Nikola Motor Company Source: Nikola Motor Company In recent months, three story lines have captivated Wall Street: SPACs, electric vehicle companies and the rise of retail traders. The outsized success of the first two, and novice investors entering the market in record numbers, have led some investors to claim this is an indication of froth.
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Staying vigilant against Internet scams and other fraud has become a natural part of life for many consumers, yet scams are successfully perpetrated every day. One reason is that individuals who intend to commit fraud have become more creative than ever, and they choose their targets with care. One group of people that scammers like
Craig Hubbs loads wood into his truck at a The Home Depot store in Kill Devil Hills in the Outer Banks of North Carolina on September 11, 2018. Alex Edelman | AFP | Getty Images Dividend stocks are a critical part of an investor’s portfolio. They are also perfect for market volatility — because investors
Companies produce three major financial statements that reflect their business activities and profitability for each accounting period. These statements are the balance sheet, income statement and statement of cash flows. The cash flow statement shows how well a company manages cash to fund operations and any expansion efforts. In this article, we’ll examine the balance sheet and
Chopsticks are used to carry the buds as card-carrying medical marijuana patients watch a weighing at Los Angeles’ first-ever cannabis farmer’s market at the West Coast Collective medical marijuana dispensary, on the fourth of July, or Independence Day, in Los Angeles, California on July 4, 2014 where organizer’s of the 3-day event plan to showcase
CNBC’s Jim Cramer said Thursday that investors will want to have money in the stock market if Congress approves another coronavirus relief bill. “If we get a stimulus package and you’re out of the market, you will feel awful,” Cramer said on “Squawk on the Street.” “I do feel the stimulus package is very hard to get.
Why Work at Google? Google (GOOG) has consistently claimed top spots on Glassdoor’s annual list of the 50 best places to work, as well as Fortune magazine’s annual list of the 100 best companies for whom to work multiple times over the years. In 2020, Google was listed as number 11 on Glassdoor’s Best Places
Chime CEO Chris Britt Source: Chime The fintech world has a new heavyweight. Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $14.5 billion, CNBC has learned exclusively. That lofty figure makes Chime the most valuable American fintech start-up serving retail consumers. Robinhood, the popular
Snowflake IPO begins trading at the NYSE on Sept. 16th, 2020. Source: NYSE One of the biggest problems with the traditional IPO process (and there are several) is that it’s impossible to say whether a deal is a success or a failure. Snowflake, the cloud-based data management company that’s 2020’s biggest IPO, jumped 112 percent
Healthcare jobs topped the list of the highest-paying occupations, and the sector’s future is very bright. According to the BLS, employment of healthcare occupations is projected to grow 15% from 2019 to 2029—adding about 2.4 million new jobs. This growth “is mainly due to an aging population, leading to greater demand for healthcare services,” according
Herman Miller Aeron chair Source: Herman Miller Shares of office furniture retailer Herman Miller are surging after a blowout earnings report that showed the company is benefiting from the work-from-home trend. Herman Miller jumped more than 35% in midday trading on Thursday, while the broader market was under pressure. As the coronavirus pandemic forces millions
CEO Michael Corbat answers questions at Citi’s 2017 Investor Day. Source: Citigroup.com Three years ago, Michael Corbat strode onto the stage of a midtown Manhattan ballroom in midtown Manhattan and proclaimed that a new day had arrived at Citigroup. The bank had set up the July 2017 event, its first investor meeting since the 2008
In the swanky Los Angeles neighborhood of Bel Air, a mansion is going up that could soon be the most expensive ever built in the United States. When finished, it will consist of a 74,000-square-foot main house plus three smaller ones, for a total of more than 100,000 square feet, according to a recent Associated
Warren Buffett Gerry Miller | CNBC Warren Buffett, the man who pioneered buy and hold investing, just made quite a fast billion bucks from a type of investment he once mocked. Berkshire Hathaway bought $250 million worth of Snowflake stock at the IPO price and an additional 4.04 million shares from another stockholder at the
The coal industry remains a major supplier to key industries such as steel and utilities through large numbers of coal-fired electricity plants. It remains a dominant energy supplier despite growing global awareness of climate change and moves to reduce the use of coal, one of the world’s most plentiful fossil fuels. Companies like Arch Resources
Adam Dell attend Sony Pictures Classics And The Cinema Society Host The After Party For “The Burnt Orange Heresy” at New York Academy of Art on March 5, 2020 in New York City. Paul Bruinooge | Patrick McMullan | Getty Images Goldman Sachs is one step closer to creating what it calls the digital bank
31.6 The latest reading of the New York City Recovery Index out of a possible score of 100. A drop in layoffs and a mini-spike in restaurant reservations have helped the New York City economy gain a little traction toward recovery in the past week. The New York City Recovery Index, a joint project between
The entrance from the elevators, designed to resemble a tunnel entering a stadium, is pictured at the new DraftKings office in Boston on March 25, 2019. David L. Ryan | The Boston Globe via Getty Images Shares of DraftKings rose sharply on Monday after the sports gaming company announced an agreement with sports entertainment giant
Netspend cards are prepaid debit cards that allow cardholders to make purchases as they would using traditional debit cards. Netspend cards can be used internationally. They are accepted at any location that accepts a debit Visa or Mastercard, depending on the cards brand. Netspend is a TSYS® Company and a registered agent of Axos Bank, The Bancorp
Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH How can you pinpoint compelling investing opportunities in the current environment? Stocks tumbled for the week in a tech-led selloff after reaching record highs. However, even after the pullback, the S&P 500 has still surged almost 15% on
Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Source: CNBC Citigroup CEO Michael Corbat said that he is retiring in February after eight years leading the bank, and that the firm’s retail banking chief Jane Fraser will succeed him, making her the first female CEO of a
“Why do I need a lawyer?” many a do-it-yourself-oriented homebuyer often asks. “Can’t real estate agents see me through?” Well, they can in most states. That doesn’t necessarily mean that they should. Although using an attorney can cost thousands of dollars, it is often money well spent. Read on to find out how a real
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