Markets Independence Day falls on a Monday in 2022, so the bond and stock markets will enjoy a long holiday weekend. Here’s a look at the markets’ holiday hours.Through the sheer luck of the calendar, investors will be able to enjoy yet another long Fourth of July weekend away from their brokerage accounts. That’s because… Continue reading Is the Stock Market Closed for the Fourth of July in 2022? | Kiplinger
Stock Market Today: S&P Suffers Worst First Half Since 1970 | Kiplinger
A broad down day for the major indexes put the cherry on the melted sundae that was the stock market’s first half of trading in 2022. The S&P 500 declined 0.9% on Thursday to 3,785, securing a 20.6% decline for the year’s first six months – its worst such performance since bombing out by 21% during 1970’s… Continue reading Stock Market Today: S&P Suffers Worst First Half Since 1970 | Kiplinger
Larry Summers warns a recession sparked by a self-fulfilling process is looking more likely now
Former Treasury Secretary Larry Summers thinks the chances of a recession this year are rising, and it could set in sooner than anticipated. “The risks of a 2022 recession are significantly higher than I would have judged six or nine weeks ago,” Summers told Bloomberg Television. He noted that a downturn sparked by a “self-fulfilling… Continue reading Larry Summers warns a recession sparked by a self-fulfilling process is looking more likely now
Kohl’s plummets 20% as the retailer ends talks with Franchise Group for $8 billion buyout
Kohl’s stock sank 20% on Friday after the company announced it ended talks to sell itself to Franchise Group. Shares were trading at $28.24 as of 10:25 a.m. ET, down from yesterday’s close of $35.71. “Despite a concerted effort on both sides, the current financing and retail environment created significant obstacles to reaching an acceptable… Continue reading Kohl’s plummets 20% as the retailer ends talks with Franchise Group for $8 billion buyout
Economic barometer copper sinks deeper into a bear market after worst quarter in a decade amid global slowdown fears
Copper prices in London fell as much as 3.6% to $7,959 a ton on Friday, diving deeper into a bear market after suffering the worst quarterly loss in a decade. The commodity, an often seen as a barometer to gauge the global economy, fell to its lowest point since February 2021, as recession fears also… Continue reading Economic barometer copper sinks deeper into a bear market after worst quarter in a decade amid global slowdown fears
PHD Chamber of Commerce and Industry of India partners with digital platform directory openbusinesscouncil.org, by ztudium, to build a global digital blockchain certification for its members and o…
, /PRNewswire/ — The Memorandum of Understanding was signed on the 13th of June 2022, between the PHD Chamber of Commerce and Industry (PHDCCI), India and the business digital directory platform openbusinesscouncil.org created and powered by ztudium group. The goal: to establish and develop commercial and digital trade corridors and links between the PHDCCI business… Continue reading PHD Chamber of Commerce and Industry of India partners with digital platform directory openbusinesscouncil.org, by ztudium, to build a global digital blockchain certification for its members and o…
The CFTC just charged a bitcoin firm with operating the ‘largest ever fraud’ involving the cryptocurrency
The Commodities Futures Trading Commission on Thursday charged Mirror Trading International and the firm’s owner, Cornelius Steynberg, with fraud, claiming the company operated as a fraudulent multi-level marketing scheme that scammed billions from investors. “This action is the largest fraudulent scheme involving Bitcoin charged in any CFTC case,” the commission said in a statement. Investors… Continue reading The CFTC just charged a bitcoin firm with operating the ‘largest ever fraud’ involving the cryptocurrency
How to Get a Small Business Loan and Navigate the Tax Implications
If you’re hoping to understand how to get a small business loan, loans obtained through the federal government’s Small Business Administration (SBA) are a great option. But how can you qualify for these loans and how will they affect your taxes? Get every dollar you deserve with unlimited tax advice from experts who know self-employment… Continue reading How to Get a Small Business Loan and Navigate the Tax Implications
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