How SEC Regs Will Change Cryptocurrency Markets
07/31/2023 23:48
Distrust of governments' traditional role as issuers of so-called "fiat money" has fueled the phenomenal growth of cryptocurrency markets in recent years. Now that growth is rapidly educating the crypto industry about another key government function—that of regulating financial markets and securities trading. The U.S. Securities and Exchange Commission (SEC) is leading the push to subject cryptocurrency markets to the full spectrum of financial regulations the agency oversees.

TipRanks
‘It’s a Profitable Time’: Billionaire Ken Fisher Stays Heavily Invested in These 2 ‘Strong Buy’ Stocks
We have just been through a period of abundant stock market gains, but that is no coincidence, according to one legendary stock picker. Ken Fisher calls the last 9 months the “midterm miracle.” That is, history has shown that the 9 months starting October of a midterm election year turn out to be the most consistently profitable period in the stock market in all stock market history. With the huge strides made since October 1 last year, this scenario has played out in a “picture perfect” way. Bu

TipRanks
Seeking at Least 9% Dividend Yield? This 5-Star Analyst Suggests 2 Dividend Stocks to Buy
“What lies ahead for the stock market?” That’s the burning question on the minds of every market and economic expert out there, and it’s undoubtedly a challenging one. Inflation has moderated to a reasonable 3% annually, and the job market is showing signs of strength. Stocks are surging, indicating that investors have factored in the risk of a potential recession. However, this leads to a problem highlighted by B. Riley’s chief investment strategist, Paul Dietrich. He points out that the latest

The Wall Street Journal
Trucking Giant Yellow Shuts Down Operations
Yellow, one of the oldest and biggest U.S. trucking businesses, is preparing to file for bankruptcy and is in discussions to sell off all or parts of the business. Yellow, one of the oldest and biggest U.S. trucking businesses, shut down on Sunday, wrecked by a string of mergers that left it saddled with debt and stalled by a standoff with the Teamsters union. What Yellow couldn’t deliver—despite swallowing rivals, getting union concessions and securing a government bailout—was consistent service for customers or profits for investors.

SmartAsset
Buy, Borrow, Die: This is How the Rich Avoid Taxes
Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and preserve more of your wealth. The concept … Continue reading → The post Buy, Borrow, Die: How the Rich Avoid Taxes appeared first on SmartAsset Blog.

Barrons.com
These Stocks Are Moving the Most Today: SoFi, New Relic, XPeng, Nikola, Palantir, Wayfair, and More
SoFi Technologies posts a narrower-than-expected second-quarter loss and raises guidance, New Relic is being acquired, Nikola receives a large order, Palantir shares continue their rally, and Wayfair stock is upgraded.
