CEOs and corporate insiders have sold a record $69 billion in stock in 2021, as looming tax hikes and lofty share prices encourage many to take profits. From Satya Nadella at Microsoft to Jeff Bezos and Elon Musk, CEOs, founders and insiders have been cashing in their stock at the highest pace on record. As
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A software rendering shows a recreation of Russia’s anti-satellite weapons test and the destruction of satellite Kosmos 1408, with the debris field in red. AGI The Pentagon called for a global halt to anti-satellite weapons testing on Wednesday, further decrying the practice after Russia’s destructive demonstration last month showered low Earth orbit with debris. “We
Fizkes | Getty Images Another year of grappling with coronavirus has led to significant tax law changes for the 2021 season. While year-end tax planning is always important, recent adjustments — and the possibility of more on the horizon — may offer unique benefits along with potential pitfalls. Here are some of the biggest changes
SolStock | E+ | Getty Images Looking for a meaningful holiday gift? Consider putting money toward a child’s future education costs. Nearly half of parents (45%) may ask family and friends this year to contribute to a 529 college savings plan for their kids, according to a survey from the College Savings Foundation. That compares
A 20,000-square-foot Toys R Us location will open in mid-December at the American Dream megamall in New Jersey. Source: WHP Global Toys R Us is taking another shot at opening up a store in the United States after its comeback plans were thwarted earlier this year due to the coronavirus pandemic. The toy retailer’s parent
In this article CRM AMBA HPE BOX BIRD DASH Check out the companies making headlines in premarket trading. Salesforce — Shares of the software giant dropped more than 6% in premarket trading despite a better-than-expected third-quarter earnings report. The company’s fourth-quarter guidance missed analysts’ expectations. Salesforce also announced it promoted Bret Taylor to the role of co-CEO, alongside
A cityscape of Tel Aviv, with the first skyscraper, The Meir Shalom tower, in front, and newer buildings such as the Azrieli towers and Moshe Aviv tower in the back. Ilan Shacham | Getty Images Tel Aviv, Israel, is now the most expensive city in the world to live in, according to a biannual report
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Sept. 20, 2021. Michael Nagle | Bloomberg | Getty Images The market is facing a conundrum. Federal Reserve Chair Jerome Powell has thrown a monkey wrench into the investor playbook. Investors have been worried they will
vitapix | E+ | Getty Images It’s a small but growing focus in the environmental, social and governance investing movement: gender equity. So-called gender-lens investing prioritizes companies with higher representation of women on their boards and in management positions, as well as those that score well on pay equity and other workplace policies that especially
Daniel Acker | Bloomberg | Getty Images Mortgage rates rose decisively again for most of last week, causing a massive drop in mortgage demand, but on Friday everything changed with the news of the Covid omicron variant. Last week the average rate on the 30-year mortgage with conforming loan balance ($548,250 or less) increased to
A look at Black Friday sales figures which paint a gloomy picture for retail.
In this article LVS The dip in travel stocks following the emergence of a new Covid-19 variant is a temporary “setback” that presents some attractive buying opportunities within the sector, according to investor SpringOwl Asset Management. Travel and tourism stocks were hammered after the World Health Organization classified omicron a “variant of concern.” Several countries