Social Security Payments: Two Rounds of Checks Being Sent This Week
Two rounds of Social Security payments are scheduled to go out to recipients this week.
Why It Matters
The Social Security Administration (SSA) delivers monthly benefits to more than 70 million Americans, serving as a critical income source for retirees, disabled workers and survivors. To manage the large number of recipients,
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Read MoreQQQ Vs. QQQM: Key Differences And When To Choose These ETFs
TABLE OF CONTENTS
Even experienced investors will probably hesitate when asked what the differences are between the ETFs QQQM and QQQ
Invesco QQQ Trust
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? If there was ever a question within the ETF investing landscape that merits the response “it really depends on who you are as an investor and what role this plays in your portfolio,” this is it.
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Read MoreFor Social Security Retirees, President Trump's “Big, Beautiful Bill” Is Good News and Bad News
President Trump’s “big, beautiful bill” means most seniors on Social Security will not pay taxes on benefits, but it also means benefit cuts could happen sooner than expected.
President Trump signed the “big, beautiful bill” into law on July 4. The legislation, which narrowly passed the Republican-controlled House and Senate, used a process known as budget reconciliation to make permanent certain tax breaks from the 2017 Tax Cuts and Jobs Act and to introduce new temporary tax breaks.
Dow Jones Top Company Headlines at 3 AM ET: Elon Musk's xAI Sues Apple and OpenAI, Alleging They Are Monopolists | South …
Elon Musk’s xAI Sues Apple and OpenAI, Alleging They Are Monopolists
Musk said the partnership between the two companies has given the ChatGPT-maker access to “billions of user prompts.”
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South Korea’s Hyundai Motor Increases U.S. Investment to $26 Billion
The additional investment will be dedicated to advancing its strategic initiatives in autos,
Read MoreS&P 500 Notches Record as Tech Stocks Power Higher Without Nvidia
The stock market didn’t get a boost from Nvidia earnings, but it didn’t need one to finish the day at record levels.
The S&P 500 rose 0.3% to hit its 20th record close of the year. The Nasdaq Composite gained 0.5%, but fell short of its 21st record close this year.
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Read MoreThe Burst
Market Commentary: Underestimate Zuckerberg At Your Peril
Long ago, a conversation between two investors about the sluggish revenues of what was then Facebook went something along the lines of this: With all those users, why isn’t Facebook making more?
To which the second investor replied, do you really think they figured out how to get a billion users on their platform and don’t know how to make money from them?
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Read MoreThe Ivy
The Max Pain Trade Is…
If one market analyst is to be believed, the path of the market that will lead to most pain will involve a move higher from the early August lows followed by a sharp correction in September and October, repeating a pattern not seen since 1998.
Back then July marked the high and October the low,
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Read MoreThe Spotlight
Is It Finally Time To Buy Block?
Until December 1, 2021, Block (SQ) was known by its original name, Square. The company, founded in 2009, had spent more than a decade developing payment systems that helped individuals and small businesses exchange money. The Square payment platform is still one of Block’s most popular products. The small device can turn practically any smartphone or tablet into a point-of-sale system that accepts credit card payments.