Economy Latest Updates
We can speak of the harm of slavery, but need more political will to actually address it. It's time to move from acknowledging history, to mending the ongoing racial wealth gap.
Source: Forbes.com
Section 6 of the Uniform Public Expression Protection Act provides for the hearing on the special motion for expedited relief.
Source: Forbes.com
The party’s over for the biggest of the big bank stocks.
Source: Forbes.com
Your business has a lot of cash, but is in trouble. Creditors will want to claim that money. Here’s a clever way to shield it.
Source: Forbes.com
Healthcare—along with consumer staples (“buying stuff”) and utilities (“keeping the lights on”)—provide portfolio stability.
Source: Forbes.com
Inflation is already at 5% and probably headed higher. What are you going to do about it?
Source: Forbes.com
In trading on Friday, shares of Honeywell International entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $212.20 per share.
Source: Forbes.com
The common explanation for the Nasdaq resurgence this past month has been that inflation is indeed transitory, and thus Federal Reserve policy can remain accommodative and expensive stocks can continue to marinate at record valuations.
Source: Forbes.com
Mistakes in the Estate Planning of high profile celebrities is one very good way to learn the lesson of what not to do.
Source: Forbes.com
Mark Cuban, the billionaire investor and owner of the Dallas Mavericks that has begun dabbling in bitcoin and crypto, has called for regulation of burgeoning decentalized finance (DeFi) space...
Source: Forbes.com
Sam Bankman-Fried, the billionaire chief executive of cryptocurrency exchange FTX, has said dogecoin is the "asset of the year for 2020 and 2021"...
Source: Forbes.com
Easements on 8,236 acres yielded charitable contributions of $956 million. That works out to $116,076 per acre. Assuming a 37% rate the tax subsidy for the easements would be just shy of 43,000 per acre if the deductions held up.
Source: Forbes.com
The Biden administration has released the Green Book, with the most sweeping changes in a century, but at what unintended cost?
Source: Forbes.com
Steve Mandel's firm invests in newly public fintech company
Source: Forbes.com
For those looking to capitalize on the magic of compounding interest to reach their financial goals faster and easier, this conversation of when to invest begs the question, "Is there a best time to buy stocks?"
Source: Forbes.com
John Bel Edwards became the first Democratic governor to cancel the $300 a week federal unemployment benefit before its scheduled expiration date of September 6
Source: Forbes.com
American International Group stock has gained around 37% YTD, increasing from about $38 at the beginning of 2021 to around $52 currently, significantly ahead of the S&P500, which grew 12% over the same period. Trefis estimates American International Group’s valuation to be around $53 per share...
Source: Forbes.com
As Fed week winds down, investors are looking at the potential for a down day. Also, stock index futures and options, stock options, and single-stock futures expire today.
Source: Forbes.com
Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Southwest Airlines Co among others.
Source: Forbes.com
The Dow Jones dropped 400 points, the S&P 500 fell 0.8%, and the Nasdaq dipped 0.5%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
Source: Forbes.com
Our theme of Stocks That Benefit From Rising Business Spending, which includes heavy equipment makers, electrical systems suppliers, automation solutions providers, and semiconductor fabrication equipment players that stand to benefit from higher capital spending, is up by 29% year-to-date...
Source: Forbes.com
The Dow Jones dropped 400 points, the S&P 500 fell 0.8%, and the Nasdaq dipped 0.5%. Find opportunities with today's best short plays from Q.ai's deep learning algorithms.
Source: Forbes.com
His announcement sent semiconductor names among other growth stocks higher in both Mainland China and Hong Kong.
Source: Forbes.com
U.S. inflation has been trending higher, as abundant liquidity, soaring demand following Covid-19 lockdowns, and supply-side constraints are putting pressure on prices. On Wednesday, the Federal Reserve considerably raised its expectations for inflation for 2021, projecting that prices for personal.
Source: Forbes.com
Trefis expects the Payments Volume per Visa (NYSE:V) Card to increase moderately from around $2,520 in 2020 to $2,540 in 2021 while rising to $2,620 in 2022...
Source: Forbes.com
How Julie Steller of Minneapolis is making the COVID-19 pivot once again
Source: Forbes.com
The 'Friends Talk Money' podcast hosts on the blockchain, Bitcoin and the wild world of cryptocurrency
Source: Forbes.com
Electric vehicle start-up Canoo (NASDAQ: GOEV) has seen its stock rally by almost 35% over the last month. The recent gains are driven partly by increasing interest from Reddit traders who have been bidding up prices of small and mid-cap stocks with high levels of short interest...
Source: Forbes.com
Most people could increase their nest eggs and retirement security by doing less.
Source: Forbes.com
At-home fitness major Peloton (NASDAQ: PTON) has been one of the big winners through the Covid-19 pandemic, with its stock up by over 5x since the first set of Covid-19 lockdowns back in March 2020. The stock now trades at about $105 per share, or almost 6x projected FY’22 revenues...
Source: Forbes.com
The U.S. Department of Defence has selected Verizon (NYSE:VZ) to manage a wide area network connecting its crucial R&D labs and High-Performance Computing (HPC) locations...
Source: Forbes.com
Trefis expects Mastercard's (NYSE:MA) Payment Volume per Card to increase from $1,725 in 2020 to about $1,810 in 2021 and about $1,940 in 2022...
Source: Forbes.com
IRS reaffirms that crypto-to-crypto trades (BTC, ETH & LTC) are not eligible for the like-kind of exchange treatment.
Source: Forbes.com
To most of the sane world, charging clients lots of money for doing nothing—providing no meaningful product or service—sounds like the very definition of fraud. But much of what happens every day on Wall Street is far from rational or fair.
Source: Forbes.com
What took place this week in the credit card and payment industries
Source: Forbes.com
Benjamin M. Willis talks with Mark Oberstaedt and Ken Ahl, partners at Archer, about their help with a major taxpayer victory regarding foreign bank account report penalties.
Source: Forbes.com
Many of the traditional asset management behemoths are expanding their operations to include private capital to help counteract the profit margin pressures on their traditional investing offerings.
Source: Forbes.com
Up more than 2x from its low in March 2020, at the current price of $28 per share, we believe HP Inc. stock (NYSE: HPQ) has further upside potential. HP Inc. has seen its stock rise from $14 to $28 off its March 2020 low, more than the S&P which increased by over 85% from its lows...
Source: Forbes.com
The April 2021 Upper Tribunal decision in the case of Tower Resources Plc [2021] UKUT 123 could provide a “roadmap” of the steps holding companies should take to ensure they have an economic activity that results in the making of taxable supplies and consequently an entitlement to recover VAT.
Source: Forbes.com