Investing in growth stocks can enhance your portfolio. Plus, the capital appreciation you can gain from investing in a top growth stock can often be much more than the recurring income you'll earn from a dividend stock. Valens (OTC: VLNCF) may not be one of the big pot stocks in the industry just yet, but it's taken every step to get on investors' radars.
It looks like EOG Resources, Inc. (NYSE:EOG) is about to go ex-dividend in the next three days. You can purchase...
Thankfully, unemployment benefits are available to workers who are out of a job through no fault of their own, but sometimes, the rules around claiming them can be a barrier to financial help. Generally speaking, people who claim unemployment must also be able, ready, and willing to work. Because so many parents were stuck without child care because of school closures, and the mere act of leaving the house was considered a safety hazard, most states eased up on their requirements for unemployment eligibility.
Section 1256 contracts are taxed at a blended rate of 60% of an investor’s long-term rate and 40% at the higher short-term rate.
Johnson & Johnson (NYSE: JNJ) has been a leader in the pharmaceutical industry for over 130 years. With a vast product portfolio and a 2.8% dividend yield, the stock remains popular with income investors despite a history of modest year-over-year gains.
If you believe the stay-at-home economy is here to stay, at least in some degree, then the following stocks of Amazon.com (NASDAQ: AMZN), T-Mobile (NASDAQ: TMUS), and Sony (NYSE: SNE) all look like terrific buys today. Not only did the e-commerce and cloud behemoth have some catching up to do, but COVID-19 has also made Amazon even more indispensable, accelerating its customer growth. Just think about all of the indispensable products and services Amazon has: The world's leading e-commerce platform?
Hamburg's red light district has been dark since March, but for one evening only - the lights went back on. Prostitutes took to windows in protest late on Saturday evening (July 11), demanding that Germany's licensed brothels reopen after months of shutdown. Sex workers say they are being singled out and deprived of their livelihood, as shops, restaurants and bars all open their doors again. Workers complain that the profession is being forced back into illegality, leading some to ply their trade on the streets - a far more dangerous, and unhygienic, way of working. The protest was organised by the Association of Sex Workers, who said it poses no greater risk than permitted services like massages or cosmetics, and, quote, "hygiene is part of the business in prostitution." They say brothels are able to adopt required measures, such as face masks, ventilation and recording visitors' contact details. Prostitution is regulated and tolerated in Germany. Sex workers pay tax, and say they should benefit from support made available to other small businesses, which are struggling due to the coronavirus.
Lebanon's top Christian cleric stepped up criticism of the Iran-backed Shi'ite group Hezbollah and its allies without naming them on Sunday, saying Lebanese rejected being isolated from their allies and driven into decline. Lebanon is suffering a financial meltdown which marks the biggest threat to its stability since the 1975-90 civil war. For the second sermon in a row, Maronite Patriarch Bechara Boutros Al-Rai stressed the importance of Lebanon's neutrality, implicit criticism of the heavily armed Hezbollah over its support for Iran in conflicts with Sunni-led Gulf Arab states.
The past decade has seen the rise of numerous automated investment management platforms -- "robo advisors" -- that are said to threaten the very existence of the human advice industry. While these services provide core offerings that can and do act as portfolio centerpieces, automated investment managers come with a number of drawbacks that may have a significant impact on their ability to grow into the future. Once invested -- usually in a low-cost portfolio of ETFs -- clients are able to go back to their everyday lives without thinking about their investments again, other than to add more money to their portfolio or open a new account.
Since the IRS has extended the 2019 tax deadline to July 15, 2020, there are millions of Americans still waiting for refund checks. Tax refunds can be quite substantial, with the average American receiving $2,881 in 2018.
Over the five-year period leading up to 2020, Inovio Pharmaceuticals (NASDAQ: INO) delivered a positive return in just one year: In 2016, Inovio gained a little over 3%. The company has emerged as one of a handful of small drugmakers with promising COVID-19 vaccine candidates. Could buying Inovio stock now make you rich over the next several years?
A lot could change for the cannabis industry over the next six months. In Canada, the new cannabis derivatives market could pick up momentum -- or not. In the U.S., the November elections hold the potential to set the stage for potential marijuana legalization at the federal level or push back any such hopes for several more years.
New Taipei City, Taiwan, July 12, 2020 -- While the concept of social commerce is gaining traction, there are several inherent challenges that are hindering its growth. Among.
On July 25, Livongo will celebrate its first full year as a publicly traded company. It's been a wild ride for investors who bought Livongo Health shares early on. On July 15, 2019, Livongo Health announced that it planned to conduct an IPO and list its shares on the Nasdaq stock exchange.
Turkey has revoked a requirement that central bank deputy governors have 10 years prior experience and dropped a rule that banks set aside 20% of annual profit, the official gazette showed on Sunday. According to a decree published on the gazette, signed by President Tayyip Erdogan, the phrase "worked for at least ten years in relation to their professions" in the central bank law, was removed. The provision, which envisages 20% of the bank's annual profit to be reserved as a reserve fund, has been repealed, the same decree said.
What are the most difficult things about investing? For many people, accumulating money to invest in the first place would probably top the list. Another biggie is finding the right stocks to buy. Perhaps the most challenging thing for most investors is having the patience to wait for stocks to deliver on their full potential.
