Investing News

Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Images The hedge fund at the center of the GameStop saga gained more than 20% in February, clawing back some of its losses from

With all the talk about stimulus checks since the passage of the CARES Act, you probably want to know when yours will come and what you can do to make the process go faster. The information below will help you know what, if anything, you need to do. Key Takeaways New deadlines for non-filers and

Exxon CEO Darren Woods emphasized the oil giant’s commitment to its dividend after the company lost more than $20 billion in 2020, and as activist investors push for change. “We’re going to continue to return cash to shareholders through a very strong dividend,” Woods said Thursday on CNBC’s “Squawk Box.” He noted that 2020 was

For some Americans, health insurance is one of their largest monthly expenses, leading them to wonder what medical expenses are tax-deductible to reduce their bill. As the price of healthcare rises, some consumers are seeking out ways to reduce their costs through tax breaks on their monthly health insurance premiums. If you are enrolled in

Tanger Outlets in National Harbor, Md. Mark Gail | For The Washington Post | Getty Images Shares of Tanger Factory Outlet Centers surged 20% in early trading on Thursday, becoming the latest heavily shorted stock to make a rapid move higher this year. The retail stock could be following in the footsteps of other names

How Does Sling TV Work? Those interested in ditching their cable TV service may wish to consider Sling TV, a service that streams live TV from the Internet but without needing a television or clunky cable box. Rather, viewers can use practically any Internet-connected device, including iOS and Android devices, Xbox Ones, Roku boxes, and

A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images Company: Kohl’s Corp (KSS) Kohl’s operates as a retail company in the United States. Its stores and website offer apparel, footwear, accessories, beauty, and home products. The company provides its products primarily under the brand names of Apt. 9, Croft &

Capturing trending movements in a stock or other type of asset can be lucrative. However, getting caught in a reversal is what most traders who pursue trendings stock fear. A reversal is anytime the trend direction of a stock or other type of asset changes. Being able to spot the potential of a reversal signals

The row of two-story tall 3D printer bays at the company’s headquarters. Relativity Space The founders of two private rocket-building companies met today – one, the richest person on Earth; the other, leader of a venture pushing the boundaries of manufacturing. Jeff Bezos stopped by the gleaming new “factory of the future” of Relativity Space

Calculating your adjusted gross income (AGI) is one of the first steps in determining your taxable income for the year. Once you have determined what your adjusted gross income is, you can determine your tax liability for the year. Here are some helpful tips for how to calculate your adjusted gross income (AGI) for tax

Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Billionaire investor Chamath Palihapitiya, the chairman of Virgin Galactic who took the company public through a SPAC deal in 2019, sold his remaining personal stake earlier this week, a securities

More than 24 million households in the U.S. have Roth individual retirement accounts, which accounted for $810 billion in retirement assets as of 2019, according to the Investment Company Institute.  The retirement savings vehicles are funded with after-tax dollars, which means distributions are tax-free. Key Takeaways Roth IRAs are retirement savings vehicles that are

Morgan Stanley is now the biggest General Electric bull on Wall Street after analyst Josh Pokrzywinski raised his target on the stock to $17 on Thursday, up from his prior forecast of $13. Shares of GE briefly topped $14 per share after the markets opened Thursday, setting a new 52-week high before paring gains and

Between October 2007 and November 2008 the Dow Jones lost more than 40%, and investors posted losses of more than $50 trillion globally. In a December 2008 report, AARP said, “The economic downturn underway is likely to be the worst since World War II. Its impact on older Americans could be devastating.” A March 2010

The SpaceX Falcon 9 rocket and Crew Dragon capsule stand upright on the launchpad at NASA’s Kennedy Space Center ahead of the Demo-2 launch. Elon Musk’s SpaceX denounced a subpoena from the Department of Justice for its corporate hiring records, saying in a court filing that the investigation by the federal agency’s Immigrant and Employee

Contrarian investors seeking to capitalize on stock market declines can profit during a bear market using an inverse exchange-traded fund (ETF). A bear market is typically defined as a situation where securities prices fall 20% or more from recent highs amid widespread investor pessimism. The spread of COVID-19 and its effect on investor sentiment triggered a

Chinese tourists wear masks as protection from the pollution outside the Forbidden City during a day of high pollution in Beijing, China. Getty Images Sustainable investing is taking off in Asia-Pacific as institutional investors accelerated their environmental, social and governance (ESG) investments during the coronavirus pandemic last year. ESG investing prioritizes a company’s positive contributions

Investors looking to enjoy the touch, feel and security of owning gold may wish to buy gold bars instead of intangible investments such as gold exchange-traded funds (ETFs). Physical, investment-grade gold, also referred to as gold bullion, can be purchased at spot price, which is the price of un-fabricated gold plus additional costs, which vary

CNBC’s Jim Cramer said Wednesday he anticipates a ferocious travel recovery from the Covid pandemic, a development that would have significant implications for companies with exposure to the industry and for the U.S. economy overall. “It’s going to be a boom here in this country, and I don’t think people are ready for it,” Cramer

Ordinarily, a tenth anniversary is a cause for celebration and reflection. But there were hardly any encomiums for bitcoin, which celebrated the tenth anniversary of its introduction to the world in 2018. Satoshi Nakamoto, who authored the whitepaper that introduced bitcoin to the world, is supposed to have created the digital currency in 2008 in