IRA vs 401k

Retirement Options

Finanace

Bankruptcy Judge Lets Tyson Feed 54,000 Cows Amid Ranch Feud

by

(Bloomberg) -- A U.S. bankruptcy judge protected a much-needed cash infusion for Easterday Ranches Inc., helping ensure that its 54,000 cattle will continue to eat.The cattle farm in Washington state filed for Chapter 11 bankruptcy on Monday after its only customer, Tyson Fresh Meats Inc., sued for more than $200 million, claiming it was being billed for the upkeep of bovines … [Read more...] about Bankruptcy Judge Lets Tyson Feed 54,000 Cows Amid Ranch Feud

Qualcomm stock drops despite earnings beat, as sales come in slightly short

by

Qualcomm Inc. shares dropped in the extended session Wednesday, after the chip maker’s revenue came in slightly lower than expected while earnings topped expectations. Qualcomm QCOM, -1.51% reported fiscal first-quarter net income of $2.46 billion, or $2.12 a share, compared with $925 million, or 80 cents a share, in the year-ago period. Adjusted … [Read more...] about Qualcomm stock drops despite earnings beat, as sales come in slightly short

SEC Hunts for Fraud in Social-Media Posts Hyping GameStop

by

(Bloomberg) -- U.S. Securities and Exchange Commission investigators are combing social media and message board posts for signs that fraud played a role in dizzying stock swings for GameStop Corp., AMC Entertainment Holdings Inc. and other companies, according to people familiar with the matter.The scrutiny is being done in tandem with a review of trading data to assess whether … [Read more...] about SEC Hunts for Fraud in Social-Media Posts Hyping GameStop

Cannabis stocks rally anew as $7 billion GW Pharma deal spurs interest in weed and its medical benefits

by

Cannabis stocks rallied anew on Wednesday, spurred on by news of a $7 billion deal for the first company to win U.S. regulatory approval for a cannabis-based drug, a move that’s expected to boost investor interest in the plant and its medical benefits. GW Pharmaceuticals Ltd. GWPH, +45.33%, developer of Epidiolex, the drug that won U.S. Food and Drug … [Read more...] about Cannabis stocks rally anew as $7 billion GW Pharma deal spurs interest in weed and its medical benefits

ON24 stock jumps 54% after IPO

by

The software IPO craze continued Wednesday with shares of video-marketing company ON24 surging on their first day of trading. Shares of ON24 ONTF, +43.60%, which makes software that allows marketers to host webinars and other virtual events, jumped 54% after opening on the New York Stock Exchange. The first trade was issued for $77 a share at 12:08 p.m. … [Read more...] about ON24 stock jumps 54% after IPO

Ally Invest, other brokerages face disruptions amid ‘unprecedented’ trading volume

by

A number of major brokerages reported technical difficulties this week, days after high volume paralyzed the trading platforms in the midst of a WallStreetBets-fueled frenzy.Elevated interest in stock market bets, combined with turnover from unhappy customers switching platforms, triggered service problems at Ally Invest (ALLY) and brief outages at other brokerages like TD … [Read more...] about Ally Invest, other brokerages face disruptions amid ‘unprecedented’ trading volume

‘I was discarded after 40 years of marriage’: Can my ex-husband file a joint tax return without my consent? He tried to take both my stimulus checks

by

Dear Moneyist, I’m 62 years of age, I have stopped working and I am currently receiving Social Security. My husband is intending to file a joint tax return, and told me straight out that he does not intend to give me any of our joint tax return, because he said that I am no longer working. What can I do about this? I was discarded after 40 years of marriage. He … [Read more...] about ‘I was discarded after 40 years of marriage’: Can my ex-husband file a joint tax return without my consent? He tried to take both my stimulus checks