Goldmans, Blackstone CEOs bullish on US economy despite Trump turmoil
The chief executives of two of major Wall Street institutions say they expect the United States to avoid recession despite the upheaval caused by the Trump administration’s demolition of decades-old economic policies and alliances.
Donald Trump on Tuesday said his administration would plough on with tariffs on Canada and Mexico starting,
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Read MoreTesla chairwoman sells $33 million worth of TSLA as she lets Elon Musk destroy the brand
Tesla chairwoman Robyn Denholm has sold another $33 million worth of Tesla stock (TSLA) as she lets Elon Musk destroy the company’s brand.
As the head of Tesla’s board of directors, Denholm is amongst the few people who actually have oversight over Elon Musk at Tesla.
While Musk is CEO,
Read MoreTrade-Sensitive Stocks Take a Hit After Trump Confirms Tariffs
e.l.f. Beauty, which makes most of its products in China, saw a 9.2% drop in shares. The company’s chief financial officer told investors recently that it has a “successful playbook” for tariff response from 2019.
Shares of Lululemon dropped 4.9%, and are down more than 9% this year. The fashion brand is headquartered in Vancouver,
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Read MoreThe Weakening Economy Needs Rate Relief
Equity markets were down for the week (again). But it could have been much worse, as the closing results were much improved from Friday’s lows at about 1 pm Eastern Time. The S&P 500, for example, finished the day with a +2% gain as markets rallied into the close.[1] As shown in the table,
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Read MoreIs $2.5M Enough To Spend $100K A Year In Retirement, Or Will Taxes Make That Impossible?
Personal Finance
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A Reddit user is wondering if a $2.5 million nest egg can produce $100K in income.
The Burst
Top Streaming Stock That Is Not Netflix
Netflix is famously the king of streaming but it has been attacked by a host of competitors, new and old alike. One top contender is Disney.
As early as 1940, the public was able to invest in Disney (NASDAQ: DIS). However, the stock was not listed on the New York Stock Exchange until 1952,
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Read MoreThe Ivy
Market Commentary: Analysts Claim 500% Upside In EV Maker
Electric vehicle manufacturer, Canoo, has had a rough run lately. Over the past year it has slid from about $4.61 per share to $0.56 per share, essentially wiping out committed shareholders. But analysts consensus estimates suggest the company has over 500% upside to $3.56 per share to reach fair value.
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