Investing News

In this article C Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Chip Somodevilla | Getty Images Frustration has
0 Comments
Nations around the world employ several different types of economic systems; two such types are socialism and capitalism. Capitalism is often referred to as a free market economy in its purest form. Socialism, on the other hand, is defined as a system in which the means of production are owned publicly, rather than privately like
0 Comments
Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge funds crushed the market in January as a spike in volatility and a steep sell-off in growth stocks created an ideal environment for fast-money traders. Citadel’s multistrategy flagship fund Wellington gained 4.71% last month, according to a person familiar with
0 Comments
In this article MSTR BTC.CM= Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the Street,” stressing as
0 Comments
Estée Lauder (1908-2004) was a U.S. entrepreneur and cocreator of a cosmetics corporate empire, Estée Lauder Companies (EL). Now in its ninth decade, the company that bears her name is a major manufacturer and marketer of quality skincare, makeup, fragrance, and hair care products. Its more than 25 brands are sold in approximately 150 countries,
0 Comments
JohnnyGreig | E+ | Getty Images Embracing diversity is good for business. More diverse companies, both at board level and throughout the workforce, can outperform on financial metrics such as return on equity and higher earnings per share. They can also generate higher returns compared to their indices, according to GS Sustain 2020. Moreover, embracing
0 Comments
Note FedLoan Servicing has announced that it will stop servicing student loans when its current contract ends. Loans are currently being transferred from FedLoan Servicing to other servicers. See this webpage for more information. FedLoan Servicing is a student loan servicer for federal and private student loans operated by the Pennsylvania Higher Education Assistance Agency
0 Comments
(Click here to subscribe to the new Delivering Alpha newsletter.) On this day last year, investors watched in amazement as GameStop shares surged to a record high of $347.51. The stock had skyrocketed amid a trading frenzy brought on by retail investors swapping stock tips — and related memes — on social media.  Professional investors also got
0 Comments
Unlike regular employee deferrals, catch-up contributions are not included in the 415 limit. While there is an annual limit imposed on catch-up contributions, it is designated by a different section of the Internal Revenue Service (IRS) code governing contributions to qualified retirement savings plans. Key Takeaways Many employers offer 401(k) retirement plans to their employees in
0 Comments
CNBC’s Jim Cramer on Thursday cautioned investors against rushing to empty or beef up their portfolios based on movements outside of normal U.S. trading hours. “Don’t pay attention to what the futures [are] doing. Pay attention to what you like,” Cramer said on “Squawk Box,” before stocks opened higher Thursday. “We have a lot of
0 Comments