Month: February 2022

In this article ZM Eric Yuan, founder and CEO of Zoom Video Communications, stands before the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom shares fell 13% in extended trading on Monday after the video-calling software
0 Comments
New homes under construction by CastleRock Communities in Kyle, Texas, in November 2021. Matthew Busch | Bloomberg | Getty Images Record increases in home prices are also pushing up the amount of equity people have in their abodes. For many Americans, that means they can borrow more against what is often their biggest asset. However,
0 Comments
Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The VanEck Russia ETF fell 23% Monday as the conflict in Ukraine generated new U.S. sanctions against Russia. On Monday, the Biden administration announced additional sanctions against Russia’s central bank that would effectively prohibit Americans from doing business with the bank and freezes assets within
0 Comments
Tommaso79 | Istock | Getty Images Although government intervention helped the U.S. avoid the scariest predictions for the possible number of pandemic-related evictions, hundreds of thousands of families still found notices on their doors. Since March 2020, landlords filed more than 750,000 evictions in the six states and 31 cities that The Eviction Lab at
0 Comments
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said
0 Comments
The NYSE and Nasdaq have announced today that they are halting trading in several Russia-based stocks that list on their respective exchanges. Much more interesting is the fact that the Russian stock market in Moscow is closed, but U.S.-based Russian exchange-traded funds are trading in the U.S. this morning. There are five Russian ETFs that
0 Comments
Getty Images If you’re considering a Roth conversion, stock market drops may make the strategy more appealing, according to financial experts.   While the popular move, allowing higher earners to bypass income limits for Roth individual retirement account contributions, was in peril as House Democrats passed Build Back Better, the spending package stalled in December. Nevertheless,
0 Comments
Getty Images |  filadendron You’re not alone if you panic sold during this week’s stock market volatility and you’re feeling regret, experts say. Russia’s invasion of Ukraine triggered U.S. stock market swings on Thursday, with the S&P 500 dropping by as much as 2.6% before closing 1.5% higher. The Nasdaq Composite recovered from a nearly
0 Comments
Roman Abramovich, Owner of Chelsea celebrates with The FIFA Club World Cup trophy. Michael Regan – Fifa | Fifa | Getty Images Roman Abramovich has handed “stewardship and care” of Chelsea to the club’s charitable foundation following Russia’s invasion of Ukraine. But Abramovich will remain Chelsea owner and the Russian billionaire, who has invested over
0 Comments
One of the five Ukrainian Boeign 737-800 aircraft that landed yesterday at Castellon airport in the face of the political situation in Ukraine and Russia, on 15 February, 2022 in Castellon, Valencian Community, Spain. Carme Ripolles | Europa Press | Getty Images Russia’s invasion of Ukraine this week is ripping through the air travel industry,
0 Comments
In this article AAPL BRK.A Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | Getty Images Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades. In his annual
0 Comments
In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway‘s operating profits surged in the fourth quarter and for the full year as the conglomerate’s businesses continued to roar back to life from the pandemic economic slowdown. Chairman Warren Buffett increased his bet on that comeback, buying back
0 Comments
Bomani Jones onstage during “Colin In Black And White”, Netflix, And Dreamville Present Path To Power Summit at Clark Atlanta University on November 04, 2021 in Atlanta, Georgia. Paras Griffin | Getty Images Bomani Jones doesn’t want to be your economics teacher. Instead, the well-known sports personality wants to make compelling arguments around the intersection
0 Comments