New York State lawmakers voted to decriminalize marijuana back in July, and that law has just now gone into effect. CannabizTeam CEO Liesl Bernard joins Yahoo Finance to discuss what decriminalization could mean for job growth in the marijuana and cannabis industries in the state.
It’s a huge milestone for Tesla as the EV-maker enters the blue-chip investment world. Moody’s Investor Research upgraded Tesla’s credit rating to Baa3, which is the first rung on its investment grade ladder for corporate debt, with outlook changed to stable. Previously Moody’s classified Tesla as Ba1, which is the agency’s top rating for high yield corporate, or junk, debt.
The crisis of confidence in banks will soon enter its third quarter. This crisis of defiance, the most serious since the Great Financial Crisis of 2008 caused by subprime mortgages, gives no signs that it will calm down anytime soon. There's Silicon Valley Bank, the bank that started it all.
Saudi Crown Prince Mohammed bin Salman last year directed government-backed Saudi National Bank to make a $1.5 billion investment in Credit Suisse that his financial advisers harbored doubts about.
Bank runs and extreme market volatility – are the shades of 1929 upon us? Probably not, the current situation, while dangerous, is unlikely to trigger an economy-wide depression. The real test, at least according to David Kelly, JPMorgan’s chief global strategist for asset management, will come on Wednesday, at the Federal Reserve’s next interest rate policy meeting. The central bank will have to determine which risk is more urgent, persistent high inflation or a bank crisis, and adjust its rece
Investors need to pay close attention to Silvergate (SI) stock based on the movements in the options market lately.
(Bloomberg) -- Signature Bank’s partial takeover by a competitor is notable for what it doesn’t include: $11 billion of loans against a class of New York City apartments whose values have tumbled in recent years.Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesVanguard Said to Shutter Business in China, Exit Ant VentureJPMorgan Sees Increasi
A divorce is an unfortunate time in anyone's life, as it signifies the end of a likely long-term relationship and marriage. However, it's important to understand the financial ramifications of a divorce as you're going through one. So if you're … Continue reading → The post Is My Spouse Entitled to My Pension in a Divorce? appeared first on SmartAsset Blog.
Analysts don't usually tell investors to sell S&P 500 stocks. So when they do, it's wise to pay attention.
Investors need to pay close attention to PacWest Bancorp (PACW) stock based on the movements in the options market lately.
Reuters Credit Suisse Bondholders Enraged As $17B Of AT1 Debt To Be Written Down To Zero: What It Means Credit Suisse Group AG (NYSE: CS) said 16 billion Swiss francs ($17.24 billion) of its additional tier 1 (AT1) debt, a type of bond, will be written down to zero on the orders of the Swiss regulator FINMA as part of its rescue merger with UBS Group AG (NYSE: UBS). The decision by the Swiss regulator would mean AT1 bondholders may be left with nothing while shareholders, who sit below bonds in
The warehouse club shared some insight that might be useful for members and people who are considering joining the warehouse club.
Investors need to pay close attention to Western Alliance Ban (WAL) stock based on the movements in the options market lately.
Saving through a Roth 401(k) can help you grow a nest egg that you can then tap into in retirement without having to pay taxes. If you leave your job or you're ready to retire, you may be wondering what … Continue reading → The post How to Roll Over a Roth 401(k) to a Roth IRA appeared first on SmartAsset Blog.
High inflation, a banking crisis, rising interest rates, and geopolitical tensions...
BigBear.ai Holdings, Inc. (BBAI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
The Dow Jones rallied even as the latest Fed meeting, led by Jerome Powell, looms. First Republic stock plunged. A Donald Trump stock surged.
The suit follows similar action against celebrity endorsers of FTX like Tom Brady and Madonna.
President Biden vetoed a Republican attempt to strike down the DOL's new ESG rule Monday, which allows retirement plan fiduciaries to consider environmental, social, and governance (ESG) factors when making investments.
(Bloomberg) -- For decades, Switzerland has sold itself as a haven of legal certainty for bond and equity investors. The collapse of Credit Suisse Group AG revealed some unpleasant home truths. In the race to secure UBS Group AG’s purchase of its smaller rival over the weekend, the government invoked the need for stability and emergency legislation to override two key aspects of open markets: competition law and shareholder rights. Then bondholders discovered that $17 billion worth of so-called
Yahoo Finance 
Yahoo Finance Plus