AMC is targeting the huge debt burden with the special “APE” dividend.

AMC is targeting the huge debt burden with the special “APE” dividend.

AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its special “APE” dividend after the market close on Thursday. This, of course, is a company that is no stranger to bold moves, as evidenced by the movie chain’s $ 27.9 million investment in the Hycroft Mining Holding Corp. HYMC gold and … Read more

Opinion: The S&P 500 is so close to breaking through this crucial level and challenging the bear market trend line

Opinion: The S&P 500 is so close to breaking through this crucial level and challenging the bear market trend line

The S&P 500 Index may be in the process of securing two major bullish SPXs, -0.12% milestones. First, the S&P rose from that mid-June low to the major resistance at 4170. A two-day close above that level would be quite bullish and set the stage for a downtrend line challenge that defines this bear market. … Read more

How to find an LGBTQ ally financial advisor or advisor

How to find an LGBTQ ally financial advisor or advisor

Personal finances can be particularly daunting for members of the LGBTQ + community, who have faced exclusion and discrimination from their families and from financial and governmental institutions. According to an analysis by the Human Rights Campaign Foundation, gay men earn about 69 cents per dollar to their straight peers and lesbians earn about 89 … Read more

Because US lawmakers want bitcoin and ether to be under the control of the CFTC

Because US lawmakers want bitcoin and ether to be under the control of the CFTC

WASHINGTON – Leaders of a Senate committee will propose legislation that would assign oversight of the two largest cryptocurrencies, bitcoin and ether, to the federal agency that regulates milk futures and interest rate swaps. Senate Agriculture Committee Chair Debbie Stabenow and high-ranking Republican John Boozman of Arkansas are planning to introduce a bill on August … Read more

Tesla Investors Urged to Vote Against Board Members, Over Shareholder Proposals by Influential Advisory Services

Tesla Investors Urged to Vote Against Board Members, Over Shareholder Proposals by Influential Advisory Services

Two prominent and influential proxy consulting firms are urging Tesla Inc. investors to vote against the re-election of two directors and recommend challenging the wishes of the company and voting on six of the eight shareholder proposals. Tesla TSLA, + 0.04% is facing several employee-related disputes and is caught in the spotlight on CEO Elon … Read more

Opinion: Fidelity’s bitcoin move gets all the wrong publicity

Opinion: Fidelity’s bitcoin move gets all the wrong publicity

What would Ned Johnson do? The late, great Fidelity Investments honcho transformed his family’s Boston-based money management company into one of the largest in the world over the course of a long career. Johnson died on March 23 this year at the age of 91. On April 26, just over a month later, his daughter … Read more

‘Continued deceleration of housing prices.’ Here’s what 5 economists and real estate professionals predict will happen to the real estate market this year

‘Continued deceleration of housing prices.’  Here’s what 5 economists and real estate professionals predict will happen to the real estate market this year

What will happen in the real estate market this year? Getty Images When will house price growth really slow down? Will mortgage rates continue to rise? What do i need to know if i am looking to buy a home now? These are all questions we hear from readers, colleagues, and others, so we’ve asked … Read more

FAANGs aren’t what they used to be, so watch out for bear market rebounds says hedge fund manager

FAANGs aren’t what they used to be, so watch out for bear market rebounds says hedge fund manager

It’s been a bit of a rally. The S&P 500 SPX he is starting the week at a seven-week high, buoyed by hopes for a less aggressive Fed and a sense that earnings pessimism was exaggerated. The benchmark equity index rose 12.6% from its recent June low, having achieved its best July performance since 1939, … Read more

Argentina: markets rejoice over the new minister, but for how long?

Argentina: markets rejoice over the new minister, but for how long?

BUENOS AIRES – Markets rejoice over Sergio Massa’s arrival as Argentina’s third economy minister in less than a month, but analysts warn that more details are needed on his plans to get the South American country out of its dire economic straits. The local currency, the peso, strengthened strongly in the financial market on Friday, … Read more

The 2nd state of Mexico begins avocado exports to the US market

The 2nd state of Mexico begins avocado exports to the US market

MEXICO CITY — US consumers will finally have the chance to try Jalisco avocados after 25 years in which neighboring Michoacan was the only Mexican state allowed to send the green fruit to the US market. This could help with prices, which have soared to over $ 2 per fruit this year in a drop … Read more