China’s economy is showing signs of serious trouble — and the problems are still mounting

China’s post-pandemic rebound hasn’t materialized and it faces mounting economic obstacles. Beijing is grappling with declining trade and foreign investment, a shaky housing market, and deflation.  Experts say most of China’s issues are self-inflicted, and warn that policies must change to improve confidence. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading China’s economy is showing signs of serious trouble — and the problems are still mounting

Why WeWork may be the next hot meme stock

Warning investors you company could be on the verge of bankruptcy is not as bad as it sounds in meme-stock world.Companies that have recently warned of imminent bankruptcy have seen their stock prices soar.WeWork is the latest company to enter meme status with a surging stock price despite bad news. Loading Something is loading. Thanks… Continue reading Why WeWork may be the next hot meme stock

A hedge fund manager shares 2 ChatGPT prompts and the AI plugin he used to filter top stock picks

Alpesh Patel has been experimenting with ChatGPT’s ability to pick good stocks from the NYSE and Nasdaq. He found that with the right prompts and correct data, it could make phenomenal choices. But it’s not just something you can flick on, there is a process.  The race for the latest and greatest technology for trading… Continue reading A hedge fund manager shares 2 ChatGPT prompts and the AI plugin he used to filter top stock picks

Americans can’t get a break thanks to surging mortgages, food and fuel costs. Here’s all the ways consumers are getting screwed.

The cost of living, eating and driving is going up, leaving consumers with nothing but empty wallets.  Americans can’t get a break financially, largely thanks to higher interest rates and “greedflation.” Here’s all the ways consumers are getting screwed and why.   Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Americans can’t get a break thanks to surging mortgages, food and fuel costs. Here’s all the ways consumers are getting screwed.

US stocks drop after wholesale inflation comes in hotter than expected

Matthew Fox : Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City. Spencer Platt/Getty US stocks fell on Friday after the July Producer Price Index showed higher inflation than expected.The higher inflation report was driven by services, with prices rising 0.3% in July compared… Continue reading US stocks drop after wholesale inflation comes in hotter than expected

FP Answers: What’s the best way to minimize taxes when gifting two rental properties?

Parents want to give their daughter a townhouse and a condo Published Aug 11, 2023  •  Last updated 19 hours ago  •  4 minute read A daughter, whose parents who want to gift her property, is worried about taxes. Photo by Gigi Suhanic/Financial Post photo illustration By Julie Cazzin with Allan Norman Q: My parents own real… Continue reading FP Answers: What’s the best way to minimize taxes when gifting two rental properties?

Stock Market Today: Stocks Close Mixed on Wholesale Inflation Surprise

Stocks closed mixed Friday as market participants weighed a hotter-than-expected reading on wholesale-price inflation. Although select pockets of strength offset some of the selling pressure, by the closing bell two of the three major indexes closed in the red.  Downbeat economic data dominated Friday’s session as market participants digested an unwelcome reading on inflation that… Continue reading Stock Market Today: Stocks Close Mixed on Wholesale Inflation Surprise

Cannabis Linked to Decreased Use of Opioids: This Week in Cannabis Investing

A federally funded study has highlighted one of the many benefits cannabis provides. From December 2019 through November 2021, researchers at the British Columbia Centre on Substance Use and the University of California, Los Angeles surveyed 205 people who used cannabis and opioids without a prescription. Through their survey, researchers learned that nearly 60% of… Continue reading Cannabis Linked to Decreased Use of Opioids: This Week in Cannabis Investing