STORY: The U.S. Labor Department's JOLTS report will likely show job openings dropped to 10 million in November from 10.334 million in October.
There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again
Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”
- Motley Fool
History Suggests the Nasdaq Could Soar In 2023 -- 1 Stock-Split Stock Wall Street Says to Buy Hand Over Fist
The Nasdaq-100 index, which hosts 100 of the largest tech stocks listed on the Nasdaq exchange, sank 33% in 2022, which has left many portfolios battered and bruised. See, the Nasdaq-100 almost never falls two years in a row. Since the Nasdaq-100 is already up 10% year to date in 2023, history might be set to repeat.
Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America’s farmland. While that is false, with the billionaire amassing nearly 270,000 acres of farmland across the country, compared to 900 million total farm acres, a different billionaire privately owns 2.2 million acres, making him the largest landowner in the U.S. John Malone, the former CEO of Tele-Communications Inc., which AT&T Inc. purchased for more than $50 billion in 1999, has a
- Business Insider
Mark Zuckerberg is finally embracing his new role as Meta's Chopper-in-Chief. Here are the plans he just laid out to further cut costs in 2023.
Investors have been calling for months for the social media giant to pull back on spending. The founder and CEO just got on board with the plan.
- USA TODAY
GM revealed to its white-collar workforce the formula for the 2022 bonus payouts and while it is not as high as 2021, many say it is still good.
(Bloomberg) -- The Jamaican financial firm at the center of an embezzlement scandal that ensnared Olympic sprinter Usain Bolt placed the blame on a single employee, who the company alleges also defrauded 39 other clients and even sought a loan from Bolt’s management team to help cover up her scheme.Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysPorsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000Plenty of Americans Are Drinking Bleach, Still for Sal
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
- Motley Fool
Today, I will look at three blue chip real estate investment trusts (REITs) that are trading at a discount. These REITs have strong portfolios that continue to generate solid cash flows, which have led to further dividend hikes.
- Motley Fool
This category-leading tech company is building the foundations for incredible long-term performance.
When a loved one passes away, it can be an emotional experience. Unfortunately, handling the deceased's finances can add to this stress. While most people know that you need to file a final tax return for the deceased, most people … Continue reading → The post Income in Respect of a Decedent (IRD) appeared first on SmartAsset Blog.
(Bloomberg) -- Gautam Adani’s businesses have lost $108 billion in a week, one of the biggest wipeouts in India’s history, after an explosive report by short-seller Hindenburg Research forced him to pull a stock sale at the 11th hour and led some lenders to reject his securities as collateral for client trades.Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysAdani Crisis Deepens as Stock Rout Hits $108 BillionPorsche Blunder Puts $148,000 Sportscar on Sale for Ju
The S&P 500 dipped by 19% in 2022, but stocks still don’t seem cheap to Charlie Munger, Warren Buffett’s billionaire partner at Berkshire Hathaway. “In my whole adult life, I have never hoarded cash, waiting for better conditions,” Munger said in an interview in late 2022. “I’ve just invested in the best thing I could find.” Yet he acknowledged that Berkshire Hathaway is sitting on billions of dollars in cash. The reason isn’t that Buffett and Munger think they can wait for stocks to get even ch
- Business Insider
"You should be bullish for this year. The market is probably going to go up significantly higher, so look for good opportunities," Jeff Hirsch said.
- Motley Fool
If you're investing in a stock with a dividend that yields 8% or more, you should be careful and take a close look at its business. While monster-sized payouts may look attractive, the danger is that they may not end up lasting.
Billionaire venture capitalist Mark Cuban has founded or invested early in hundreds of startup companies over the years. But only one of them, founded in January 2022, bears his name. The Mark Cuban Cost Plus Drug Co. seeks to disrupt the $365 billion U.S. prescription drug market, which is rife with pricing inefficiencies. For example, one tablet of the Type 2 diabetes treatment Metformin costs over $500 at retail prices. But through Cuban’s company, the same tablet is just $46.20. The company
‘Many of the accounts yielding above 4% require no minimum deposit.’ If you haven’t switched your savings account recently, now may be the time, pros say
On Wednesday, the Federal Reserve raised interest rates again — which is good news for savers. What’s more, savers have been seeing yields on savings accounts rise for months now. “With interest rates rising, the most competitive savings accounts offer yields last seen in 2009 and they continue to climb,” says McBride.
- Motley Fool
Carvana has more than doubled this year, but largely because it cratered in 2022 on fears about the company's financial troubles. You may know Carvana through its ads promoting its high-tech platform for the selling of used cars. You may even live in one of the handful of cities where Carvana has a towering physical presence with its 9-story glass-enclosed vending machines offering shiny secondhand vehicles.
The thought of being a millionaire might seem completely unattainable, but it may actually be achievable with the right strategy and a lot of discipline. Although it's likely you won't be able to...
Mortgage applications fell last week, even as rates hovered at their lowest level since early September. The drop illustrates the volatility in housing demand, a trade group’s deputy chief economist said. The Mortgage Bankers Association’s composite index, which tracks the weekly volume of applications for home purchase and refinance loans, fell 9% on a seasonally-adjusted basis last week, the trade group said.
Playing it safe: Is it worth sealing away your money in a CD? Inflation is tipping the balance as 2023 gets off to a rocky start
Certificates of deposit could be a more viable option as the Fed warns of more rate hikes.