Investing
The retail industry faces a reckoning next year when we finally learn the true state of the consumer in a post-Covid world – without distortions like waves of government cash, snarled supply chains, corrosive inflation, and so on. Will the new-normal consumer economy continue to grow as it has for…
Commercial space-flight operator Virgin Galactic Holdings Inc. on Tuesday said it would cut staff in an effort to focus on developing its new class of Delta spacecraft that are expected to cost less and bring more profit. Management, in an email to employees, did not offer specific figures on the…
When describing the municipal bond market, the first adjectives are usually “staid” or “stodgy”. The terms “data-driven” or “technologically cutting edge” are not usually the first prefaces attached. That’s unfortunate—and increasingly inaccurate. Technological tides have risen steadily in this market, particularly in investing and money management, from digitized financial data…
Salesforce Inc.’s massive Dreamforce conference will remain in San Francisco next year, after Chief Executive Marc Benioff threatened to move it to another city. “Get ready for an electrifying experience at Dreamforce 2024! Thrilled to share the news that Dreamforce, the worlds largest enterprise tech conference, will be returning to…
Not many people realize it, but there’s a way you can actually get paid to own stocks. I’m not talking pennies, either. The fund I’m about to show you is capable of generating $64,000 in dividends per year on a $500,000 investment, thanks to its 12.8% yield, as of this…
Following the smashing success of the animated “The Super Mario Bros. Movie” earlier this year, Nintendo Co. Ltd. plans to bring another of its iconic videogame characters to movie screens. The Japanese videogame maker announced Tuesday it plans to make a live-action version of “The Legend of Zelda” in conjunction…
2024 is setting up to be a great year for us contrarian dividend investors—but to take full advantage, we need to buy now—while fear is still in the air. Because that terror is totally unjustified. Here’s how I see the current state of play: Fed rate hikes are toast, and…
Most large cryptocurrencies were down during morning trading on Tuesday, with Ripple XRPUSD, +0.03% seeing the biggest move, declining 5.72% to 68 cents. Seven additional currencies posted decreases Tuesday. Cardano ADAUSD, +0.37% shed 5.52% to 35 cents, and Uniswap UNIUSD, +3.05% dropped 3.27% to $4.91. Dogecoin DOGEUSD, +0.19% dropped 3.27%…
Taylor Swift was recently named a newly-minted billionaire by Forbes, with an estimated worth of $1.1 billion. The 33-year-old’s “Eras” tour has become a financial phenomenon, earning $780 million from ticket sales alone, minting Swift as the first musician to reach billionaire status exclusively through the prowess of her music…
Icahn Enterprises LP’s stock rose 14% Friday to put it on track for its biggest one-day gain since May 5, after the company’s third-quarter loss narrowed from a year ago while revenue was ahead of expectations. The company said it’s sticking with its quarterly distribution, or dividend, of $1 a…