How to maximize your credit score during a credit card transition

Many actions can affect your credit score, such as if you pay your bills on time or how much available credit you have. Also on that list: credit card transitions — when your card issuer changes behind the scenes. Credit card transitions happen “periodically,” and though you can’t control them, they may affect your credit […]

How to maximize your income now that Federal Reserve has cut rates

Now that the Federal Reserve has started cutting rates again, investors may be on the hunt for new sources of income. The central bank lowered the federal funds borrowing rate by 25 basis points — or 0.25 percentage point — on Wednesday. As that rate decreases, yields on short-term assets like money market funds and […]

Will the tariffs lead to a recession? Here’s how to know if we’re in one

WASHINGTON (AP) — President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession. The tariffs, set to take effect Wednesday, include a 10% blanket duty on nearly all countries and […]

This bank stock is losing momentum. How to profit from a pullback using options.

The financial sector broke out of its trading range recently and has been soaring after a stellar round of earnings reports from major financial institutions like JPMorgan Chase, Wells Fargo, BlackRock and Morgan Stanley. However, markets don’t usually move in a straight line. A recent mean reversion trade I shared on Alibaba demonstrated this well […]

This industrial stock reporting Friday could indicate an economic slowdown. How to trade it

With earnings season kicking off, we’ll break down an industrial stock reporting Friday and how to trade it. Earnings season occurs four times a year when many publicly traded companies release quarterly earnings reports, providing investors with detailed financial information such as revenue, profit, earnings per share, and other vital metrics. Historically, Alcoa Inc. marked […]

How to save on Thanksgiving costs despite inflation

Tetra Images | Tetra Images | Getty Images Families preparing for Thanksgiving will find that turkeys are cheaper this year. The U.S. bird population recovered from last year’s avian flu, boosting supply and helping push down prices. This year, a 16-pound frozen whole turkey costs $27.35 on average, a 5.6% decrease from 2022, according to […]