Investing News

Server Nioka Mantilla arranges items in the buffet at the DoubleTree by Hilton Hotel on Penn Street in Reading, Pennsylvania, Friday morning May 7, 2021. Ben Hasty | MediaNews Group | Reading Eagle via Getty Images The stunningly disappointing April jobs report shouldn’t be taken as an indictment against the fast-moving economic recovery but shouldn’t

Cathie Wood Source: CNBC Cathie Wood’s flagship fund Ark Innovation hit its lowest point of the year on Monday amid further selling in innovation stocks. Ark Innovation‘s drop of as much as 5% on Monday dragged the “disruptive innovation” ETF below its February low, a level that many investors are watching as a barometer for

The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal is making another acquisition in the e-commerce space as it moves beyond payments and into physical and online retail. The digital payments giant announced a deal to acquire start-up Happy Returns on Thursday for an undisclosed

In this article DPZ Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge fund manager Bill Ackman said his Pershing Square built a 6% stake in Domino’s Pizza, swapping out its Starbucks bet. Ackman revealed his hedge fund sold Starbucks after the coffee chain’s swift rebound from the

Virgin Galactic’s spacecraft outside Spaceport America in New Mexico. Virgin Galactic Virgin Galactic stock drop after reporting first quarter results accelerated in early trading on Tuesday, with the company’s next spaceflight test – and its broader path to beginning commercial flights – possibly delayed further. The space tourism company gave an update on progress toward

The company’s existing building on the left, with a rendering of the planned expansion on the right. York Space Systems York Space, which builds spacecraft for customers wanting to operate satellites in orbit, on Tuesday announced an expansion of its production facilities at the company’s headquarters in Denver, Colorado. “This ‘mega facility’ will really be

Spencer Platt | Getty Images With fears of inflation on the rise, investors are searching for strategies to pinpoint compelling opportunities. One such strategy is to look for stocks that appear underappreciated by the Street and have plenty of room to run. The following names meet the requirements and have the support of analysts with

In this article DUK A view of Duke Energy’s Marshall Power Plant in Sherrills Ford, North Carolina, November 29, 2018. Chris Keane | Reuters Company: Duke Energy Corp. (DUK) Business: Duke operates as an energy company in the United States that is the product of a merger with Cinergy in 2006; a merger with Progress

Bitcoin futures contracts were launched in December of 2017, and have already gained traction in the market. Many market participants, who cannot hold spot positions in bitcoin cryptocurrency due to compliance regulations, can now trade bitcoin futures contracts. Futures contracts also offer risk mitigation and hedging possibilities. Amid increasing participation in bitcoin futures trading, here’s a

As part of the Affordable Care Act (ACA), the Health Insurance Marketplace (or “Exchange”) opened again for business on Nov. 1, 2015, when Open Enrollment for 2016 healthcare coverage began. The Marketplace is an online, one-stop shopping experience for health coverage designed to make it easier for individuals and families to compare and purchase insurance.

What Is the Career Path for a Financial Planner? Financial planning is a career that offers significant earnings potential and excellent prospects for job growth. The median pay for a personal financial advisor in 2020 was $89,330. More than 263,000 people were employed as financial planners in 2019, a figure expected to rise 4% annually

What Is Tencent? You’ve probably heard a lot about Alibaba Group (BABA) and Baidu (BIDU). These are two of China’s most well-known technology companies. While Alibaba is known for its focus on retail and e-commerce, Baidu offers services like artificial intelligence (AI) and specialty services, such as mapping and data storage. But there is another

Mortgage rates saw little change yesterday, keeping them at the higher levels they reached last week after a spike in the latest monthly inflation indicators. Today’s National Mortgage Rate Averages National average rates on 30-year fixed conventional loans held at 3.14% yesterday, higher than their 3.02% low of the previous three weeks. Similarly, 15-year conventional

Applying for a credit card without a Social Security number can be a hassle. Most card issuers require a Social Security number to ensure your identity. Generally, only U.S. citizens, permanent residents and non-immigrant workers authorized by the Department of Homeland Security can obtain the nine-digit number.  If you’re don’t fit into any of

Management Consulting vs. Investment Banking: An Overview For top students at elite universities, management consulting and investment banking represent careers that provide opportunities to earn a lot of money right out of school, often with only a bachelor’s degree. Unlike careers in medicine, law, or pharmacy, neither management consulting nor investment banking imposes hard-and-fast educational

