Is Pinduoduo on Its Way to Becoming a Global Company?

Business Insider
Legendary investor Jeremy Grantham calls Elon Musk a 'wonderful propagandist' and warns home prices will fall 30%. Here are the best 10 quotes from a new interview.
Grantham opined about his experience driving a Tesla, the biggest bubble in world history, and why real estate is in a global bubble.
1d ago
Business Insider
Nvidia stock is a bubble waiting to burst – and the AI rush may be a modern version of 17th-century tulip mania, note says
Nvidia shares could soon plunge just like 17th-century tulips and 1990s dot-com companies did, according to Rebellion Research.
18h ago
The Wall Street Journal
Watching the Real-Estate Bust From the Streets of San Francisco
As it rolls toward downtown San Francisco, the California Street cable car passes the gothic Grace Cathedral and an 8-foot tall statue of Tony Bennett. Among them is 650 California Street, a 34-story office building that has defaulted on its mortgage. Further on is 101 California, whose second-biggest tenant left last year and whose biggest is slashing staff and office space.
10h ago
Barrons.com
Berkshire Sells 4.8 Million Shares of HP; More Sales Could be Coming
Berkshire Hathaway (BRK/A, BRK/B) now owns 110.6 million shares of the maker of personal computers and printers, a stake worth $3 billion. Berkshire accumulated the stake in HP in early 2022 and the sales last week were the first since the company finished buying the stock in April 2022. The recent sales could be a sign that Berkshire CEO Warren Buffett, who oversees the company’s roughly $350 billion equity portfolio, plans to continue reducing the HP stake.
1d ago
Investopedia
Which States Don’t Tax Social Security Benefits?
Generally, only very low-income taxpayers escape the Social Security tax altogether. Eleven states do tax Social Security benefits. One more state, Colorado, taxes only Social Security benefits received by residents under age 65.
1d ago
SmartAsset
Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?
I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I would like to retire at 62 […] The post Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.
19h ago
Business Insider
Investors pulled $19 billion from stocks in the last week, the highest outflow all year amid surging bond yields and Fed jitters
Signs of a recession and a market bubble popping are lining up for the first half of 2024, Bank of America said in a note.
1d ago
Investor's Business Daily
Dow Jones Futures: What To Do With Market In Correction; Is Tesla The Next Leader To Crack?
Friday's bounce fizzled, capping a grim week, with the S&P 500 hitting three-month lows. Tesla is close to breaking, but there are some stocks trying to hold up.
9h ago
Business Insider
US debt interest payments are unsustainable and flash 'huge warning signs' as they take over federal spending, budget expert warns
As US debt explodes, net interest payments are projected to become the single biggest expenditure by 2051, even topping Social Security.
14h ago
SmartAsset
Retired? You May Want Stocks, Not Bonds, to Power Your Portfolio
If you're already retired, it may be time to rethink the role that stocks and bonds play in your portfolio. While conventional wisdom suggests that investors should shift more assets to bonds as they approach retirement, at least one expert … Continue reading → The post Retired? Here's Why Stocks, Not Bonds, Should Still Power Your Portfolio appeared first on SmartAsset Blog.
18h ago
Fox Business
UPS using AI to prevent 'porch pirates' from stealing packages
UPS is leveraging artificial intelligence to prevent "porch pirates" from stealing consumers' packages after they are delivered and recommend the best options for successful deliveries.
2d ago
Barrons.com
Disney Stock Could Climb 50%, J.P. Morgan Says
Walt Disney hosted a parks-focused analyst meeting at Walt Disney World, where speakers included CEO Bob Iger, Disney Parks, Experiences and Products Chairman Josh D’Amaro, and ESPN Chairman Jimmy Pitaro, as well as a number of other executives. On the stock, we have found investors mostly on the sidelines this year as the company works to define its strategic future, but like shares at this level and expect in the next six to 12 months that major questions around Hulu, an ESPN investment, and a linear sale (or not) will be answered, which should give investors more confidence in long-term value creation at the company.
2d ago
Benzinga
'The Cracks Are Starting To Show': Kevin O'Leary Warns That Energy, Food Inflation Isn't Going Away Due To The Trillion Dollars In Printed Money — But He Knows How To Take Advantage
The U.S. stock market has seen robust growth in 2023, with the S&P 500 Index surging by 16%. But according to "Shark Tank" star Kevin O'Leary, it's not all sunshine and rainbows. "The S&P 500 employs 40% of America," he told Fox Business's Larry Kudlow in a recent interview. "Where the cracks are starting to show is in mainstream America where the car loans have gone from 5½% to 9½% and continue to go up." The U.S. Federal Reserve has implemented aggressive interest rate hikes to combat rampant
2d ago
The Wall Street Journal
The IRS Is Going to Know if You Sold Taylor Swift ‘Eras’ Tickets
In a big shift, anyone who took in more than $600 a year from reselling tickets could be in for a tax surprise.
2d ago
Barrons.com
Rates Aren’t Coming Down Soon. But Stocks and Bonds Are Priced to Buy.
The years of ultralow interest rates nurtured a variety of wacky investment ideas. That’s over now. Here’s our guide to some ordinary investments at agreeable prices.
2d ago
The Wall Street Journal
America’s Billionaires Love Japanese Stocks. Why Don’t the Japanese?
TOKYO—Japan’s government is on a mission to make buying stocks hot again. Many of America’s biggest investors are bullish on Japan. Warren Buffett shared that he increased his investments in Japanese companies during an April visit to the country.
7h ago
USA TODAY
Savings account interest rates are best in years, experts say. How to get a high yield.
Too many consumers settle for savings accounts that pay almost no interest. High-yield alternatives aren't hard to find.
1h ago
SmartAsset
Ask an Advisor: Should I Delay Social Security and Rely on My 401(k) for 8 Years? I Have $750k in Savings and a Pension
Is it a viable plan to use my 401(k) for the eight years between retirement (age 62) and the max payout age for Social Security (age 70)? I have about $750,000 and I’m planning to take about $1,700 per month. I already have a pension of about $1,500 per month. –Lynne Waiting to file for […] The post Ask an Advisor: Should I Delay Social Security and Rely on My 401(k) for 8 Years? I Have $750k in Savings and a Pension appeared first on SmartReads by SmartAsset.
18h ago
Fortune
Gen Z is souring on college degrees as a path to success, sociology professor says. They have a good reason: Skills-based hiring is the way of the future
Practice over pedigree is the new normal. College students have gotten the hint.
22h ago
Business Insider
CHART OF THE DAY: Falling job openings raise red flags for the stock market - 'Sell the last hike'
Job openings are down 27% since their March 2022 peak of 12 million, and that suggests to BofA the stock market is likely to follow its direction.
2d ago

