Chicagoans are getting a break when it comes to paying a soft drink tax but it may not last.
A penny-an-ounce soda pop tax wasslated to take effect on July 1, but its imposition was put off by a local judge after the state retail merchants association and a group of local grocers challenged its legality. On Tuesday, the judge is expected to set a date for a hearing.
Industrial conglomerate General Electric (GE, $23.19 as of Oct. 18) stunned income investors in 2009, in the wake of the financial crisis and bear market, with a then-unthinkable cut to its longstanding dividend. But after years of trying to regain Wall Streets trust by rebuilding its payout to shareholders, fears of another reduction are mounting just as the company prepares to release its latest....More>>>
The odds of a Fed rate hike in September just soared after U.S. Federal Reserve Chair Janet Yellen said the argument for raising interest rates has strengthened.
Yellen made the comment Friday at the Fed’s symposium in Jackson Hole, Wyo. But she wasn’t the only Fed official who spoke. Vice Chair Stanley Fisher suggested the Fed might actually raise rates twice this year.....More>>>
CBIS stock, or Cannabis Sciences Inc. (OTCMKTS: CBIS), is up another 13% today (Thursday) after it soared 30% Wednesday.
Based in Colorado Springs, Colo., Cannabis Sciences develops a wide range of cannabinoid-based pharmaceutical products. CBIS stock is running ahead of the multistate marijuana legalization vote on Nov. 8.
And this is just the most recent surge for Cannabis Sciences....More>>>
Exploiting the famous January effect on Wall Street isnt as easy as it looks.
Im referring to the well-known tendency for stocks of the smallest companiesso-called small capsto significantly outperform large-cap stocks during January. Since 1926, according to data compiled by University of Chicago professor Eugene Fama and Dartmouth professor Kenneth French, small caps in January have beaten....More>>>
Pipeline giant Kinder Morgan (NYSE:KMI) has been on the upswing in recent days after reporting better than expected Q3 2016 results. The company was able to hit most of the marks analysts were looking for, lowering debt and leverage as well as providing a crucial update to its capital return (dividends) plans.
Issued by state and local governments, municipal bonds yield an average of just 2.5%. But you wont owe a penny in federal tax on most types of muni-bond income, and you can get a break on state taxes, too, if you invest in munis issued in the state where you reside. For instance, if you live in a state with a stiff income tax, such as California, and are in the top combined federal and state....More>>>
Dividend cover for UK’s largest listed companies, a measure of how sustainable dividends are and is calculated by dividing profit after tax by the dividends paid out to shareholders, stands at its lowest level since 2009, according to new research conducted by online stockbroker The Share Centre. For those investors seeking income the findings and trend may well be of concern.
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
This article is reprinted by permission from NextAvenue.org.
Upon turning 60 recently, I came to the realization that other than family, work and community service, I was living for my next pilgrimage. Ive been taking pilgrimages since high school. Im not talking about a religious journey