Investing News

In this article FB TWTR DWAC The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of Digital World Acquisition Corp., the blank-check company poised to take Donald Trump‘s media venture public,

The U.S. Supreme Court on Thursday, April 21, 2022, upheld a 1972 federal law that denies disability benefits to residents of Puerto Rico. By an 8-1 ruling, the court said Congress can deny Supplemental Security Income (SSI) benefits to residents of Puerto Rico (even though they are U.S. citizens) because they don’t pay all federal

In this article CVNA KRNT BKNG GOOGL EBAY Source: NYSE Earnings season is yet again upon us, with prominent names reporting this week. Volatility remains a focus for investors, and inflation has been continuing to compound pressure across all industries. The near-term uncertainty remains blurred, although long-term investing can often cut through the daily noise.  

Buying a house in foreclosure is often touted as a way for both owner-occupants and investors to get a great deal on a property. However, the potential financial rewards are usually not arrived at without a significant amount of hard work. Foreclosed properties have some common problems. In addition, there are some standard difficulties that

Financial advisors get fired all the time. When it happens to you, it can sting, but understanding why you were dumped will help you succeed in the future. First, you should know that advisors are not just fired because their clients lost money in the market. Important social and relational factors are key to maintaining

Being your own boss is a wonderful feeling, but it also comes with the responsibility of knowing how much to charge for your services. You may enjoy the freedom to take your career in whatever direction most interests you and to decide your own work schedule, dress code, and daily routine. But you also have

History’s most famous financial advisors are known for very different reasons. They include successful investors who share their knowledge with the masses, television celebrities who write books and criminals who stole millions of dollars. Ten of the most famous financial advisors are discussed below. Key Takeaways Famous financial advisors became household names for a variety

Editor’s note: Below you’ll find the week 84 release of the NYC Recovery Index, originally published April 12, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index rose marginally in the week ending April 2, 2022, with an increase from a score of 75 to 76 out

Gold House Gold House Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio of venture investments. “I saw the decisionmaking and how it differed between the people that were check-writers at these

What Is Solar Power for the Home?  Homeowners who install solar power systems can receive numerous benefits: lower electric bills, lower carbon footprints, and potentially higher home values. But these benefits typically come with significant installation and maintenance costs, and the magnitude of the gains can vary widely from one house to another. This article

Honest financial planners can face real dilemmas when trying to do the right thing for their clients. There are some common dilemmas investment professionals may face as well as guidance on how you can overcome them. Key Takeaways Financial advisors manage assets and money matters for individuals who often have less knowledge and understanding of

In this article PLTR MCD TSLA CRWD CHWY The logo for McDonald’s is seen on a restaurant in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters It seems inflation, the spike in oil prices and other commodities and geopolitical unrest are affecting just about every industry. Now, the arrival of earnings season brings another

Foreign exchange trading, known as forex or FX, involves the trading of currencies. The forex markets are the most liquid in the world, making trading opportunities to profit from the changing value of currencies very attractive. Forex markets trade 24 hours a day, from Sunday 5 p.m. eastern time to Friday 4 p.m. eastern time.

In this article NGVT Azmanl | E+ | Getty Images Company: Ingevity (NGVT) Business: Ingevity is a leading bio-based materials company that converts waste streams and by-products from the wood, paper, and pulp industry into higher-valued, specialty materials. They operate through two segments: (i) Performance Materials, which includes high-performance activated carbon and (ii) Performance Chemicals,

NEWS ALERT April 15, 2022, 1:39 p.m. EDT: In response to Tesla CEO Elon Musk’s $43 billion takeover offer, Twitter’s board of directors adopted a shareholder rights agreement, otherwise known as a poison pill, that would dilute Musk’s stake if he acquires more than 15% of the company’s common stock. What Is a Takeover? A

