By Dan Weil ‘We always believed these past two years represented a fake bull market, built on sand, not concrete,’ the prominent economist David Rosenberg says. Stocks are slumping, with the S&P 500 down 18% year to date. And prominent Wall Street econ…
Guide to IRS Tax Penalties: How to Avoid or Reduce Them
By TurboTax Here’s how you can minimize or avoid the most common penalties imposed by the IRS. For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog p…
Beyond Meat Stock Jumps After Kim Kardashian is Made Its New Face
By Veronika Bondarenko Kim Kardashian has been enlisted as Beyond Meat’s “chief taste consultant.” Both advocacy groups and alternative meat producers often rely on famous faces to promote the plant-based lifestyle — from Pamela Anderson’s “vegans make…
Musk Promises Starlink Connectivity to a Region in Huge Need
By Luc Olinga The billionaire and CEO of Tesla was born in South Africa and moved to Canada as a teenager. Is this the return of the prodigal son? If Elon Musk has become the world’s most influential CEO — he’s undoubtedly the one most closely attache…
Elon Musk Makes a Hugely Important Promise to Africa
By Luc Olinga The billionaire and CEO of Tesla was born in South Africa and moved to Canada as a teenager. Is this the return of the prodigal son? If Elon Musk has become the world’s most influential CEO — he’s undoubtedly the one most closely attache…
Cathie Wood Watch: Ark Reverses Course on Electric-Vehicle Titan Tesla
By Dan Weil Asset manager Cathie Wood also bought shares of her flagship fund’s No. 3 holding and shares of a cryptocurrency exchange. The prominent investor Cathie Wood, chief executive of Ark Investment Management, reversed course on a big electric-v…
Stock Market Today – 5/24: Stocks Slide On Renewed Growth Worries; Snap Warning Rattles Tech
By Martin Baccardax Monday’s solid opening-week rally has given way to caution Tuesday as growth and inflation concerns pull investors away from global risk markets. U.S. equity futures slumped lower Tuesday, potentially erasing most of yesterday solid…
Support Grows to Save a Las Vegas Strip Icon Set for Demolition
By Daniel Kline One of the most recognizable parts of the famed Sin City road faces a wrecking ball. Las Vegas icons come and go. Frank Sinatra and the Rat Pack — once synonymous with the Las Vegas Strip — have become relics of the past, fondly remem…
Markets: The Correction Is Not Over Yet
By Ellen Chang The three benchmark indexes in the stock market rose on Monday, but the correction could continue. The recent selloff in the stock market could be the start of a reprieve, hedge fund experts and market strategists said. The Dow rose by 6…
AMD Stock Chart: Can It Get a Boost From Nvidia’s Earnings Report?
By Bret Kenwell AMD stock has fallen hard but is finding its footing and outperforming the market. Here’s how to trade it from here. Advanced Micro Devices (AMD) – Get Advanced Micro Devices, Inc. Report stock on May 23 stumbled out of the gate, then f…