Interest rates are indirectly affected by open market operations (OMOs), the buying and selling of government securities in the public financial exchanges. OMOs are tools in monetary policy that allow a central bank to control the money supply in an economy. Under a contractionary policy, a central bank sells securities on the open market, which reduces the

Buying a car can be overwhelming. In fact, the pleasure of getting a new car can be quickly clouded during the financing decision-making process and price negotiations. Besides price haggling, many car shoppers are stymied by the decision to lease or buy. This article will compare the two options and hopefully help you decide which financing decision

Avishek Das | LightRocket | Getty Images Robinhood is redesigning some of its app features — most notably ditching its confetti animation —amid scrutiny over the popular stock trading company’s so-called gamification of investing. The free-stock trading pioneer, which is gearing up for its public debut, told CNBC the move is an effort to remove

If you are an entrepreneur who has launched a promising start-up but need funding to reach the next level, one option to consider is venture capital. Venture capital funding has many benefits. In addition to much needed capital at a crucial time, you typically get access to an investor’s network of contacts, not to mention

In this article NPAUU IRDM AST’s corporate headquarters and high-volume manufacturing facility in Midland, Texas AST & Science Satellite-to-smartphone broadband company AST & Science expects to close its SPAC merger next week, the company said on Thursday. Its stock will trade on the Nasdaq. Last year, the company announced plans to merge with special purpose

Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City. Spencer Platt | Getty Images Wall Street investors largely view higher interest rates as the biggest threat to derail the rally in stocks, according to a new CNBC survey.  As a part of CNBC’s Quarterly

The consumer staples sector is comprised of companies that produce and sell items considered essential for everyday use. Consumer staples products include household goods, food, beverages, hygiene products, and other items that individuals are either unwilling or unable to eliminate from their budgets even in times of financial trouble. As a result, these companies are viewed as

In this article DISCA David Zaslav Anjali Sundaram | CNBC Discovery’s lightly traded class B shares surged 80% on Wednesday, showing a spike in volume and divergence from the company’s class A shares that is highly unusual. The class B stock, which often sees volume of less than 10,000 shares in a day, had already

In this article BAC Patrick T. Fallon | Bloomberg | Getty Images Bank of America is expanding its racial justice initiative, devoting more funding toward advocacy and equality for communities of color. “The urgency we feel to address long-standing issues of inclusion and racial inequality has only increased following the attacks and hate speech directed

What Is Polybius? The Polybius project, established by the Estonian company Polybius Foundation, is a digital cryptoproject focused on creating a financial institution that utilizes blockchain technology. When it was launched, it was the first fully digital European bank to be crowdfunded by its users. The Polybius Foundation was founded in 2017 in Tallinn, Estonia.

In this article VIACP TME 9888-HK VIPS DISCA CSG.N-CH 8604.T-JP A massive margin call affected a little-known family office last Friday, incurring billions of dollars in losses for certain banks involved and jolted the overall volatility in the broader market. Archegos Capital Management’s leveraged bets in ViacomCBS blew up and ignited a whopping $20 billion wave

In this article MS GS 8604.T-JP CSG.N-CH VIACP People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, March 19, 2021. Brendan McDermid | Reuters When investors are stampeding for the exits, it pays to be first out the door. That’s what happened when falling shares in ViacomCBS

Across the United States, numerous employees set up and use various types of employee benefits plans allowed by the Internal Revenue Service (IRS). One of these plans, called a Section 125 cafeteria plan, has been in existence since 1978 and offers some interesting advantages.  Key Takeaways A cafeteria plan is an employer-sponsored benefit plan that

In this article GS VIAC DISCA 8604.T-JP CSG.N-CH GME CNBC’s Jim Cramer on Monday implored younger investors to stay in the market for the long term, despite turbulent events this year, including, most recently, the forced liquidation of positions held by a multibillion dollar family office. “We don’t want it to be 2000 when we

In this article MAXR SZU-DE Maxar Technologies Satellite images give a unique vantage point of the stuck ship Ever Given, as crews work to free the mega container vessel that’s been blocking the Suez Canal for four days. Maxar Technologies‘ WorldView-2 satellite captured high-resolution images on Friday morning, with a close-up look at the dredging