Month: April 2021

106876492 1619783762753 IMG 0274 Cropped scaled

Disney fans celebrate the reopening of Disneyland with custom Mickey ears and masks

In this article DIS ETSY Visitors walk between plexiglass as they enter Touch of Disney at Disney California Adventure in Anaheim, CA, on Thursday, March 18, 2021. MediaNews Group/Orange County Register | Getty Images There are few things so iconic that a simple silhouette can be instantly recognizable to anyone in the world. That’s the …

Disney fans celebrate the reopening of Disneyland with custom Mickey ears and masks Read More »

105917353 1576497433863gettyimages 1032683612

There’s no hotter area on Wall Street than ESG with sustainability-focused funds nearing $2 trillion

zhongguo Sustainability-focused funds attracted record inflows during the first quarter, pushing global assets under management in ESG funds to nearly $2 trillion, according to a report from Morningstar released Friday. The rise underscores the momentum behind ESG investing, or when environmental, social and governance factors are considered. Assets in these types of funds first topped …

There’s no hotter area on Wall Street than ESG with sustainability-focused funds nearing $2 trillion Read More »

106141529 1569006689973img 9370 scaled

Leon Cooperman sees stock market lower a year from now due to tax, rate, inflation pressures

Leon Cooperman at the 2019 Delivering Alpa conference in New York on Sept. 19. 2019. Adam Jeffery | CNBC Billionaire investor Leon Cooperman told CNBC on Friday he expects the stock market will be lower than current levels one year from now. Cooperman’s comments came one day after the S&P 500 notched yet another record close …

Leon Cooperman sees stock market lower a year from now due to tax, rate, inflation pressures Read More »

106876274 16197363972021 04 29t224321z 1098724092 rc2y5n9c1r3v rtrmadp 0 usa biden scaled

What Biden’s latest moves could signal for Social Security reform efforts

President Joe Biden attends the Democratic National Committee’s “Back on Track” drive-in car rally to celebrate his 100th day in office at the Infinite Energy Center in Duluth, Georgia, April 29, 2021. Evelyn Hockstein | Reuters People who earn more than $400,000 would be subject to the 3.8% Medicare tax, if President Joe Biden’s new …

What Biden’s latest moves could signal for Social Security reform efforts Read More »

106876208 1619729859243 gettyimages 1232585094 BIDEN CONGRESS

Biden says he’ll protect businesses from certain tax hikes. It’s not clear how

President Joe Biden speaks during a joint session of Congress at the U.S. Capitol on April 28, 2021. Bloomberg | Bloomberg | Getty Images Some business owners may have breathed a sigh of relief when the White House released details of President Joe Biden’s tax plan. That’s because he indicated family owned businesses and farms …

Biden says he’ll protect businesses from certain tax hikes. It’s not clear how Read More »

Rutgers, Duke and Vanderbilt all have ties to the $100 million NJ deli company

In this article DRE HWIN Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC The investment funds of two U.S. universities, Duke and Vanderbilt, own significant chunks of stock in the mysterious company valued at $100 million by the stock market despite owning only a tiny New Jersey deli. Duke and Vanderbilt’s shares in Hometown International …

Rutgers, Duke and Vanderbilt all have ties to the $100 million NJ deli company Read More »

106842174 1613659741666 gettyimages 1230922594 AVDfebbusiness scaled

Robinhood deepens ties with JPMorgan by using bank for money transfers ahead of expected IPO

Avishek Das | LightRocket | Getty Images Robinhood, the free-trading app that helped drive a surge in retail investing during the pandemic, has switched to using JPMorgan Chase to handle crucial money transfers into customers’ accounts. The start-up emailed customers this week to say that it is now using JPMorgan, the biggest U.S. bank by …

Robinhood deepens ties with JPMorgan by using bank for money transfers ahead of expected IPO Read More »

106876347 1619751612243 gettyimages 1264127403 1939068 scaled

Here’s a complete list of destinations opening to vaccinated travelers

The list of places that’s welcoming vaccinated people is growing by the week. Proof of vaccines is easing travel restrictions to some places, and is the only way travelers can gain entrance to others. Yet from health forms to testing protocols, travel remains complicated even for the immunized. Rules differ from one country to the …

Here’s a complete list of destinations opening to vaccinated travelers Read More »

105891940 1556912146945gettyimages 1140932026 scaled

Berkshire’s annual meeting is Saturday with Buffett and Munger together again, shares at a record

Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images Warren Buffett will kick off Berkshire Hathaway‘s annual shareholder meeting this Saturday riding high, with shares of the conglomerate at a record and its …

Berkshire’s annual meeting is Saturday with Buffett and Munger together again, shares at a record Read More »

106870254 1618841893217 gettyimages 1306454978 b50i7684 2021031094121072 scaled

The European Super League plan collapsed. But it might not be dead forever

Kevin De Bruyne of Manchester City celebrates after scoring their team’s fifth goal with team mates Phil Foden and Riyad Mahrez during the Premier League match between Manchester City and Southampton at Etihad Stadium on March 10, 2021 in Manchester, England. Clive Brunskill | Getty Images Sport | Getty Images LONDON — While the soccer …

The European Super League plan collapsed. But it might not be dead forever Read More »

101599072 169861946

Ford’s ‘confusing’ 2021 guidance is hurting its stock despite blowout first-quarter earnings

In this article F Getty Images DETROIT – Ford Motor easily beat Wall Street’s expectations for the first quarter despite an ongoing global semiconductor chip shortage causing low inventories and factory closures. So why are shares of the automaker down by as much as 10.4% during intraday trading Thursday? The negative reaction by investors is …

Ford’s ‘confusing’ 2021 guidance is hurting its stock despite blowout first-quarter earnings Read More »

105572956 1542180640565gettyimages 1060577648 scaled

Ripple CEO says the U.S. lacks regulatory clarity on cryptocurrency

In this article XRP.BS= Ripple CEO Brad Garlinghouse said the lack of clarity in U.S. regulation of cryptocurrencies is “frustrating.” Known for the cryptocurrency XRP, the fintech company has been caught in a high-stakes legal tussle with the U.S. Securities and Exchange Commission since last year. In December, the SEC filed charges against the firm, …

Ripple CEO says the U.S. lacks regulatory clarity on cryptocurrency Read More »

106586675 1592812322748gettyimages 1221665337 scaled

Unvaccinated people could start to grow resentful as the vacation season nears, British study shows

People enjoy the beach in Leme, south of Rio de Janeiro, Brazil, on June 21, 2020 during the Covid-19 coronavirus pandemic. CARL DE SOUZA LONDON — As coronavirus vaccination programs progress, attention is turning to summer vacations and what kind of freedoms we might experience this year — and whether this depends on our vaccination …

Unvaccinated people could start to grow resentful as the vacation season nears, British study shows Read More »

105981365 1561120926627rts2iu76 scaled

Amazon’s sales surge 44% as it smashes earnings expectations

In this article AMZN Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon is set to report first quarter earnings after the bell Thursday. Here’s what analysts are expecting:  Earnings: $9.54 per share, according to Refinitiv Revenue: $104.47 billion, according to Refinitiv Few companies have benefited from the pandemic-fueled surge of online shopping as …

Amazon’s sales surge 44% as it smashes earnings expectations Read More »