Many Americans are using their tendies to tap into the American Dream — and the trend doesn’t show signs of stopping. Nearly 12% of first-time buyers indicated that selling cryptocurrency holdings con...
Tag: Corporate/Industrial News
DirecTV to Drop OAN Conservative News Channel
DirecTV said Friday it plans to drop conservative news channel One America News Network, a move that could sharply reduce the pro-Trump channel’s audience. “We informed Herring Networks that, followin...
Russia-Ukraine Conflict Could Disrupt the Prices of These Commodities. What to Know.
The Nord Stream 2 gas pipeline in Russia would carry natural gas to Europe if approved by legislators. Andrey Rudakov/Bloomberg Text size Tensions between Russia and Ukraine are on the rise, and trade...
Banks’ Earnings Show Lenders Aren’t All the Same. It’s Time to Pick and Choose.
Text size JPMorgan Chase and Citigroup both reported declines in trading revenue. Justin Sullivan/Getty Images The time has come to take a stock-picking approach to investing in banks. That was the le...
Kroger employees are surrounded by food at work — but many struggle to afford food and rent, says a survey of 10,200 workers
Many supermarket workers struggle to put food on the table even as they help feed their communities, according to new research on Kroger KR, -0.73% employees released as the pandemic continues to expo...
Satellite TV Can’t Be Saved With a DirecTV-Dish Merger
Text size In some parts of the country where cable access is limited, Dish and DirecTV remain the only way to get pay-TV subscriptions. Daniel Acker/Bloomberg For 20 years now, Dish Network and rival ...
‘Not all the money belongs to you’: Self-employed? Avoid these mistakes when filing your 2021 taxes
More Americans are becoming their own boss as the “Great Resignation” continues. Now they’ll have to resign themselves to the fact that their tax situation is likely going to become more complicated. ...
Opinion: ‘Better than a 401(k)’? Scammer blew through more than $5 million of investors’ money earmarked for retirement
According to the Securities and Exchange Commission, Marco “Sully” Perez of Midland, Texas, used to tell his clients that his investment scheme was better than a 401(k). Now the U.S. District Court in...
‘We absolutely believe Ether’ surpassing bitcoin’s total market value ‘can happen this year,’ says ETF expert: ‘The bull case is an Etherum ETF in 2022’
Hello there! The Invesco QQQ Trust QQQ is up over 2% so far this week. That is not where many investors would have bet that the popular exchange-traded fund would be trading now based on the wild acti...
Mortgage Rates Surge. The Pandemic’s Ultralow Rates Are Over.
Text size The average rate of a 30-year fixed-rate mortgage was 3.45% this week. Brandon Bell/Getty Images Mortgage rates climbed to their highest point since March 2020, according to data released Th...
Navient to cancel $1.7 billion in private student loans as part of settlement with 39 attorneys general
Roughly 66,000 borrowers will see their private student loans canceled — totaling more than $1.7 billion in relief — thanks to a deal between 39 state attorneys general and student-loan giant Navient ...
The No. 1 thing that can improve the retirement security of older workers
Ready for today’s retirement investing pop quiz? What’s the single most consequential thing you can do to improve your chances of not running out of money in retirement? I’ll try answering this questi...
Ford Stock Has Run Too Far. Why It’s Like Tesla.
Text size Ford stock is down a little following the rating cut from RBC. Scott Olson/Getty Images Ford Motor shares were downgraded by an RBC analyst Friday. Weakening Wall Street sentiment actually m...
Apple’s Path to a $4 Trillion Market Cap
Analysts continue to crank out bullish notes about Apple‘s outlook ahead of the tech giant’s December-quarter earnings report, due just two weeks from now. Apple (ticker: AAPL) had a big run in late 2...
How a Flood of Money Swamped Cathie Wood’s ARK
Fund manager Cathie Wood became a superstar in 2020, after her ARK exchange-traded funds earned some of the highest returns in history. So far this year, ARK Innovation, the largest of Ms. Wood’s ETFs...
Five overlooked tech stocks poised to be the ‘household names of the future,’ according to this money manager
A much-needed market distraction from the churn of inflation worries is getting under way, but it’s not looking like what investors were hoping for as some big bank names are sliding on disappointing ...
Moderna and Novavax Stocks Get Whacked by Supreme Court’s Vaccine Decision
Text size A nurse takes a Moderna Covid-19 vaccines ready to be administered at a vaccination site Apu Gomes/AFP via Getty Images Novavax stock and shares of other vaccine makers fell Friday after the...
Wells Fargo Stock Rises as Earnings Easily Top Estimates
Text size Wells Fargo bank David Paul Morris/Bloomberg Wells Fargo shares got a boost early Friday after the bank’s fourth-quarter earnings easily topped Wall Street’s expectations. Profits at the San...
I retired at 50, went back to work at 53, then had a major medical issue that left me unemployed – ‘There’s no such thing as a safe amount of money’ for retirement
I had always said I was going to retire when I was 50. I had worked and saved since I was 16. Retiring without Medicare and Social Security is a scary thing. I wound up retiring then going back to wor...
CEO admits stealing $15 million from her company to finance clothing boutique, Plaza Hotel visits, and $200K on relative’s wedding
That’s some high-end embezzlement. The U.S. chief executive of a German saw-blade manufacturer has pleaded guilty to stealing $15 million from the company to bankroll a luxury clothing and furniture b...
Micron and Western Digital Are Top Picks for 2022. Here’s Why.
Text size semiconductor manufacturing Dmitry Kalinovsky/Dreamstime The semiconductor sector will be a big gainer in 2022 as demand grows and supply-chain constraints ease, said analysts at Mizuho Secu...