By Robert Powell The House is ready to vote on H.R. 2954, also known as SECURE 2.0 — a major revamp to the landmark 2019 law that overhauled retirement tax rules for older Americans – and the changes could mean even bigger savings for your investment …
Strategist: Government Isn’t the Answer to High Gas Prices
By Dan Weil Gasoline prices have jumped 48% in the past year to $4.24 a gallon. Politicians are offering several solutions. Politicians are floating several ideas to ease the sting of gasoline prices, which have soared 48% in the past year to $4.24 a g…
Micron Stock Chart: The Key Levels to Know Before the Report
By Bret Kenwell Chipmaker Micron’s stock is rallying ahead of the quarterly report. Here are the must-know trading levels. Given the state of tech stocks and the market overall, it’s no surprise that it’s been a mixed run for Micron (MU) – Get Micron T…
Las Vegas Strip Adding a Cannabis-Friendly Hotel
By Daniel Kline A company that operates a marijuana-positive hotel in Phoenix has bought a property just off the famous Las Vegas Strip. Las Vegas, really the whole state of Nevada, has been an odd place for cannabis operators. The state has legalized …
Pfizer, Moderna Win FDA Approval For Second Covid Booster Shot; Shares Gain
By Martin Baccardax The FDA has approved a second booster shot of Covid vaccines made by Pfizer and Moderna for people over the age of 50. Moderna (MRNA) – Get Moderna, Inc. Report shares jumped higher Tuesday, while Pfizer (PFE) – Get Pfizer Inc. Repo…
Cathie Wood Buys Crypto, Workflow, Navigation-Tech Companies
By Dan Weil Cathie Wood’s Ark Investment Management noted that privately held tech stocks are now falling just like publicly held ones. Star investor Cathie Wood, chief executive of Ark Investment Management, on Monday traded some familiar stocks and s…
Biogen’s ALS Drug Won’t Move Forward After Trial Failures
By Vidhi Choudhary Biogen will stop developing a drug to treat a severe neurodegenerative disease, as it did not show sufficient benefit when tested in trials. Patients with amyotrophic lateral sclerosis — known more prominently as ALS or Lou Gehrig’s…
Nielsen Stock Soars After $16 Billion Sale of TV Ratings Group To Private Equity Buyers
By Martin Baccardax Activists Elliot Management will lead a group of private equity buyers paying $16 billion for the TV ratings group. Nielsen Holdings (NLSN) – Get Nielsen Holdings Plc Report shares soared higher Tuesday after a consortium of buyers …
MGM CEO Says One Big Thing Has Helped Las Vegas Casino Business
By Daniel Kline More of it is coming to the Las Vegas Strip including, perhaps, the biggest audience driver of them all. Las Vegas used to be off-limit to most major league sports due to fears over how athletes and the potential to place bets might mix…
Tesla Worries Heat Up As Major Exec Goes MIA
By Tony Owusu Tesla has a history of having high executive turnover, could the company’s head of AI be the next to jump ship? If history is any indication, Tesla (TSLA) – Get Tesla Inc Report could be looking for a new C-suite officer soon. Besides ele…