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Equity vs. fixed income

Q: What are equity investments? -- R.T., Franconia, New Hampshire
A: In the financial world, "equity" often refers to stocks, while "fixed-income" generally refers to bonds. So a global equity mutual fund will focus on stocks from around the world, while a fixed-income analyst is one who studies bonds.
Q: ... (full story)


Until 2023? Parts shortage will keep auto prices sky-high

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TOLEDO, Ohio (AP) — Back in the spring, a shortage of computer chips that had sent auto prices soaring appeared, finally, to be easing. Some relief for consumers seemed to be in sight.
That hope has now dimmed. A surge in COVID-19 cases from the delta variant in several Asian countries that are the main producers of auto-g ... (full story)


Hiring a financial professional? 20 minutes of homework

Hate homework? How about 20 minutes of homework to check the background of the financial professional you want to hire? Here's how.
Start with BrokerCheck (brokercheck.finra.org), a free tool from FINRA (the Financial Industry Regulatory Authority). As you can guess from the name, FINRA regulates the brokerage industry.
On ... (full story)


Labor shortage leaves union workers feeling more emboldened

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NORFOLK, Va. (AP) — When negotiations failed to produce a new contract at a Volvo plant in Virginia this spring, its 2,900 workers went on strike.
The company soon dangled what looked like a tempting offer — at least to the United Auto Workers local leaders who recommended it to their members: Pay raises. Signing bo ... (full story)


'Lean In' circles help women in construction navigate bias

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NEW YORK (AP) — Bethany Mayer didn't want to go back to work after learning that a fellow ironworker insinuated that women like her didn't belong there.
Jordyn Bieker, an apprentice sheet metal worker in Denver, said she felt uncomfortable that her foreman asked her pointed questions about being gay.
Yunmy Carroll, a ... (full story)