Page 7 - Dan Burrows News Today

All three major indexes closed higher for a fourth straight day after this mornings June producer price index report.

All three major indexes closed higher for a fourth straight day after this morning's June producer price index report. Today's producer price index (PPI), which measures what businesses are charging suppliers for goods, confirmed what Wednesday's consumer price index (CPI) did – that inflation continued to ease in June. The data were enough to keep the momentum going in stocks, with all three major indexes closing higher for a fourth straight day. Ahead of the opening bell,...

The Alliance Defending Freedom said it would represent Kansas pro bono in the case regarding abortion regulations.

Fidelis Insurance Holdings notched a valuation of $1.5 billion on Thursday after shares of the reinsurer fell 6.4% on debut. The company joins a list of

If I love Warren Buffett so much why don't I just marry him? I spend more time than is reasonable or probably healthy thinking about Warren Buffett. This is certainly not because I believe that by studying his ways I can emulate his success. I know for a fact that I can't. That's why I don't buy stocks. I dollar-cost average into cheap index funds and never, ever sell. Rather, it's more that the chairman and CEO of Berkshire Hathaway (BRK.B) is just kind of endlessly fas...

Markets finished broadly higher after upbeat inflation data lowered expectations for two additional rate hikes this year.

Markets finished broadly higher after upbeat inflation data lowered expectations for two additional rate hikes this year. Stocks shot higher out of the gate Friday and stayed there through the close thanks to an encouraging reading on inflation. That data followed other recent reports showing a resilient U.S. economy – and tempered expectations for two more interest rate hikes this year. Ahead of the opening bell, the Bureau of Economic Analysis said the May personal consumption and expen...

If I love Warren Buffett so much why dont I just marry him?

(Bloomberg) -- Savers Value Village Inc. gained 27% in its trading debut, making its $401 million initial public the lone bright spot in a key test of the US market that delivered otherwise disappointing results.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencySwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthChina’s Economic Woes Are Mu...

Stocks are better than gold for both generating wealth and offering protection against inflation. Unless you're a trader or a tactical investor – and a nimble one at that – you really have no business investing in gold. Why? Because history shows that gold has been a terrible place to put your cash, even when inflation is running hot.But first, let's define our terms. You don't even really "invest" in gold. Since the yellow metal produces no cash flows, hol...