Looking for a Potential 11% Dividend Yield? Analysts Recommend 2 Attractive Dividend Stocks
On the economic front, there's a growing sense of uncertainty, with various factors looming on the horizon. These factors include persistent inflation, the Federal Reserve's decision to raise interest rates…
Rite Aid Files for Bankruptcy in the United States, Announces Store Closures
In a move necessitated by financial difficulties, Rite Aid has initiated bankruptcy proceedings in the United States. The company revealed in a statement that it had secured a commitment of…
Supreme Court Case Challenges $15,000 IRS Bill and Potential Wealth Tax
Charles and Kathleen Moore are preparing for a Supreme Court battle against what they claim is an unconstitutional $15,000 tax bill. The Moores, hailing from Redmond, Washington, assert that they…
Reconsidering Your Asset Transfer Strategy in Light of New IRS Rule
Estate planning often involves navigating complex tax considerations, and a recent IRS rule change adds a new layer of complexity. This rule, issued at the close of March, modifies how…
Chinese Investment Star Wang Detained as Part of Anti-Corruption Drive
In a recent development, Wang Yawei, a prominent Chinese fund manager, was taken into custody in August as part of a broader crackdown aimed at combating corruption within China's vast…
Tesla Contests $230 Million Attorney Fees in Board Pay Lawsuit
WILMINGTON, Delaware (Reuters) - Tesla Inc is set to challenge a request for $230 million in legal fees put forth by a group of shareholder attorneys who successfully reached a…
Deutsche Bank CEO Warns of Challenging Times Ahead for Commercial Real Estate
Deutsche Bank's CEO, Christian Sewing, has expressed concerns about the future of the commercial real estate sector, citing the impact of increased borrowing costs and the evolving landscape of remote…
Bank of America Predicts Steady US Stock Performance If Yields Stay Below 5%
In a somewhat more cautious stance compared to other financial experts on Wall Street, Bank of America's strategist suggests that the S&P 500 index can maintain its position above 4,200…
Bond Market Sees Worst Day Since 2020 Turmoil Amid Rising Yields
The US government bond market experienced its most challenging day since March 2020, as higher-than-expected inflation data for September and lackluster demand for a bond auction led to a surge…
Big Bet on Treasury ETF Turns Sour with $10 Billion Loss
Throughout the year, Wall Street professionals have poured record amounts of money into the world's largest Treasury exchange-traded fund (ETF) with high confidence that interest rates have reached their peak.…
