M Getty Images UK Prime Minister Boris Johnson and his partner Carrie Symonds enter Downing Street as the Conservatives celebrate a sweeping election victory on December 13, 2019 in London, England. Markets and investors have two ways to look at the results of the U.K. general election that gave PrimeRead More →
President Donald Trump congratulated Boris Johnson on his election victory early Friday, and said Britain and the U.S. were now free to strike a “massive new trade deal” after Brexit. Johnson’s Conservative Party swept to a landslide victory in the U.K. election on Friday, securing a strong majority in Parliament.Read More →
Roku Inc.’s stock surged more than 400% through the first 11 months of the year, and Morgan Stanley analyst Benjamin Swinburne is concerned that it’s about to head in reverse. Swinburne downgraded Roku shares ROKU, -15.91% to underweight from equal-weight on Monday, writing that the stock looks far too expensive,Read More →
‘I want to make clear that we don’t have any such net bet that the stock market will fall.’ Ray Dalio That’s Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, disputing elements of a Wall Street Journal report on Friday that indicated his fund was putting onRead More →
These days, it’s fairly common for U.S. citizens who live in this country to be married to non-citizen spouses who also live here. Or two non-citizens may get married while living here. In tax lingo, non-citizens who are permanent U.S. residents are termed resident aliens. Unfortunately, standard estate-tax planning adviceRead More →
“If products and services like these are left improperly regulated and without sufficient oversight, they could pose systemic risks that endanger U.S. and global financial stability.” That’s what a group of Democrats on the House Financial Services Committee said to Facebook Inc. on Tuesday, in a letter asking the techRead More →
All the Democrats who are running for president are promising a version of free, universal health care, and it sounds terrific. If the insurance is going to be better than what we have now — and cheaper — I’m all in. You can see the appeal. Cut out a lotRead More →
Third time’s a charm. After two delays last week, Elon Musk’s SpaceX launched its heaviest payload yet Thursday night, launching dozens of satellites that are intended to eventually provide high-speed internet access from space. A reusable Falcon 9 rocket lifted off from Florida’s Cape Canaveral carrying 60 Starlink satellites, weighingRead More →
Apple Inc.’s warning of massively lower revenue for its holiday quarter is an ominous indicator of global economic trends that have already taken a huge bite out of Wall Street, but it shouldn’t be a surprise. Apple AAPL, +0.11% Chief Executive Tim Cook pointedly placed the blame for cutting expectationsRead More →
