- The unemployment rate rose to 4.1% in June. Federal Reserve Chair Powell said the U.S. economy is on the “disflationary path” but it is too soon for rate cuts.
- The S&P 500 and Nasdaq hit new record highs. Speculation about a big market correction increased.
- Boeing agreed to buy Spirit AeroSystems. Amusement park operators Six Flags and Cedar Fair merged. Paramount and Skydance neared a merger deal. Amazon will get a stake in a Saks Fifth Avenue and Neiman Marcus merger.
- Meta was charged with failing to comply with EU tech rules. Google’s carbon emissions surged due to AI energy demand. The FDA approved Eli Lilly’s Alzheimer’s treatment. Southwest Airlines adopted a poison pill against an activist investor.
- Ford recalled some F-150s. Chinese EV makers posted record deliveries. An increasingly crowded EV market weighed on Tesla sales.
- Warren Buffett revealed what will happen to his money after he dies.
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Among the passive income options available to the majority of people, those with liquid assets may find dividend stocks to be a solution for covering bills and other expenses that have eclipsed normal budgets.
Five Dividend Aristocrats to Buy and Hold Forever for Dependable Passive Income
Chevron Corp. (NYSE: CVX) and International Business Machines Corp. (NYSE: IBM) are among the Dividend Aristocrats that passive income investors can buy now and hold forever.
The Single Best Dividend Stock Yielding Over 10%
Selecting the best dividend stocks for an investing portfolio can be a challenge. See why Barings BDC Inc. (NYSE: BBDC) could be the single best stock yielding over 10%.
The Best Stocks to Buy With $25,000 Right Now
See how Amazon.com Inc. (NASDAQ: AMZN), Nvidia Corp. (NASDAQ: NVDA), and more not only offer strong investment opportunities but also work well together in a balanced portfolio.
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