zacks.com zacks.com/ultimate
Inflation is one of the biggest concerns for investors now.
A Chinese man wears a protective mask as he walk in front the logos of the 2022 Beijing Winter Olympics at National Aquatics Centre on April 9, 2021 in Beijing, China. Lintao Zhang | Getty Images House Speaker Nancy Pelosi, D-Calif., on Tuesday called for a “diplomatic boycott” of the 2022 Winter Olympics in Beijing
In this article HD Customers wearing protective masks wait to check out at a Home Depot store in Pleasanton, California, U.S., on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot on Tuesday crushed Wall Street’s earnings estimates as consumers’ splurging on their homes lingers more than a year into
In this article BTC.CB= Dado Ruvic | Reuters Crypto bulls have long championed bitcoin as a modern-day replacement for gold, and by one measure, the new market is already close to surpassing bullion in that respect. The total value of the cryptocurrency market now stands above $2 trillion, putting it on nearly equal footing with
MARK RALSTON | AFP | Getty Images There’s a pretty good chance — okay, an overwhelming chance — that you won’t win the $475 million Mega Millions jackpot. Then again, someone at some point has to win. And, there’s generally no harm in daydreaming. “Buying a Mega Millions ticket gives our players ‘permission to dream’
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America said it is raising the minimum hourly wage it pays employees to $25 by the year 2025. The firm, which made the announcement Tuesday in a release, had just completed a plan last year to get to a $20 minimum wage. The
Fertnig | E+ | Getty Images Heidi Hansen was making $72,000 a year as a purchasing and warehouse manager in Emmetsburg, Iowa, until she was laid off last month. Her weekly state unemployment benefit of under $500 in Iowa wouldn’t be enough to cover her monthly bills, including her $830 mortgage, car insurance and utilities.
The Biden administration will not enforce two Trump-era rules involving retirement plans, including one that effectively discouraged administrators for those plans from choosing investments based on environmental, social and governance considerations, the Labor Department said on Wednesday. The second rule required retirement plan administrators — who serve as fiduciaries and must act solely in the
The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season. They include moving the question about virtual currency from the attached Schedule 1 to near the top of the main form, right under the name and address,
Despite a historic shortage of homes for sale, homebuilders are actually slowing production, handcuffed by skyrocketing commodity prices and shortages of land and skilled labor. Single-family housing starts dropped more than 13% in April compared with March, the U.S. Census reported Tuesday. That’s the sharpest decrease since last April, when the pandemic shut down the
zacks.com zacks.com/ultimate
A Market Outperformer and a Stock With Positive Estimate Revisions.
The Lamborghini 2020 EVO RWD. Robert Frank | CNBC Italian supercar maker Lamborghini announced Tuesday that it will launch a fully-electric car in the second half of the decade. Presenting a transformation program, Lamborghini, owned by German firm Volkswagen, laid out “a roadmap to the decarbonization of future Lamborghini models and of the Sant’Agata Bolognese site,”
In this article WMT People talk outside a Wal-Mart Pickup-Grocery store in Bentonville, Arkansas. Rick Wilking | Reuters Walmart is set to report its fiscal first-quarter earnings before the bell on Tuesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Earnings per share: $1.21 Revenue: $131.97 billion The discounter’s results will show
Take a look at some of the biggest movers in the premarket: Macy’s (M) – The retailer earned 39 cents a share for the first quarter, including 1 cent a share from real estate-related gains, compared to expectations of a 41 cents per share loss. The retailer’s revenue topped estimates as well amid a better
Commemorative dogecoins on display in Yichang, China on May 14, 2021. Barcroft Media | Barcroft Media | Getty Images When my clients ask about dogecoin, many say they are intrigued about the potential investment because of the news and excitement around it. As the conversation gets more serious about investing in cryptocurrency, I ask why
Millions have left the labor force in the last year, many home with children or health concerns. The statistics may not reflect their aspirations. Robert Hesse was expecting an imminent promotion to manager of Sub Zero Ice Cream, a nitrogen ice cream shop in Ventura, Calif., when it shut down in March because of the
The Joint Committee on Taxation (JCT) recently released data on taxes paid at various levels of income, indicating the federal tax system is progressive, consistent with similar analysis by the Congressional Budget Office (CBO), and the Organisation for Economic Co-operation and Development (OECD). The JCT found that the bottom 50 percent of taxpayers faced an
Whether it’s a kitchen remodel or dedicated work space, after a year of staying in, most homeowners have at least entertained the idea of a home renovation project. Yet anyone who has tried to tap their house for cash might be in for a surprise. Skyrocketing home prices have resulted in a record amount of