The beaten-down stock market has created an opportunity for contrarian investors in short-squeeze stocks. Essentially, bearish traders must borrow the underlying securities which they are pessimistic about. However, bullish traders en masse can deliberately bid up heavily shorted names, forcing the bears to buy back borrowed equities. Experts refer to the resulting upside panic as
The American Rescue Plan Act of 2021 is a $1.9 trillion economic stimulus bill passed in March 2021 that lowered premium costs for million of people. The legislation allowed people to claim higher tax credits if they have a health insurance plan purchased through the Affordable Care Act (ACA) marketplace. The net effect was that
Editor’s note: Below you’ll find the week 101 release of the NYC Recovery Index, originally published August 9, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery receded slightly during the week ending July 30, 2022, with the index score declining by one point to 72 out of
As a nearly trillion-dollar company by market capitalization, everyday there’s news about Tesla (NASDAQ:TSLA) stock. However, one of the news items making the most headlines now about the electric vehicle (EV) maker is the potential upside from forthcoming changes to the U.S.’s EV tax credit. U.S. Congress has passed the Inflation Reduction Act, and President
Mortgage rates had a quiet day Monday, with most averages dipping just slightly lower or remaining flat. It follows a week-and-a-half period of dramatic up and down swings for the 30-year average. Today’s National Mortgage Rate Averages The 30-year average took a relative breather Monday, with only its second day in 12 registering a minimal
We bring back one of our most popular guests, investment expert Lyn Alden. Together, we explore how to build a global portfolio. Lyn teaches us how we can determine the most attractive equity markets, how to identify red flags, and how we can protect ourselves against inflation. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro
Here’s a question for you: How long does it take for you to purchase a vehicle? Let’s say I am buying your favorite ice cream – something that doesn’t cost more than $5. Chances are, you take more time deciding to purchase a vehicle (compared to the ice cream), because it costs so much more.
Hello and welcome to Zacks Investing For Beginners. This episode explores some of the best ways to start buying and picking stocks…
Do you think I’d be writing for InvestorPlace if I knew the three top stocks to invest in right now? Of course not. Then again, no one knows the three best stocks to invest in at any given time. That’s why hedge fund investors like Jim Simons are so successful. His firm, Renaissance Technologies, uses
A tax haven is simply a country that offers individuals or businesses little or highly reduced tax liability; a pure tax haven is a country that imposes no taxes at all. The Republic of Panama is considered one of the most well-established pure tax havens in the Caribbean due to extensive legislation that strictly regulates
In this article BBBY HD NUN-MX SNOW ALLY BHP Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walmart, Home Depot — The retailers’ shares rose about 5% each after both companies reported better-than-expected earnings
The advertising and marketing industry has undergone significant changes over the last 20 years. The rise of the internet era led to a divergence of consumer attention away from traditional forms of media toward digital mediums instead. While being connected to the internet via personal computers was significant in and of itself, the increased connectivity
Macy’s Inc. (M) is one of the most recognizable retail chains in the United States, operating Macy’s and Bloomingdale’s department stores as well as Macy’s Backstage, Bloomingdale’s, Bloomingdale’s Outlet, and Bluemercury franchises. In total, the company has 725 stores in operation, according to its annual report. Macy’s, the largest retail brand, accounts for approximately 510
The climate and energy provisions within the budget recently passed by Congress have the electric vehicle (EV) sector buzzing. Clearly, some EV makers will gain from the legislation and some will lose, so investors must have their due diligence in place when investing in EV stocks. The two obvious goals of the bill are to make
Savings vehicles are becoming increasingly popular, especially among consumers who want to boost their savings. In fact, a recent survey found that 43% of Americans want to save more money in 2022, and 51% are focused on long-term savings goals. Yet with all the savings vehicles available, knowing which option to choose can be challenging.
When it comes to savings, many of us have questions about the best way to put our money to work for us. This is especially true as interest rates continue to rise, offering new opportunities for long-term growth. To help address some of these questions, we’ve compiled a list of answers featuring expert insights. From
Jobs in the financial sector can be highly lucrative, which helps explain why they’re in such great demand. Of course, breaking into the world of finance isn’t easy, as entry qualifications can be as lofty as the salaries. At a minimum, most jobs require a four-year degree, and many professionals have advanced degrees in business,
If you are planning to start betting—be it in a casino, sports betting, or any other type—it’s essential to understand the odds. Placing bets intelligently requires having a good grip on the main types of betting odds and the ability to read and interpret their various formats. The three main types of betting odds are
The U.K. left the European Union (EU) on Jan. 31, 2020. As such, it’s no longer a member state. But prior to its exit, it was the most notable member of the European Union that elected not to use the euro. Rather, the U.K. continued to use the British pound sterling as its national currency.
Key Takeaways U.S. comparable sales, excluding fuel, rose at a faster pace than analysts expected. U.S. comparable sales indicate the sales generated by the company’s U.S. stores and clubs that have been open for at least one year, including e-commerce sales. Walmart said that it had made good progress on containing costs in its supply