Nearing retirement? Here’s how to shift your portfolio from growth to income.

Nearing retirement? Here’s how to shift your portfolio from growth to income.

Over the decades, perhaps you’ve been very good at saving your money and investing it for long-term growth. But when the time comes for you to stop working or to step back to a part-time job, you might need to shift your focus. It’s time to think about income. When you were decades away from…

Tesla unlocks EV network. What’s next in making chargers as easy as pumping gas?

Tesla unlocks EV network. What’s next in making chargers as easy as pumping gas?

Biden administration efforts to guarantee at least 500,000 electric-vehicle chargers across the U.S. in coming years got a boost with White House confirmation that Tesla will make at least 7,500 of its chargers — long notoriously limited to its own cars — open to any EV by the end of 2024. Tesla TSLA, +3.10% had…

Opinion: These 2 oil stocks look cheap now because of their ‘ESG discount’ — but maybe not for long

Opinion: These 2 oil stocks look cheap now because of their ‘ESG discount’ — but maybe not for long

Some quality stocks are being heavily discounted now because environmental, social and governance (ESG) investors shun them. Consider the energy giants TotalEnergies TTE, +3.19% and Shell SHEL, +3.29%.   Shares of these two Europe-based companies trade at half the valuation of their U.S. counterparts. “It’s absurd,” says Dan O’Keefe, manager of the Artisan Global Value…

Not Beyond Petroleum after all — BP says it’s increasing investment in oil and gas as much as it’s boosting renewable spending

Not Beyond Petroleum after all — BP says it’s increasing investment in oil and gas as much as it’s boosting renewable spending

BP on Tuesday said it was boosting spending on oil and gas as much as it will on what it calls “transition growth engines,” a sign of both the pushback energy giants have received for their moves into the renewable energy space as well as the need for energy security and affordability. BP BP, -0.88%…

Chevron’s record profit missed the mark. Here’s why.

Chevron’s record profit missed the mark. Here’s why.

Chevron Corp. ‘s record-busting earnings came in slightly under Wall Street expectations on Friday, sending the stock more than 4% lower and making it a top equity-market loser. Chevron CVX, -3.99% earlier Friday reported a mixed fourth quarter, beating the analyst consensus on revenue, and the stock went on to lead losses among S&P 500…

Best stock picks for 2023: Here are Wall Street analysts’ favored choices

Best stock picks for 2023: Here are Wall Street analysts’ favored choices

Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists of analysts’ favorite stocks among the benchmark S&P 500 SPX, the S&P 400 Mid Cap Index MID and the S&P Small Cap 600 Index SML that are…

Small-cap stocks are poised to beat the S&P 500 when the market rebounds

Small-cap stocks are poised to beat the S&P 500 when the market rebounds

Small-cap stocks are trading near a two-decade low relative to large-cap stocks. When the stock market rebounds next year, as is expected by many investment-bank strategists, those smaller companies may outperform. Below is a screen of analysts’ favorite small-cap stocks for 2023, culled from the S&P Small Cap 600 Index SML, -1.07%, which requires that…

Chevron gets new U.S. license to pump oil in Venezuela again

Chevron gets new U.S. license to pump oil in Venezuela again

The U.S. said it would allow Chevron Corp. to resume pumping oil from its Venezuelan oil fields after President Nicolás Maduro’s government and an opposition coalition agreed to implement a humanitarian program and continue dialogue in Mexico City on efforts to hold free and fair elections. Following the agreement, the Biden administration granted Chevron CVX, -0.29% a…

TotalEnergies proposes wage negotiations this month if fuel-depot blockages end

TotalEnergies proposes wage negotiations this month if fuel-depot blockages end

TotalEnergies SE TTE, -0.57% on Sunday said that it was willing to bring forward annual wage negotiations with some of its employees in France if strike action causing blockages at the oil company’s fuel storage depots ends. The company proposed beginning negotiations this month rather than in November. It would be the second time the…

10 energy stocks that are analysts’ favorites as OPEC makes oil-production cuts

10 energy stocks that are analysts’ favorites as OPEC makes oil-production cuts

The OPEC+ group of oil-producing countries has agreed on a drastic cut to the global supply. The speculation has helped oil reverse its recent declines. And that means it’s time to take another look at stocks of U.S.-listed energy companies that are favorably positioned to take advantage of higher prices. The cartel agreed on Wednesday…

Facebook parent is no longer one of 10 most valuable U.S. companies. Here’s what just overtook it.

