Allen Frame 
It’s not every day that an insurance company gets fined $4 million for failing to properly manage a RoaringKitty, providing schaden-fodder for retail traders on social media. But with summer almost over, the news cycle clearly wants to live a little. Massachusetts regulators have fined MassMutual $4 million for failing to notice that its former … Read more
Every investor wants a sure return – that’s the way to make money in the markets, after all. With the main indexes all showing strong gains for the year (19% on the S&P 500, and 18% on the NASDAQ), those returns are clearly on the table. But there are some shorter-term downward moves, and plenty … Read more
The Dow Jones Industrial Average fell 200 points Friday, as Apple stock sold off below a key level in today’s stock market. Four top growth stocks to buy and watch are Copart, Deckers, Revolve and ZoomInfo. X Among the Dow Jones leaders, tech titan Apple (AAPL) sold off 1.4%, while Microsoft (MSFT) moved down 0.9% … Read more
Text size Rarely is there an easy tax-reform option on the table. That makes Democrats’ decision about the step-up in basis all the more surprising. Rod Lamkey/Pool/Getty Images About the author: Daniel N. Shaviro is the Wayne Perry professor of taxation at NYU Law School. Often in tax policy, we face a tradeoff between fairness … Read more
The stock market remains at the most expensive levels ever. Plus, it is still extremely overbought on a technical basis, too. This tells us that a drop is probably coming soon, cautions Mary Anne and Pamela Aden, market timing experts and editors of The Aden Forecast. We’ll start with the stock to bond ratio, which compares the strength in … Read more
Leaving a gratuity at an American restaurant was all but mandatory before the coronavirus pandemic. But as COVID-19 lingers, customers have discovered a new requirement: tipping on takeout orders – seriously. And by “takeout,” I mean that you’re picking up your order in the restaurant. No meals delivered to your table. No water refills. Just … Read more
Great Aunt Jane just died and left you the lake house in her will. But before you sell it, try to answer this brainbuster. How much did it cost? More specifically, how much did Great Aunt Jane pay for the house, and when? Or did she inherit it from someone else? What if she bought … Read more
If you thought your portfolio has been badly hit by China’s ever-widening crackdown, check out these numbers. Pinduoduo founder Colin Huang’s wealth has dropped by an astonishing $27 billion this year, according to the Bloomberg Billionaires Index. The e-commerce company’s American depositary receipts have fallen 44% year-to-date, as Beijing has targeted tech giants and U.S.-listed … Read more
Oregon-based coffee chain Dutch Bros (BROS) tumbled sharply on Friday, taking a breather after a breathtaking post-initial public offering (IPO) that saw the stock post double-digit gains two days in a row. After pricing earlier this week at $23 per share, Dutch Bros came to market on Wednesday at a higher-than-expected $32.50 and soared as … Read more
One caller during Wednesday’s “Lightning Round” segment of Mad Money asked Jim Cramer about NIO Inc. (NIO) : “Pass, pass, hard pass. I’m not fooling around anymore,” was his answer. We reviewed the charts of NIO back on July 9 when Cramer was also quizzed about NIO on Mad Money. At the time Cramer told viewers … Read more