Yahoo Finance entertainment reporter Allie Canal breaks down opening weekend forecasts for "Minions: The Rise of Gru", previous July 4th box office records, "Top Gun: Maverick" breaking $1 billion, and previews upcoming summer blockbusters.
The S&P 500 index has been pushed into bear-market territory and now trades down roughly 21% year to date. U.S. gross domestic product (GDP) unexpectedly fell 1.6% in this year's first quarter, and recently released data modeling from the Atlanta Federal Reserve estimates that the country's GDP contracted 1% in the recently completed second quarter. If so, that means the economy will have notched two consecutive quarters in decline and likely have entered a recession.
What's the best way to build wealth and get rich in the stock market? Contrary to what you may have heard, it isn't by speculating on penny stocks, day trading, or any other risky method. The right way (and the most reliable way) to "get rich" with stocks is to invest in rock-solid businesses and hold them for as long as they remain rock-solid businesses.