Investing News

Westend61 The market, as we know, is seductive, luring its participants skillfully until they are as hooked as the sea bass that can’t resist the shimmering flies we cast at them on Buzzards Bay. Poor fish. Poor buyers of bitcoin at $61,000, Snowflake at $380, and Teladoc at $290. But just because we fall for

A child passes by the Marriner S. Eccles Federal Reserve Board Building on Constitution Avenue, NW, on Monday, April 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Members of the Federal Reserve now see two interest rate hikes in 2023, according to the central bank’s so-called dot-plot projections. Wednesday’s forecast showed 13

The Social Security Trust Fund is an account managed by the United States Treasury that takes in Social Security payroll taxes from workers and their employers and pays out benefits to Social Security recipients. It invests in securities that are backed by the full faith and credit of the U.S. government. Key Takeaways The Social

A conceptual rendering of the two ESCAPADE spacecraft in orbit around Mars. Rocket Lab Rocket Lab, which is nearing the close of its SPAC deal to go public, on Tuesday announced it won an early contract that may send two of its Photon spacecraft on a mission to Mars in 2024. NASA, under its Small

Hunter Horsley, CEO of Bitwise Asset Management and executives celebrate the launch of an ETF at the New York Stock Exchange, June 1, 2021. Source: NYSE Henry Kravis, Stanley Druckenmiller and Bridgewater CEO David McCormick have invested in Bitwise Asset Management’s Series B funding. The cryptocurrency index fund manager raised $70 million from a handful

What Is the Vanguard Cash Reserves Federal Market Fund (VMMRX)? If you’re looking to invest in highly liquid investment vehicles that come with short-term maturities, consider a money market fund. These mutual funds typically invest in cash, highly-rated debt securities, and cash equivalents. These funds were originally designed to offer liquidity, provide current income, and

CNBC’s Jim Cramer on Tuesday warned about the stock market implications of Federal Reserve Chairman Jerome Powell‘s upcoming post-meeting news conference. The Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell’s Q&A session with reporters is scheduled to follow. Powell’s comments

A composite image showing a Falcon 9 rocket booster lifting off and a few minutes later landing back near the launchpad. SpaceX The next SpaceX launch will feature a milestone, as the Pentagon is allowing Elon Musk’s company to send a national security satellite to orbit with a reused rocket for the first time. SpaceX

Like any other smart investor, a mutual fund manager uses a variety of technical and fundamental indicators to assess the profitability of a stock before adding it to the fund’s portfolio. However, what really drives fund managers’ stock-picking decisions are the stated goals of the funds they manage. Different mutual funds are designed to achieve

American Express American Express, best known for its array of personal and corporate cards, is making a push into territory held by banks and a growing list of fintech players. The card company is launching its first checking account for small businesses by leaning on technology acquired last year in the acquisition of online lender

Is a Chartered Financial Analyst (CFA) designation worth the work required to obtain it, and is it better than other professional commitments, such as a Master of Business Administration (MBA) or Certified Public Accountant (CPA) designation? To determine the value of the CFA designation, you must decide whether your chosen career path will require a

In this article NCNO AVGO JNJ ADSK STX Johnson & Johnson products on a shelf in a store in New York. Lucas Jackson | Reuters The S&P 500 notched new records this past week, but future gains are anything but a guarantee. Investors are still weighing the implications of a potential change in monetary policy

CNBC’s Jim Cramer said Wednesday that trading meme stocks is more gambling than investing. “It’s exciting. It’s fun, and it’s real,” Cramer said on “Squawk Box.” However, he added, “If you’re going to play it, I think that you can, I don’t know, go to the casino. These should be offered at the casino.” He

The peer-to-peer digital currency bitcoin made its debut in 2009, ushering in a new era of cryptocurrency. While tax authorities, enforcement agencies, and regulators worldwide are still debating best practices, one pertinent question—is bitcoin legal or illegal? The answer—depends on the location and activity of the user. Bitcoins are not issued, endorsed, or regulated by any

In this article PSTH Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Company: Pershing Square Tontine Holdings, Ltd. (PSTH) Business: Pershing Square Tontine Holdings is a special purpose acquisition company (“SPAC”). The firm does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition,

In this article TSLA AMZN CNBC’s Jim Cramer on Friday suggested the U.S. impose a surtax on billionaires following this week’s ProPublica report on how some of the richest people on the planet are avoiding taxes. In recent years, billionaires including Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, and businessman Michael Bloomberg, investors Carl

Choosing the right business structure for your enterprise is a crucial decision. It has long-lasting ramifications, as it sets the path for the future in terms of operations, management, legal, and tax issues. Proper research should be done before you take your pick. There are several organizational forms that business can choose from, including sole

Reddit co-founder Alexis Ohanian told CNBC on Thursday that the meme stock frenzy — which traces its roots to the online forum website he helped create — is what happens when momentum investing is amplified by technology. “Really, the existence of people getting whipped up and excited about a stock has happened, you know, it’s

Financial services for cryptocurrency holders have been growing as a subset of the fintech industry for years. Now, crypto 401(k)s are entering the mix. A small 401(k) provider called ForUsAll is now allowing participants to allocate up to 5% of their retirement funds into cryptocurrency.  The offering includes 50 different crypto assets including bitcoin, which

We’ve all heard the financial experts describe the benefits of portfolio diversification, and there’s truth in it. A personal stock portfolio needs to be diversified to help lessen the inherent risk of holding only one stock or only stocks from one particular industry. However, some investors may actually become over-diversified. Here’s how you can maintain