Author: Press Room
A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to help consumers and fulfill one of President Donald Trump’s campaign promises. Sens. Josh Hawley, R-Mo., and Bernie Sanders, I-Vt., introduced legislation that would cap credit interest rates at 10% immediately upon the bill’s enactment into law. The cap would then remain in effect for five years.”During the campaign, President Trump pledged to cap credit card interest rates at 10%,” Sanders said in a statement. “Today, I am proud to be introducing bipartisan legislation with Senator Hawley to do just that.” “When large…
This article was written byFollowA financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of AGNC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldUS President Donald Trump halted sweeping tariffs on Mexico and Canada just hours before they were due to come into force, pulling North America back from the brink of a damaging trade war. Deals to delay tariffs on America’s two biggest trading partners by a month were announced on Monday following separate bilateral calls between Trump and Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau. Trump had unnerved allies and investors with a weekend announcement of huge levies…
One of the most common questions I get asked by people thinking of retiring is, “What do I need to do to ensure I won’t run out of money in retirement?” If you’ve asked this question, you have reasons to be concerned: Healthcare is costly, most people live longer and inflation has eroded purchasing power. The list goes on and on. If you haven’t asked this question, you either have a ton of money or are in for a rude surprise later in retirement. Proper retirement planning cannot completely eliminate the risk of running out of money in retirement, but…
This article was written byFollowI have been involved in the financial world for over 20 years with experience as an advisor, teacher, and writer. I am a full believer in the free-market system and that financial markets are efficient with most stocks reflecting their real current value. The best opportunities for profits on individual stocks come from stocks that are less-widely followed by the average investor or from stocks that may not accurately reflect the opportunities that currently exist in their markets.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldDonald Trump’s tariffs shook markets on Monday, with the US dollar surging, Asian markets falling and US stock futures sliding as investors rush to assess how the levies will affect America’s biggest trading partners. The US dollar surged more than 1 per cent against a basket of currencies, sending the Canadian dollar to C$1.473 — the lowest level since 2003. Mexico’s currency slid by more than 2 per cent to 21.15 pesos a dollar while the euro fell 1 per cent.US…
Fortunately, we’re in one of those seasons when we get headlines about new market highs pretty regularly as one or the other index surpasses a new, never-before-seen threshold. These benchmark superlatives tend to inspire a moment of celebration—only to be soon followed by hours of anxiety, as investors ponder when their new all-time high will inevitably become a low. Well, I’ve got some good news: Assets with historically positive rates of return should regularly, if not indefinitely, be hitting new all-time highs. And personally, you should, too—that is, if you’re measuring success correctly. Entrepreneur, investor, and author Sahil Bloom explores…
This article was written byFollowI have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often tend to gravitate to Tech stocksAnalyst’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.…
President Donald Trump’s tariffs on Canada and Mexico sparked panic and condemnation from the US’s top trading partners, who said the levies would devastate North America’s economy and overturn decades of integration.Politicians, business leaders and trade associations in all three countries reacted with disbelief, warning the tariffs would bring inflation, supply chain disruption and widespread job losses. On Saturday afternoon, Donald Trump signed an executive order imposing across-the-board 25 per cent tariffs on Canadian and Mexican goods starting on Tuesday and 10 per cent tariffs on energy. He also imposed an additional 10 per cent tariff on goods from China.Trump said…
For families with an elder who regularly consumes large amounts of alcohol every day, fear is nothing new. Sometimes the issue of this substance abuse is so extreme, it boggles the mind that family has not taken action to protect the aging parent, and the public. Driving is a prime issue. Real Case Study In a family of two adult children and two aging parents we counseled at AgingParents.com, we heard a terrifying account of what was happening. Aging Mom (AM) had been drinking a bottle and a half of vodka a day for many years. She had already had…
