A market bull gives 3 winning stock picks through next year
If the United States works out its trade issues, then B. Riley FBR’s Arthur Hogan sees stocks blasting through his 2018 year-end target, on their way to another profitable year ahead. It’s a scenario reflected in the long-time bull’s current...
CFD providers prepare for potential client shift to unregulated entities
Providers of FX contracts for differences will be monitoring their trading volumes closely over the coming weeks to see whether warnings of clients moving to unregulated providers come to pass. The European Securities and Markets Authority (ESMA) measures restricting the...
Tesla’s accountant quit after concluding Musk was ignoring go-private advice
Tesla’s now former chief accounting officer, Dave Morton, quit the company after concluding CEO Elon Musk wasn’t interested in accounting details around a potential take-private transaction, according to people familiar with the matter. Morton resigned Sept. 4, according to a...
With tax reform 2.0, time to end the loophole for large US credit unions
Our national debt keeps growing each day, currently near the $21 trillion mark with no end in sight. The more we wait, the more difficult reducing the debt will be. From George Washington to Bill Clinton, the national debt rose...
Short seller Robert Chapman predicts massive decline ‘into the single digits’ for Tesla shares
Tesla shares are extremely overvalued and will drop precipitously, Robert Chapman said Friday. Chapman downplayed concerns over CEO Elon Musk’s erratic behavior, instead focusing on the carmaker’s financials for his bearish view. “I actually don’t think you should short it...
Short sellers pocket $510 million off Elon Musk’s pot-smoking interview
Short sellers betting against Tesla made more than half a billion off the stock’s slide on Friday. After a bizarre video showing CEO Elon Musk smoking pot on a podcast surfaced and a pair of C-level executives resigned, those betting...
Trump says he’s ready to hit China with another $267 billion in tariffs
President Donald Trump told reporters on Air Force One Friday that he was “ready to go” on tariffs for another $267 billion in Chinese goods “if he wants,” which would come on top of the $200 billion in goods already...
College 529 savings plans could be used for student debt in new GOP tax bill
The first round of tax cuts that went into effect this year allowed people to dig into their 529 plans before college to pay for kindergarten through 12th grade private school tuition. While much of the economy has healed since...
Trump has set economic growth on fire. Here is how he did it
President Donald Trump is more than 19 months into an administration engulfed in so much controversy that it may overshadow a tremendous achievement, namely an economic boom uniquely his. During his time in office, the economy has achieved feats most...
15 US cities where you can afford to buy a home if you earn less than $40,000 a year
If you want to become a homeowner, you don’t need to earn six figures. But you may need to live in the right place. Using the National Association of Realtors’ Metropolitan Median Area Prices and Affordability and Housing Affordability index...
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