Stock benchmarks headed slightly lower, but the Nasdaq Composite was buoyant Friday afternoon as rising COVID-19 cases raised doubts about the prospects for the economic recovery, offset partly by progress toward vaccines.
Continue readingPaccar Inc. Shares of Paccar Inc. fell Friday, after BofA Securities analyst Ross Gilardi did an about-face on the truck maker, recommending investors sell on the belief truck stocks could lag in a post-COVID-19 vaccine world. Gilardi said that while Paccar is an “excellent” company with a strong balance sheet, the stock is “a bit […]
Continue readingThe Internal Revenue Service still has about one million 2020 tax returns to process after the coronavirus pandemic and distribution of millions of stimulus checks upended operations, the agency’s commissioner told federal lawmakers on Friday.
Continue readingThe millennial-driven housing boom is just getting under way, and analyst Rohit Seth at Truist said Friday it’s time to buy the stocks of certain home builders ahead of an expected expansion of that boom next year.
Continue readingOil’s playing a tug of war game between rising COVID-19 cases and promising vaccine developments. MarketWatch photo illustration/iStockphoto The Organization of the Petroleum Exporting Countries and its allies are expected to extend oil production cuts into the new year in an effort to avoid a global glut of inventories. But with Covid-19 cases accelerating in […]
Continue readingFollow these tax-smart principles as you plan your year-end expenses. Getty Images/iStockphoto With year-end rapidly approaching and the general election finally over, it’s time to consider moves that will lower your 2020 tax bill and hopefully position you for tax savings in future years too.
Continue readingStock benchmarks were mostly lower Friday as rising COVID-19 cases raised doubts about the prospects for the economic recovery, offset partly by progress toward vaccines. The Treasury Department’s decision to allow emergency Federal Reserve programs to expire was seen as a modest negative for markets, analysts said.
Continue readingCOVID-19 Coronavirus molecule, March 24, 2020. CDC | API | Gamma-Rapho via Getty Images A team of CRISPR scientists at the New York Genome Center, New York University and Icahn School of Medicine at Mount Sinai say they have identified the genes that can protect human cells against Covid-19, a disease that has infected over… Read […]
Continue readingSoon-to-be S&P 500 stock Tesla has rallied nearly 500% this year. Its run is not yet over, according to Todd Gordon, founder of TradingAnalysis.com. While the stock may now look expensive, he says the market is pricing in explosive growth for the company and the opportunity for more gains. “If you look at the forward… Read […]
Continue readingLOS ANGELES, CA / ACCESSWIRE / November 20, 2020 / Farhan Munshi may only be 23 years old, but he’s incredibly skilled when it comes to developing global multi-million dollar companies from the ground up. It’s hard enough to start a business that doesn’t fail within the first year or two, let alone a business… Read […]
Continue reading
