Daily Trade

In divorce, one spouse or ex-spouse may become legally obligated to make payments to the other party. Because these payments are often substantial, being able to deduct them, or not, can be a significant tax issue. Before the 2017 Tax Cuts and Jobs Act (TCJA), payments that met the tax-law definition of alimony could always

First off, I’ll admit it may sound foolish to be bearish on Costco Wholesale Corp. (NASDAQ:COST) stock. But my bearishness isn’t built around any issues with the company’s underlying business. Source: ARTYOORAN / Shutterstock.com Mainly, because there are not too many. The membership-based discount retailer keeps reporting strong results. It thrived during the pandemic. It’s still

Shares of up-and-coming luxury EV producer Lucid Group (NASDAQ:LCID) shed over 15% of their value in the past month. LCID stock slid roughly 14% earlier this month after the release of underwhelming fourth-quarter earnings report. Source: Around the World Photos / Shutterstock.com A lot was riding on that earnings report. The start-up has been the

Investors appeared to latch on to a hint of optimism around prospects for quelling the Russia-Ukraine war Wednesday, spark major reversals across markets, with commodities retreating alongside traditional havens as beaten-down global equities bounced sharply higher. “It has been almost two weeks since Russia invaded Ukraine and it appears that traders are becoming a little

Treasury yields were climbing on Wednesday as investors held out some hope that a resolution of hostilities, now in the second week, in the Ukraine could soon be achieved. Yields for U.S. government debt were little affected by a lackluster auction of 10-year paper. What are yields doing? The 10-year Treasury note TMUBMUSD10Y, 1.940% yields

Gold futures posted their first loss in five sessions on Wednesday, pulling back from near record highs, as most equity bourses across the globe rallied, drawing flows away from perceived havens. There’s a “general shift in sentiment across asset classes,” said Colin Cieszynski, chief market strategist at SIA Wealth Management. Still, “it’s hard to tell

Upstart Holdings, Inc. (NASDAQ:UPST) is an artificial intelligence (AI) -powered lending platform that seeks to upend traditional bank underwriting practices. In a good way. Upstart’s use of AI and machine learning offers big advantages to lenders. Consumers like it, too. Riding a wave of massive growth in revenue, UPST stock surged through much of 2021.

In late 2011, tens of thousands of Russians took to the streets of Moscow to demand that election results rife with alleged fraud be overturned.  It was the biggest challenge to Vladimir Putin’s authority since he took power a decade earlier, and that it wasn’t immediately crushed gave hope that perhaps change was coming to

Meta Platforms (NASDAQ:FB), which will soon change its symbol to META, has cratered over 38% based on a less than 0.05% drop in its daily active users (DAUs). Something is off with that. FB stock is probably undervalued and is now clearly a bargain. This article will look into why. Source: Blue Planet Studio /

Americans can start ordering free COVID-19 test kits from the federal government again. The U.S. government will mail COVID tests to people who order them through the United States Postal Service. You can order them online here, or by calling 1-800-232-0233. Each order consists of four rapid antigen tests, and will ship free — there

Many marketers say there’s no such thing as bad publicity. Truth Social, President Donald Trump’s media company, is putting that axiom to the test. The firm is set to merge with Digital World Acquisition (NASDAQ:DWAC), enabling Truth Social’s shares to be traded by the public. Source: mundissima / Shutterstock Truth Social’s first order of business

U.S. stock-index futures fell sharply after trading began late Sunday, as investors remain rattled by the ongoing war in Ukraine. Dow Jones Industrial Average futures YM00, -0.99% slid more than 300 points, while S&P 500 futures ES00, -1.38% and Nasdaq-100 futures NQ00, -1.89% each fell more than 1%. Last week, all three major indexes booked

Skillz (NYSE:SKLZ) came public amid a lot of expectations. Bulls pitched SKLZ stock as the combination of gambling and e-sports. This seemed like a can’t miss prospect given the powerful uptrend that both those sectors are enjoying. Source: Dennis Diatel / Shutterstock.com However, Skillz’ investors have seen their luck run dry. Shares have collapsed over

The February jobs report showed the economy adding more jobs than expected — and also more people physically at work after the omicron variant’s disruptions. With spring just around the corner and the variant in the rearview mirror, this could be a preview of what’s to come. Last month, 13% of workers said they had

Among the most famous social media platforms in the world, TikTok has amassed nearly 80 million users in the U.S. alone. Expanding out the scope to the rest of the world, the video-sharing service commands a monthly active user base of 1 billion. Invariably, the community will feature a wide variety of subject matter, including

Federal Reserve Chair Jerome Powell is telegraphing his first punch in the fight against inflation — his intention to support a 25 basis-point increase on a benchmark interest rate, the first in a number of potential rate hikes this year. Now it’s time for consumers to make their own maneuvers, particularly those who are planning

Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. It’s that time in earnings season when we’re getting down near the bottom of the barrel. With 95% of S&P 500 companies having reported results for the fourth quarter of 2021,  the season for earnings reports is coming to a conclusion. We’re

Dear Quentin, Our only daughter is getting married. It’s getting expensive. Do we owe her younger brothers anything to even out the monetary gifts? One of them is married, and we covered the groom’s side of that wedding, but that was about 15% of what our daughter’s wedding costs will be.  We have the money,

EVgo, Inc. (NASDAQ:EVGO) operates a direct current (DC) fast-charging network for electric vehicles (EVs) in the United States. The focus is on fast chargers, which gives it a different business strategy than its competitors. Is this a smart move to gain an economic moat in the race towards electrification of mobility? It might be reflected

You have an adult child who is struggling to buy a home in today’s overheated seller’s market. Meanwhile, you’re ready to unload your current abode. Maybe to downsize or move into a retirement community. Maybe to move to a warmer climate or a lower-tax state. Whatever. You’re financially set and don’t really need the money