Daily Trade

As the midterm elections near, many Americans do not have financial peace of mind. It’s two weeks until the Nov. 8 midterm elections. The chances of the Republican Party taking back the House of Representatives and the Senate appear to be strengthening. Recession worries continue to cloud the horizon as the Federal Reserve raises interest
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In order to succeed in the long run, California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) must find ways to stand out from the competition. It appears that Mullen might achieve this through a strategy of acquisitions. This year, Mullen Automotive’s acquisition targets include Bollinger Motors and Electric Last Mile Solutions (ELMS). Given the company’s
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It took a while, but it’s finally happening — the number of for-sale listings on the market is rising, even during what is generally a slow season for the real-estate sector. Active inventory of homes has hit a new peak for the year, according to data from Altos Research. Inventory bottomed out at the beginning
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UBS Group AG on Tuesday said its third-quarter profit and revenue beat expectations amid a challenging market, as higher interest rates partly offset the impact of lower client activity at its key wealth-management business. The Swiss bank UBS, +1.67% UBSG, +2.92% reported a quarterly net profit of $1.73 billion, above company-compiled consensus expectations of $1.53
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Some folks choose to invest in video-game retailer GameStop (NYSE:GME) for the short-squeeze potential. Others might take a position because they’re anticipating strong financial growth from GameStop. However, the best reason to hold GME stock for five years is that the company is going all-in on non-fungible tokens (NFTs) and the cryptocurrency market. It’s mind-blowing to
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U.S. stocks moved higher on Monday, with all three major indexes poised to build on last week’s gains, as investors assessed weaker-than-expected economic data and the possibility that the Federal Reserve might pull back on aggressive rate increases by year-end. What’s happening The Dow Jones Industrial Average DJIA, +1.06% rose 305 points, or 1%, to
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U.S. stock futures gave up strong early-session gains overnight after Wall Street notched its best week since June. After initially surging about 300 points, or 1% on Sunday evening, Dow Jones Industrial Average futures YM00, +0.07% were last about flat at midnight Eastern, while S&P 500 futures ES00, +0.13% and Nasdaq-100 futures NQ00, +0.25% similarly
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Americans are putting a bow on their troubles, and wrapping up their cares and woes.  In fact, they appear to be quite enthusiastic about the upcoming holiday season, despite stagnant wages, rising inflation and the ever-looming threat of recession, according to a survey by TransUnion TRU, +1.49%, the consumer credit-reporting agency, released Thursday. Indeed, shoppers
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If you’re dreading the first of the month, you’re likely not alone. Rental costs for single-family homes were up 26% in August from the pre-pandemic prices of February 2020 — with the national median rent for a three-bedroom property jumping by $400 a month, according to Molly Boesel, principal economist for the housing-research firm CoreLogic.
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Chinese electric vehicle (EV) manufacturer Nio (NYSE:NIO) looks like a sure winner over the coming years. That’s because Nio’s growth, in terms of EV deliveries as well as revenue generation, is indisputable. Additionally, Nio is mapping out a carefully planned venture into potentially lucrative European markets. For these reasons, NIO stock should prove to be a
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Janitors, cafeteria workers and teachers appear to have one thing in common: They’re fed up. In September, 21,700 school workers left their jobs, according to the latest government data. This includes everyone from teachers to janitors at public schools. The number of K-12 school workers fell to 7,755,400 in September from 7,777,100 in August. To
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Biden administration officials are considering subjecting some of Elon Musk’s ventures, including his planned acquisition of Twitter Inc., to national security reviews, according to a new report. Bloomberg News reported late Thursday that some U.S. officials have become concerned in recent weeks by Musk’s Russia-friendly tweets and his threat to cut off Starlink satellite internet
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SoFi Technologies (NASDAQ:SOFI) is a relatively small neo-banking firm right now. However, the data shows that SoFi Technologies is growing by leaps and bounds. SOFI stock has the potential to make a 5x move in five years’ time if the company continues to expand and if the U.S. Federal Reserve finally stops raising interest rates. Let’s
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Global carbon dioxide emissions from the burning of coal, oil and natural gas will be held to an increase under 1% this year, an outcome that many observers deemed impossible as the globe struggled to get its hands on old and new energy sources after Russia invaded Ukraine. The prediction for a 2022 increase that
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Shares in hair care products company Olaplex (NASDAQ:OLPX) dropped more than 40% in pre-market trading today after the company cut sales projections. A press release estimates 2022 sales of $704 million to $711 million, and adjusted net income of $303 million to $307 million. Estimates released with its August quarter earnings were for sales of
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This is Part Two of our list of suggested year-end strategies. Part 1 discusses gaming the federal standard deduction, and managing capital gains and losses. The tax environment is getting friendlier for workers. With year-end rapidly approaching, it’s time to consider moves that will lower your 2022 tax bill and hopefully position you for tax
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