Author: News Room
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldDonald Trump has asked the US Supreme Court to delay a legislative deadline that would force a sale or ban of TikTok to allow for a “political resolution” once he is sworn in as president next month. Under a bill Congress approved in April, Chinese parent ByteDance must divest TikTok by January 19 2025 — the day before Trump is inaugurated as president — or face a countrywide ban. The legislation came after US officials warned the platform posed national security risks,…
This article was written byFollowThe Value Investor has a Master of Science with specialization in financial markets and a decade of experience tracking companies via catalytic company events. As the leader of the investing group Value In Corporate Events they provide members with opportunities to capitalize on IPOs, mergers & acquisitions, earnings reports and changes in corporate capital allocation. Coverage includes 10 major events a month with an eye towards finding the best opportunities. Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions…
The gift-giving season is upon us, and if you’re like many, you’ll be looking for a last-minute gift that isn’t the same-old, same-old. This year, why not give the gift of a lifetime? Forget those faddish toys that get broken or lost within days. Give your kid or grandkid a Child IRA. “The primary benefit of opening a Child IRA is the benefit of compounding on the IRA plan assets,” says Marcia S. Wagner, founder of The Wagner Law Group in Boston. “If the child is at an age that he or she can understand at least arithmetic, if not…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Richard “Dick” Parsons, an influential US corporate executive who led two troubled companies through their most dire periods, has died.Parsons died on Thursday according to an announcement from investment bank Lazard, where he had been a board member. The New York Times reported the cause of death was bone cancer, citing Ronald Lauder, the heir to the beauty company Estée Lauder, where Parsons had also served on the board of directors. Parsons, one of America’s highest-ranking Black executives for two decades, was…
This article was written byFollowDaniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham’s investment philosophy and a contrarian approach to the market and the securities therein. Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any…
The elevated inflation in recent years continued to wreak havoc on many Americans’ wallets in 2024, but the start of the new year provides a great opportunity to set new financial goals to get back on track. “As we step into 2025, the country’s financial landscape calls for proactive resolutions to address rising concerns such as inflation and debt,” WalletHub analyst Chris Lupo told FOX Business. “Top financial resolutions for 2025 should be focused on smart budgeting, saving, and debt repayment.” Here are some of the top financial New Year’s resolutions for 2025, according to WalletHub:1. Make a realistic budget…
Mortgage rates spiked this week to the highest level in five months, ending the year slightly higher than where they started. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.85%, up from last week’s reading of 6.72%. The average rate on a 30-year loan was 6.61% a year ago.This week’s increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to Freddie Mac data. The lowest rate this year was 6.08% at the end of September, while the highest…
Overview The Corporate Transparency Act (CTA) filing requirements have been reinstated and most filings will now be due January 13, 2025 instead of the December 31, 2024 prior deadline. The bottom line is that any entity classified as a “reporting company” under the CTA has to file with the Financial Crimes Enforcement Network of the Treasury (FinCEN). Each reporting company will have to file Beneficial Owner Information (BOI) for each person deemed a beneficiary owner (BOs). While a detailed discussion of the legal arguments in the cases challenging the CTAs constitutionality, and the counter arguments by the government would be…
Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Russia has carried out a Christmas Day attack on Ukraine’s energy system, leaving more than half a million people without heating, water and electricity. Ukrainian President Volodymyr Zelenskyy said the attack, the 13th large-scale assault of 2024 on the country’s grid, was “deliberate” and not a coincidence. “What could be more inhuman?” he wrote on X. About 50 of the 70 missiles fired in the attack were intercepted, along with a “significant” portion of the more than 100 attack drones deployed, he…
This article was written byFollowI’m an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can compound their invested capital over long periods of time.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for…
