Opinion: AI could unleash mass unemployment and inequality. Tax the 1% to ease the pain.
From MarketWatch: European Union lawmakers reached a provisional agreement on a landmark regulation to mitigate the risks that artificial intelligence
Category: Markets
JD.com Triumphs Over Alibaba in Pivotal Antimonopoly Lawsuit
From Quiver Quantitative: In a victory for JD.com in China’s e-commerce industry, the High People’s Court of Beijing has ruled
How I, and Everyone Else, Got 2023 So Wrong
From Dow Jones & Company: In 2023, economists were surprised as the fastest rate hikes in 40 years did not
Why Fisker Stock Raced Higher This Week
From Nasdaq: Fisker experiences a U-turn with impressive 2023 vehicle deliveries. Shares on the stock market are up 21.9% as
Fisker’s stock soars as EV maker to announce plan to boost sales, deliveries
From Dow Jones & Company: Shares of Fisker Inc. surged higher after announcing plans to accelerate sales and deliveries in
Abercrombie & Fitch Outperforms Nvidia This Year
From Barchart: Abercrombie & Fitch (ANF) shares reach record high, up nearly +300% this year and beating out Nvidia’s +240%
The Teenage Millionaires Rocking the Sports World
From Dow Jones & Company: After the recent change in NCAA rules, college athletes are now able to profit from
First Week of LESL August 2024 Options Trading
From Nasdaq: A new options trading opportunity for Leslie’s Inc investors has opened up for the August 2024 expiration. The
Amazon’s stock looks to enter 2024 with a record-tying weekly winning streak
From Dow Jones & Company, Inc.: Amazon.com Inc. shares are on track to end the year with a record-tying weekly
PayPal Stock 2024 Forecast: Can the ‘Law of Averages’ Help PYPL Go Higher?
From Barchart: Despite closing in the red for the third year in a row, PayPal’s forecast for 2024 looks promising.
Hollywood’s Box Office Recovery Needs Rewrite
From Dow Jones & Company: The 2023 holiday season has been disappointing for Hollywood, with box office receipts barely crossing
These Mega-Dividends Shell Out Up To 19% … But Are They Safe?
From Nasdaq, Inc.: While double-digit dividend stocks may seem like a great way to retire on dividends, many of them
In the new year, retirees want to pay off credit card debt
From Dow Jones & Company: Many older Americans are making financial New Year’s resolutions in 2024, with the top three
Stock Index Futures Move Lower as Banner Year Nears End
From Barchart: On the final trading day of 2023, March S&P 500 E-Mini futures (ESH24) are down -0.02%, and March
Why Oil Prices Never Surged to $100 This Year
From Wall Street Journal: The U.S. has played a key role in keeping oil and gasoline prices in check this
3 Things You Need to Know Before Stashing Money in an HSA in 2024
From Nasdaq, Inc.: 1. HSA eligibility rules and contribution limits are changing in 2024, with individual deductibles at $1,600 and
Hapag-Lloyd to continue diverting ships from Red Sea
From Dow Jones & Company: German container shipping company Hapag-Lloyd has decided to continue diverting its ships from the Red
Stock Index Futures Move Higher as Banner Year Nears End
From Barchart: S&P 500 E-Mini futures (ESH24) are up 0.02%, and Nasdaq 100 E-Mini futures (NQH24) are up 0.08% on
Carmakers Are Drowning in Cash
From “Wall Street Journal”: 1. Car manufacturers are flush with cash but facing uncertainty, with share buybacks serving as a
Salesforce Stock Doubled in 2023. Can It Do It Again in 2024?
From Nasdaq.: Salesforce stock has surged by 100% in 2023, outpacing the S&P 500’s 24% gain. The company’s impressive cash
We’re retired with $1.4 million in investments and two mortgages worth $200,000. Do we pay them off and risk raising our Medicare premium?
From Dow Jones & Company: A 71-year-old retiree is wondering whether to pay off two mortgages by selling stock or
Stock Index Futures Edge Higher as Banner Year Nears End
From Barchart: The March S&P 500 E-Mini futures (ESH24) are up +0.02%, while the March Nasdaq 100 E-Mini futures (NQH24)
The Fed Alone Can’t Make Gold Sparkle in 2024
From Wall Street Journal: This Christmas, the price of gold has surged, with New York gold futures trading around $2077
These 3 Companies Can Be the Next Stock-Split Stocks in 2024
From Nasdaq: The past four years have been a roller-coaster ride for investors with extreme market volatility, including the COVID-19
Important caregiving lessons I learned as my parents aged in place
From Dow Jones & Company, Inc.: Summary: Many Americans want to “age in place” in their homes, but this goal