Economy Latest Updates

Forbes.com | 06. 07. 2022 | Economy

Thailand’s benchmark index dipped since fortunes were last measured to drag down the combined wealth of the kingdom’s richest to $151 billion from $160 billion last year.

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Forbes.com | 06. 07. 2022 | Economy

The Chirathivats saw their net worth fall 9% to 10.6 billion amid ambitious growth plans in retail and property development.

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Forbes.com | 06. 07. 2022 | Economy

Rising consumer prices are a new headache for the Thai government as Southeast Asia’s second-largest economy recovers from a Covid-19 slump.

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Forbes.com | 06. 07. 2022 | Economy

China is home to the world's second-largest number of billionaires after the United States

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Forbes.com | 06. 07. 2022 | Economy

Forbes-SHOOK Best Idea Competition. Free plans attract new clients, wealth management assets for Merrill Lynch advisors.

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Forbes.com | 06. 07. 2022 | Economy

Marathon Petroleum (MPC) stock has been succumbing to the recent government pressure on big oil companies, last seen down 3.6% to trade at $78.81, after earlier slipping to its lowest level since March.

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Forbes.com | 06. 07. 2022 | Economy

La Posada Tax Clinic Director Robert Wunderle discusses the importance of low-income taxpayer clinics to the tax system and how his clinic serves the Twin Falls, Idaho, community.

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Forbes.com | 06. 07. 2022 | Economy

Fed officials could raise rates by 50 or 75 basis points later this month.

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Forbes.com | 06. 07. 2022 | Economy

As June 2022 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 6.25% to 13%.

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Forbes.com | 06. 07. 2022 | Economy

Asian equities were largely lower while India and the Philippines outperformed.

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Forbes.com | 06. 07. 2022 | Economy

Oil markets are pricing in recession concerns but many analysts remain bullish.

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Forbes.com | 06. 07. 2022 | Economy

The ongoing debate in Washington and in many state capitols over a gas tax holiday has become a classic example of our toxic partisan politics.

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Forbes.com | 06. 07. 2022 | Economy

The Federal Bureau of Prisons is having trouble implementing the First Step Act. now, federal prisoners who should be released are being kept in prison longer than necessary, sometimes for more than a year.

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Forbes.com | 06. 07. 2022 | Economy

In trading on Wednesday, shares of Chevron (NYSE:CVX) crossed below their 200 day moving average of $138.47, changing hands as low as $138.20 per share. Chevron shares are currently trading down about 2.8% on the day.

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Forbes.com | 06. 07. 2022 | Economy

Forbes-SHOOK Top Women Wealth Advisors donated $500,000 to breast cancer research.

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Forbes.com | 06. 07. 2022 | Economy

During the height of the pandemic two years ago SPACs were all the rage. The entire global economy was shuttered and so-called blank check companies seemed to offer exciting growth prospects. Sadly, the promise was never real.

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Forbes.com | 06. 07. 2022 | Economy

Despite filing a lawsuit stating that Bolt failed to deliver effective technology, ABG has joined the company’s shareholders and dropped its case.

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Forbes.com | 06. 07. 2022 | Economy

Tesla stock dropped after announcing fewer-than-expected vehicle deliveries in Q2 and a temporary shutdown at the company’s new Giga Berlin factory. Here's what it means for investors.

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Forbes.com | 06. 07. 2022 | Economy

KMB) is up around 3.8% in the past month (twenty-one trading days), performing better than the S&P 500 which was down 8.7% over this period.

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Forbes.com | 06. 07. 2022 | Economy

One way seniors aged 62 and older can access their home equity is with a federally insured reverse mortgage, known as a Home Equity Conversion Mortgage or HECM.

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Forbes.com | 06. 07. 2022 | Economy

Despite the pitches by TikTok financial gurus, most financial advisors agree that investing and life insurance products shouldn't be mixed.

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Forbes.com | 06. 07. 2022 | Economy

The proposed changes would curb runaway balance growth due to student loan interest capitalization, and would streamline and expand existing student loan forgiveness programs. Here are the details.

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Forbes.com | 06. 07. 2022 | Economy

There’s been a big uptick in interesting in leaving America but is it temporary or permanent? Many people get confused about U.S. taxes. The fact that you live abroad—even forever—does not mean you ever avoid U.S. taxes and the annual slog to file IRS returns every year.

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Forbes.com | 06. 07. 2022 | Economy

Elanco (NASDAQ: ELAN), an animal health products company, has seen a 17% fall in a month, underperforming the broader S&P500, which is down 9%.

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Forbes.com | 06. 07. 2022 | Economy

A stock’s current yield holds an almost untouchable place in most investors’ minds, but...

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Forbes.com | 06. 07. 2022 | Economy

Walgreens’ adjusted earnings declining 10% to $5.40 over the last twelve months, compared to $5.99 in 2019.

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Forbes.com | 06. 07. 2022 | Economy

Could this be the end of student loan forgiveness?

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Forbes.com | 06. 07. 2022 | Economy

The stock is currently trading at $77 per share, which is 29% below its fair value of $108 – Trefis’ estimate for Morgan Stanley’s valuation.

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Forbes.com | 06. 07. 2022 | Economy

The stock price of satellite TV and wireless services provider Dish Network has declined by about 15% over the past month, compared to the S&P 500 which remains down by about 7% over the same period.

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Forbes.com | 06. 07. 2022 | Economy

Tesla had to suspend production at its Shanghai factory, which accounts for about 40% of its production capacity, multiple times throughout the quarter.

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Forbes.com | 06. 07. 2022 | Economy

With the Russian invasion of Ukraine now into its fifth month, high energy prices and supply chain issues are weighing on consumers in Europe, which is ArcelorMittal’s single largest market (about 53% of sales in 2021).

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Forbes.com | 06. 07. 2022 | Economy

Wynn stock has declined by almost 32% year-to-date, considerably underperforming the S&P 500, which remains down by about 20% over the same period.

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Forbes.com | 06. 07. 2022 | Economy

Ekovest Construction—a unit of tycoon Lim Kang Hoo’s property developer Ekovest—has won the 1.98-billion-ringgit ($447 million) contract to build a high-speed railway that will link the southern Malaysian state of Johor Bahru to Singapore.

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Forbes.com | 06. 07. 2022 | Economy

Yuga Labs, the creator of the popular Bored Ape Yacht Club (“BAYC”) non-fungible token (NFT) collection, has sued an artist in Los Angeles federal court, accusing him of selling identical NFTs that are confusing potential buyers.

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Forbes.com | 05. 07. 2022 | Economy

June, by tradition has always opened the peak wedding season —but the pandemic’s pause on in-person ceremonies has surprisingly multiplied the number of marriage invitations this year.

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Forbes.com | 05. 07. 2022 | Economy

Robert Goulder examines whether the EU should act on its own if pillar 1 fails at the international level.

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Forbes.com | 05. 07. 2022 | Economy

Oil prices are stuck in a “tug-of-war between supply and growth concerns,” experts say.

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Forbes.com | 05. 07. 2022 | Economy

Sumit Handa, co-head of the investment committee at Pennington Partners and former CIO for the City of Philadelphia shares how consumers and investors are being affected by the sanctions

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Forbes.com | 05. 07. 2022 | Economy

Retirement planning is extremely challenging because we don’t know exactly when it is going to occur or how long we will be in retirement.

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Forbes.com | 05. 07. 2022 | Economy

How would it feel to have confidence that you’ll have financial stability no matter what happens in the economy, stock market, or with real estate prices?

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