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April 4, 2022
Some of the biggest companies in the United States just announced stocks splits. What is a stock split and what does it signal to average investors?
May 6, 2021
Despite Covid, Americans Are Confident About Retirement Retirement confidence continues to be strongly related to retirement plan participation. Author: May 6, 2021 8:00 AM EDT Nearly three in 10 Americans (29%) feel very confident in their ability to retire comfortably, according to the 2021 Retirement Confidence Survey (RCS) just published by the Employee Benefit Research Institute (EBRI). And 80% of retirees report feeling either very or somewhat confident about having enough money to live c...
April 15, 2021
VT finance professor optimistic after latest U.S. jobs report Pete DeLuca © Provided by Roanoke-Lynchburg WDBJ-TV Virginia Tech finance professor Derek Klock BLACKSBURG, Va. (WDBJ) - The latest federal unemployment report shows the number of new jobless claims is the lowest it’s been since the pandemic began. Virginia Tech finance professor Derek Klock says this is a good indicator of a strong economic rebound. He says retail sales, likely helped by the latest round of stim...
January 19, 2021
Published Wednesday, Jan. 13, 2021, 2:53 pm Join AFPs 100,000+ followers on Facebook Purchase a subscription to AFP Subscribe to AFP podcasts on iTunes and Spotify News, press releases, letters to the editor: augustafreepress2@gmail.com Upcoming Powerball and Mega Millions jackpots are among the largest in U.S. lottery history. Virginia Tech finance professor Derek Klock offers advice should you find yourself with the lucky winning ticket. Breathe Depending on your state of residency you have...
January 16, 2021
As Mega Millions and Powerball jackpots surge, here’s what to know if you bought a ticket Tags: Mega Millions is now $750 million while Powerball grew to $640 million. While these are some of the highest numbers in U.S. history, you’re actually more likely to get hit by a meteorite or die from a shark attack than win either game. One local statistics professor said even though the prize pool gets bigger, your odds of winning stay the same. “Eventually someone has to win, that doesn’t ...