(Photo credit WILLIAM WEST/AFP via Getty Images) AFP via Getty Images 2022 has been a bad year for most markets, but that could create opportunities for tax-loss harvesting. Tax-loss harvesting can pr...
Category: Finance
Live Finance News Updates.
Fed Governor Pours Cold Water On Stock Market Rally; Nvidia, AMD Take Center Stage
Major stock market indexes traded mixed in the first half of Monday’s session. A Fed governor told traders and investors on Sunday to curb their enthusiasm after last week’s spectacular pr...
GOP lawmaker donates FTX exec’s campaign contribution
Rep. Kevin Hern, R-Okla., is the latest member of Congress to donate political funds he received from an FTX executive, distancing himself after the troubled crypto exchange filed for bankruptcy prote...
Financial Clean-Ups That Provide CEOs Direction
One of the best, most direct ways of staying on top of financial management is to institute simple, routine habits with a financial clean-up. getty Running your own company – from designing a st...
An Initial Look at The Fallout from FTX’s Collapse
November 14, 2022, 4:37PM EST • 4 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. This issue of Rapid Insights summarizes the latest d...
Amazon to layoff 10,000 workers as soon a this week: Report
Amazon (AMZN) is preparing to lay off roughly 10,000 employees as soon as this week, The New York Times reported on Monday, citing unnamed sources familiar with the matter. The layoffs come as the tec...
Why The Lame Duck Session Will Be Crucial For January 6 Investigation And Election Legislation
Topline Congress returned to Washington on Monday to begin its final session before new members take office in January, and lawmakers are expected to address several measures related to the January 6 ...
Nu Holdings’s Q3 profit bests estimate; shares rise
Nu Holdings reported a surprise net profit of $7.8 million, besting analyst expectations for a net loss of $9 million. The Sao Paulo-based neobank’s third-quarter revenue totaled $1.3 bill...
The Fed risks plunging U.S. economy back into a 1930s-style Great Depression, warns Cathie Wood
The United States is teetering on the edge of another Great Depression, ARK Invest’s Cathie Wood warns, and the Federal Reserve will take the blame if it does. It is not the absolute increase in Fed r...
Biden’s Student Loan Forgiveness Plan Kept On Hold As Court Sides With GOP States
Topline The Biden Administration will remain blocked from dispersing student loan forgiveness to millions of borrowers, at least while litigation against its policy plays out, as a federal appeals cou...
Biden nominates Gruenberg for full FDIC chairmanship
President Joe Biden nominated Martin Gruenberg to chair the Federal Deposit Insurance Corporation, one of the U.S. banking regulators. Gruenberg has occupied the role in an acting capacity sinc...
Coinbase CEO Brian Armstrong Says Sam Bankman-Fried Probably Committed Fraud, Warns of More FTX Contagion
Coinbase CEO Brian Armstrong is weighing in on the collapse of crypto exchange FTX, saying that the firm’s CEO Sam Bankman-Fried probably committed some form of fraud during the ordeal. In a new inter...
Who is billionaire FTX co-founder Gary Wang and why is he still committing code?
As the crypto exchange FTX unravelled this month, the spotlight has remained firmly on its CEO, Sam Bankman-Fried, who cultivated a public persona as an altruist while lobbying top regulators and poli...
If You Invested $10k In Annaly Capital Management 5 Years Ago, Here’s How Much You Would Be Making In Dividends Today
Income investors are always on the lookout for stocks that will produce high-yielding dividends, but many of these stocks do not perform well over the long term. Ironically, one of the most popular mo...
As flu hospitalizations surge in the U.S., the Southeast is the hardest hit
Enbal Sabag, a Nurse Practitioner, prepares a flu vaccination for a patient at the CVS Pharmacy and MinuteClinic on September 03, 2020 in Key Biscayne, Florida. Joe Raedle | Getty Images Flu hospitali...
Ex Heavyweight Champs And Rivals Tyson And Holyfield Team Up For New Cannabis Company
Heavyweight boxing legends Mike Tyson and Evander Holyfield attend the 19th annual Harold and Carole … [+] Pump Foundation Gala at The Beverly Hilton Hotel on August 09, 2019 in Beverly Hills, C...
Amazon set to lay off 10,000 employees as reductions mount: NYT
Amazon is on the verge of cutting 10,000 positions in what would be the company’s largest mass-firing, representing around 3% of corporate and 1% of global employees, The New York Times reported, citi...
Cowen’s analyst reveals his top retail stock ahead of earnings
If he was allowed to buy one retail stock right now, Cowen’s Oliver Chen says he’d go for Target Corporation (NYSE: TGT). Target to report Q3 earnings this week Target is scheduled to report its Q3 re...
Real Estate Agents Aren’t Surprised Digital Brokers Like Redfin Are In Trouble
One year ago, tech real estate marketplace Zillow Group Inc. (NASDAQ: Z) announced it was discontinuing its iBuyer division, eliminating its home-flipping business and cutting 25% of its workforce. Th...
Taiwan Semi, Paramount Global and more
Check out the companies making headlines in after hours trading Taiwan Semiconductor Manufacturing – Shares of Taiwan Semiconductor jumped 6.4% after Warren Buffett’s Berkshire Hathaway said it ...
Inside Block 4—The Mostly Secret Plan For Making The F-35 Fighter Even More Lethal
The F-35 fighter is the most advanced tactical aircraft currently in production anywhere. Its low-observable (“stealth”) features give the plane a radar signature similar to that of a steel golf ball,...
CZ plans industry association to communicate with regulators worldwide
Binance CEO Changpeng “CZ” Zhao said he wants to set up an association of the largest crypto players to help work with policymakers and regulators worldwide. “The association will t...
Sam Bankman-Fried Should Tell the Truth, Suggests Skybridge CEO
FTX Ventures acquired 30% stacks of Skybridge Capital in September 2022. Bitvo, a crypto trading platform, was acquired by FTX. FTX exchange was among the top three crypto exchanges in the crypto m...
Jay Leno says he’s ‘ok’ after he suffers serious burns in car fire
Jay Leno at The Library of Congress Gershwin Prize tribute concert at DAR Constitution Hall on March 04, 2020 in Washington, DC. Shannon Finney | Getty Images Jay Leno is recovering from serious burn ...
How TV Viewing Habits Have Changed
A family watching a boxing match on television in their home, circa 1950. (Photo by … [+] Camerique/Archive Photos/Getty Images) Getty Images TV viewing habits have shifted, initially on account...
BlockFi says platform pause will continue
Crypto lending firm BlockFi said it would continue to pause many of its platform activities “for now” after FTX filed for bankruptcy protection last week. “The rumors that a ma...
Visa announces a new update to its FTX partnership
Visa has announced an update to the company’s recent partnership with embattled crypto exchange FTX. According to a statement from the payments platform, all forms of partnership with the exchange hav...
Opinion: The floodgates are open for grandparents to super-size college savings for grandkids
If you’re a grandparent looking to save the day by helping your grandchildren pay for college, take a second look at a tax-advantaged 529 college savings plan before the end of the year. Rule changes ...