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Is Pinduoduo on Its Way to Becoming a Global Company?

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Legendary investor Jeremy Grantham calls Elon Musk a 'wonderful propagandist' and warns home prices will fall 30%. Here are the best 10 quotes from a new interview.

Nvidia stock is a bubble waiting to burst – and the AI rush may be a modern version of 17th-century tulip mania, note says

Watching the Real-Estate Bust From the Streets of San Francisco

Berkshire Sells 4.8 Million Shares of HP; More Sales Could be Coming

Which States Don’t Tax Social Security Benefits?

Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?

Investors pulled $19 billion from stocks in the last week, the highest outflow all year amid surging bond yields and Fed jitters

Dow Jones Futures: What To Do With Market In Correction; Is Tesla The Next Leader To Crack?

US debt interest payments are unsustainable and flash 'huge warning signs' as they take over federal spending, budget expert warns

Retired? You May Want Stocks, Not Bonds, to Power Your Portfolio

UPS using AI to prevent 'porch pirates' from stealing packages

Disney Stock Could Climb 50%, J.P. Morgan Says

'The Cracks Are Starting To Show': Kevin O'Leary Warns That Energy, Food Inflation Isn't Going Away Due To The Trillion Dollars In Printed Money — But He Knows How To Take Advantage

The IRS Is Going to Know if You Sold Taylor Swift ‘Eras’ Tickets

Rates Aren’t Coming Down Soon. But Stocks and Bonds Are Priced to Buy.

America’s Billionaires Love Japanese Stocks. Why Don’t the Japanese?

Savings account interest rates are best in years, experts say. How to get a high yield.

Ask an Advisor: Should I Delay Social Security and Rely on My 401(k) for 8 Years? I Have $750k in Savings and a Pension

Gen Z is souring on college degrees as a path to success, sociology professor says. They have a good reason: Skills-based hiring is the way of the future

CHART OF THE DAY: Falling job openings raise red flags for the stock market - 'Sell the last hike'