Shares of ShiftPixy Inc. PIXY, +176.54% skyrocketed 84.1% in very active morning trading Thursday, enough to make them the biggest gainers trading on major U.S. exchanges, after the gig-economy focuse...
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NIO stock bounces back again, and J.P. Morgan suggests it may be ‘bottoming out’
Shares of NIO Inc. NIO, +0.46% bounced into positive territory Thursday, again, to buck weakness in rival China-based electric vehicle makers, after J.P. Morgan analyst Nick YC Lai suggested they may ...
‘These are not laundromat tokens.’ SEC chief sends warning to crypto industry
Gary Gensler had strong words for the crypto industry in a Thursday speech, telling an audience of lawyers that the “vast majority” of the nearly 10,000 existing crypto tokens are securities, being is...
The IRS may be coming for your savings account (but don’t worry, it’s not as bad as it sounds)
Interest you earn from a high-yield savings account is generally taxable Getty Images/iStockphoto For years now, savings accounts have paid an abysmal rate of interest. But in recent months, we’ve see...
She called herself the Mother Teresa of Florida small-business lending, but investigators say she was really running a $194 million Ponzi scheme
Johanna Garcia claimed her merchant cash-advance business was so helpful to small businesses in Florida that she was like the Catholic saint Mother Teresa. But to the 15,400 investors who sank $194.1 ...
Elizabeth Holmes wants a new trial, citing regrets from key witness against her
SAN FRANCISCO — Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her convicti...
‘They don’t have a clue about money.’ My daughter has a spending problem, and her husband, who has a trust fund until he’s 30, says yes to everything she wants. But what happens when the money runs out? Do they need professional help?
How to find the right financial adviser for your needs. Getty Images Question: I just went through six weeks of trying to help my daughter and son-in-law buy a house. They don’t have a clue about mone...
NIO stock sinks toward 3-month low after wider-than-expected loss, downbeat outlook
Shares of NIO Inc. NIO, +2.40% sank 5.7% toward a three-month low in premarket trading Wednesday, after the China-based electric vehicle maker reported a wider-than-expected second-quarter loss as rev...
U.S. stock futures edge higher ahead of key speech from Fed’s Brainard
U.S. stock futures inched higher Wednesday, ahead of a key speech from Federal Reserve Vice Chair Lael Brainard and the release of the latest Fed-compiled look at the U.S. economy. What’s happening Fu...
These quant funds poured nearly $1 billion into Warren Buffett’s Berkshire Hathaway last quarter
Some of the biggest hedge funds have increased their stakes in Warren Buffett’s Berkshire Hathaway BRK.A, -0.26% BRK.B, -0.39% amounting to over $900 million. The likes of Bridgewater Associates and q...
U.K. may be on road to another IMF bailout, strategist warns
Is the U.K. on the road to an International Monetary Fund bailout? That’s the view of Peter Chatwell, head of global macro strategies trading at Mizuho Securities, as expressed in an interview on Bloo...
12 semiconductor stocks bucking the downcycle trend
Semiconductor stocks have been great outperformers over long periods, but their movement this year underscores how cyclical the industry can be. Here is a look behind the numbers that are driving down...
Intel stock on track for lowest closing price in six years
Intel Corp. INTC, -2.75% stock was heading for its lowest closing price in six years Tuesday as tech stocks underperformed the broader market. Intel shares declined as much as 2.7% for an intraday low...
Bed Bath & Beyond CFO who leapt to his death from New York skyscraper faced ‘pump and dump’ allegation just days earlier
Gustavo Arnal, the CFO of Bed Bath & Beyond who leapt to his death from a Manhattan skyscraper last week, had faced a “pump and dump” allegation less than two weeks earlier. On Friday Arnal fell t...
‘I thought we were pretty solid’: My girlfriend and I sold our Florida home. The $200,000 profit was wired to her account. She refuses to give me my fair share.
My long-time girlfriend and I moved to Florida three years ago. After renting a home for a year in an area we liked, we bought a home together. I was not working at the time, she was, so we agreed tha...
Bill Ackman says stocks will soon be a ‘buy’ now that the Fed is ‘doing what it has to do’ to fight inflation
“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionair...
Verizon raises dividend, to extend lead as highest-yielding Dow component
Shares of Verizon Communications Inc. VZ, -0.48% rose 0.2% in premarket trading Tuesday, after the telecommunications company raised its quarterly dividend by 2%, to extend its lead has the highest-yi...
We earn $7K a month, have $798K in retirement and will get pensions. But we want to help our child buy a house, and my wife wants to retire at 55. Do we need professional help?
How to find the right financial adviser for you Getty Images/iStockphoto Question: As teachers, my wife and I bring home $7,000 a month combined. We save 20% of our income in pre-tax 403(b) contribut...
Suze Orman now says you need this much in emergency savings (and psst: you’re probably not going to like it)
Author and financial guru Suze Orman Anna Webber/Getty Images Financial experts have always urged people to create an emergency savings fund, but exactly how much should be in that fund has never been...
You made payments on your student loans during the pause. Can you get a refund?
This article is reprinted by permission from NerdWallet. Hundreds of thousands of borrowers made payments on their federal student loans since forbearance began in March 2020, taking advantage of the...
Here’s what Morgan Stanley says will fuel another decline in stocks
Morgan Stanley’s been widely credited, at least among the major Wall Street banks, for correctly predicting the rough ride that stocks would endure this year. Morgan Stanley strategist Mike Wilson say...
Samsung says personal data of some U.S. customers exposed in breach
Samsung Electronics Co. is warning some U.S. customers that their personal data was exposed in a recent breach. Samsung announced the breach in a brief statement late Friday, as Americans were about t...
‘Vulnerable time for the housing market’: Mortgage rates are now double what they were a year ago, and will weigh on house prices
The 30-year fixed-rate mortgage averaged 5.66% as of Sept. 1, according to data released Thursday by Freddie Mac. That’s up 11 basis points from the previous week — one basis point is equal to one hun...
Preferred stocks can offer hidden opportunities for dividend investors. Just look at this JPMorgan Chase example.
This is shaping up to be a brutal year for bank stocks. But a deeper look can highlight an opportunity for income-seeking investors to make money on banks’ preferred stocks. But the S&P 500 SPX, +...