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[embedded content] We can’t have an economic podcast without discussing the Eastern European conflict, which has hastened the spike in oil prices. It’s been on a tear lately, and oil stocks have seen some nice gains. But at the risk of striking any nerves, I’ve got something to say: “The oil trade is for suckers.”
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Even the Russia-Ukraine conflict hasn’t done much to galvanize Boeing stock. A return to early 2020 price levels isn’t a question of “if,” but “when.” Investors should seize the opportunity to own a piece of an iconic American business. Headquartered in Chicago, Boeing (NYSE:BA) is an aerospace and defense company that’s known worldwide. For many generations,
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FuboTV (NYSE:FUBO) was supposed to offer investors a streaming sports TV service with a betting upside. However, FUBO stock has totally failed to deliver on that potential. Shares are down from a peak of $50 last year to under $8.50 now. Source: Tada Images / Shutterstock.com This is hardly a buy-the-dip opportunity either. Rather, this
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When you are named the beneficiary of an individual retirement account (IRA), and the IRA owner dies, you may think you’ve received a tax-free inheritance. Well, that’s only partially correct. Under current tax law, the inheritance itself—that is, the entire sum in the account—is tax-free. But you are still required to take distributions from the
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Daniel Zuchnik | WireImage | Getty Images Warren Buffett’s Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion on the first three days of this week. An SEC filing Wednesday shows it paid a weighted average of $54.41 per share, a total of $985 million for the new shares. At Wednesday’s
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