Corporate bankruptcies look likely to hit the highest level in 13 years as the Federal Reserve’s interest rate rises exacts a toll, according to Guggenheim Investments. More than 450 corporations already filed for bankruptcy protection this year through the end of August, eclipsing annual totals for the past two years (see chart). At that pace, …
The Internal Revenue Service will stop processing new claims on a pandemic-era credit for businesses that has become prone to questionable claims and hard-sell tactics from some companies that say they can land payouts for clients. The tax agency said Thursday that its moratorium on processing new employee retention credit claims will continue at least …
U.S. stock indexes closed mostly higher on Wednesday, as investors digested the latest consumer-price index data showing inflation picked up in August, but likely not by enough to prompt a September interest rate hike by the Federal Reserve. How stocks traded The S&P 500 SPX closed up 5.54 points or 0.1% at 4,467.44 and has …
U.S. stocks close mostly higher despite inflation edging up in August Read More »
U.S. stocks remain in a strong bull market despite recent choppiness, as the correlations between 11 S&P 500 sectors and the major index are sending some positive signs, according to DataTrek Research. The S&P 500’s sector correlations to the large-cap index have been below the average since mid-April, which means investors are more focused on …
S&P 500 sector correlations are low, a welcome sign for 2023 bull market, says DataTrek Read More »
U.S. stock indexes finished higher on Monday, boosted by producers of luxury items and services including Tesla, as investors await inflation and retail-sales data later this week that should help guide the Federal Reserve’s interest-rate policy. How stock indexes are trading The Dow Jones Industrial Average DJIA advanced 87.13 points, or 0.3% to 34,663.72. The S&P …
Dow scores third day of gains ahead of coming inflation, retail-sales data Read More »
New York City rents have reached an all-time high, but that doesn’t mean deals and discounts can’t be found. Is it possible to find an affordable rental in the city? Yes, experts say, but it will require a lot of work. “It’s usually not the best idea to try to time the market. Everybody has …
Dear Quentin, My brother just recently passed away in June. Instead of leaving his belongings to his siblings, he chose to donate to charity — that is, his home, furnishings and all of his remaining cash. I don’t understand why he would make such a decision. We are surprised and bewildered. He has left a …
PPC optimizations are critical to improve your paid search advertising campaigns’ performance. Before we get into our top tips, what exactly is PPC optimization? After paid search campaigns are launched, running, and collecting data, optimizations begin. Pay-per-click (PPC) optimization is the process of reviewing, analyzing, and editing campaign elements to improve performance based on business …
The housing market is out of whack. The process of buying a home can be painful, and the unpredictable and counterintuitive dynamics of the current real-estate market don’t help. Painful, in fact, might be an understatement. “It was a hellish experience,” Odeta Kushi, who bought a home last year in the D.C. metro area with …
In 2005, Paula Gallardo and Tania Smith co-founded Mamaheaven, a retreat for new mothers. Fast forward nearly 20 years, and they are now running Menoheaven, twice-yearly retreats in October and May that gather up to 12 women at the Florence House, a Victorian inn one hour south of London. With a naturopath, nutritionist and yoga …
Latest in Wellness Travel: The Menopause Retreat – BRODHEALTH Read More »
