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Don’t Let Exxon Mobil’s 10% Dividend Tempt You; It’s a Value Trap! thumbnail Don’t Let Exxon Mobil’s 10% Dividend Tempt You; It’s a Value Trap! thumbnail

Don’t Let Exxon Mobil’s 10% Dividend Tempt You; It’s a Value Trap!

By 2 months ago

Mobil’s dividend yield recently hit double-digit levels. The supermajor’s dividend payments are currently debt-financed. The losses and revenue declines are likely to force the oil giant to rethink its dividend policy. This has been an eventful year for Exxon Mobil. Last month, the oil giant was booted from the Dow index despite being the largest […]

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TikTok Makes Its Case for Last-Minute Reprieve From U.S. Download Ban

By 2 months ago

TikTok’s lawyers made their case to a federal judge Sunday for postponing the Trump administration’s proposed ban on downloads of the popular video-sharing app, set to take effect around midnight. Judge Carl Nichols of the U.S. District Court in Washington, D.C., said Sunday morning that he would decide by the end of the day whether…

PlayStation Spider-Man Upgrade Snub Sets a Troubling Precedent thumbnail PlayStation Spider-Man Upgrade Snub Sets a Troubling Precedent thumbnail

PlayStation Spider-Man Upgrade Snub Sets a Troubling Precedent

By 2 months ago

Sony has confirmed PS4 owners of Marvel’s Spider-Man will need to pay for an upgrade to the remastered PS5 version. The news once again highlights the lack of clarity in the gaming giant’s backward compatibility messaging. Spider-Man: Remastered may be illustrative of what to expect from PS5 versions of other major first-party PS4 titles. In […]

U.S. Stock Market Is Starting to Price in Dire State of the Economy thumbnail U.S. Stock Market Is Starting to Price in Dire State of the Economy thumbnail

U.S. Stock Market Is Starting to Price in Dire State of the Economy

By 2 months ago

Shocking economic data shows the U.S. economy has sunk, and real inflation has shot up. The U.S. stock market may be beginning to price in the terrible state of the real economy. Yelp released a damning report on Wednesday, revealing business closures across the U.S. have soared because of the pandemic. Meanwhile, the ‘Cantillon Effect’ […]

Trump & Biden Worked Together to Make Election Night a Disaster thumbnail Trump & Biden Worked Together to Make Election Night a Disaster thumbnail

Trump & Biden Worked Together to Make Election Night a Disaster

By 2 months ago

Both parties have cast enough doubt on this year’s election that half of the voters won’t trust the result. That lack of trust in the results could create widespread unrest. Election night and its aftermath could be a dangerous tipping point in American history. Last week, reports that Donald Trump won’t commit to a peaceful […]

Luis Suarez Doesn’t Deserve His Brutal Barcelona Departure thumbnail Luis Suarez Doesn’t Deserve His Brutal Barcelona Departure thumbnail

Luis Suarez Doesn’t Deserve His Brutal Barcelona Departure

By 2 months ago

Luis Suarez has left Barcelona after becoming their third highest goalscorer.The Uruguayan has signed for bitter La Liga rivals Atletico Madrid.Football fans are not happy about the way the striker has been kicked out of the Catalan club.Luis Suarez: a Barcelona greatLove him or hate him, Luis Suarez is one of the finest strikers to […]

Here’s Why the 60/40 Approach to Investing Is Dead thumbnail Here’s Why the 60/40 Approach to Investing Is Dead thumbnail

Here’s Why the 60/40 Approach to Investing Is Dead

By 2 months ago

Simple and easy to implement, a 60/40 portfolio allocation has worked well in the past 40 years.This investing rule might not work in the coming years as bond yields are very low.Investors should diversify into other assets, such as gold.You’ve probably heard of the 60/40 portfolio allocation as many investment advisers use this investing rule. […]

