Investing News

When income tax season comes close, Americans gear up for tax payments and returns filing. It is also the time to start the work for maintaining fresh records for the next financial year. Amid all the developments, participants who have dealt in cryptocurrencies like bitcoins are a worried lot. In 2017, the Internal Revenue Service

The U.S. airline industry today is arguably an oligopoly. An oligopoly exists when a market is dominated by a small group of companies, often because the barriers to entry are significant enough to discourage potential competitors. In the U.S. airline industry the barriers to entry include high startup costs, infrastructure constraints limiting the availability of

In March 2020, U.S. lawmakers agreed to pass a $2 trillion stimulus bill called the CARES (Coronavirus Aid, Relief, and Economic Security) Act to blunt the impact of an economic downturn set in motion by the global coronavirus pandemic. On March 27, 2020, President Trump signed the bill into law. With most forecasters at the time

NVIDIA President and CEO Jen-Hsun Huang Robert Galbraith | Reuters This past week revealed several key economic updates for July, including a strong labor market, cooler-than-expected inflation, and a lower budget deficit, all of which have kept market spirits high. As cheerful as investors might be thanks to all the good news, a looming uncertainty

IKEA is a Swedish multinational company that was founded in 1943 by 17-year-old Ingvar Kamprad. It is one of the world’s largest privately-held companies and has been the world’s largest furniture retailer since 2008. The majority of IKEA outlets are controlled by the holding company INGKA Holding, which is owned by the Stichting INGKA Foundation. The

In this article IEP Keith Meister, founder and chief investment officer at Corvex Management LP. Brendan McDermid | Reuters Company: MDU Resources Group Inc. (MDU) MDU Resources is a regulated energy delivery and construction materials and services business. The company is organized into the following four business segments: (i) utilities: electric and natural gas distribution,

The sports betting industry rakes in hundreds of millions of dollars each year, thanks to a loophole in the law against gambling. While there are several different fantasy sports sites out there, two startups have capitalized on the growing number of sports fans looking for a quick and easy way to get involved with fantasy

You found the perfect car, priced well below what you expected. Before sealing the deal, you look up the car’s information and to your surprise find that the car has a branded title. What does that mean, and is this a deal killer? A branded title indicates that the car had extensive damage, issues with

On Tuesday, VantageScore Solutions LLC said that it would stop including medical bills that have been sent to collections in its credit scoring model, according to a report from the Wall Street Journal. The VantageScore, which was created as a joint venture between the major credit reporting agencies, is not used as widely as the

Key Takeaways The number of Disney+ subscribers came in about 4.6 million above estimates. Disney+ is Disney’s video streaming service and has grown rapidly since it first launched in late 2019, but the pace of growth has slowed dramatically. Revenue also beat analyst predictions. Source: Predictions based on analysts’ consensus from Visible Alpha Disney (DIS) Financial

Death and debt—they’re the last things you want to think about. Unfortunately, they are tied together. Nearly 75% of Americans die with outstanding debt, such as credit card balances, mortgages, auto loans, and student loans. How that debt is handled after death depends on the type of debt and where the person lived. Here’s what you need

PayPal (PYPL) is almost synonymous with online payments, but it is not alone in the growing digital money space. Nearly every consumer market is moving online. For example, consider how Amazon overtook Walmart as the world’s largest retailer. Consumers are turning to online payment systems in record numbers every year. The industry for online payment

Tesla, Inc., formerly known as Tesla Motors, has grown since its IPO a decade ago into one of the world’s biggest producers of electric vehicles under the leadership of CEO Elon Musk. The company sells cars, SUVs, and trucks. In addition to electric vehicles, it has expanded into energy generation and storage systems. Tesla joined the S&P

At one time, the last year that the tax deduction for private mortgage insurance (PMI), also known as mortgage insurance premium (MIP), was allowed was for the tax year 2017—but only for mortgages taken out or refinanced after Jan. 1, 2007. However, The Further Consolidated Appropriations Act of 2020 allowed MIP and PMI tax deductions

MBA vs. Master’s in Finance or Economics: An Overview For many individuals looking to advance their careers in business, earning a master of business administration (MBA) degree may seem like an obvious way to get ahead. But if you work in the world of finance or economics, getting a specialized degree might be a better

Charitable organizations survive primarily on donations, with the holiday season (and year-end tax deadline for charitable contributions deductions) making December the most active time for charitable giving. Charities have to get creative to stay afloat the other 11 months of the year. There are five main ways that charities make money and stretch their dollars:

After four days of dramatic swings, 30-year mortgage rates dropped modestly Tuesday. Movement was mixed across other averages. Today’s National Mortgage Rate Averages The 30-year average moved six basis points lower Tuesday, after wildly seesawing the four previous days. The average had swung from 5.26% to 5.82% over that period, and now sits at 5.64%.

A completely cashless society sounds appealing to some, and although we’ve made strides to making it possible, it is not yet a reality. Despite the magic of PayPal, Square, credit cards, and mobile wallets, some of us need to carry around cash. While we can choose from a rich array of singles, fins, sawbucks, Jacksons, $50s, and Benjamins,

It’s been a tough week for chip stocks. On Monday, Nvidia had warned its revenues would be well below its guidance as gaming revenue slowed. Then Micron cut its current-quarter revenue and warned of negative free cash flow for the quarter as customer inventories pile up amid weakening demand for chips used in PCs and smartphones. Micron (MU) shares

What Is a Currency War? A currency war is an escalation of deliberate currency devaluation policies among two or more nations, each of which is trying to stimulate its own economy. Currency prices fluctuate constantly in the foreign exchange market. However, a currency war is marked by a number of nations simultaneously engaged in policy