be first to market with a COVID-19 vaccine is changing gears. As the companies developing vaccine/therapeutics move further down the development path, the commercial aspect is starting to take a more prominent part in the conversation.mRNA vaccine maker Moderna (MRNA) is one of the companies currently leading the pack, but it needs to be vigilant of rivals’ progress. Shares of Moderna hit a speed bump on Wednesday and trended downwards on account of positive developments in the progress of rivals Novavax (NVAX) and Johnson & Johnson’s (JNJ) respective COVID-19 vaccine programs.Novavax’ candidate NVX-CoV2373 performed well in a …read more […]

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Wells Fargo: These 3 High-Yield Dividend Stocks Have Double Digit Upside

The stock markets have been having a string of good days, as earnings season has been a bit less grim than expected. While aggregated revenues are down nearly 10% year-over-year, many companies have been clearing the lowered expectations bar. Writing from Wells Fargo on the current mood and prospects, equity strategist Chris Harvey describes the situation as a ‘melt up.’ He sees room for another 5% growth in the S&P 500 by year’s end.Harvey specifically noted that two policies put in place to support the economy against the corona virus shutdowns have had a boosting effect on the stock markets …read more […]

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BP Plc Cuts Dividends, Is Exxon Mobil Next?

British based energy giant BP PLC (NYSE:BP) cut dividends by 50% to 31.50 cents/share for each American Depository Receipt ( minus any ADR fees). This was the first dividend cut for BP since 2010, when it had a costly oil spill in the Gulf of Mexico. BP Follows Royal Dutch Shell And Cuts Dividends This is the second […] …read more […]