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  Bloomberg

  Summers, El-Erian Pile Criticism on Fitch Downgrade Decision

  (Bloomberg) -- Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision to downgrade the US given signs of resilience in the world’s largest economy.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PolicePoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election ProbeUS, Europe Growing

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  Bloomberg

  Tupperware Pops with 800% Surge as Meme Trade Burns Shorts

  (Bloomberg) -- Tupperware Brands Corp. has been warning for months that it may go bust, but that isn’t keeping retail investors away from powering an eye-popping rally reminiscent of the pandemic-era meme stock craze.Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellPoland Sends Troops to Belarus Border After Airspace BreachMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceTrump Indicted on Federal Charges in 2020 Election ProbeUS, Europe Growing Ala

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  Investor's Business Daily

  When To Sell Stocks: This Simple Strategy Could Be Best Sell Rule For Growth Stocks

  Knowing when to sell stocks for gains is critical to investors. When your stock punctures the 10-week moving average in enormous volume, the weekly chart is essentially screaming, "This stock is changing in character!" A big reversal of gains after breaking out of a late-stage base and falling 8% below the latest buy point?

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  Reuters

  US IRS to allow full digital document submissions for 2024 tax season

  The U.S. Internal Revenue Service plans to allow taxpayers to submit all documents and correspondence to the agency digitally for the 2024 tax filing season and will convert all paper tax returns to digital documents by the 2025 season, the Treasury Department said on Wednesday. The initiative, part of a decade-long, $60 billion program to modernize systems and improve tax enforcement, will allow taxpayers to digitally submit all correspondence, non-tax forms and responses to IRS notices, the Treasury said.

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  Bloomberg

  Brazil’s Lula Hasn’t Intervened in Fuel Prices, Petrobras CEO Says

  (Bloomberg) -- President Luiz Inacio Lula da Silva has never interfered in way Brazil’s state-controlled oil producer Petrobras adjusts politically sensitive fuel prices, Chief Executive Officer Jean Paul Prates told Bloomberg. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PolicePoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election ProbeUS, Euro

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  Bloomberg

  What Analysts Say About US Credit Downgrade by Fitch

  (Bloomberg) -- The unexpected downgrade of US government debt sent shockwaves across the economic and political landscapes. In financial markets, the move was met with what amounts to a shrug.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PolicePoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election ProbeUS, Europe Growing Alarmed by China’s Rush I