CNBC’s Jim Cramer on Friday advised investors to brace themselves against Wall Street’s negativity next week as concerns over a possible recession mount. “I do believe that our economy’s headed for a slowdown — that’s just what rate hikes do. But a slowdown doesn’t necessarily translate into a horrific, crash-landing recession. … There are many
Month: April 2022
As more cutting-edge investment products work their way into the marketplace, there’s growing fear retail investors and even professional brokers are getting in over their heads. Former SEC attorney David Gorman, who’s now a partner at Dorsey & Whitney, contends complex products designed for profits are creating unprecedented risks and U.S. regulators are taking notice.
An inversion in Treasury yields has stoked investor concerns that a recession might be on the horizon, but strategists say there are steps you can take now to protect your savings. Morsa Images | E+ | Getty Images With a historical indicator of recessions flashing red this week, financial experts have shared their top tips
No-mad | Istock | Getty Images The four-day workweek just became a reality for dozens of companies across the U.S. and Canada, at least for the next several months. The pilot program, being led by 4 Day Week Global, kicked off on Friday and is expected to last six months. Participating organizations include crowdfunding platform
Let’s set the stage: You’ve been self-employed for a while, and you’re a pro at doing your small business taxes by now. You hustled and worked hard last year — business has been booming. As you fill out your tax return for the year, you start to realize that Schedule C is looking a bit
CNBC’s Jim Cramer on Friday offered three stock picks for investors who dream of owning a professional sports team but can’t afford to pay up billions of dollars. “Owning the common stock won’t let you weigh in on the trades or attend the owners’ meetings, go through the draft — you’re very much along for
Wall Street has been beefing up hiring for digital asset teams. But some employees are walking away from name-brand institutions in search of more risk, and potentially, more reward. JPMorgan Chase, Morgan Stanley and Goldman Sachs are among the firms with dedicated groups for cryptocurrency and its underlying blockchain technology. JPMorgan has one of the
Jeff Bezos wants a moon landing, Elon Musk is planning a mission to Mars and Sen. Bernie Sanders, I-Vt., doesn’t appear to be impressed by any of it. On Wednesday, at a meeting of the U.S. Senate Committee on Budget, Sanders raised an issue that’s been a regular part of his political platform for many
Residents of New York state face the country’s highest tax burden, according to a new WalletHub study. Pictured, New York City’s Brooklyn Bridge. Gary Hershorn | Corbis News | Getty Images As this year’s tax deadline approaches, you may have a wildly different bill depending on where you live, according to a WalletHub report ranking
Tetra Images | Getty Images The IRS has issued nearly 58 million refunds, which are worth almost $189 billion in total, as of March 25, the agency reported Friday. Tax refunds are a critical part of many family budgets, and some 46% of Americans plan to save their payments, according to a LendingTree survey, up
It looks as though Gamestop will be heading to court over alleged unpaid fees to consultancy firm Boston Consulting Group.
Gio Reyna #11 of the United States is marked by Daniel Chacon #6 of Costa Rica during a FIFA World Cup qualifier game at Estadio Nacional de Costa Rica on March 30, 2022 in San Jose, Costa Rica. Brad Smith | ISI Photos | Getty Images Sport | Getty Images From key dates to kick-off