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“ “Whoever coined the expression ‘Magnificent Seven’ for these companies presumably didn’t see the movie.”” — Robert Arnott We have no idea which companies will dominate…
Amazon stock has risen since the FTC filed its lawsuit against the company in late September. Dreamstime Amazon.com has been accused by the Federal Trade Commission…
Sam Bankman-Fried was found guilty Thursday following a monthlong trial that was almost as wild as the rapid rise and fall of cryptocurrency exchange FTX itself.…
The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal or negative growth as the economy added a relatively…
The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.’, according to data released Friday by the Department…
Corporations report their total cash payments of income tax — federal, state, and foreign combined — but they don’t identify, nor does the IRS reveal, how…
If you’re a bank that issues credit cards, you have to be jumping for joy. It’s been a record year for profits as interest rates continue…
Key Takeaways Equities Up 5% This Week Bond Yields Tumble Employment Numbers Weaker Than Expected It’s been a stellar week for equities. The S&P 500 ended…
As a rebuilding of America’s core infrastructure and energy transition is underway, I continue to favor overlooked ‘picks and shovels’ companies with solid fundamentals trading at…
By Karen Brettell (Reuters) – The U.S. Treasury Department on Wednesday said it will slow the pace of increases in its longer-dated debt auctions in the…