Investing News

Apple, Inc. (NASDAQ: AAPL) designs, manufactures and markets mobile communication and media devices, personal computers (PCs), and portable digital music players. The company’s products and services include the iPhone, iPad, iPod, and Apple Watch. All of Apple’s segments produced higher sales and operating income in 2018. The company manages its business by geographic area. Below,

Artistgndphotography | E+ | Getty Images Company: Griffon (GFF) Business: Griffon operates through two segments. Consumer and Professional Products (“CPP”) conducts its operations through AMES. Founded in 1774, AMES is the leading North American manufacturer and a global provider of branded consumer and professional tools and products for home storage and organization, landscaping and enhancing

You can convert a Simplified Employee Pension (SEP) to a Roth IRA. As you may know if you already have a SEP IRA, it is just a traditional IRA that an employer or a self-employed person establishes. Except for allowable contribution amounts, it operates basically as an individual IRA does. As with any Roth IRA

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of

Traders work the floor of the New York Stock Exchange during morning trading on August 15, 2022 in New York City. Michael M. Santiago | Getty Images Economists, Wall Street analysts, hedge fund managers and public prognosticators have been all over the map lately in trying to divine the ways of Wall Street. Some have

The Federal Trade Commission (FTC) will send more than $415,000 to 3,508 consumers who financed a vehicle through one of four Tate’s Auto dealerships in Arizona or New Mexico after January 1, 2013, and later had the vehicle repossessed. According to the FTC lawsuit that led to the refund, the dealerships deceived consumers, many of

The health care cost of pregnancy and childbirth in the U.S. can easily top $10,000, however you may be able to take steps to try to lower your bill. You may be able to negotiate your medical bills with providers or established a pay plan. But there are limits on how you can lower your

(Click here to subscribe to the Delivering Alpha newsletter.) Inflation, a hawkish Fed, fears of a recession have all made 2022 a tough environment for investing.  A traditional portfolio of stocks and bonds is deeply in the red, leaving investors to seek diversity elsewhere.  Ares Management, however, has been a beneficiary of the current environment. With hundreds

Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Cathie Wood, Wall Street’s most vocal proponent of deflation, is getting a few high-profile supporters even as price

The dearth of dealmaking at major banks is leading to layoffs, with Goldman Sachs planning to cut hundreds of jobs this month. JPMorgan has told analysts that deal fees for the nation’s largest bank will shrink by 50% in the third quarter from a year ago, according to president and COO Daniel Pinto, speaking at a conference. He said

Dividend Rate vs. Dividend Yield: An Overview Dividend-paying stocks are very popular with investors because they provide a regular, steady stream of income. Companies that experience big cash flows, and don’t need to reinvest their money are the ones that normally pay out dividends to their investors. Dividend-rich industries include companies in the healthcare and

In this article GS The weakest American borrowers are starting to miss payments and default on their loans, and that is showing up at a surprising place: Goldman Sachs. While competitors like Bank of America enjoy repayment rates at or near record levels, Goldman’s loss rate on credit card loans hit 2.93% in the second

Businesses are bracing for the looming possibility of a railroad strike, as a union representing more than 90,000 workers for the nation’s freight railroads could be poised to go on strike this Friday. The move could bring about 30% of the nation’s rail freight to a halt, and would be the nation’s first rail strike in

In this article ORCL CHWY MSFT CRDO AMBA Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Stocks broke a three-week losing streak on Friday, but uncertainty looms over the horizon as the Federal Reserve prepares for its September meeting. The prospect of a sizable interest rate hike is

Warren Buffett’s house in Omaha has always been the focus of intense interest and for good reason. Buffett has earned a reputation as the world’s greatest stock investor, and his long-term track record suggests that the title is well deserved. According to Forbes‘ real-time billionaire net worth calculator as of 9/10/2022, he was worth $99.4

Many people perceive being wealthy as having a nice house, a late-model car, and maybe a summer cottage. But the kind of money that the wealthiest 1% of the world’s households has dwarfs this concept. This segment of the population owns large portions of major corporations, multibillion-dollar investment funds, islands in the Caribbean, and even

Many financial advisors get paid a base salary plus any performance-based bonuses they may have earned that year. However, it really depends on whether the financial advisor is employed by a large company or is a self-employed registered investment advisor (RIA). Salary As of May 2021, the median annual salary for financial advisors was $119,960, according

Identifying as nonbinary, genderqueer, agender, or bigender doesn’t disqualify a person from getting life insurance. Still, one must apply as either male or female because despite widening awareness that not everyone identifies as one gender or the other, the underwriting process hasn’t changed to keep pace. Key Takeaways Being nonbinary doesn’t disqualify an applicant from

What Is Cryptocurrency? Cryptocurrency is digital money. This type of currency uses blockchain technology, which is considered secure because it is capable of establishing distributed consensus even among untrustworthy parties. Cryptocurrency blockchains resemble old-fashioned bookkeepers’ ledgers, except that the ledger is electronic, and everyone with access to the ledger can also be the bookkeeper. Investors

The U.S. Bureau of Labor Statistics (BLS) releases the Employment Situation Summary, better known as the employment, or jobs report, at 8:30 a.m. ET on the first Friday of every month. The report is based on surveys of households and employers. It estimates the number of people on payrolls in the U.S. economy, the average