Investing News

The Commonwealth of the Bahamas owes its tax haven status to its tax- and business-friendly laws for foreign investors. This is because citizens of the Bahamas and resident aliens pay no taxes on personal income, inheritance, gifts, or capital gains. Instead, the government derives revenue from other forms of tax, including value-added tax (VAT), property taxes, stamp

Rising energy prices—fueled at least in part by Russia’s invasion of Ukraine—have made life uncomfortable for many Americans. Though prices for crude oil, gasoline, diesel fuel, and heating oil are forecast to drop a bit in 2023, the costs of of natural gas and electricity are expected to rise slightly next year. And all these

Honda Motor Company announced it is partnering with South Korea-based LG Energy Solution to construct a new battery plant in the U.S., establishing a joint venture (JV) with the battery manufacturer. The new plant would enable Honda to produce lithium-ion batteries to power electric models of its Honda and Acura vehicle brands. Together, LG Energy and Honda will invest

Traders on the floor of the NYSE, Aug. 11, 2022. Source: NYSE As the market reacted in alarm to Federal Reserve Chair Jerome Powell’s hawkish comments and determined tone on Friday, I struggled to retrieve an analogous situation that ended well. My conclusion is that, although we have experienced a bear-confirming drop of over 20%

Investing in the crypto market is a challenge, to say the least. It seems to defy any rules that apply to other markets, and investors can simply be overwhelmed by the volatility and the technical nature of the market. That said, it’s not without reason that many popular investors and companies are beginning to apportion

The U.S. labor market will be in the spotlight this week, as upcoming reports could provide insights into how the Federal Reserve’s agenda of rate hikes to address inflation is impacting the job market. On Tuesday, the Bureau of Labor Statistics (BLS) is set to release its monthly Job Openings and Labor Turnover Survey (JOLTS) report tracking hires, quits,

Today, President Biden announced his long-awaited plan to forgive up to $10,000 in federal student loans for millions of borrowers. The President also further extended the pause on federal student loan payments, interest, and collections until the end of the year. Key Takeaways Borrowers will be able to get up to $10,000 in federal student

Intel Foundry Services will manufacture multiple chips for MediaTek for a range of smart edge devices, the two companies said on Monday. Fabian Bimmer | Reuters Markets are expected to remain volatile for the remainder of the year or at least until inflation shows some sign of stabilizing without jeopardizing economic growth. Indeed, stocks sold

When you take out a certificate of deposit (CD), you agree to leave your money in the bank for a set period of time. When the term of the CD ends, the bank will release the money to you, along with the interest it earned. This is known as the CD maturing. When your CD

Cars are indispensable for most of us who don’t live in New York City. While it’s common knowledge that car expenses traditionally rival only dwelling expenses in the standard household budget, is it true that cars have gotten correspondingly more expensive over the years? Henry Ford achieved business immortality by democratizing the car. Of his

Operating margin and EBITDA are two measures of a company’s profitability. They are related but provide investors and analysts with different insights into the financial health of a company.  Operating margin, which is expressed as a percentage, is a measure of the revenue left over after accounting for expenses. It is the amount of profit that a

Life insurance can be a valuable financial tool to provide for your loved ones after your death. Having life insurance can help you plan for the future and bring you peace of mind. While life insurance can offer a number of advantages for many people, but others may have reasons why buying life insurance may

How can people get rid of their student loan debt—and, specifically, when is loan forgiveness an option? We don’t need another statistic to tell us how deep in student loan debt U.S. college graduates are. Total debt and average debt figures don’t mean much, except to say that if the sums you owe keep you

If you’ve recently graduated or left college, you might be surprised at how much of your student loan payment goes just to the interest portion of your debt. To understand why that is, you first need to understand how that interest accrues and how it’s applied toward each payment. Key Takeaways Federal loans use a

Being your own boss is a wonderful feeling, but it also comes with the responsibility of knowing how much to charge for your services. You may enjoy the freedom to take your career in whatever direction most interests you and to decide your own work schedule, dress code, and daily routine. But you also have

Corruption is a problem all over the world. Soccer’s governing organization, Fédération Internationale de Football Association, or FIFA, is just one example, with several executives found guilty of racketeering and money laundering in 2015. The college admissions world was rocked in 2019 after several high-profile celebrities faced legal trouble—including charges of bribery and several types

Candlestick charts are a technical tool that packs data for multiple time frames into single price bars. This makes them more useful than traditional open-high, low-close bars or simple lines that connect the dots of closing prices. Candlesticks build patterns that predict price direction once completed. Proper color coding adds depth to this colorful technical tool, which dates back to 18th-century

Key Takeaways Analysts estimate EPS of $0.50 vs. $0.94 in Q2 FY 2022. Data center revenue is expected to rise at a rapid pace YOY, but decelerating relative to the past two quarters. Companywide revenue is expected to increase, but at the slowest pace in 11 quarters. Nvidia Corp. (NVDA) has seen profits and revenue

The world’s biggest companies by market cap operate within a range of different market sectors, including technology, communication services, energy, consumer cyclicals, and financial services. A company’s market cap is calculated by multiplying the total number of its shares outstanding by the current market price of a single share. The majority of the companies making

In this article AMC AMC Entertainment has embarked on a meme-friendly experiment to give a token reward to its retail investor base while also creating a backdoor way to raise more cash down the line. The theater chain’s new preferred share class — called “APE” units — begin trading on Monday after being distributed to