Congress created America’s central banking system with the Federal Reserve Act in 1913 and can amend the law to modify the Fed’s authority or mission.
» Read more about: The Federal Reserve’s power: Congress giveth and Congress can taketh away »
By MICHELLE CHAPMAN, AP Business Writer
Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package.
The electric vehicle maker said in a regulatory filing on Monday that Musk must first pay Tesla $23.34 per share of restricted stock that vests,
» Read more about: Tesla awards CEO Musk millions in shares valued at about $29 billion »
Aug 1 – Apple (NASDAQ:AAPL) traded nearly 2% higher in premarket action Friday after posting fiscal third?quarter results that topped Wall Street expectations. Strong iPhone sales in China drove the upside, giving the tech giant a much?needed boost in a market that had been a drag for the past year.
» Read more about: AAPL: Apple Stock Jumps as China iPhone Sales Drive Blowout Q3 »
In an era when people do everything online—from visiting the doctor to virtually trying on clothes to earning entire college degrees—it’s no surprise that investing has gone digital, too. Robo-advisors provide a low-cost, low-effort approach to starting a wealth-building journey, making investing more accessible than ever.
Robo-advisors employ algorithms that recommend and manage portfolios based on an investor’s risk tolerance,
» Read more about: How Much Should You Invest With a Robo-Advisor? »
Hanna Roesch, who lives in Barrington, was shopping at Abt Electronics for a new dryer after her 10-year-old machine overheated.
The timing is less than ideal, as shoppers face higher prices due to tariffs.
President Donald Trump announced last week a slew of new tariffs on more than 60 countries,
NVDA is a historical outperformer in August, going back 10 years
Subscribers to Chart of the Week received this commentary on Sunday, August 2.
Last week ushered in a handful of Magnificent 7 earnings that brought the halo lift to broader tech that everyone expected.
» Read more about: Now is the Time to Seriously Consider Nvidia Stock »
Here are three option strategies that new option traders should avoid and why. The appeal of selling options is that it can look like free money, and that’s the case with the uncovered call, which …
» Read more about: 3 option strategies that beginners should avoid »
Today, Benzinga’s options scanner spotted 31 options trades for CyberArk Software. This is not a typical pattern. The sentiment among these major traders is split, with 12% bullish and 67% bearish.
» Read more about: Unpacking the Latest Options Trading Trends in CyberArk Software »
The CBOE Volatility Index (VIX) tumbled over 12% on Monday to around 17.88, erasing most of last week’s surge and fueling a swift rally in ETFs designed to profit when fear fades.
In typical market irony,
» Read more about: Wall Street's Fear Gauge Just Crashed—These 3 ETFs Are Cashing In »
Social Security provides important monthly benefits to millions of retired Americans.
