Strategist who nailed the recent S&P 500 top says three things are needed for a market bottom

Wariness is in order after the S&P 500’s bear-market finish and a potential 75 basis-point Fed hike just one day away. Gains for stock futures and a potential bounce are fading fast. Morgan Stanley’s Mike Wilson, who can count some wins after pounding the table this year over a gloomy stock setup, told clients on … Read more

Dividend stocks have trounced the market this year. Here are 15 high-yield stocks expected to raise payouts the most through 2024

The stock market, shocked by the Federal Reserve’s policy changes to fight inflation, has been gored this year, with growth and technology companies bearing the brunt of the biggest declines. Dividend stocks, in contrast, have actually risen. Below is a screen of the components of the S&P 500 High Yield Index expected to raise their … Read more

A Global Energy Shortage Is Putting Bitcoin Under Pressure

It has been a difficult start to the year for crypto markets and, as prices have plunged, the industry’s energy consumption has come back into the spotlight. Crypto miners are racing to make digital currencies greener by using renewable energy sources to power operations, while others head to gas sites to use waste carbon for … Read more

Was maintenance sacrificed in Entergy’s record-profit year?

NEW ORLEANS (WVUE) – Energy companies across the state are expected to ask state regulators for permission to charge fees for damages from last year’s hurricane season. But customers and a watchdog group want the state’s largest power provider, Entergy, to answer more questions about cost-saving moves and record profits during a year that saw … Read more

Entergy finalizing storm preparations for Hurricane Ida

Entergy New Orleans, LLC and Entergy Louisiana, LLC are finalizing storm preparations ahead of an intensifying Hurricane Ida, Entergy says customers should finalize their storm preparations and follow the guidance of local and state officials. Based on historical restoration times, customers in the direct path of a storm as intense as Hurricane Ida could experience … Read more