3 Income ETFs to Offset Social Security Shortfalls

As Social Security’s purchasing power continues to erode against persistent inflation above the Federal Reserve’s 2% target, millions of Americans face retirement income gaps that demand strategic solutions. A carefully selected mix of income ETFs offers a practical approach to bridge this shortfall, combining reliable cash flow from both equity dividends and fixed-income stability. Three specific funds—SCHD, VYM, and AGG—provide diversified exposure to help retirees fortify their income streams against Social Security deficiencies.

about 3 Income ETFs to Offset Social Security Shortfalls

Pfizer Avoids Tariffs, Cuts Drug Prices in Trump Deal

In a landmark move that sent shockwaves through global pharmaceutical markets, Pfizer has secured a crucial agreement with the Trump administration to avoid tariffs by committing to lower drug prices for American consumers. The deal, which includes a massive $70 billion domestic investment pledge, represents a significant victory for the pharmaceutical giant and sets a new precedent for industry pricing strategies. With competitors Eli Lilly and Merck expected to follow suit, this development signals a fundamental shift in how pharmaceutical companies navigate trade policy while addressing public pressure over medication costs.

about Pfizer Avoids Tariffs, Cuts Drug Prices in Trump Deal

Stock Market Update: Dow Falls as Nvidia and Quantum Stocks Struggle

The Dow Jones Industrial Average fell 0.4% amid mixed jobs data, with Nvidia attempting to recover after a significant drop. The ADP report indicated a rise in private payrolls but missed estimates, while initial jobless claims were lower than expected. Quantum computing stocks plummeted, and healthcare stocks like Merck and Johnson & Johnson also declined.

about Stock Market Update: Dow Falls as Nvidia and Quantum Stocks Struggle

Stock Market Today: Nasdaq and S&P 500 Struggle as Earnings Season Begins

Major stock indexes fluctuated as the Federal Reserve meeting began and earnings season ramped up. The Dow Jones rose, while the Nasdaq dropped, and the S&P 500 failed to reclaim a crucial support level. Notable stock movements included Tesla’s fall due to a vehicle recall, Lattice Semiconductor’s decline after reporting earnings, and various companies breaking out or slipping based on their quarterly results. Additionally, upcoming earnings from Microsoft, Meta Platforms, Apple, and Amazon.com were anticipated, while economic data on job openings and housing prices was released.

about Stock Market Today: Nasdaq and S&P 500 Struggle as Earnings Season Begins

A Busy Week Ahead: Key Earnings and Economic Updates Expected

The stock market is gearing up for a busy week with major companies like Apple, Amazon, Pfizer, and eBay set to report their earnings. The Federal Reserve’s policy meeting and a slew of economic data releases will also keep investors on their toes. Additionally, companies like Dell Technologies, Nvidia, and Walmart are showing positive momentum, adding to the anticipation in the market.

about A Busy Week Ahead: Key Earnings and Economic Updates Expected

Stock Market Sees Subpar Growth, Tech Stocks Lead Sharp Pullback

Stocks tumbled as the U.S. economy’s first-quarter growth fell short, with the Dow, S&P 500, and Nasdaq all experiencing significant declines. Companies like IBM, Caterpillar, and Microsoft saw steep drops, while others like Merck, Coca-Cola, and Apple rose. Meta Platforms Inc. also suffered a significant decrease after revealing weaker-than-expected revenue and increased spending on AI. Additionally, GDP for 2024’s first quarter rose by 1.6%, below economists’ expectations, and gold and oil prices fell while Bitcoin remained steady near $63,000.

about Stock Market Sees Subpar Growth, Tech Stocks Lead Sharp Pullback

Stock Market Today: Major Indexes Climb as Earnings Season Heats Up

Stocks rallied on Tuesday, with the Dow, S&P 500, and Nasdaq all making gains. First-quarter GDP results and the Fed’s preferred inflation gauge are anticipated later in the week, while big tech earnings are also on the horizon. Notably, General Motors exceeded expectations, while Tesla, Meta Platforms, Alphabet, and Microsoft are set to report their earnings this week.

about Stock Market Today: Major Indexes Climb as Earnings Season Heats Up

Stocks Drop as Tesla and Li Auto Cut Prices in Major Markets

The stock market faced a tough week, with the S&P 500 and Nasdaq Composite experiencing significant losses. Major companies, including Tesla and General Motors, are set to report earnings. Tesla and Li Auto cut prices in competitive EV markets, while the Bitcoin network completed its fourth “halving,” potentially impacting miners. Former President Donald Trump’s hush money trial is underway in New York. For more details, visit Bloomberg or the SEC.

about Stocks Drop as Tesla and Li Auto Cut Prices in Major Markets