Michigan’s $82.5 billion fiscal 2025 budget is set to be signed by Gov. Gretchen Whitmer and includes significant investments in roads and bridges. The funding for these infrastructure projects will come from the $700 million final tranche of Rebuilding Michigan Plan bonds, which will be issued later this year. This includes repairs to a key
Income
In the investment world, the price-to-earnings ratio (PE ratio) is considered a sacred measurement used to evaluate stocks. It is calculated by dividing a stock’s price by its net income per share. A higher PE ratio indicates that investors believe the company will experience significant earnings growth in the future, justifying the current price. For
Investors are constantly on the lookout for opportunities to bolster their portfolios and increase returns. Dividend-paying stocks have emerged as a popular choice for many, offering a source of consistent income while also potentially providing capital appreciation. However, not all dividend stocks are created equal. To truly benefit from this investment strategy, it is crucial
Investing in municipal bonds can be a lucrative way for investors to earn tax-advantaged income. These bonds offer income that is free from federal taxes, making them an attractive option for wealthier individuals. In addition, investors who reside in the state where the bond is issued may also avoid state taxes, further increasing their potential
The Securities Industry and Financial Markets Association (SIFMA) and the State of Missouri are currently embroiled in a legal battle over the state’s innovative environmental, social, and governance (ESG) investment regulation. The lawsuit revolves around laws that require advisors and broker-dealers to obtain consent from customers before engaging in investment activities based on social or
As investors seek opportunities to maximize their returns, special dividends have emerged as a compelling option. These one-time payments made by companies outside of their regular dividend cycle not only provide unexpected income to shareholders but also often lead to higher share prices in the market. According to Todd Castagno, a strategist at Morgan Stanley,
As the second half of the year unfolds, fixed-income investors are urged to assess their portfolios and make necessary adjustments. Initially, there were expectations of multiple interest rate cuts by the Federal Reserve in 2019. However, the Fed has maintained the federal funds rate at the range of 5.25% to 5.50%. There is a growing
Bitcoin has been facing a downward trend in June, with a recent sell-off pushing its price down to the $62,300 range. This selling pressure is largely attributed to crypto mining companies selling off Bitcoin as their revenues have taken a hit. In the aftermath of the reward halving in April, cryptocurrency miners experienced a 50%
When looking at the least difficult places to buy a home in the U.S., a new real estate indicator reveals that Iroquois County, Illinois, is the most cost-effective or affordable housing market among the measured counties. Cost is one of the contributing factors that determine the ease of purchasing a home in a particular area.
Selecting the right dividend-paying stocks can be a daunting task for any investor. However, Wall Street’s best analysts provide valuable insights into companies’ ability to provide attractive dividend yield and long-term upside. Kimberly-Clark (KMB) is a consumer products giant that stands out as this week’s first dividend pick. Known for popular brands like Huggies and