Last week, two US energy groups gave up their six-year battle to build a natural gas pipeline, despite fighting all the way to the US Supreme Court to obtain a permit. Dominion Energy and Duke Energy canned the Atlantic Coast Pipeline just weeks after their high court victory.
With the Federal Reserve backstopping financial assets, it is no surprise that stocks have rallied furiously off the March 23rd bottom.
(Bloomberg) -- The U.S. Treasury has more than just the Federal Reserve in its corner as it battles to contain the cost of financing the nation’s record budget deficit.American money-market funds -- a harbor for the assets of retirees and companies -- have bought the brunt of the roughly $2.2 trillion in bills the government has sold to raise cash for economic stimulus amid the pandemic. The Fed has bought almost none, instead hoovering up hundreds of billions of dollars of notes and bonds.It’s the latest case of domestic private investors stepping up in the face of a decade-long retreat in foreign demand, which may struggle to rebound significantly given the U.S.’s diminished yield advantage. Of course, Treasuries will always benefit from their premier haven status: Last week’s 10-year auction sold at a record low yield. But with the U.S. issuing a mountain of debt across maturities, the appetite of homegrown buyers is crucial.“If the U.S. money-fund industry wasn’t so large, there’d be some possibility that the market wouldn’t be able to absorb all the new Treasury issuance that we’ve seen in such a short period,” said Peter Yi, director of short-duration fixed income and head of credit research at Northern Trust Asset Management.The government is on track to issue an unprecedented wave of nearly $5 trillion in net new debt in 2020 to plug an exploding budget gap. Assets in U.S. money-market funds have surged as well. They hold a near-record $4.7 trillion as investors have sought shelter amid uncertainty over the pandemic’s economic toll.“Treasury bills are an attractive option for us,” said Kevin Gaffney, chief investment officer of money markets at Fidelity Investments, which oversees $3.3 trillion. “They’re very liquid, safe and their yields have been attractive relative to other government products such as agencies and repo.”March PullbackBut domestic demand doesn’t protect the bond market from broader volatility. March delivered a taste of what happens when investors pull back. Foreigners unloaded a record amount of Treasuries -- almost $300 billion. The Fed stepped in to calm markets as yields soared with investors globally rushing to raise liquidity. The central bank launched a plan to buy $75 billion of Treasuries a day temporarily. It’s now purchasing $80 billion a month, and is set to buy $2.5 trillion of Treasuries this year.“We saw what happened in March -- yields did rise when foreigners were selling, and then we saw the Fed step in, and the Fed bought more than the rest of the world sold,” said Brad Setser, senior fellow at the Council on Foreign Relations and a former economist at the Treasury.China, the second-largest foreign holder of U.S. government debt, has been shrinking its pile. And for foreign investors broadly, Treasuries may not be attractive hedged or unhedged. The 10-year yield is now about 60 basis points higher than its Japanese counterpart, for example. The gap was above 300 basis points in 2018.“The overall carry that you capture from U.S. bonds has really disappeared,” said Kathryn Kaminski, chief research strategist and portfolio manager at AlphaSimplex Group.Demand GapOne looming risk: Even domestic buyers may not be able to keep up with the swelling issuance. That’s one reason JPMorgan Chase & Co. sees 10-year yields creeping up to 1% by year-end, from about 0.6% now. But it sees demand from money funds, banks, insurance companies and the Fed mostly keeping yields in check, especially given policy rates near zero and tame inflation.“Even though there is a little bit of demand gap, when you look at drivers of rates over a longer period of time -- it’s the market’s outlook for the Fed and inflation expectations that matter a lot more,” said Jay Barry, a strategist at JPMorgan.The question in the second half of 2020 is how much the Fed might need to step up again, with the virus raging in some states, a new U.S. fiscal package possibly in the works and strategists expecting the Treasury to shift more issuance to coupons.What it boils down to is that unless the trend of stagnant foreign demand reverses, domestic buyers, including pensions and insurers, will be pivotal to handling the increased supply.Last month’s 10-year note auction was a case in point: International buyers accounted for less than 10% of demand, while domestic investment funds took almost half.“I like the long end of the Treasury market,” said Mark Spindel, chief investment officer at Potomac River Capital in Washington. “The reason why the Treasury is issuing so much debt is because the economic troubles are comprehensive. And simple ‘Bonds 101’ -- that’s bullish.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Norway’s biggest bank, DnB, increased investments in Apple, AT&T, and Gilead stock in the second quarter. It also cut its position in networking firm Cisco Systems.
Donald Trump wore a face mask in public for the first time since the outbreak of Covid-19 in the US to meet wounded soldiers and medical staff at the Walter Reed National Military Medical Center on Saturday. Leading public health officials have urged Americans to wear masks to slow the spread of coronavirus, but the president has until now been reluctant to back their calls. “I think when you are in a hospital, especially in that particular setting when you are talking to a lot of soldiers, people that in some cases just got off the operating table, I think it’s a great thing to wear a mask,” Mr Trump said.
WeWork is on track to have positive cash flow in 2021, a year ahead of schedule, after it cut its workforce by more than 8,000 people, renegotiated leases and sold off assets, its executive chairman said. Marcelo Claure said in an interview that the SoftBank-backed office space provider had seen strong demand for its flexible work spaces since the start of the coronavirus pandemic. In February, Mr Claure set a target of reaching operating profitability by the end of next year and he said WeWork remains on track to meet it.