Greg Abel invests more skin in the game to the relief of shareholders Author of the article: Bloomberg News Dan Reichl and Katherine Chiglinsky Canadian Greg Abel is the current heir-apparent to investing guru and head of Berkshire Hathaway Warren Buffett. Photo by Jim Wells /Postmedia Greg Abel, who is in line to eventually succeed… Continue reading Warren Buffett’s likely successor — a Canadian — buys $68 million of Berkshire stock
The Best Oil Stocks to Buy Now, According to the Pros
In what could be a boon for the best oil stocks to buy now, OPEC+ agreed to cut crude production by 2 million barrels a day. The move represents the largest reduction in output by the Organization of the Petroleum Exporting Countries and its allies since the height of COVID-19 lockdowns in 2020. OPEC’s move… Continue reading The Best Oil Stocks to Buy Now, According to the Pros
Investing in Emerging Markets Still Holds Promise
Most investors today worry about inflation and the response to it from the Federal Reserve, but it’s time for a longer view. If you’re buying stocks for gains over the next 10 years or more, you need to imagine the contours of the future. A July report from the United Nations gives a hint. Researchers… Continue reading Investing in Emerging Markets Still Holds Promise
Should You Buy the Mobileye Self-Driving Car IPO?
It’s been a couple of weeks since Intel (INTC (opens in new tab), $27.70) subsidiary Mobileye filed an S-1 registration statement with the Securities and Exchange Commission (SEC). However, many details, such as pricing and shares to be sold to investors, have yet to be determined for the company, which makes processors for self-driving cars.… Continue reading Should You Buy the Mobileye Self-Driving Car IPO?
Making a Killing in Cryptocurrency? There’s a Tax on That
The number of people investing in cryptocurrency in recent years seems to be ever-increasing. Several years ago, almost no clients came to us with cryptocurrency in their portfolios. These days, even retirees seem to have it in their portfolio. In our previous article, we talked about generally considering cryptocurrency in your estate plan. This time,… Continue reading Making a Killing in Cryptocurrency? There’s a Tax on That
Leading Bitcoin NFT Marketplace Gamma.io Announces .btc Domain Marketplace
As the platform passes one year since its Bitcoin NFT marketplace was released, Gamma.io has launched a .btc domain marketplace for web3 decentralized identities. , /PRNewswire/ — Gamma.io, the leading open marketplace for Bitcoin NFTs, has announced the launch of its BNS marketplace for .btc decentralized identities and domains, built on the Stacks programming layer… Continue reading Leading Bitcoin NFT Marketplace Gamma.io Announces .btc Domain Marketplace
US stocks close lower after volatile late swings to snap massive 2-day rally.
Carla Mozée Spencer Platt/Getty Images US stocks closed lower Wednesday following volatile swings in the final minutes of the trading session. The S&P 500 energy sector gained on the back of rising oil prices, after OPEC+ decided to cut production by 2 million barrels a day. ADP said jobs at private-sector employers increased by 208,000… Continue reading US stocks close lower after volatile late swings to snap massive 2-day rally.
Oil prices rise after OPEC+ agrees to cut production by 2 million barrels a day, extending a winning streak to a 3rd session
Oil prices rose Wednesday after OPEC+ said it will cut production by 2 million barrels a day starting in November. The group said “uncertainty” surrounding the global economic outlook fed into its decision. President Joe Biden reportedly expressed disappointment over the decision. Loading Something is loading. Oil prices turned higher Wednesday after OPEC and its… Continue reading Oil prices rise after OPEC+ agrees to cut production by 2 million barrels a day, extending a winning streak to a 3rd session