Month: October 2020

The Democratic presidential nominee has some plausible ideas for raising business taxes, but a new “minimum” corporate tax is not one of them. …read more […]

The president has created a conundrum by pushing for emergency use authorization (EUA) in a way that suggests the process could be politically influenced. …read more […]

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Anyone with a few bucks and an internet connection has everything they need to start investing. But randomly picking stocks is a recipe for failure. If you’re serious about making money, you need to first learn how to invest. For those looking for a place to start, we’ve put together this list of the best stock trading courses out there.

Investing in the stock market has never been easier… Or cheaper. Once upon a time, investors needed to call up their personal broker to make a trade. The broker would take a commission for his efforts and voilà, transaction complete.
Then the …read more […]

Yahoo Finance’s Adam Shapiro breaks down the stocks to watch Thursday. …read more […]

IBM is slimming down. CEO Arvind Krishna talks with Yahoo Finance about one of his first big moves as CEO. …read more […]

After a volatile September, the roller coaster hasn’t ended in October. We had a pleasant surprise for investors, when S&P 500 climbed back above 3,400 to start the month. However, markets didn’t like President Trump’s COVID diagnosis, and the resulting drop. The President is out of the hospital, but now the White House and Congressional Democrats are unable to reach agreement on an economic stimulus package. The combination of good news and bad news makes the markets an intriguing mix of risk and reward. Weighing in on current market conditions, Raymond James strategist Tavis C. McCourt noted: “Although there is …read more […]

Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak with IBM CEO Arvind Krishna about the company’s plans to spin off its legacy business to focus on cloud computing. …read more […]

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(Bloomberg) — The stock market faces the possibility of significant declines ahead of the U.S. election as economic and political unpredictability dumbfound strategists, according to Goldman Sachs Group Inc.’s Abby Joseph Cohen.“I’m quite concerned that there could be considerable downside,” depending on “factors that we can’t fit easily into our models,” the senior investment strategist said in an interview on Bloomberg TV. “This includes: What will the Congress do? What will the President say? And of course, the election outcome.”Cohen, who in the 1990s was the most famous equity strategist in America, pointed to “wide gaps” in valuations within the …read more […]

(Bloomberg) — President Donald Trump said talks on an economic stimulus plan are now “starting to work out” despite pulling his side out of negotiations earlier this week, though there was no sign the two sides are any closer on a comprehensive deal.“I think we have a really good chance of doing something,” Trump said Thursday morning in a live interview with Maria Bartiromo on Fox Business. There are now “very productive talks” on coronavirus relief, he said.The White House and House Speaker Nancy Pelosi have indicated willingness to strike a deal to aid U.S. airlines, but the Democratic leader …read more […]

The cruise operator, which sails AIDA, Costa and Princess cruises among others, has paused voyages since March due to the COVID-19 pandemic, bringing its business to a standstill. Total customer deposit balance as of Aug. 31 was $2.4 billion, the majority of which were credits given by Carnival for canceled trips, compared to $2.9 billion last year. Carnival’s third-quarter net loss came in at $2.86 billion, compared to a profit of $1.78 billion a year earlier. …read more […]

In a new interview, left-leaning author Kurt Andersen called Facebook a “different beast” than other tech giants, arguing that its problems extend beyond market control, since CEO Mark Zuckerberg has failed to take any worthwhile steps to reduce the societal damage caused by its immense platform. …read more […]

(Bloomberg) — International Business Machines Corp. plans to spin off its managed infrastructure services unit into a public company, doubling down on its shift to become a major cloud services provider.The new unit, now part of its global technology services division, serves 4,600 clients and has an order backlog of $60 billion, according to a statement Thursday. The company said it aims to complete the transaction as a tax-free spinoff to IBM shareholders by the end of 2021.The spin-off is the fourth major transformation for IBM in its 109-year history and is the first big move by Chief Executive Officer …read more […]