By Luc Olinga The continuous raising of interest rates by the Federal Reserve to tame inflation has become a divisive topic. The Federal Reserve’s fight against inflation, which is at its highest in 40 years, is a source of much controversy. There are …
Tips for Retirees to Deal with Falling Stocks and Bonds
By Dan Weil The markets’ slide particularly hurts retirees, who may have to sell some of their stocks and bonds to finance spending. The year 2022 hasn’t been kind to stocks and bonds. The S&P 500 has dropped 23%, and the Bloomberg U.S. Aggregate bond …
A Tax Filing Factsheet for eBay Sellers
By TurboTax If you run your eBay account more like a business, you should be reporting your sales to the IRS. Not All eBay Sales are subject to income taxNot every eBay sale is subject to income tax, but most are. If you use the site to get rid of hous…
Mark Zuckerberg’s Annus Horribilis
By Luc Olinga The CEO of social media giant Meta Platforms will likely want to forget the year 2022. The year 2022 was to be that of Mark Zuckerberg. The 38-year-old billionaire seemed to have put the Cambridge Analytica scandal behind him, which had t…
Carnival Close to Adding Two New, High-End Ships
By Michael Tedder The company has given status updates, and maybe it’s time to visit Australia? As the cruise industry has continued to recover from the pandemic, all three of the major lines, Norwegian Cruise Line Holdings (NCLH) – Get Norwegian Cruis…
Why I’m Not Worried About the Stock Market
By Daniel Kline Yes, there’s a lot of economic concerns, but this is a buying opportunity (and things aren’t nearly as bad as they seem). A lot of scary words have been floating around with “recession” and “inflation” at the top of the list. People are…
What Is the Consumer Confidence Index? Why Is It Important?
By TheStreet.com Staff What Is the Consumer Confidence Index? Why Is It Important?Want to know what drives the markets? Ask consumers how they’re feeling. Consumer sentiment surveys, like the Consumer Confidence Index (CCI), gauge optimism and pessimis…
Elon Musk Keeps Big Promise to Iranians Fighting for Freedom
By Luc Olinga The richest man in the world has just made a move that could change the game in Tehran. Elon Musk continues to move the lines defining the role of a CEO. The richest man in the world (fortune estimated at $254 billion on Sept. 22 by the B…
Goldman Sachs Cuts S&P 500 Price Target By 16%
By Market Rebellion While some of Wall Street’s top firms are still clinging onto their bullish price targets, Goldman Sachs is reassessing. A few facts about where we stand for the remainder of the year. There are: 68 trading days left in 20225 tradin…
Ford Starts Its Biggest Bet Against Tesla, GM
By Luc Olinga The Dearborn automaker has promised to produce 2 million electric vehicles by 2026. Ford’s road (F) – Get Ford Motor Company Report to future popular and stock market success rests on a big gamble in the form of a gigantic factory near Me…