Dado Ruvic | Reuters Famed investor Michael Burry revealed on Twitter that he received a subpoena from the Securities and Exchange Commission in connection with its investigation into GameStop, a wildly speculative stock that the “Big Short” trader once bet on. “So, who got an SEC subpoena over $GME? Actually, I know who, they’re on my
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People walk at a pedestrian crossing along the Orchard Road shopping district in Singapore on September 7, 2021. Roslan Rahman | AFP | Getty Images SINGAPORE — Authorities in Singapore have tightened Covid measures as infections in the country rise to fresh record highs — but two health experts told CNBC they are not terribly
In this article JSWSTEEL-IN JINDALSTEL-IN SAIL-IN TATASTEEL-IN Indian metal companies are unlikely to be seriously affected by the crisis unfolding at Chinese property developer Evergrande, according to financial services firm Motilal Oswal. China plays an important role in determining global commodity prices, including that of metals. The country’s real estate sector is a major consumer
In this article 6666-HK Wilmington Trust’s Meghan Shue is out with a contrarian playbook designed to help investors grab profits during volatility. Even as correction forecasts increase and risk appetites slump on Wall Street, she lists overweighting stocks as her first recommendation for those with 9 to 12 month time horizons. “Over that time frame,
NEW YORK, NY – OCTOBER 31: A child dressed as Wonder Woman for Halloween at Fort Green Park on October 31, 2020 in New York City. The CDC shared on their website alternative ways to still celebrate the holiday while being safe. (Photo by David Dee Delgado/Getty Images) David Dee Delgado | Getty Images News
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures climbed in overnight trading on Sunday as investors braced for the last week of a volatile September. Futures on the Dow Jones Industrial Average
In this article ELY Buckets of golf balls at the driving range at the 2021 TOUR Championship on September 03, 2021 at the East Lake Golf Club in Atlanta, Georgia. Icon Sportswire | Getty Images Golf surged in popularity in 2020 by nearly every metric, as people sought out the socially distanced outdoor activity amid
Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Though the market has been volatile, analysts are spotting opportunities for upside among select companies. Tipranks is able to cut through the market noise by aggregating data to show
d3sign | Moment | Getty Images When it comes to reserving hotel stays, Aesop and his fabled ants might have gotten it backwards — it can actually pay to wait till the last minute to book. While conventional wisdom holds that travelers get better rates for accommodations, air and other vacation components by reserving early,
Key Findings Policymakers should carefully analyze tax expenditures before categorizing one as a loophole—some tax expenditures are important structural elements of the tax code while others are unsound. Generally, if a provision is broadly available and helps to eliminate the double taxation of saving, or broadly contributes to a consumption tax base, it is sound
Ana Navarro and Sunny Hostin on the set of ABC’s The View. Jeff Neira | Disney General Entertainment Content | Getty Images Two hosts of ABC’s “The View” tested positive for Covid-19 on Friday moments before a sit-down interview with Vice President Kamala Harris. Host Sunny Hostin and guest host Ana Navarro are fully vaccinated
lisegagne | E+ | Getty Images The new enhanced child tax credit may help parents continue working, a recent study shows. Nearly 94% of parents said they planned to continue working or even work more once receiving the credit, which began in monthly installments in July, according to a report from a team of researchers
In this article NKE FDX COST GIS A worker wearing a protective mask removes rotisserie chicken from skewers inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Shipping bottlenecks that have led to rising freight costs are cooking up a holiday headache for
In this article PFE Vaccine mandates trickled into the U.S. travel sphere last winter, picked up steam in the spring and hit fever pitch over the summer. Vaccine shots are now necessary to eat in cafes in France, to see a Broadway show in New York City and soon, to fly commercially in Canada. Though
Sinenkiy | iStock | Getty Images Federal benefits for aged, blind and disabled Americans have not been updated in years. Now, some lawmakers and advocates are pushing for changes to the program — called Supplemental Security Income, or SSI — to be part of legislation being promoted in Congress. However, it is still unclear whether
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures were flat in overnight trading on Thursday after two straight days of gains pushed major averages into positive territory for the week. Futures on the Dow
In this article APT-AU AFRM Supply chains are snarled and manufacturing is constrained. For weeks, headlines have been telegraphing a clear message to shoppers: This holiday season shop early. In years past, early bird shoppers may have turned to layaway plans to reserve holiday gifts and pay for the purchases over time. But many retailers
Mentors can help you succeed. They can also show you how to fail. That’s the mark of a great advisor, says “Shark Tank” star and FUBU founder Daymond John. The topic is divisive: While his on-screen colleague Mark Cuban says he’s never personally been a “big mentor guy,” John tells CNBC Make It that over
izusek | E+ | Getty Images To pay for a historic and sweeping expansion of the social safety net, President Joe Biden and Democrats are planning to slap wealthy Americans with higher taxes. In response, financial advisors and their well-off clients are also scheming. Specifically, they’re looking at moves they can take now to avoid