We have heard a lot over the last few weeks over the stock market volatility surrounding companies like GameStop and AMC theaters among others, but what does it all mean? Joining us to help break it all down is the Director of Risk Tolerance at Simpler Trading Allison Ostrander.
Swiss voters will decide on a free trade agreement (FTA) with Indonesia on Sunday, with lower tariffs on palm oil imports the main issue in what the polls predict will be a tight referendum. The Alpine country signed the pact with Indonesia in 2018 together with the other European Free Trade Association (EFTA) members Iceland, Norway and Liechtenstein. For palm oil, Switzerland will reduce tariffs by about 20%-40% for up to 12,500 tonnes per year, but only if sustainability standards are met.
- FX Empire
Gold is just an investment that competes for capital just like bonds, stocks and now cryptocurrencies.
Former President Donald Trump hinted at another run for the White House and criticized the early actions of the Biden administration during his Sunday speech at the Conservative Political Action Conference in Orlando, Fla. Photo: Joe Raedle/Getty Images
- Motley Fool
Stitch Fix (NASDAQ: SFIX) is one of the top-performing stocks coming off the broad market lows from March 2020. As long-term investors, is it time to hop on the Stitch Fix train with shares trading at a discount? One reason Stitch Fix stock has done so well since March is the performance of the underlying business.
Mar.01 -- Myanmar has suffered its deadliest day of protests so far since the Feb. 1 coup. The United Nations says at least 18 protesters were killed in a stark escalation of violence as the military moves to quell demonstrations against its takeover. Bloomberg’s Philip Heijmans reports on “Bloomberg Markets: Asia.”
- LA Times
Amazon's campaign against a union drive in Alabama has drawn fire from President Biden.
Forbes lists Kyle Busch as the highest-paid NASCAR driver in 2020, with total earnings of $17.8 million from his salary, race prizes and endorsements and licensing. Net worth: $80 million Read: The...
- Investor's Business Daily
Joe Biden's approval rating remains at honeymoon levels, a new IBD/TIPP Poll finds. Presidential job approval held near the highest level since June 2009.
Benefitfocus (BNFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Motley Fool
Late last week, a $1.9 trillion coronavirus relief package passed a House vote and is now heading to the Senate. Perhaps the most highly anticipated relief measure featured in the new bill is a third round of stimulus checks, this time worth up to $1,400 apiece. The relief bill also includes a $400 weekly boost to unemployment benefits through Aug. 29.
ASB vs. UMBF: Which Stock Is the Better Value Option?
The answer to this question comes down to whether your stimulus check increases your "provisional income."
The largest and oldest electric power cooperative in Texas filed for bankruptcy protection in Houston on Monday, citing a disputed $1.8 billion debt to the state's grid operator. Brazos Electric Power Cooperative Inc, which supplies electricity to more than 660,000 consumers across the state, is one of dozens of providers facing enormous charges stemming from a severe cold snap last month. The fallout threatens utilities and power marketers, which collectively face billions of dollars in blackout-related charges, executives said.
The payments in President Biden's COVID relief plan will rely on an IRS formula.
In his first month in office, President Donald Trump was riding high after scoring the most shocking upset in modern political history. The economy was roaring, the stock market was soaring and...
Older brother of the highest-paid NASCAR driver Kyle Busch, Kurt Busch has a net worth of $60 million, according to Celebrity Net Worth. The site reports that Busch has earned more than $90 million...
- The Fiscal Times
Democrats’ sprint to pass a $1.9 trillion Covid relief package ahead of the March 14 expiration of enhanced unemployment benefits is more akin to a relay race. The House of Representatives, as expected, approved the plan early Saturday morning, passing the baton to the Senate, where the legislation will face a fresh set of hurdles. The final vote in the House was 219-212, with two Democrats, Kurt Schrader of Oregon and Jared Golden of Maine, joining all Republicans in voting against the bill. Democrats can’t afford even one defection in the evenly divided Senate. They’re using a budget reconciliation process that will allow the bill to pass with a simple majority vote, but all 50 Senate Republicans are expected to oppose the package. To get Democrats on the same page, President Biden held a virtual meeting on Monday afternoon with a group of centrists from his party, including some who have questioned whether the $350 billion provided in the rescue package for state and local governments could be better targeted (see more below on the state aid). No minimum wage hike … at least for now: The Senate version of the bill will look different than the House-passed package. The House included an increase in the federal minimum wage to $15 an hour in its version of the legislation and did so even after the Senate parliamentarian ruled last week that the provision doesn’t meet the requirements for inclusion in that chamber under the reconciliation process. Progressives are urging the White House to have Vice President Kamala Harris, as president of the Senate, overrule the parliamentarian. “Outdated Senate rules and an unelected parliamentarian should not get to decide whether the American people get a $15 minimum wage,” Rep. Mark Pocan (D- WI) said in a statement. But the White House has made clear it won’t pursue that path. “That’s not an action we intend to take,” White House Press Secretary Jen Psaki told reporters, adding that Democrats don’t have the 50 Senate votes that would be required for the maneuver. So the Senate will strip out the minimum wage hike, and it also won’t include an alternative proposal from Senate Finance Committee Chairman Ron Wyden that would have taxed corporations that didn't increase wages on their own. Democrats abandoned that Plan B over the weekend after it proved too problematic. The political reality: Removing the minimum wage provision probably helps the White House in its efforts to pass the relief package, given that Democratic Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona opposed the increase. But the revised Senate package will get sent back to the House, where the exclusion of the minimum wage hike could still complicate the outlook. House Speaker Nancy Pelosi (D-CA) said Friday she was confident that Democrats could pass a relief bill without the minimum wage hike, but she’ll have to show that she can hold her narrow majority together to do it. Psaki said Monday that raising the minimum wage remains a priority for Biden but the White House has no plan yet on how to accomplish that goal. What’s next: An initial Senate vote on the relief plan reportedly could take place as early as Wednesday. Like what you're reading? Sign up for our free newsletter.
Early Saturday, the U.S. House of Representatives passed the $1.9 trillion COVID relief bill that will bring extended unemployment benefits and additional stimulus money to Americans. The American...
- USA TODAY
The National Highway Traffic Safety Administration is investigating the 2013-18 Toyota RAV4, which involves more than 1.86 million vehicles.
Lawrence Stroll, executive chairman of Aston Martin, told the BBC he wants to build a firm with a "luxury profile".