Investing News

Marijuana stocks rose after months of declines after news that President Biden on Oct. 6 pardoned thousands of individuals convicted of simple possession of marijuana. Both the sector as a whole and major names like Canopy Growth Corp. (CGC) rose rapidly on the news. The move clears every person convicted on federal charges of simple

The holidays are a season of giving, but if you’re trying to stick to a budget this year, you’re likely looking for ways to reduce your spending while still giving your family and friends presents they’ll enjoy. That’s where your accumulated credit card rewards can come in. You can gift them to others, without having to

Since the Great Financial Crisis, finding reliable yield has been a long, slow process. In addition, investors have had a difficult time in the face of central banks cutting interest rates and introducing vast amounts of monetary stimulus. However, these trends have reversed in some parts of the world of late; for example, the U.S. Federal

Chase has announced a new spending bonus for new cardholders with the Chase Freedom Flex and Chase Freedom Unlimited credit cards. In addition to the cards’ standard sign-up bonus, users will also earn 5% cash back on the first $12,000 spent at grocery stores over the first 12 months from account opening. Key Takeaways The

Chase has officially made its newest business credit card available to the public. The Chase Ink Business Premier Credit Card was quietly launched in December 2021 to select customers, but now anyone can apply through the credit card issuer’s website. The card offers a larger sign-up bonus and better rewards than the other Ink cash-back

In 2021, employers paid 73% of the average $22,221 in annual premiums for health insurance for a family of four, but that still left $5,969 for the employee to pay. Costs for the independently insured can be even more daunting. No wonder so many Americans rely on some form of financial assistance to meet their

Native American business people face their own set of challenges. For example, they often have smaller networks, which make it more difficult to gain entry to the kinds of jobs that lead to the C suite. What’s more, investing in businesses located on tribal lands is viewed as risky due to a lack of a

How large are the indigenous groups living in the United States today? And what is their financial situation? Even the statistics are not reliable and clear. This summary offers a starting point to understand the size and scope of the major indigenous nations and groups in the U.S. It reviews, in order of population, the

While the current yield and yield-to-maturity (YTM) formulas may be used to calculate the yield of a bond, each method has a different application—depending on an investor’s specific goals. Key Takeaways Bonds are debt instruments that pay interest to investors, who essentially function as creditors to issuers. These interest payments constitute a bond’s yield. A

The U.S. economy added 263,000 jobs last month, the Bureau of Labor Statistics (BLS) reported in its latest nonfarm payrolls report for September. While the gain was lower than August’s upwardly revised 315,000, it surpassed the 250,000 economists had projected. The unemployment rate edged down to 3.5% from 3.7% in August.   The figures reflect slower

General Motors (GM) made big sales gains in a sign the semiconductor shortage is easing. GM shares are rising over 2% in pre-market trading.  GM outsold rivals including Japanese automaker Toyota in the U.S. in the third quarter. GM sold 555,580 vehicles in the quarter through September, 24% higher than last year when inventory shortages

Historically, Native Americans haven’t been represented in finance. There’s been some movement, especially as tribes have looked to shore up their economic development. For example, the passing of the Indian Gaming Act, in 1988, set up the path for Native American-owned gaming which turned more tribal attention towards investing as a means of fiscal independence.

Hackers have stolen $570 million from a blockchain linked with Binance. The largest crypto exchange has had to temporarily halt the operation of its Binance Smart Chain after the exploit. Since the hack, Binance Coin’s (BNB) price has also dropped noticeably, with the token down 3.5% in the last 24 hours. At the time of

Being named in someone’s will as the executor—the person to handle and settle up estate matters—sounds like a great honor. And it is because the person believes that you have the ability to collect assets, settle debts, file estate tax returns where necessary, distribute assets, and close the estate. However, a person named as an

The technology sector consists of businesses that develop, build, and market consumer electronics, electronic components, and software. Companies in the tech sector may also provide information technology (IT) services such as cloud computing. While the best-known companies are giants like Apple Inc. and Microsoft Inc., there also are tech businesses that are classified as penny

The three white soldiers pattern and its bearish counterpart, the three black crows, are considered fairly robust reversal signals by both analysts and traders. The bullish pattern consists of three consecutive long-bodied candlesticks that open within the previous candle’s real body and close above the previous candle’s high. Why the Three White Soldiers Pattern Is a Bullish

As cryptocurrencies have proliferated in recent years, a diverse industry of companies has developed in the crypto space. These companies may be involved in cryptocurrency mining, digital currency exchange and payments, or in developing blockchain technology and linking it with existing industries and businesses. Some of the best-known crypto stocks include Coinbase Global Inc. (COIN),

The shipping industry includes companies that transport cargo around the world, from grains to apparel to electronics to appliances. In spite of the term “shipping,” these companies often transport commodities and merchandise by air, sea, and on land by truck or train. They also provide storage and other logistics. Some of the largest shipping companies

Silver is valued both as an industrial metal and as a precious metal. It is used in jewelry, electronics, and photography. Many investors use it as a safe haven in times of economic turmoil and sometimes as a hedge against inflation. Silver mining companies are engaged in the acquisition, exploration, development, and production of mineral

The steel industry is part of the basic materials sector and consists of companies involved in steel production, mining, and related activities. Although steel historically has been a major U.S. industry, the number of steel mills that produce the metal has declined sharply in the past several decades due to foreign competition. Some of the