Investors may want to consider putting money to work in a lagging part of the market.According to VanEck CEO Jan van Eck, oil stocks are getting a raw deal."The [oil] supply is there. The companies are arguably the next best cash flowing companies [compared to] the semiconductors," he told CNBC's...
Category: Finance
Societe Generale posts sharp profit drop as net banking income slides
A logo outside a Societe Generale SA bank branch in Paris, France.Bloomberg | Bloomberg | Getty ImagesSociete Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income, but launched a new 280 million euro ($302 million) share buyback program.The French lender...
How to reduce — or avoid — airline fees for checked bags
Izusek | E+ | Getty ImagesChecking a bag at the airport has gotten pricier for travelers — and harder to avoid.A checked bag is one stored in a plane's cargo hold during a flight. While that service was free in years past, it's now standard for major airlines to charge...
‘Sorry I am dead’: Why a ‘death note’ is as important as having a will, advisor says
Kathrin Ziegler | Digitalvision | Getty Images"Sorry I am dead."This is how Doug Boneparth, a certified financial planner, starts what he calls a "death note" to his wife, Heather.Such a document, he says, is distinct from other estate planning cornerstones like drafting a will, which lays out one's wishes for...
A change to this one clause could be the most important part of the Fed meeting
U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., on Dec. 13, 2023.Liu Jie | Xinhua News Agency | Getty ImagesImmediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small piece of wording that could unlock...