Author: IA PressRoom

Camping World will buy Halterman’s RV in Washington State

Portrait of a Sulking Businessman Wearing Spectacles and a Pinstripe Suitgetty Thoughtful reader Terry K. asks for my favorite utility dividend—specifically why I prefer NextEra Energy Partners NEP (NEP) to Clearway Energy (CWEN): “Would like your thoughts on CWEN vs. NEP. I’ve looked at both and based on numbers CWEN looks to be the better option. It has just raised its dividend. Plus, it is better liked by other analysts.” Analyst ratings are a wonderful contrarian indicator. Thank you for writing in; I bet many of our fellow contrarians are asking the same thing! This is a great opportunity for…

In February 2021, Whole Foods’ former co-chief executive Walter Robb described consumers’ gradual shift from meat to plant-based alternatives as a “megatrend akin to digitisation” — potentially “the biggest single trend in the history of food”.It has been a painful two-and-a-half-year journey for investors in the sector since then. An index tracking 46 plant-based food companies has halved in value since peaking weeks after Robb’s bold call, hit by lacklustre sales and rising interest rates.Shares in California-based Beyond Meat, the poster child for the sector whose early backers included actor Leonardo DiCaprio and the Bill & Melinda Gates Foundation, rocketed…

© Reuters. Mexican peso banknotes are pictured at a currency exchange shop in Ciudad Juarez, Mexico November 10, 2017. REUTERS/Jose Luis Gonzalez By Gabriel Burin BUENOS AIRES (Reuters) – An expected fall in Mexico’s peso will likely be cushioned by its favorable interest rate spread, although there is a wide range of views on the currency’s prospects over the coming year, a Reuters poll of foreign exchange strategists showed. This week the peso extended a winning run that started in the fourth quarter, reaching its highest levels in more than seven years after the central bank signalled it would have…

The Terra Luna Classic price has rallied by 3% in the past hour, moving up to $0.00009746 as the wider cryptocurrency market continues to be subdued by the recent SEC actions against Coinbase and Binance.This means LUNC is up by more than 10% in the past seven days, and by 15% in the past month.The altcoin had been undervalued and oversold for several weeks, making a recovery rally long overdue.Such a rally may also be helped by new proposals to improve the Terra Luna Classic network and re-peg the USTC stablecoin, something which could push LUNC’s price to new heights…

CNN  —  House Oversight Chairman James Comer is scrapping his plans to hold FBI Director Christopher Wray in contempt of Congress after the two sides reached an agreement over an FBI document that includes an unverified allegation that Joe Biden, while vice president, was involved in a bribery scheme involving a foreign national. Comer, a Kentucky Republican, accepted the FBI’s offer to allow all members on the House Oversight panel to view the internal law enforcement document he initially subpoenaed, known as an FD-1023, in exchange for halting contempt proceedings. The FBI will also make two additional documents available to…

U.S. stock futures were mixed on Thursday, with highly-rated tech stocks pressured by renewed wariness over higher interest rates.How are stock-index futures trading S&P 500 futures ES00, -0.02% added 1 point, or 0%, to 4275 Dow Jones Industrial Average futures YM00, -0.07% rose 8 points, or 0%, to 33717 Nasdaq 100 futures NQ00, -0.00% eased 9 points, or 0.1%, to 14322 On Wednesday, the Dow Jones Industrial Average DJIA, +0.27% rose 92 points, or 0.27%, to 33665, the S&P 500 SPX, -0.38% declined 16 points, or 0.38%, to 4268, and the Nasdaq Composite COMP, -1.29% dropped 172 points, or 1.29%,…

Almost Friday! Dan DeFrancesco in NYC, which is looking more like the set of “Dune” these days. Today, we’ve got stories on how the biggest multi-strat funds did in May, tips for nabbing a job in PE, and pics of a beach house that’s just cool.But first, would you put your faith in a robot?If this was forwarded to you, sign up here. Download Insider’s app here. Disney / Pixar 1. AI, take the wheel. How would you feel about handing the reins to artificial intelligence without fully understanding how it works?Such a suggestion is blasphemy — and potentially illegal —…

Thanks to the FIRE movement, I was able to plan for retirement in my thirties.Jen Yuson Photography Even if you don’t agree with the frugality of the FIRE (financial independence, retire early) movement, it’s a great launchpad to help you figure out the math behind investing enough to quit your day job. The FIRE Movement Is Not About Being Frugal. It’s About Being Free I came across the FIRE Movement when I started learning about paying off my $72,000 in student loans. I paid off those student loans less than a year after beginning the journey — more quickly than…

© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch/File Photo A look at the day ahead in U.S. and global markets from Mike Dolan Wildfire smoke wasn’t the only cloud from Canada that drifted over the United States this week. The Bank of Canada’s resumption of interest rate rises after a four-month pause blurred the horizon for Federal Reserve policy somewhat too, reminding markets that central banks still see inflation as way too high and rate hikes are not done yet. It…