Stocks have been on such a spectacular run lately. It’s easy to forget that it wasn’t always this way.
The outperformance of Wells Fargo & Co.’s stock over other big bank stocks continued Tuesday, as its touched an all-time high for the second straight day and a BofA analyst hiked his price target for the San Francisco-based financial giant.
MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s co-founder and chair, will no longer hold the majority of voting power.
The yield on the benchmark 10-year Treasury note was within spitting distance of breaking through another key resistance level on Tuesday, which could put a 5% mark within reach and would likely spell trouble for stock investors.
One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.
A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.
Rising vehicle expenses have turned cars into a financial trap for many Americans.
“Gift cards are a good idea for everybody but the person who receives them.”
