Financial news for dummies? (2024)

Financial news for dummies?

Read a mix of professional and amateur content

Professional journalists -- those at The Wall Street Journal, New York Times, Financial Times, and so on -- will always be more factually accurate, have better access to reputable sources, and can dig deeper into a subject than most amateur bloggers.

What is the best way to read financial news?

Read a mix of professional and amateur content

Professional journalists -- those at The Wall Street Journal, New York Times, Financial Times, and so on -- will always be more factually accurate, have better access to reputable sources, and can dig deeper into a subject than most amateur bloggers.

How do you keep up with financial news?

Top 8 Apps for Financial News
  1. CNBC Breaking Business News App. The CNBC Breaking Business News app (available on iPhone and Android) is NBC's flagship financial news app. ...
  2. TheStreet App. ...
  3. Bloomberg: Business News App. ...
  4. Fox Business App. ...
  5. Barron's App. ...
  6. MarketWatch App. ...
  7. The Wall Street Journal App. ...
  8. SeekingAlpha Portfolio App.

How can I get financial news fast?

On the other hand, if you are an investor, you need a website that is more detailed.
  1. Free vs paid news sources. A common question is whether free news sources are usually better for day traders. ...
  2. Bloomberg. Bloomberg is the biggest business news source in the world. ...
  3. Reuters. ...
  4. CNBC. ...
  5. Twitter. ...
  6. Reddit. ...
  7. Stocktwits. ...
  8. Watchlists.

Which newspaper is the definitive source of financial news?

The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video.

What are the best financial statements to read?

The income statement, balance sheet, and statement of cash flows are required financial statements. These three statements are informative tools that traders can use to analyze a company's financial strength and provide a quick picture of a company's financial health and underlying value.

Where can I get daily financial news?

Yahoo Finance - Stock Market Live, Quotes, Business & Finance News.

Where do day traders get their news?

This involves reading stories from various newspapers and financial websites, as well as listening to updates from financial news networks, such as CNBC and Bloomberg. The futures markets, as well as the broad market indexes, are noted as traders form opinions about the direction they expect the market to trend.

How to talk about finances so non financial folks will listen?

The following are some recommendations:
  1. Use less jargon. Stolow advised CFOs to banish jargon, saying, “Accounting and finance have a jargon that's extremely intimidating and off-putting for people not experienced with it. ...
  2. Build trust. ...
  3. Use images and words instead of numbers where possible. ...
  4. Use consistent metrics.

What is the number one news site?

Top 50 news websites in the US
WebsiteVisits, Dec 2023
1nytimes.com464.4m 464.4m
2cnn.com374.7m 374.7m
3foxnews.com262.1m 262.1m
4msn.com259.2m 259.2m
21 more rows
6 days ago

What is the most read news website?

Leading news websites in the U.S. 2023, by monthly visits

In December 2023, the news website with the most monthly visits in the United States was the New York Times' website, with a total of 464.4 million monthly visits to nytimes.com in that month.

What does CNBC stand for?

CNBC is an American business news television channel, formerly called Consumer News and Business Channel until 1991.

How do stock traders get news so fast?

Market data platforms

Many stock broking firms publish market analysis and research reports. Traders may also receive investment recommendations from specialized data platforms such as Bloomberg Terminal, Thomson Reuters Eikon and Fact Set. These are normally paid platforms and are very popular among advanced traders.

Is CNBC app free?

The only free App that delivers Real-Time stock quotes before, during and after market hours (4am-8pm), direct from the NYSE and NASDAQ.

Is Yahoo Finance a reliable source?

Yahoo Finance is a reliable and easy-to-use financial app that provides real-time data on stocks, bonds, cryptocurrencies, and more. It offers a user-friendly interface, comprehensive news section, and customizable alerts for managing investments. However, there are some issues with lagging and bugs in the app.

Is Bloomberg Terminal worth it?

Information Advantage: Bloomberg Terminals provide a wealth of real-time financial data, news, and analytics. This can give users a significant advantage in making informed investment decisions. Traders and investors often rely on Bloomberg Terminals to stay updated on market developments.

What is happening in financial markets right now?

Top U.S. Markets
IndexLastChange
trading higher Dow Jones Industrial Average .DJI38,109.43+60.30
trading lower Nasdaq Composite Index .IXIC15,455.36-55.13
trading lower S&P 500 Index .SPX4,890.97-3.19

What is Bloomberg in simple words?

What is Bloomberg? Bloomberg is a high tech, market moving, data driven, cross platform, information company designed to solve global problems.

How does Warren Buffett read financial statements?

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out. Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Which 2 financial statements are most important?

This will be followed by the two essential financial statements:
  • The balance sheet (sometimes also known as a statement of financial position)
  • The income statement (which may include the statement of retained earnings or it may be included as a separate statement)

What are the five 5 basic financial statements?

For-profit primary financial statements include the balance sheet, income statement, statement of cash flow, and statement of changes in equity. Nonprofit entities use a similar but different set of financial statements.

Why is Bloomberg so expensive?

Well, Bloomberg terminals are expensive because of their comprehensive features, data quality, and industry-wide adoption. These make them invaluable tools for professionals working in finance, investment management, and related fields.

Why is Bloomberg not public?

If Bloomberg went public and offered shares on the open market, that would dilute ownership, spreading it across multiple shareholders. This also means the company would have to answer to these parties about the direction of the company.

What happened to Financial News Network?

FNN ceased operations at 6:00 p.m. Eastern Time on May 21, 1991. CNBC immediately took over FNN's satellite transponder space, more than doubling its audience at one stroke, and branded its business day programming as "CNBC/FNN Daytime" until 1992.

How much money do day traders with $10000 accounts make per day on average?

If you have a trading account of $10,000, a good day might bring in a five percent gain, or $500.

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