Partisan Conflict Heightens as Election Nears…

By 2 months ago

WASHINGTON—President Trump’s formal nomination of Judge Amy Coney Barrett to the Supreme Court on Saturday moves the partisan fight over the seat to a new phase, as Republicans sprint to get the president’s third high-court pick confirmed ahead of Election Day. The nomination battle now shifts to Judge Barrett’s qualifications and record…

Grocers Stockpile, Build ‘Pandemic Pallets’…

By 2 months ago

Grocery stores and food companies are preparing for a possible surge in sales amid a new rise in Covid-19 cases and the impending holiday rush. Supermarkets are stockpiling groceries and storing them early to prepare for the fall and winter months, when some health experts warn the country could see another widespread outbreak of virus…

Maggie Lena Walker, the daughter of a slave who built a bank

By 2 months ago

Citigroup Inc. recently announced that Jane Fraser would become its chief executive next year, making her the first woman CEO of a major Wall Street bank. If Ms. Fraser has finally cracked the glass ceiling, it was Maggie Lena Walker who first battered down the walls. The daughter of a former slave, Walker became the…

Microsoft Has Nuked the Console War – Here’s How thumbnail Microsoft Has Nuked the Console War – Here’s How thumbnail

Microsoft Has Nuked the Console War – Here’s How

By 2 months ago

Microsoft has claimed that they don’t want to fight the console wars anymore.Game Pass has made the company less reliant on hardware sales alone.While its competitors keep fighting on old battlefronts, Xbox is changing the way people game.The console war no longer interests Microsoft. The company has proven that it’s committed to taking an untraditional […]

Meghan Markle Court Case Explained: The Battle Lines Are Drawn thumbnail Meghan Markle Court Case Explained: The Battle Lines Are Drawn thumbnail

Meghan Markle Court Case Explained: The Battle Lines Are Drawn

By 2 months ago

We now know exactly when the court battle between Meghan Markle and Associated Newspapers will take place.Both sides are confident of winning, and both have made their initial claims.Battle lines have been drawn – the future of entertainment media coverage is at stake.With the preliminary hearing now concluded for the Meghan Markle vs. Associated Newspapers […]

Caesars, Apollo make takeover approaches for UK bookmaker William Hill - Fox Business thumbnail Caesars, Apollo make takeover approaches for UK bookmaker William Hill - Fox Business thumbnail

Caesars, Apollo make takeover approaches for UK bookmaker William Hill – Fox Business

By 2 months ago

British bookmaker William Hill PLC said it has received takeover proposals from Caesars Entertainment Inc. and Apollo Management International LLP, the latest sign of global interest in the growing U.S. sports-gambling market. Sports betting in the U.S. was booming before the pandemic, and the monthslong shutdown of casinos for social distancing this year underscored the…

President Trump Nominates Amy Coney Barrett for Supreme Court thumbnail President Trump Nominates Amy Coney Barrett for Supreme Court thumbnail

President Trump Nominates Amy Coney Barrett for Supreme Court

By 2 months ago

Now Playing 9/26/2020 7:06PM      President Trump formally nominated Amy Coney Barrett on Saturday to fill the vacant Supreme Court seat left by the late Justice Ruth Bader Ginsburg. Photo: Carlos Barria/Reuters Up Next Editor Picks Shelf 2:05 Anthony Fauci on What It Will Take to Put Covid-19 Behind Us 9/16/2020 9:37PM 9/16/2020 5:13 Some Covid-19…

Everybody vs. the App Store: Why companies are taking issue with Apple's growing revenue engine - Fox Business thumbnail Everybody vs. the App Store: Why companies are taking issue with Apple's growing revenue engine - Fox Business thumbnail

Everybody vs. the App Store: Why companies are taking issue with Apple’s growing revenue engine – Fox Business

By 2 months ago

A host of companies, including Facebook Inc., Spotify Technology SA and “Fortnite” maker Epic Games Inc., are challenging the way Apple Inc. runs its App Store. The App Store generates at least $15 billion in annual sales for the tech giant, according to analysts’ estimates. Critics say Apple takes too big a cut of app…

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