Preferred stocks supply steady dividends to investors — here’s how to evaluate them for your portfolio

Preferred stock shares pay higher dividends and their prices are less volatile. seksan Mongkhonkhamsao/ Getty Images Preferred stock is a type of equity (ownership) security issued by companies to raise money.Preferred stocks pay a higher, fixed dividend than common stock, but their share prices don’t appreciate as much as common shares do. Preferreds are best for…

Germany just approved a $180 billion fund designed to reduce the nation’s reliance on Russian energy supply

German Finance Minister Christian Lindner. CHRISTIAN SPICKER/AFP via Getty Images Germany’s cabinet backed a plan on Wednesday for a $180 billion fund to bolster energy efficiency.  The funding comes as Germany and other EU countries look to cut their reliance on Russian energy.  Funding will go in part toward energy-efficiency renovations for existing buildings, but…

Summer of extreme weather continues, with deadly floods in St. Louis and a heat-wave emergency in Oregon

Matthew Carr dries himself after cooling off in the Salmon Street Springs fountain before returning work cleaning up trash on his bicycle in Portland, Oregon, on Tuesday, July 26, 2022. Craig Mitchelldyer/Associated Press Record heat and flooding are the latest extreme weather events in the US this summer.  A man in St. Louis died after…

Biden compares his COVID recovery to Trump’s: ‘He had to get helicoptered to Walter Reed’

Former President Donald Trump and Current President Joe Biden both contracted COVID-19 during their time in office. Drew Angerer/Getty Images, Anna Moneymaker/Getty Images After testing negative for COVID-19, President Biden delivered remarks from the Rose Garden. Biden encouraged Americans to get vaccinated and boosted. He said his recovery differed from former President Donald Trump because…

An Introduction to Super Apps in Banking

Consumers’ growing time spent with mobile and their overwhelming choice of products and providers are driving demand for rebundling in financial services. Super apps are emerging as the solution to meet this demand and improve the digital customer experience. In “An Introduction to Super Apps in Banking,” we detail the building blocks of a financial…

McDonald’s says customers are ordering cheaper options and cutting out combos because of inflation

Hollis Johnson/Business Insider McDonald’s says lower-income customers are changing buying habits due to inflation. The chain increased prices by about 9% last quarter and saw a slight boost in sales. McDonald’s prices aren’t increasing as quickly as grocery prices, which might make it more appealing to customers. McDonald’s customers are paring down their orders, the…

I came up with a credit-card strategy that’s gotten me discounts of nearly 15% on my purchases, and it just takes a bit of organization

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Terms apply to offers listed on this page. Read our editorial standards. The author, Peter…

How your organization can stay secure, even in an ever-evolving threat landscape

Provided by IBM By Chris McCurdy, General Manager and Vice President Worldwide IBM Security Services, IBM Here’s the ugly truth: Businesses have struggled to rise to the cybersecurity challenge they’re faced with today. In fact, the challenge has only steepened as cyberattacks grow more disruptive and the volume of breaches increases. But businesses are looking…

The G7 is looking to cap Russian oil prices by December as China and India show interest in minimizing import costs, report says

oris Johnson, Prime Minister of the United Kingdom, (front l-r) Joe Biden, President of the United States, and German Chancellor Olaf Scholz (SPD) , behind (l-r) Fumio Kishida, Prime Minister of Japan, Ursula von der Leyen, President of the European Commission (EU), Charles Michel, President of the European Council, Mario Draghi, Prime Minister of Italy,…