ROMUALD MEIGNEUX / SIPA/Shutterstock With an estimated net worth of around $435 billion as of Jan. 15, Elon Musk is far and away the world’s richest person. But these days, he’s getting more attention in his role as an advisor to president-elect Donald Trump. This mainly involves Musk’s position as co-chair of the “Department of Government Efficiency,” or DOGE — a nod to dogecoin, Musk’s favorite cryptocurrency. I’m a Financial Advisor: 4 Investing Rules My Millionaire Clients Never Break Trending Now: Why Skipping a Financial Advisor Could Be Your Biggest Money Mistake As PBS reported, DOGE is not an official…
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Pacira To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Pacira between August 2, 2023 and August 8, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York–(Newsfile Corp. – January 19, 2025) – Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Pacira BioSciences,…
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Aehr To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Aehr between January 9, 2024 and March 24, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York–(Newsfile Corp. – January 19, 2025) – Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Aehr Test…
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we’ll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at the ROCE trend of Old Dominion Freight Line (NASDAQ:ODFL) we really liked what we saw. For those that aren’t sure what ROCE is, it measures the…
WASHINGTON (Reuters) – U.S. President Joe Biden pardoned five people on Sunday, including the late civil rights leader Marcus Garvey, and commuted the sentences of two, the White House said in a statement. Garvey, who died in 1940, was a civil rights leader who was convicted of mail fraud in 1923 and sentenced to five years’ imprisonment, a sentence that was commuted by President Calvin Coolidge in 1927. Human rights organizations credit Garvey as the first man to organize a mass movement among African-Americans. The White House said he created Black Star Line shipping company and founded the Universal Negro…
Last year was a tipping point for crypto, which for the first time made it into the investment mainstream. New spot cryptocurrency exchange-traded funds (ETFs) started trading, crypto emerged as a campaign issue during the presidential election, and Bitcoin (BTC 0.79%) topped $100,000 at the end of the year. So it’s perhaps no surprise that many investors are now looking for ways to invest in crypto in 2025. But which cryptos are worth buying, and just how much exposure should you have to them? Let’s take a closer look. Bitcoin The obvious no-brainer pick here is Bitcoin, which was one…
Important Disclosures Company data is the source for all particular company information quoted. Definitions: The S&P 500 is a stock market index of 500 of the largest companies listed on stock exchanges in the United States. The Nasdaq Composite Index is a stock market index that consists of the stocks that are listed on the Nasdaq stock exchange. S&P Banks Select Industry Index comprises stocks in the S&P Total Market Index that are classified in the GICS asset management & custody banks, diversified banks, regional banks, other diversified financial services and thrifts & mortgage finance sub-industries. Markit CDX North America…
By David Shepardson WASHINGTON (Reuters) -TikTok stopped working for its 170 million American users late on Saturday before a law shutting it down on national security grounds took effect on Sunday, but a day before his inauguration, President-elect Donald Trump said “SAVE TIKTOK!” in a Truth Social post. Trump had earlier said he would most likely give TikTok a 90-day reprieve from the ban after he takes office on Monday, a promise TikTok cited in a notice posted to users on the app. “A law banning TikTok has been enacted in the U.S. Unfortunately, that means you can’t use TikTok…
The S&P 500 (^GSPC) just logged its best week since the November election as a cooler-than-expected inflation reading eased concerns that the Federal Reserve may rule out interest rate cuts for all of 2025. For the week, the S&P 500 jumped more than 3%, while the tech-heavy Nasdaq Composite (^IXIC) rose more than 2.6%. The Dow Jones Industrial Average (^DJI) led the gains, soaring nearly 4%. Markets will be closed for the Martin Luther King Jr. holiday Monday, pushing all attention to President-elect Donald Trump’s inauguration. Investors have been closely tracking where Trump’s tariff and tax policies will land and…
US President Joe Biden delivers his farewell address to the nation from the Oval Office of the White House in Washington, DC, on Jan. 15, 2025. Mandel Ngan | Via ReutersPresident Joe Biden on Sunday posthumously pardoned Black nationalist Marcus Garvey, who influenced Malcolm X and was convicted of mail fraud in the 1920s. Biden also pardoned immigrant rights activist Ravi Ragbir and criminal justice reform advocate Kemba Smith Pradia.Congressional leaders had pushed for Biden to pardon Garvey. Supporters long argued that Garvey’s conviction was politically motivated and an effort to silence the increasingly popular leader who spoke of racial pride.Ragbir…