Expert on how to get started with investing
A new survey from Bankrate finds that the stock market is the preferred choice for long-term investing, though 21% of Americans avoid it due to intimidation. CBS News business analyst Jill Schlesinger offers tips on how to get started with investing.
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Forbes
20 minutes ago
- Forbes
Fleetwood Mac Reaches A New Career Peak With A Decades-Old Classic
Rumours made music history when Fleetwood Mac released the collection back in 1977. The pop-rock effort was heralded as a critical triumph at the time, as well as a commercial juggernaut, and it is now regarded as one of the greatest albums ever. In the decades since it dropped, the project has remained a behemoth — one that has enjoyed a second life once the music industry shifted from pure purchases to streaming platforms. Rumours and its many hit singles began performing well across all consumption metrics, as Americans keep buying the set in addition to listening to it on streaming sites. As the beloved title approaches its half-century birthday, it is still climbing to new highs on the Billboard rankings in the U.S. This week, Rumours appears on half a dozen Billboard charts dedicated to full-lengths and EPs. Its performance is mixed, and it only manages to climb on one of them – but on that roster, the set soars to a new all-time peak. On that one list, Rumours jumps from No. 35 to No. 30 on the Top Streaming Albums ranking, which focuses exclusively on the projects that rack up the most plays on platforms like Spotify, Apple Music, and others. Fleetwood Mac has only sent one set to the Top Streaming Albums chart, so every time Rumours hits a new peak, the band does as well. The full-length pushes to its never-before-seen high point 34 frames into its time on the tally. Rumours is largely holding steady in the U.S., even as it climbs on the Top Streaming Albums ranking. This frame, it continues to appear on the Billboard 200, Top Rock & Alternative Albums, and Top Rock Albums lists, not budging an inch on any of them. At the same time, it declines — but only slightly — on both the Top Album Sales and Vinyl Albums charts. While Rumours has only spent a few months on the Top Streaming Albums chart, it has racked up years on every other list on which it appears. Fleetwood Mac's collection has spent the most time on the Billboard 200, where it's up to 634 stays. It has already passed more than 400 frames on all of the other rosters.
CNN
21 minutes ago
- CNN
Americans aren't feeling encouraged by Trump's trade negotiations
Americans didn't feel any sense of optimism about the US economy this month, despite tensions easing somewhat in President Donald Trump's ever-evolving trade war. Consumer sentiment held steady in May compared to the prior month at a final reading of 52.2, the University of Michigan said in its latest survey released Friday. Sentiment was slightly worse earlier this month, according to a preliminary reading, which 'turned a corner in the latter half of the month following the temporary pause on some tariffs on China goods,' according to a release. The chaotic rollout of Trump's tariffs has unsettled Americans in recent months, but it doesn't necessarily mean spending is bound to weaken, economists say. Still, the resilience of the US economy — including the labor market — has come into question as Wall Street, the Federal Reserve and everyday consumers continue to have a bleak outlook. 'Consumers see the outlook for the economy as no worse than last month, but they remained quite worried about the future,' Joanne Hsu, the survey's director, said in a release. The economy's health now largely hinges on what happens in Trump's trade war. A court this week deemed it unlawful for Trump to use emergency powers to put in place most of his sweeping tariffs, though the administration on Thursday successfully appealed to put them back into place for now. On Friday, Trump claimed that China has 'totally violated' its trade agreement with the United States. The latest Michigan survey was conducted through May 26, so it doesn't take into account the recent court rulings and Trump lashing out at China. This story is developing and will be updated.
CNN
22 minutes ago
- CNN
Americans aren't feeling encouraged by Trump's trade negotiations
Americans didn't feel any sense of optimism about the US economy this month, despite tensions easing somewhat in President Donald Trump's ever-evolving trade war. Consumer sentiment held steady in May compared to the prior month at a final reading of 52.2, the University of Michigan said in its latest survey released Friday. Sentiment was slightly worse earlier this month, according to a preliminary reading, which 'turned a corner in the latter half of the month following the temporary pause on some tariffs on China goods,' according to a release. The chaotic rollout of Trump's tariffs has unsettled Americans in recent months, but it doesn't necessarily mean spending is bound to weaken, economists say. Still, the resilience of the US economy — including the labor market — has come into question as Wall Street, the Federal Reserve and everyday consumers continue to have a bleak outlook. 'Consumers see the outlook for the economy as no worse than last month, but they remained quite worried about the future,' Joanne Hsu, the survey's director, said in a release. The economy's health now largely hinges on what happens in Trump's trade war. A court this week deemed it unlawful for Trump to use emergency powers to put in place most of his sweeping tariffs, though the administration on Thursday successfully appealed to put them back into place for now. On Friday, Trump claimed that China has 'totally violated' its trade agreement with the United States. The latest Michigan survey was conducted through May 26, so it doesn't take into account the recent court rulings and Trump lashing out at China. This story is developing and will be updated.
