People walk past a GameStop store in Midtown Manhattan on January 27, 2021 in New York City. Michael M. Santiago | Getty Images Volkswagen often comes to mind when investors try to find a short squeeze comparable to GameStop‘s jaw-dropping spike last week. In October 2008, the German carmaker saw its Frankfurt-listed shares more than
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It’s tempting to tell the world as soon as you receive a coveted Covid shot. But there’s reason to rein it in. For starters, sharing a photo of your vaccination card on social media makes you a potential target of identity theft, according to the Better Business Bureau. Not only does the personal information on
Economic Security Planning, Inc. Today’s column addresses questions about whether or not benefits lost to Social Security’s earnings test are actually repaid at full retirement age, suspending retirement benefits and filing for spousal benefits after taking early retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of
Sharon and John Dumont pose before the plaque denoting that the Commodore Inn is on the National … [+] Register of Historic Places Commodore Inn When Sharon and John Dumont took on the restoration of the 1892 Hughes House in Clifton, Tennessee in 2016, they also began the process of listing the handsome structure on
[This livestream is scheduled to begin momentarily. Please refresh the page if you do not see the player above.] SpaceX is preparing to launch the latest prototype of its next-generation Starship rocket on Tuesday, in the second high-altitude flight test of the system. Starship prototype Serial Number 9, or SN9, will fly as high as
Google CEO Sundar Pichai Getty Images Alphabet, the parent company of Google, will report fourth-quarter earnings after the bell on Tuesday. Investors will be looking for strong advertising growth after a blowout quarter in Q3, where chief financial officer Ruth Porat said user behavior to various Google properties were returning to “normalized levels” following the
U.S. stock futures were flat in overnight trading on Tuesday, after a strong market rally as the Reddit trading mania continued to unwind. Dow futures rose 30 points. S&P 500 futures gained 0.3% and Nasdaq 100 futures rose 0.4%. Strong earnings from Amazon and Alphabet helped futures. Amazon reported earnings nearly double Wall Street estimates;
An epic battle is unfolding on Wall Street, with a cast of characters clashing over the fate of GameStop, a struggling chain of video game retail stores. The conflict has sent GameStop on a stomach-churning ride with amateur investors taking on the financial establishment in the mindset of the Occupy Wall Street movement launched a
Going green is increasingly becoming a way to make bank. Elon Musk, the CEO of Tesla, is the richest of the billionaires who owe their fortune to technologies that reduce carbon emissions in the atmosphere, according to an analysis by Bloomberg Green that was published Tuesday. A full $180.7 billion of Musk’s $199.2 billion net
A lot has changed in the last year. But the drastic shifts to society and the economy caused by coronavirus can present new opportunities for you to use your skills as an entrepreneur, according to best-selling author Patrice Washington. Washington lost her real estate business in 2008 and spent the next decade building a new
SolStock | E+ | Getty Images When Tim Maurer’s two teenagers burst into his home office last week, excitedly talking about how a bunch of kids had taken on Wall Street, the Charleston, South Carolina, certified financial planner knew it presented a great opportunity to teach his boys about investing. Lecturing doesn’t usually work, Maurer
By Chris Farrell, Next Avenue SAN MATEO, CALIFORNIA – AUGUST 19: A firefighter tries to put out the wildfire on August 19, 2020 in … [+] San Mateo, California. (Photo by Liu Guanguan/China News Service via Getty Images) China News Service via Getty Images Do you get the sense that disasters like blizzards, hurricanes, wildfires,
getty In a recent blog, I looked at two ways Congress could refocus those $1,400 per person relief payments on those who need it most. But there is an even stronger case for better targeting President Biden’s proposed increases in the Child Tax Credit (CTC). The American Rescue Plan Biden proposed in January would make
Eric Wu, cofounder and CEO of Opendoor, pictured in 2018. (Photographer: David Paul Morris/Bloomberg) © 2018 Bloomberg Finance LP Barely a month after going public as part of the SPAC boom, Opendoor is raising money once again. On Tuesday, the company announced that it plans to sell another 24 million shares of common stock—worth approximately
A driver for an independent contractor wears a protective mask while operating a delivery truck to delivery N95 respirator masks outside a United Parcel Service Inc. (UPS) Ground sorting facility in Louisville, Kentucky, U.S., on Monday, April 13, 2020. Luke Sharrett | Bloomberg | Getty Images Shares of UPS jumped by about 4% in premarket
A vaccination tray of Pfizer BioNtech vaccines. Matthias Bein | picture alliance | Getty Images Pfizer plans to deliver 200 million doses of its coronavirus vaccine to the U.S. by May, earlier than its initial forecast of July, according to slides published Tuesday by the company ahead of its fourth-quarter earnings call. This is a
Long before Mark Cuban became a self-made billionaire, he was a kid growing up in Pittsburgh selling baseball cards and stamps, trying to make an extra buck. Now, remembering those days helps him understand the next generation and its interest in digital goods and digital assets like bitcoin, he said in a blog post published
The logo of Swedish payment provider Klarna is shown on the display of a smartphone on April 22, 2020 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images LONDON — Popular “buy now, pay later” shopping services like Klarna will fact stricter regulation under proposals announced by the U.K. government Tuesday. The Treasury said
A sign hangs in front of an AMC theater on January 27, 2021 in Chicago, Illinois. Shares of AMC Entertainment more than quadrupled today as investors continue their buying spree on heavily shorted stocks. Scott Olson | Getty Images Besides GameStop, other popular short squeeze targets among the Reddit crowd were taking big hits on
As the nation celebrates the achievements of African-Americans during Black History Month, it is also a time to look ahead. Black leaders have some advice for the next generation of African-Americans about how to bridge the racial wealth and income gap in the U.S., which has only been exacerbated by the coronavirus pandemic. That gap