A vehicle passes an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images The CEOs of Chevron and ExxonMobil last year discussed the possibility of merging the two companies, The Wall Street Journal reported Sunday, citing unnamed people familiar with the talks. The
Month: January 2021
PNC Financial’s Amanda Agati sees three reasons for the market’s speculative craze: No commission trading, low interest rates and another round of stimulus checks. Together, the firm’s chief investment strategist calls them a “perfect storm.” “The rise in no commission trading, a la Robinhood and a number of retail trading apps, has no doubt added
Kevin O’Leary on Friday defended the right of retail investors to continue trading shares of GameStop, AMC Entertainment and other stocks that have been hyped online. In an interview on CNBC’s “Squawk Box,” the O’Shares ETFs co-founder said investors should be allowed to speculate freely — regardless of whether they end up losing their own
Economic Security Planning, Inc. Today’s column addresses questions about whether spousal benefits are automatic or not, the possibility of receiving spousal benefits after taking retirement benefits at 62 and an unexplained delay in Social Security processing an application. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Bring it home this Valentine’s Day Jesse Goll on Unsplash 2021 couldn’t be a better year to give a Valentine’s Day or Galantine’s Gift for the home. After all, most of us are still spending far more time at home these days than we did this time last year. It’s very likely our living spaces
U.S. President Joe Biden delivers remarks on tackling climate change prior to signing executive actions in the State Dining Room at the White House in Washington, January 27, 2021. Kevin Lamarque | Reuters President Joe Biden has passed an early flurry of executive action on climate change during his first weeks in office, reversing environmental
Robinhood restricted trading in cryptocurrencies on Friday, as the price of bitcoin and a meme-inspired token rose sharply. Users began reporting that the trading app had halted instant deposits for crypto purchases earlier in the day, meaning they could only buy the currencies with funds already deposited in their accounts. Such deposits can take up
Johnson & Johnson products on a shelf in a store in New York. Lucas Jackson | Reuters It was a busy week for Wall Street. Heavyweights like Apple, Microsoft, Facebook, Boeing and Tesla, among others, stepped up to report their earnings for the most recent quarter. However, some analysts and strategists were more focused on
Home ownership has long been considered a staple of the American dream. During the pandemic, it has also become a dividing line between the haves and have-nots. As the coronavirus outbreak and rise of remote work pushed Americans to move from the city to the suburbs, those who could afford a single-family home have been
A 401(K) rollover doesn’t have to stressfull. Here are ten 401(k) Rollover mistakes you need to … [+] avoid. getty Mistakes when rolling over your old 401(k) can be quite costly and annoying. Sadly, these mistakes are also quite common. On a happier note, these 401(k) rollover mistakes are easy to avoid. First off, not
getty As the travel industry continues to be shaken up by Covid-19, many hospitality sectors are fighting to stay afloat. The potential job loss of the hotel and tourism industry is projected to be over 50 million, but businesses that pivot and adapt will become resilient enough to withstand these dramatic industry shifts. So how
The Robinhood application on a smartphone. Bloomberg | Bloomberg | Getty Images Online broker Robinhood said that it put temporary buying restrictions on a small number of securities because central Wall Street clearinghouse-mandated deposit requirements for equities increased tenfold. The decision by Robinhood, a free-trading pioneer and app that’s popular among small investors, drew scrutiny
GameStop mania took Wall Street by storm, thanks to a legion of retail traders glued to the WallStreetBets message board on Reddit. Shares of the struggling brick-and-mortar video game retailer skyrocketed 400% in the past week, closing out January with a whopping 1,625% gain. A band of amateur traders in WallStreetBets forum, whose members have
If you’re the type of eager beaver who likes to get your taxes done early every year, you’ll have to wait a bit longer than usual to file your 2020 return — until well after Groundhog Day, in fact. The IRS recently announced that it won’t begin accepting returns until February 12, which is 16
A stack of Starlink internet satellites just before a launch. SpaceX SpaceX is preparing to begin production of the next-generation of its Starlink internet satellites, according to a company job posting, with the company having deployed more than 1,000 first-generation satellites in orbit to date. A posting on the company’s careers page, open at the time
The headquarters of the Consumer Financial Protection Bureau in Washington, D.C. JHVEPhoto | iStock Editorial | Getty Images The Consumer Financial Protection Bureau is expected to become a more aggressive consumer watchdog under the Biden administration and while the coronavirus pandemic hurls financial challenges at millions of Americans. Consumer advocates say the bureau was almost
Interest Payable from an old bond from 1937. getty Investors are trying to navigate through a treacherous strait in the market, with bonds generating near-zero income yields on one side and stocks with increasing volatility on the other side. With good reasons to assume that the Federal Reserve will continue to buy Treasury bonds at
Even though Democrats just took the helm in Congress and the White House, the clock is already ticking, and 2021 is shaping up to be a critical year for the party. History teaches us that the majority parties tend to lose control over one of the houses of Congress during the midterms following the election. It is
The pandemic misaligned those expectations for a while but now, a year later, we are once again at a … [+] moment of equilibrium in which deal flow is accelerating across New York City. getty New York buyers are feeling shocked to discover that half the properties they saw last week have accepted offers. Sellers,
Maryland Governor Larry Hogan holds a press conference to address COVID-19 concerns in Annapolis, MD on November 17. Bill O’Leary | The Washington Post | Getty Images Maryland has reported a case of the new, highly transmissible Covid-19 variant first found in South Africa, marking the third case to be detected in the U.S., Gov.
- 1
- 2
- 3
- …
- 33
- Next Page »