John Lund | Getty Images You’ve probably heard that you shouldn’t let your emotions drive your financial decisions. Yet that may be harder than it sounds, especially when the market sells off. In fact, there may be a number of psychological biases holding you back from building wealth. That’s because the part of our brain
Jeremy Allaire, Co-Founder and CEO, Circle David A. Grogan | CNBC Payments and digital currency firm Circle plans to go public later this year through a merger with special purpose acquisition company Concord Acquisition Corp. The deal, which Circle announced on Thursday, is expected to close in the fourth quarter and would value the company
A job seeker fills out an application form during a restaurant and hospitality career fair in Torrance, California, on June 23, 2021. Eric Thayer/Bloomberg via Getty Images The number of Americans out of work for at least a year jumped by 248,000 in June, underscoring persistent challenges for some households even as the broader labor
Ben Rains dives into the market’s strong run to end the second quarter. The episode then explores why investors might want to consider adding two Zacks Rank #1 (Strong Buy) stocks, Zoom Video (ZM) and ServiceNow (NOW), as long-term buys for the second half of 2021 and beyond. (0:45) – Stock Market Update: Everything You
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
Here are the most important news, trends and analysis that investors need to start their trading day: Dow to drop nearly 500 points as Covid concerns resurface 10-year Treasury yield falls on global economic growth worries Tokyo to go under state of emergency ahead of Olympics Global coronavirus deaths top 4 million as delta variant
Chengdu city street vendors, like this one pictured on June 18, 2020, were mentioned by Chinese Premier Li Keqiang during COVID-19 as an example of economic recovery. Yuyang Liu | Getty Images News | Getty Images BEIJING — China’s top executive body surprised investors late Wednesday by saying the central bank would stimulate the economy
Getty Images Strong jobs gains and falling unemployment point to progress in the U.S. economic recovery from the coronavirus pandemic. In June, the country added 850,000 jobs, more than expected, and is now 7.13 million below the February 2020 level. And by the end of June, weekly jobless claims slumped to 364,000, a coronavirus pandemic low, according
Businesses around the world often operate in more than one country, making them subject to multiple tax jurisdictions. To prevent businesses from minimizing their tax liability by taking advantage of cross-country differences, countries have implemented various anti-tax avoidance measures, such as the so-called Controlled Foreign Corporation (CFC) rules. Controlled Foreign Corporation rules apply to certain income
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
While Biogen rides a big-cap rollercoaster, a few small players are creating better trading opps.
In this article PFIZER-IN MRNA 22UA-DE PFE SVA 1099-HK Covid-19 vaccines by Chinese firms Sinopharm (left) and Sinovac arrived at the Phnom Penh International Airport in Cambodia on June 8, 2021. Sovannara | Xinhua News Agency | Getty Images Among countries with both high vaccination rates and high rates of Covid-19 infection, most rely on
One of Wall Street’s biggest bulls isn’t jumping on the growth stock bandwagon. Despite the tech-heavy Nasdaq‘s run to record highs, Credit Suisse’s Jonathan Golub prefers value trades right now. “The second quarter of this year will be the fastest GDP quarter that we had since 1952. So basically since the Marshall Plan and the
Former Theranos CEO Elizabeth Holmes attends pre-trial hearing in the U.S. government’s fraud case against her on May 5, 2021. CNBC The mystery of missing Theranos patient test results that allegedly showed a high failure rate was the focus of former CEO Elizabeth Holmes’ pre-trial hearing on Wednesday. Holmes, pregnant and expected to give birth
Hedge fund founder Anthony Scaramucci told CNBC on Wednesday that the Chinese government’s crackdown on Didi Global, just days after the ride-hailing giant went public in the U.S., is “a direct assault on global capitalism.” “The bad news for the Chinese and the United States now is, if you’re a capital allocator in the United
An IRS office building in the East Harlem neighborhood of New York. Timothy Fadek/Bloomberg via Getty Images Last December, two Atlanta tax professionals pled guilty to a scheme that defrauded the IRS of more than $250 million in taxes. The scam claimed more than $1.2 billion in fraudulent charitable deductions through so-called syndicated conservation easements,
Today’s map focuses on states’ effective tax rates on owner-occupied housing. This is the average amount of residential property taxes actually paid, expressed as a percentage of home value. Because property taxes are tied to housing values, it makes sense that the actual dollar amounts of property taxes tend to be higher in places with
In this article TMHC The housing shortage that began before the pandemic will stick around for a long time as market demand soars, the chief executive of homebuilder Taylor Morrison told CNBC on Wednesday. “As the economy continues to improve, we’re going to see mortgage rates move up, and I think that should be expected. They’re not
In this article DIS Scarlett Johansson and Florence Pugh star as Natasha and Yelena in Marvel’s “Black Widow.” Disney Natasha Romanoff is coming for the box office crown. After a 14-month delay, “Black Widow” hits theaters Friday and it’s poised to capture the highest box office haul of any film released during the pandemic. As
The Federal Open Market Committee released minutes from its June 15-16 meeting, during which it held short-term interest rates near zero but also indicated that it might be adjusting policy otherwise in the months ahead. The Federal Reserve’s policymaking group kept its benchmark rate anchored in a range between 0% and 0.25%. That was according