By Market Rebellion The Fed issues a 75 basis point rate hike, in line with market expectations. Market reaction muted thus far. QUICK LOOK:Federal Reserve announces a raise in interest rates to a new range of 1.50% to 1.75%, up 75 basis points (in lin…
Fed Delivers 75 Basis Point Rate Hike, Biggest Since 1994: Stocks Pare Gains
By Martin Baccardax The Federal Reserve made its largest rate hike in nearly three decades Wednesday, and signaled sharper increases over the coming months, sending Treasuries yields higher and stocks lower. Updated at 2:18 pm EST The Federal Reserve m…
Is This the Dawn of a New Era in Brain Cancer Treatment?
By Maxx Chatsko This small-cap biotech highlights the central rule of biotech investing. The S&P 500 may have only recently entered a bear market, but the biotech sector has been reeling in one for most of 2022. Although many biotech stocks have tumble…
Spotify Has a Plan to Raise Margins, Will It Work?
By Tony Owusu The music business hasn’t been very profitable for Spotify, but the company’s pivot to podcasts and plans to reduce costs has Wells Fargo analysts turning more bullish on the stock. What a difference six months makes. At the top of the ye…
Would You Travel On An Airplane With Double Decker Seats?
By Veronika Bondarenko A new airplane seat model is causing an uproar on social media. While travelers have been griping for years about airlines that squeeze people in, the idea of double decker planes is hitting nerves on a whole new level. It all st…
Universal Orlando’s Got Exciting New Attractions Coming
By Colette Bennett You don’t need a theme-park ticket to try the new attractions at Universal Orlando. With rising inflation reducing the appeal of spending money on leisure, you may not be looking to plan your next big theme-park family vacation right…
Cash Vs. Accrual Accounting Explained With Examples
By Julie Bennett Iannuzzi If you are an entrepreneur or small business owner, it is a good idea to familiarize yourself with both the cash and accrual accounting methods. What is Cash Accounting Method?So, what’s the difference between cash and accrual…
Employee Stock Purchase Plans and Your Taxes
By TurboTax Stay informed about how your employee stock purchase plan can impact your tax liability. Buying company stock at a discountMany large companies offer Employee Stock Purchase Plans (ESPP) that let you buy your employer’s stock at a discount….
Retail Sales Slump In May As Surging Inflation, Record High Gas Prices Bites Spending
By Martin Baccardax Record high prices boosted gasoline sales, but the extra cash needed to fill American tanks was pulled from discretionary spending in the world’s biggest economy. U.S. retail sales fell last month May, Commerce Department indicated …
Las Vegas Strip NBA Team Has Another Champion Suitor
By Kirk O’Neil LeBron James is not the only champion athlete who wants to bring an NBA team to Las Vegas. Las Vegas is the home of major league sports franchises, with the National Hockey League’s Golden Knights skating at T-Mobile Arena on the Las Veg…