Business

Regional banks pull back on concerns about bad loans; High data storage stocks

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🚀 Read this trending post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Markets News,News ✅ Here’s what you’ll learn: Key takeaways Regional bank shares fell after a pair of banks revealed problems with bad and fraudulent loans, while data storage shares rose in the wake of higher price targets from analysts.Fifth Third Bancorp and Regions Financial were among the biggest decliners in the S&P 500 after Zions Bancorporation warned it was charging millions of dollars in fees to cover bad loans and Western Alliance said it was dealing with a fraudulent borrower.Shares of Micron Technology,…

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Wall Street is more optimistic about Micron, Seagate and Western Digital. And here’s why.

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🔥 Read this trending post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Tech Sector News,Company News,News ✅ Key idea: Key takeaways Micron Technology, Western Digital and Seagate Technology saw their shares rise Thursday afternoon in the wake of higher price targets from Wall Street analysts, who said growing demand for artificial intelligence and an ongoing shortage of data storage devices could benefit the companies.The gains came on a bearish day for the technology sector and US stocks broadly. Growing demand for artificial intelligence and ongoing shortages in memory and data storage solutions could mean bigger…

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How to build a monthly budget that actually works for your life

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🚀 Discover this insightful post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Budgeting,Budgeting & Savings,Personal Finance 📌 Main takeaway: If you want to budget regularly, but have trouble sticking to it, you're not alone. Nearly 9 in 10 Americans report that they use a budget in some capacity, but fewer than 1 in 4 follow it consistently. This gap shows how difficult it is to create a budget that truly fits real life. Tracking every dollar or setting strict rules can backfire, adding shame, stress, and financial anxiety — especially when income or expenses don't…

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E-commerce prices rose in September. That could mean tough times for bargain hunters.

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🔥 Read this must-read post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Economic News,News ✅ Main takeaway: Key takeaways Online prices rose year-over-year in September for the first time in about two years, according to Signifyd, a fraud prevention company that analyzed price changes for about 60,000 products.Tariffs and higher corporate costs are likely to contribute to inflation in the e-commerce ecosystem. If scouring the Internet for deals is part of your budgeting routine, you may want to rethink this strategy. Online prices rose in September, according to fraud prevention firm Signifyd, which posted a…

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Concerns over bad loans rocked bank stocks on Thursday – how many ‘cockroaches’ are there?

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💥 Discover this awesome post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Stocks & Bond News,Markets News,News 📌 Main takeaway: Key takeaways Shares of regional banks fell Thursday after Zions Bancorp said it would write off loans to two borrowers it accused of fraud. Zion's debt write-off exacerbated concerns about lax lending standards and undisclosed entanglements between non-bank financial institutions, with which banks have increased business significantly in recent years. The recent bankruptcies of auto parts maker First Brands and subprime auto lender Tricolor Bank have Wall Street worried that more credit-related losses are on…

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The economic data blackout could become a data dark age as the lockdown continues

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💥 Discover this insightful post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Economic News,News ✅ Main takeaway: Key takeaways Government statistics agencies failed to publish three key economic reports that were scheduled for Thursday.Economists warn that October data may not only be delayed, but may be skipped entirely if the lockdown continues. Economic reports that government statistical agencies never received led economists to wonder what would happen if the data never arrived. Experts assume that government statistical agencies will try to play catch-up once the government reopens and publish delayed reports for October, as they…

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Do you want to increase your retirement savings by approximately 50%? New research finds this trait to be key

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💥 Discover this awesome post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Retirement Planning,Personal Finance 📌 Main takeaway: Key takeaways According to Goldman Sachs, people with high “financial grit” have, on average, 49% more retirement savings than those with low “financial grit.” Financial grit is not innate. It can be developed with a more positive mindset regarding money. Establishing an emergency fund, even as small as $2,000, can protect you from financial setbacks and boost resilience. How motivated are you to achieve your financial goals? Are you willing to make small sacrifices, like giving up…

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Regional banks pull back on concerns about bad loans; High data storage stocks

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🚀 Check out this must-read post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Markets News,News 📌 Main takeaway: Key takeaways Regional bank shares fell after a pair of banks revealed problems with bad and fraudulent loans, while data storage shares rose in the wake of higher price targets from analysts.Fifth Third Bancorp and Regions Financial were among the biggest decliners in the S&P 500 after Zions Bancorporation warned it was charging millions of dollars in fees to cover bad loans and Western Alliance said it was dealing with a fraudulent borrower.Shares of Micron Technology, Western…

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How people in their 40s save for retirement — and what “on track” really looks like

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✨ Read this must-read post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Retirement Planning,Personal Finance ✅ Main takeaway: Key takeaways Average retirement savings rates in workplace plans are about 11% to 12% for workers in their 40s; Try to move toward an overall contribution rate of 15% to 20% to close the gap quickly. Average 401(k) account balances rise sharply from the early 40s to the late 40s. The data suggests that the “typical” saver in their 40s has plenty of room to accelerate saving. You've reached your 40s and suddenly you're faced with a…

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United Airlines CEO warns of long shutdown

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💥 Check out this insightful post from Business News 📖 📂 Category: 💡 Here’s what you’ll learn: United Airlines CEO Scott Kirby speaks during the Semafor 2025 Global Economy Summit at Conrad Washington on April 24, 2025 in Washington, DC. Alex Wong | Getty ImagesUnited Airlines CEO Scott Kirby said the federal government shutdown could hurt bookings if it continues.Despite the funding impasse, essential federal employees, including TSA officers and air traffic controllers, are being asked to work without pay. The shutdown began on October 1, as Congress failed to pass a funding bill.Speaking on an earnings call Thursday, Kirby…

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