Facebook parent is no longer one of 10 most valuable U.S. companies. Here’s what just overtook it.

Meta Platforms Inc. is furthering its descent through the ranks of the biggest companies in the U.S., this time falling below Exxon Mobil Co. for the first time in more than five years. The Facebook parent company finished Thursday’s session with a market value of $366.6 billion, while Exxon XOM, -1.54% closed with a market…

U.S. stocks close at lowest level in nearly 2 years as S&P 500 sees longest losing streak since February 2020

U.S. stocks close at lowest level in nearly 2 years as S&P 500 sees longest losing streak since February 2020

The S&P 500 index closed at its lowest level in nearly two years Tuesday while cementing its longest losing streak since February 2020 as markets remained volatile, with only the Nasdaq Composite escaping a daily loss. How stocks traded The Dow Jones Industrial Average DJIA, -0.43% closed 125.82 points, or 0.4%, lower at 29,134.99. The…

TotalEnergies’s carbon storage venture gets first customer

TotalEnergies’s carbon storage venture gets first customer

TotalEnergies SE on Monday said that its carbon dioxide capture and storage venture, Northern Lights, has secured its first commercial agreement from Yara International ASA. Starting in early 2025, 800,000 tons of carbon dioxide a year from Yara’s YAR, -0.94% Sluiskil ammonia and fertilizer plant will be captured, compressed, and liquefied in the Netherlands before…

Only 5 S&P 500 stocks ended higher after Powell’s sobering Jackson Hole speech

Only 5 S&P 500 stocks ended higher after Powell’s sobering Jackson Hole speech

It took only a 10-minute speech from Federal Reserve Chairman Jerome Powell on Friday to clarify that monetary policy would be relentlessly tightened in the months ahead. Investors dumped stocks, sending the S&P 500 Index down 3.4% following two days of gains. Only five stocks in the S&P 500 SPX, -3.37% were up on Friday:…

Where are the high-paying ‘green’ jobs? Often in the states fighting against them.

Where are the high-paying ‘green’ jobs? Often in the states fighting against them.

Energy-state lawmakers tend to grouse about high-paying jobs in the oil and gas industry being lost to solar and wind power. But new research shows that most alternative-energy jobs, which have tripled U.S.-wide in just two decades, are concentrated in the states where the traditional energy sector long employed residents and juiced the broader local…

Weekend reads: What’s ahead for the stock market after that brutal first half of 2022

Weekend reads: What’s ahead for the stock market after that brutal first half of 2022

The first half of 2022 marked a big change for investors and consumers, as inflation reared its ugly head. It was the worst start of the year for U.S. stocks since 1970. William Watts looks back at previous first-half bear markets and you might be surprised to see what happened afterward — every time. Meanwhile,…

Exxon says rising oil and gas prices will net it a Q2 windfall profit of at least $2.5 billion

Exxon says rising oil and gas prices will net it a Q2 windfall profit of at least $2.5 billion

Exxon Mobil Corp. said in a filing late Friday it expects a boost of at least $2.5 billion to its bottom line in the second quarter from rising prices for oil and gas, with billions more coming from higher margins for gasoline and other energy products. Exxon XOM, +2.23% estimated between $1 billion and $1.4…

These dividend stocks yield at least 5% and have plenty of room to raise payouts

These dividend stocks yield at least 5% and have plenty of room to raise payouts

This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts considerably. There are different approaches to selecting dividend stocks. For example, John Kornitzer, who co-manages the Buffalo Flexible Income…