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Business
The Stock Market Is Uniquely Structured to Encourage Self-Deception
Stock investing is a cereal business. No! No! It is a serious business. Why did I say it that other way? Because we do not take it entirely as a serious business. We engage in a lot of self-deception when buying stocks. I think that we need…
Amazon Calls Off Bid To Buy Robot Vacuum Cleaner IRobot Amid Scrutiny In The US And Europe
LONDON (AP) — Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming “undue and disproportionate regulatory hurdles” after the European Union signaled its objection to the deal.The companies said in joint statement…
The S&P 500 Is Testing Its Highs — and So Is Complacency
After a two-year slog, the S&P 500 (SPX) is testing its all-time highs. As a result, many investors may be wondering if this something to celebrate or a cause for concern. Your answer to this question will reveal your approach to…
Flight Lands On Virginia Highway Shortly After Takeoff
At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked…
Higher Social Security Benefits May Mean A Tax Bill For Seniors This Year
Social Security recipients could be in for an unpleasant surprise this tax season.gettySeniors saw a boost in Social Security benefits in 2023 to offset the rising cost of living. But there could be a downside—the increase may result in a…
BlackRock’s Earnings Soar, Signaling Robust Growth and Innovation
BlackRock (NYSE:BLK), leading the charge as the premier asset management firm, has truly outdone itself this quarter, surpassing analyst forecasts. Their reported EPS of $9.22 is a clear marker of their financial vitality and well-executed…
Judge Tosses Trader Joe’s Trademark Complaint Against Union In Brutal Fashion
A federal judge threw out Trader Joe’s trademark infringement claim against its workers’ union on Friday, delivering the equivalent of a legal smackdown in an order dismissing the complaint.Hernán D. Vera, a judge for the U.S. District…
Inflation Rises to 3.4%, Stocks Move Lower
Inflation rates came in higher than anticipated in December, as the Consumer Price Index (CPI) rose 0.3% in December, according to the U.S. Bureau of labor Statistics (BLS). Over the past 12 months, in1flation rose 3.4%, which is up from…
NVIDIA Stock Continues Its Moon Shot: Should Investors Take Profits?
If the first few days of January gave you the impression that the “Magnificent Seven” wouldn’t be magnificent in 2024, think again. NVIDIA (NASDAQ:NVDA) stock, the most magnificent of them all, jumped 6.43% on Monday, prompting a rally in…
Pioneering Nuclear Startup Lays Off Nearly Half Its Workforce
Almost exactly one year ago, NuScale Power made history as the first of a new generation of nuclear energy startups to win regulatory approval of its reactor design ― just in time for the Biden administration to begin pumping billions of…