According to Fairlead Strategies market technician Katie Stockton, small cap stocks may be poised for a comeback. Despite the Russell 2000’s underperformance in the early part of this year, Stockton believes that it is only a temporary setback. In an interview with CNBC’s “Fast Money,” Stockton stated, “We’re kind of convinced that we’ll see small
As tax season approaches, many low- to middle-income families eagerly anticipate the prospect of receiving refunds through the earned income tax credit (EITC). This refundable tax credit, designed to benefit eligible workers, has become a crucial avenue for providing financial support to families with children and limited incomes. However, experts argue that there is room
As tax season approaches, Americans are preparing to file their tax returns. The Internal Revenue Service (IRS) has introduced a new software called Direct File, which aims to provide a simple and free filing option for eligible taxpayers. This article will explore the features of Direct File and its potential impact on the filing process.
The relationship between China and the United States has been marked by tensions and uncertainties, particularly when it comes to business and trade. However, Chinese Commerce Minister Wang Wentao recently highlighted the efforts being made to create a more stable and predictable environment for businesses in both countries. Through regular meetings and communication at various
China’s financial institutions have been urged to provide strong support to the country’s struggling real estate sector, rather than withdrawing financing from projects facing difficulties. This call to action comes from a senior Chinese financial regulatory official, in response to Beijing’s recent measures aimed at easing the cash crunch for Chinese developers. The real estate
In a society driven by materialism and social media, the pressure to appear wealthy can be overwhelming. Particularly for affluent millennials, the desire to showcase their success has led to alarming financial habits. According to a recent survey by Wells Fargo, 34% of affluent millennials admit to lying or exaggerating their finances to create an
JPMorgan Chase, one of the largest and most influential banks in the United States, announced several executive role changes on Thursday. These moves involve some of the top contenders for the position of CEO, currently held by Jamie Dimon. The reshuffling aims to provide these executives with new and expanded roles within the organization, preparing
Intel, the largest semiconductor maker by revenue, experienced a drop in shares during after-hours trading following the release of its Q1 2024 outlook. While the company’s latest quarter results beat Wall Street estimates, its projected earnings per share and sales for the first quarter fell short of analyst forecasts. This article will delve into Intel’s
Jeff Bezos, the mastermind behind the tech giant Amazon and its astronomical success, is undeniably one of the most unconventional business leaders of our time. His unique leadership style has not only shaped the way Amazon operates but has also left a lasting impact on those who have had the privilege of working with him.
Severe winter weather is having a significant impact on the housing market in the United States, according to a recent report by real estate company Redfin. While the median home-sale price has been steadily increasing in the first four weeks of January, along with asking prices, winter weather conditions have been hindering sales. This article