Investing

The recent decision by Illinois lawmakers to impose a new tax structure on online sports betting has sent shockwaves through the industry, and for good reason. With taxes on the first 20 million bets set at 25 cents and escalating to 50 cents thereafter, investors are justifiably rattled. Stocks of major players like DraftKings and

The U.S. stock market has been a rollercoaster of emotions lately, with rising uncertainty regarding trade tariffs and fluctuating earnings reports affecting investor psychology. During such tumultuous times, dividend stocks can serve as a beacon of stability. Such stocks, particularly those with solid fundamentals and consistent returns, are often seen as excellent additions to portfolios

In the fiercely competitive rideshare market, Lyft (LYFT) has been on a tumultuous path since its inception. With a current market valuation of $6.86 billion, one can’t help but point out that the ride-sharing giant seems to be stuck in the shadow of its larger rival, Uber, which commands a staggering 75% of the U.S.

In an era where government entities consistently find themselves entangled with technology firms, the recent announcement of Fannie Mae’s collaboration with Palantir Technologies can best be described as a double-edged sword. While the stated goal of enhancing fraud detection in mortgages seems laudable at face value, one can’t ignore the complexities this partnership introduces into

The U.S. budget deficit has eclipsed the $1 trillion mark, triggering concerns that reverberate throughout the investing community. It’s no secret that economic hurdles influence stock performance, yet these tumultuous times can also reveal hidden gems for the discerning investor. While some may feel overwhelmed by financial uncertainty, history shows that downturns can pave the

The recent surge in nuclear power stocks is not just a fleeting market reaction; it signifies a resurging interest in the potential of nuclear energy as a viable solution to America’s energy needs. President Donald Trump’s executive orders aimed at revamping the Nuclear Regulatory Commission (NRC) and accelerating the deployment of small advanced reactors represent

The landscape of mergers and acquisitions (M&A) has recently witnessed a seismic shift, thanks largely to the Trump administration’s contentious tariff policies. What began as a buoyant start to the year has been jolted by an unexpected policy change that sent ripples through the markets, causing a palpable freeze in dealmaking. Tariffs initially inspired trepidation

In an unexpected twist, the Empire Wind project, crafted by Norwegian energy giant Equinor, is back on track following the cessation order issued by the Trump administration. Originally hailed as a landmark initiative in the realm of renewable energy, Empire Wind 1 stands to be New York City’s first offshore wind farm, promising to deliver

In the unpredictable world of investing, where market fluctuations can turn fortunes into misfortunes, stability has become a coveted trait for many investors. As we head into 2024, it seems that dividends are making a significant comeback. Investors are increasingly drawn to stocks that promise reliable income streams, especially in the oil and gas sector,

In a move that seems counterproductive at best, President Donald Trump has set his sights on resurrecting the beleaguered coal industry in the U.S. by targeting the burgeoning demand for energy from artificial intelligence (AI) data centers. An executive order released in April directs his administration to pinpoint sites with existing coal infrastructure capable of