The shell company that plans to merge with former President Donald Trump's new media platform is losing steam after a trading frenzy in the stock market last week. CBS Moneywatch reporter Aimee Picchi joins CBSN's Tanya Rivero for more on the story.
Republican Sen. Marsha Blackburn rolled out a measure Tuesday that would protect essential workers from being fired due to federal COVID-19 vaccine mandates, making them exempt from President Biden's executive order.
EXCLUSIVE: The Raid star Iko Uwais has landed the villain role in The Expendables 4. He joins returining stars Jason Statham, Sylvester Stallone, Dolph Lundgren and Randy Couture. Also joining the ensemble are Megan Fox, Curtis “50 Cent” Jackson, Jacob Scipio and Andy Garcia. Stuntman-turned-helmer Scott Waugh is set to direct. Spenser Cohen wrote the script, […]
U.S. President Joe Biden has blocked a second attempt by former President Donald Trump to withhold documents sought by lawmakers investigating the deadly Jan. 6 attack on the U.S. Capitol and ordered the latest batch to be handed over to Congress. "Biden has determined that an assertion of executive privilege is not in the best interests of the United States, and therefore is not justified," Biden's counsel Dana Remus wrote in an Oct. 25 letter to the National Archives and Records Administration. Taylor Budowich, a spokesman for Trump, did not immediately respond to a request for comment.
House Speaker Nancy Pelosi (D-Calif.) said Sunday she expects the chamber to pass the bipartisan infrastructure plan by week’s end, and alternatives to corporate tax hikes and a “billionaires tax” will be used to finance President Biden’s promised expansion to the social safety net.Why it matters: Pelosi’s comments come as House and Senate leaders try to wrap up a deal. What will get cut — and how the remainder will be paid — are linchpins to a final agreement.Get market news worthy of your time
Some retirees are surprised to learn that the federal government, in certain circumstances, taxes Social Security benefits. Even more surprising to some is that certain individual states also apply...
With the family depleted, which of the Queen's heirs will accompany her to future events?
Earnings season is in full swing, and so far the Q3 numbers are looking solid. As of Monday’s close, 84% of the 117 S&P-listed companies reporting so far have beaten expectations. These results have calmed some fears that the third quarter would disappoint. Meanwhile, Oppenheimer strategist John Stoltzfus believes interesting times lie ahead, with the most likely goose to the markets coming from the political scene. “Ongoing negotiations in Congress to trim the cost of the next round of policy r
These stocks are either immune to inflation or stand to benefit, the Mad Money host says.
(Bloomberg) -- Elon Musk’s personal fortune jumped by $36.2 billion Monday after Hertz Global Holdings Inc. placed an order for 100,000 Teslas and filings showed a fresh tranche of options in his moonshot pay package vested. Most Read from BloombergCities' Answer to Sprawl? Go Wild.Hamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyOne of California’s Wealthiest Counties Could Run Out of Water Next SummerThe Top Money
For well over a century, the stock market has stood head-and-shoulders above all other investment vehicles. In a little over 11 years, we've watched Bitcoin (CRYPTO: BTC) gain more than 7,700,000,000%. There's also meme-based coin Shiba Inu (CRYPTO: SHIB), which has racked up gains of greater than 5,000,000% since it debuted less than 15 months ago.
The semiconductor chip industry has been in the news of late – but mostly due to the global chip shortage that is impacting a multitude of downstream industries worldwide. The computer chip backlog is exacerbated by the heavy crimps in the supply chain, and the result has been lower production and headaches for production managers. So let’s look at the bright side. It’s earnings season, and several semiconductor companies will be reporting this week – and from their end, the picture’s not so glo
The three companies each nudged out other reliable payers offering lower yields to take spots in New Constructs' model portfolios of dividend stocks.
Take Shiba Inu (CRYPTO: SHIB), for example. Here are three unstoppable stocks that are better buys than Shiba Inu. Real-world utility, or the lack thereof, is arguably the biggest knock against Shiba Inu.
If you have retired from full-time work, or will soon, it’s important to have enough liquid assets to keep you from drawing down your portfolio in times of market turbulence. “It keeps you calm and steady in times of market volatility,” says Daniel Lee, director of financial planning and advice at BrightPlan, a financial wellness benefit provider based in San Jose, Calif. “The cash protects your investment portfolio from having to sell something at an unfavorable time.” There are actually two types of funds to help you stay financially secure: a rainy-day fund and an emergency fund, the first smaller than the second.
In this article, we discuss the 10 stocks to consider in the portfolio of Mark Cuban. You can skip our comprehensive analysis of Mark Cuban’s history investment philosophy, and hedge fund performance, and go directly to Mark Cuban Stock Portfolio: 5 Stocks To Consider. Mark Cuban is an angel investor and billionaire who first rose […]
Next year, Social Security recipients will see the largest Cost of Living Adjustment ever. The 5.9% expected increase in benefits will come as an adjustment to the increased cost of living after a...
Every investor wants to see his stocks pay off – or he wouldn’t be in the markets. But finding the right investment, the ‘one’ that will bring profits, no matter what direction the overall markets take, can sometimes be challenging. The two simplest courses of action an investor can take to ensure solid returns are based on common sense. The first is, to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the
When it comes to investing success, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is in a class of his own. Buffett may not be infallible, but he's helped create more than $600 billion in shareholder value for the company's shareholders since taking the helm in 1965. As a whole, Berkshire Hathaway's shares have averaged an annual gain of 20% over the past 56 years, leading to an aggregate gain of better than 3,300,000%.
The first no-brainer stock patient investors can buy right now with $50 is mobile gaming platform company Skillz (NYSE: SKLZ). Shares of Skillz have lost more than three-quarters of their value since peaking in early February. What makes Skillz such an intriguing company is that it's avoided the costly development side of the equation and focused its efforts on being a platform where gamers can compete against each other for cash prizes.
The DoubleLine Capital boss trumpeted commodities and emerging markets, but sounded more bearish about stocks.
