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Business

“Coca-Cola Owes $6 Billion to IRS, Tax Court Rules”

“A U.S. Tax Court judge has ruled that Coca-Cola is on the hook for about $2.7 billion, or about $6 billion including interest, in a long-running dispute with the Internal Revenue Service. The Atlanta beverage giant said Friday that it… Continue Reading…

Stocks

“Don’t Sit On Losses: How This Simple Rule Spared Investors From Meta’s 77% Crash”

“Sitting on losses is never a good strategy because those losses can pile very quickly. Even strong stocks can dive and give up all gains from a buy point in a single session. That is why watching for sell signals… Continue Reading…

Business

“SEC adopts landmark climate rule — here’s what that means for public companies”

“For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions. On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks… Continue Reading…

Banking

“Big banks have to raise capital by as much as 19% under proposed US rules”

“US regulators are proposing that big banks increase their capital levels to protect against future blowups following a regional banking crisis, one of the most sweeping overhauls of how lenders are regulated since the 2008 financial crisis… …Agency officials said… Continue Reading…

Cryptocurrencies

“Supreme Court rules in favor of Coinbase in arbitration dispute”

“The U.S. Supreme Court on Friday backed cryptocurrency exchange Coinbase Global Inc ’s bid to halt customer lawsuits while it pursues appeals aimed at moving the disputes out of courts and into private arbitration, which businesses often prefer over litigation.… Continue Reading…

Investing

“What Is the Rule of 70, and How Do You Use It?”

“The rule of 70 is used to determine about how long it will take an investment to double in size while growing at a consistent rate of return. The rule is far from exact, but it can nonetheless help you figure out… Continue Reading…

Economy

“The IRS changed the tax filing rule for Social Security recipients — why that’s a good thing”

“The rebate checks are part of the $2 trillion stimulus package President Donald Trump signed into law last week, intended to provide financial relief to Americans in the wake of the coronavirus pandemic. People can receive a rebate check up… Continue Reading…

Banking

“Fed takes emergency steps to slash rates and ease bank rules”

“The Federal Reserve took massive emergency action Sunday to try to help the economy… slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds. The Fed’s surprise announcement signaled its… Continue Reading…

Stocks

Stocks: I’m Down This Week

Well I lost some on stocks this week. The good news is it wasn’t because of my analysis. It was mostly because I wasn’t fully clear how Robinhood after hours pending trades work. For all who doesn’t know if you… Continue Reading…

Business, Investing, Stocks

“U.S. SEC to review stock trading rules in big potential shakeup”

“The U.S. Securities and Exchange Commission is launching a review of the main set of rules governing stock trading, opening the door to the biggest potential changes in a decade-and-a-half, the head of the agency said on Friday. The possible… Continue Reading…