Market News
Larry Summers Nailed Inflation. But Is He Right on What Comes Next?
Wall Street Journal - 27 Jun 2022 17:31
The former Treasury secretary predicts a return to slow-growth secular stagnation once inflation is brought under control.
Forbes Midas List VC Hints Funding Winter Could End By 2025
Forbes - 27 Jun 2022 13:46
It may take two or three years for venture capital firms to clean out their bad investments. The sooner the stock market recovers, the faster that will happen.
Where Is Charles Schwab Stock Headed?
Forbes - 27 Jun 2022 14:00
At its current price of $62 per share, it is trading 32% below its fair value of $92 - Trefis' estimate for Charles Schwab's valuation.
Goldman Sachs, Wells Fargo Boost Shareholder Payouts
Wall Street Journal - 27 Jun 2022 23:57
Four of the six biggest U.S. banks raised their dividends after the Federal Reserve cleared the way.
Nike earnings top Wall Street's expectations, despite inflation in the U.S. and Covid lockdowns in China
CNBC - 27 Jun 2022 23:01
Nike posted better-than-expected sales and profit for its fiscal fourth quarter.
Robinhood Shares Soar on Takeover Hopes
Wall Street Journal - 27 Jun 2022 22:43
Robinhood Markets shares surged Monday on reports that cryptocurrency exchange FTX is exploring a potential acquisition of the brokerage.
How Primeinvestor's Vidya Bala manages her personal finances
livemint.com - 27 Jun 2022 20:49
Bala says mutual funds have become a large part of her portfolio, has a very small exposure to real estate
Returns on my investments
livemint.com - 27 Jun 2022 19:27
Building a portfolio is a complex exercise, and it has to be maintained too
How do you claim house construction costs?
livemint.com - 27 Jun 2022 19:20
A taxpayer is allowed to deduct the cost of construction from the selling price of the house
Colombia Elects Its First Leftist President, Which Is Bad News For Oil And Gas
Forbes - 27 Jun 2022 19:09
Although voters in several Latin American countries managed to flip their countries back toward neoliberalism and free-market capitalism following the pink tide, it appears a new wave of populism has caused political app...
TDS: The onus is on buyers of virtual digital assets
livemint.com - 27 Jun 2022 18:54Credit Suisse Found Guilty in Money-Laundering Case Tied to Cocaine Ring
Wall Street Journal - 27 Jun 2022 17:12
Credit Suisse and a former employee were found guilty in a Swiss federal criminal court of helping a Bulgarian crime ring launder money related to cocaine trafficking.
Unemployment Will Rise And 'Extreme' Price Pressures Continue As Fed Hikes Risk Recession, S&P Warns
Forbes - 27 Jun 2022 17:11
"It's hard to see the economy walking out of 2023 unscathed," the ratings agency said Monday as it warned of the impact of rising interest rates.
India's Zomato Bites the Bullet on Quick Commerce
Wall Street Journal - 27 Jun 2022 16:51
Tech firm Zomato's acquisition of instant delivery firm Blinkit is coming across as a risky bet in a tough market environment. But does Zomato have the option to wait?
For Tencent's Anchor Shareholder, a Bad Run Sparks a Better Strategy
Wall Street Journal - 27 Jun 2022 16:18
In a surprise move, Amsterdam-listed technology investor Prosus plans to sell Tencent shares and buy back its own lowly valued stock.
Crypto Hedge Fund Three Arrows Defaulted on Loan, Says Broker
Wall Street Journal - 27 Jun 2022 15:50
Three Arrows has defaulted, failing to make loan payments tied to large bets in the digital-currency realm, crypto broker Voyager Digital said.
Cash Burn: Stocks That Could Go To $0 As Fed Raises Rates: Freshpet
Forbes - 27 Jun 2022 15:49
Time is running out for cash-burning companies kept afloat with easy/cheap access to capital. These "zombie" companies are at risk of going bankrupt if they cannot raise more debt or equity, which is not as easy as it us...
Look Beyond Legacy Fund Ratings And Avoid DF Dent Mid Cap Growth Fund
Forbes - 27 Jun 2022 15:34
My deep dive into this fund's holdings reveal a portfolio that is inferior to its benchmark and the S&P 500, which makes future underperformance likely.
Starbucks Stock Down 35% In 2022, Is There An Upside?
Forbes - 27 Jun 2022 15:00
SBUX stock has declined from around $114 to $75 in the last six months, largely underperforming the broader indices, with the S&P falling about 20% over the same period.
Markets Look To String Together Two Positive Weeks
Forbes - 27 Jun 2022 14:50
Markets closed strong last Friday with the S&P 500 notching a 3.1% gain, marking the best day in the index since May of 2020.
International Business Law As A Model Of Neutrality Avoiding Bias Pitfalls In Gun Regulations
Forbes - 27 Jun 2022 14:40
After 19 children and two adults in Texas are gunned down by an 18-year-old who legally purchased an AR-style gun, why do reasonable measures for background checks fail to make their way through our legislative process?
How To Get $8.1 Billion Of Student Loan Forgiveness
Forbes - 27 Jun 2022 14:30
Here's how to qualify for student loan forgiveness.