These folks got it made! Thanks to a little-known IRS loophole… They are collecting huge payouts from government-regulated “royalty programs”… every single year! “Started from a zero balance…...
Category - Recommended
What Happens if 150,000 Workers Strike This Friday?
At 11:59 p.m. Eastern time Thursday, up to 150,000 members of the United Auto Workers union could walk off the job if they don’t reach a deal on wages and working conditions with the big three automakers in Detroit. The union is...
Dramatic Market Moves Following Saudi Cuts
U.S. stocks slipped Tuesday on more worrying data out of China and a spike in oil prices following the extension of Saudi Arabian production cuts. The Dow Jones Industrial Average led markets lower, falling 0.6%. The S&P 500 lost...
Disturbing Truth Behind Consumer Spending
This earnings season shows a major challenge facing retailers: shoppers reluctant to make big purchases. To some extent, this pullback is to be expected as interest rates stay high, the housing market has stalled, and consumers...
Major U.S. Stocks Rally, But Some Big Names Fall
U.S. stocks rose Wednesday after reports showed a slackening jobs market and slower-than-expected GDP growth—good news in the eyes of Fed watchers. The Nasdaq gained 0.5% while the S&P 500 rose 0.4% and the Dow Jones Industrial...
Pivotal Moments To Watch This Week On Wall Street
It will be a busy week on Wall Street as investors gear up for several reports on the health of the job market, including the government's report for August, as well as more earnings, including a couple of big retailers. As for...
Hollywood Strike’s $4 Billion Impact on Stocks
Hollywood studios will once again meet with striking writers this week as negotiations drag on, surpassing the 100-day mark. But the economic impact of the “double whammy” work stoppage, experts said, is only just...
Insiders Predict Tough Retail Season Ahead
One year after the Inflation Reduction Act was passed, inflation remains sticky, leaving one industry expert predicting the economy is facing a “very difficult” season. “When that comes this fall, I believe it's...
The Real Culprit Pushing Stocks Lower
US stocks were part of a global sell-off Tuesday as a retail-heavy week began by showing continued consumer resilience in the US, but China painted a grim picture for the world's second-largest economy. The Dow Jones Industrial...
Buffett’s Indicator Rings Alarm Bells
Warren Buffett's favorite stock market indicator is hinting that equity valuations are stretched after a summer of bull market vibes on Wall Street. The “Buffett Indicator,” as it’s known by devoted followers of the...
