Stock futures rise slightly following third straight day of gains for S&P 500

Traders on the floor of the NYSE, June 16, 2022. Source: NYSE U.S. stock futures rose slightly on Wednesday night as investors digested the most recent meeting minutes from the Federal Reserve. Dow Jones Industrial Average futures rose by 26 points, or 0.1%. S&P 500 and Nasdaq 100 futures climbed 0.1% and 0.2%, respectively. Shares…

Bumble CEO Whitney Wolfe Herd on the value of rejection: ‘I personally love being underestimated … It’s a total superpower’

When it comes to business, Bumble founder and CEO Whitney Wolfe Herd swipes right on underdogs. At the Aspen Ideas Festival in Aspen, Colorado, last week, the 33-year-old entrepreneur explained why she thinks being underappreciated is beneficial. Being overlooked or rejected can be an incentive to work harder – or find somewhere or someone who…

Here’s how much cash you need to ride out a recession at different life stages, according to financial advisors

designer491 | iStock | Getty Images With the threat of a recession looming, more financial experts are sharing how to prepare — including how much cash it may be smart to set aside.   The end of June marked a turbulent six months for the S&P 500 Index, which dropped by more than 20% since January,…

Trends in FDI Before and After the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act (TCJA) of 2017 made several changes to the U.S. tax system to enhance competitiveness and discourage profit shifting to low-tax jurisdictions by U.S. multinationals. Among them were a new 10 percent minimum tax on companies with significant cross-border transactions (BEAT) and new tax rates on deemed intangible income (GILTI…

Stocks making the biggest moves premarket: Uber, DoorDash, Spirit, Altria and more

In this article RKT SAVE MO UBER COIN DASH Check out the companies making headlines before the bell: Uber (UBER), DoorDash (DASH) – Uber fell 3.1% in the premarket while DoorDash tumbled 7.5%, following the news that Amazon (AMZN) struck a deal to add membership in rival food delivery service Grubhub as a free benefit…

Supreme Court limited EPA’s ability to regulate greenhouse gas emissions. Here’s how investors can buy a carbon-conscious fund

The Supreme Court last week limited the Environmental Protection Agency’s ability to regulate greenhouse gas emissions to fight climate change — and that may leave eco-conscious investors wondering what they can do. Certain investment managers offer funds meant to promote values such as environmental preservation and social good, and those funds have become more popular…

Biden administration plans to make sweeping changes to ‘broken’ student loan system

The U.S. Department of Education in Washington, D.C. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The Biden administration announced on Wednesday that it was moving to make sweeping changes to the federal student loan system, including making it easier for public servants to get debt forgiveness and setting new limits on the accrual…

Yum Brands says it is close to selling its Russian KFC business

In this article YUM A woman walks near closed KFC and McDonald’s restaurants that suspended their business in Russia due to the military invasion of Ukraine, April 16, 2022, in Moscow, Russia. Konstantin Zavrazhin | Getty Images Yum Brands is close to selling its Russian KFC business as part of its plan to exit the…

Wrong time to get bullish: Top investor warns deflating tech ‘bubble’ far from over

The recent tech rally may be doomed. Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming — and it’s a concept investors fail to grasp, particularly when it comes to growth, technology and innovation names. “The two certainties in this world of uncertainty today is that profits growth is…

Manhattan apartment sales fall 30% in June, but prices remain high

FUTURE LIGHT | Photodisc | Getty Images Sales contracts for Manhattan apartments plunged by nearly a third in June as the city’s scorching real-estate market started to cool amid recession fears and declining stocks. New York real estate was on a tear through the early spring, with high prices and strong sales. The median sales…