Category: Uncategorized

Wall Street’s top analysts are recommending stocks like Uber and Lovesac amid market volatility

How can you pinpoint compelling investing opportunities in the current environment? Stocks tumbled for the week in a tech-led selloff after reaching record highs. However, even after the pullback, the S&P 500 has still surged almost 15% on a one-year basis. That means there’s still room to fall. Indeed as IHT Wealth Management’s Yussef Gheriani…
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Trump’s unemployment program pays up to $1,800 in extra benefits to workers who qualify

Most unemployed workers will get up to $1,800 in extra jobless benefits through the Lost Wages Assistance program created last month by the Trump administration. The program pays a $300-a-week federal subsidy on top of the unemployment benefits workers currently receive. It follows the lapse of a $600 weekly supplement in late July. States, which…
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JPMorgan creates new team to trade shares of pre-IPO giants

JPMorgan Chase thinks it’s found the next hot market for investors:  Taking stakes in giant, pre-IPO start-ups from SpaceX to Airbnb. The investment bank is launching a new team to connect sellers and buyers in the burgeoning market for private company shares, according to Chris Berthe, JPMorgan’s global co-head of cash equities trading. He’s lured…
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China’s mega banks lost billions of dollars in profit as bad loans rise during coronavirus pandemic

China’s five largest banks reported their biggest profit declines in at least a decade as they brace for further increases in bad loans in an economy weakened by the coronavirus pandemic. The five lenders — Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China and Bank of Communications —…
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Planning Your Retirement

Retirement planning is a multistep process that evolves over time. To have a comfortable, secure—and fun—retirement, you need to build the financial cushion that will fund it all. The fun part is why it makes sense to pay attention to the serious and perhaps boring part: planning how you’ll get there. Planning for retirement starts…
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Southeast Asia’s Gojek wants to be the bridge between Indonesia’s small businesses and big tech

Indonesia’s ride-hailing start-up Gojek is helping small businesses in the country survive the ongoing economic crisis by moving online, and it wants to bridge the gap between them and global tech companies, a senior executive told CNBC.  Gojek started in 2010 as a ride-hailing company in Indonesia and has since branched out into other business…
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21 Success Tips for Young and Aspiring Entrepreneurs

Being successful often means learning from those who have already achieved their goals. Having a mentor is an amazing blessing to an entrepreneur, but not everyone can find one in person. If you haven’t yet found your personal business guru, here are 21 tips for young or aspiring entrepreneur to help get you started. 1.…
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Amazon begins rolling out bigger UPS and FedEx-style delivery trucks

Amazon.com (AMZN.O) is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N), as it fights to fix widespread pandemic-fueled delivery delays that sent customers into the arms of competitors like Walmart Inc (WMT.N). The world’s largest online retailer ordered more…
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Elon Musk’s net worth zooms past Warren Buffett’s, Bloomberg reports

Elon Musk’s net worth soared past Warren Buffett on Friday as the chief executive officer of Tesla Inc (TSLA.O) became the seventh richest person in the world, according to the Bloomberg Billionaires Index. Musk’s fortune rose by $6.07 billion on Friday, Bloomberg News said, following a 10.8% jump in the electric carmaker’s stock. Buffett’s net…
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Coronavirus bringing record $1 trillion of new global corporate debt in 2020

Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated. The unprecedented increase will see total global corporate debt jump by 12% to around $9.3 trillion, adding to…
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