A Tesla Inc. vehicle charges at a charging station in San Mateo, California, U.S., on Tuesday, Sept. 22, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Jefferies Financial Group — Shares of the financial services firm jumped more than 14% following the company’s third quarter
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On Wednesday, a New York State judge rejected Eric Trump’s request to delay an interview with the state Attorney General’s office investigating the Trump family’s real estate business dealings. In his ruling, the judge ordered the President’s son to answer questions, under oath, by October 7th. Which begs a different question: is Eric Trump the
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Eric Trump speaks in Portsmouth, NH on Sept. 17, 2020. Eric Trump, son of President Donald Trump, makes a stop in Portsmouth during one stop on his ‘Make America Great Again!’ tour. Erin Clark | Boston Globe | Getty Images A lawyer for the New York attorney general’s office argued Wednesday that President Donald Trump‘s
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Interactive Brokers’ clients were greeted with an email informing them of an increase in margin requirements leading up to the November elections in the United States. The letter states that initial margin requirements will rise up to 35% from normal levels starting September 28th through October 23rd. Maintenance margin requirements will increase in a similar
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US stocks dropped on Wednesday, led by technology shares, after Federal Reserve officials highlighted the need for Congress to agree on a new round of stimulus to support the economic recovery. The S&P 500 lost 2.4 per cent in a reversal that accelerated toward the close, marking its fifth down day in six trading sessions.
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An AWS Ground Station satellite antenna at one of the company’s data center in Boardman, Oregon. Amazon Microsoft will offer a new service called Azure Orbital that connects satellites directly to its cloud computing network, the company announced at its Ignite conference Tuesday. The service will begin in a “private preview” to a select group of
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Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019. Tingshu Wang | Reuters Check out the companies making headlines after the bell: Nike — Shares of the athletic retailer soared more than 9% in extended trading on Tuesday after reporting better-than-expected fiscal first quarter earnings. Nike reported earnings of 95
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Smart home technology can reduce the risk of indoor Covid transmission. Delos – Anthony Barcelo (Photographer) The Centers for Disease Control posted updated Covid-19 transmission information on its website last Friday and removed it on Monday, claiming the posting was done in error with draft copy. The crucial information in the update concerned aerosols and
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Chicago is wrestling with budget troubles that have been exacerbated by the COVID-19 pandemic.Bloomberg News Chicago is considering using debt to bide time for a post COVID-19 fiscal recovery, Chief Financial Officer Jennie Huang Bennett told City Council members Monday. Bennett and various stakeholders and financial experts engaged in a deep dive into potential revenues
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Are you a frequent flyer? Do you find even airlines’ first-class service more frustrating than fulfilling?  You can charter a jet, but the greatest freedom comes when you own one. Before you buy, though, you should consider whether the investment is truly justified. Depending on size, range, model, and features, a private jet can set you
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Donald Trump’s path to installing a new Supreme Court justice appeared to clear on Tuesday as key Republican senators said they backed holding a vote on his nominee. The US president said he would announce his pick on Saturday at the White House. Amy Coney Barrett, a 48-year-old federal appeals court judge favoured by religious
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As you can see in the following chart, the Aberdeen Standard Physical Gold Shares ETF (NYSEARCA:SGOL) has taken a bit of a hit in line with the recent selloff in gold. It is my belief that this selloff represents a solid buying opportunity. I believe the key drivers of the price of gold have lined
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Affiliated with Freedom Financial Network, a company that provides consumer advocacy services, Freedom Plus is an online lender providing loans starting at 7.99% annual percentage rate (APR). Applicants who don’t live in states where Freedom Plus disburses loans will instead be directed to the company’s lender partners, who will walk them through their options. Our
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Nikola Motor Company Source: Nikola Motor Company In recent months, three story lines have captivated Wall Street: SPACs, electric vehicle companies and the rise of retail traders. The outsized success of the first two, and novice investors entering the market in record numbers, have led some investors to claim this is an indication of froth.
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Nikola Motor Company Two truck Source: Nikola Motor Company Check out the companies making headlines after the bell:  Nikola — Shares of Nikola fell about 1% in extended trading, adding to steep losses on Monday. The decline came after Nikola founder and executive chairman Trevor Milton announced his resignation overnight. Milton’s departure follows short seller
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A bi-directional arrow symbol on an asphalt road. getty Home prices are skyrocketing in most U.S. markets despite COVID- 19, a recession and a shockingly high unemployment rate. Many analysts are speculating that part of the boom in house prices is caused by COVID-19 – that some people are concerned about COVID-19 contagion and don’t
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Scott Heins | Getty Images News | Getty Images Mom-and-pop landlords are in a worse financial position relative to their higher-earning peers as unemployment remains elevated and Americans continue to struggle to pay rent, according to a new analysis. Roughly a third of individual landlords who own residential property are from low- to moderate-income households
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With President Trump’s new tax law, the child tax credit was raised from $1,000 to $2,000 per child for 2018 and 2019.  Having qualified dependent children may also allow you to claim other significant tax credits, including the earned income credit (EIC). Together, the tax savings can be significant for many American families. However,
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Welcome to Orchid’s Gold Weekly report. We discuss gold prices through the lenses of Aberdeen Standard Physical Gold Shares ETF (SGOL). Investment thesis SGOL is in sell-off mode, pressured by a stronger dollar environment. Although the outcome of the latest FOMC meeting was dovish, it was largely priced in by the market, hence a lack
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