The most successful investors are those with vision. They’re capable of seeing opportunities where others can’t, often leaning on instinct as much as cold, hard data.  The Latinx investors on this list may not all be household names, but their financial backing has helped launch or rejuvenate thousands of businesses. With many more hits than

In this article LATG Daniel Loeb, founder and chief executive officer of Third Point LLC Jacob Kepler | Bloomberg | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) The once red-hot SPAC market is becoming a fertile ground for activist investors who push for changes at problematic companies and profit from them. A record

The utilities sector is made up of companies that provide electricity, natural gas, water, sewage, and other services to homes and businesses. Many of these companies are heavily regulated. They include major utilities companies such as Dominion Energy Inc. (D), Duke Energy Corp. (DUK), and Xcel Energy Inc. (XEL). Utilities stocks, as represented by the

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters For stock investors pondering how to ride out the worst bout of inflation in four decades, don’t worry and stay the course, according to Nick Maggiulli, chief operating officer at Ritholtz Wealth

“America is an idea … It instills in every person in this country the belief that no matter where you start in life, there’s nothing you can’t achieve if you work at it.” Joseph R. Biden, April 25, 2019 On Jan. 20, 2021, Joseph Robinette Biden Jr., known to most people as Joe Biden or

Homeownership may be a part of the American Dream—but in reality, roughly one in three American households (nearly 36%) lives in rentals, according to a 2020 report by the Joint Center for Housing Studies of Harvard University. Renting has also become much more common among the age groups and family types that were traditionally more

In this article SHOP-CA The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a “founder share” for its CEO Tobi Lutke to increase his voting power. Upon

In this article NFLX SPOT ZS AAPL DIS The Spotify logo hangs on the facade of the New York Stock Exchange with U.S. and a Swiss flag as the company lists its stock with a direct listing in New York, April 3, 2018. Lucas Jackson | Reuters Stocks were volatile in the past week as

What Is Student Loan Bankruptcy? You may have heard that student loans cannot be discharged in bankruptcy. That statement oversimplifies the truth. You actually can get student loans discharged in some cases, but the bar is higher, and the process is more burdensome than it is for other types of debt. Filing for bankruptcy to

When Robinhood launched in 2015, its selling point was commission-free trading, with free stock, ETF, options, and crypto trades. Now that most brokers have dropped commissions, Robinhood has lost that edge. Still, the broker’s low costs, zero account minimums, and overall simplicity remain attractive to new investors.  Meanwhile, TD Ameritrade (TDA) has been around since

In this article ENV Cokada | E+ | Getty Images Company: Envestnet (ENV) Business: Envestnet provides wealth management services and software to the investment community. It has an excellent product with 90% retention and secular tailwinds. Envestnet was founded in 1999 by Jud Bergman and Bill Crager. Bergman was chairman and CEO of the company

In this article UBSG-CH JPM MS Jed Finn, Chief Operating Officer for Morgan Stanley Wealth Management and Head of Corporate and Institutional Solutions Source: Morgan Stanley After making inroads managing money for the merely wealthy, Morgan Stanley is setting its sights on the richest of the rich — family offices with tens of billions of

A simplified employee pension (SEP) IRA is a retirement savings plan established by employers—including self-employed people—for the benefit of their employees and themselves. Employers may make tax-deductible contributions on behalf of eligible employees to their SEP IRAs. SEPs are advantageous because they are easy to set up, have low administrative costs, and allow an employer to

Physical artwork for a Bored Ape NFT on display at a cryptocurrency exchange in Hong Kong. Paul Yeung | Bloomberg | Getty Images Trading platform eToro unveiled a $20 million fund to purchase NFTs and bolster creators. The firm announced the launch at the Bass Contemporary Art Museum in Miami Thursday. The trading platform’s fund

As an investment strategy, averaging down involves investing additional amounts in a financial instrument or asset if it declines significantly in price after the original investment is made. While this can bring down the average cost of the instrument or asset, it may not lead to great returns. It might just result in an investor