(Photo by Tim P. Whitby/Getty Images) Tim P. Whitby/Getty Images This is the time of the year most people do some soul searching. Where am I and where do I want to be? For those enrolled or entering college, this is always a thorny question. The job market, at present, is fairly robust. There are…
Getty Images Key takeaways The World Bank issued a bleak global growth outlook this week, revising last June’s projections down from 3% to 1.7% A significantly downgraded U.S. outlook hit particularly hard; the U.S. is now forecasted to see just 0.5% growth in 2023 If predictions hold, it would be “the third weakest pace of…
Tim Pannell/The Forbes Collection Key takeaways Vista Equity Partners is a private investment firm focused on technology. Duck Creek is an insurance software company that went public in 2020 but has seen its shares fall significantly since then. The companies announced a deal where Vista Equity Partners would take Duck Creek private, paying a nearly…
Bed Bath & Beyond is just the latest retailer heading into bankruptcy due to a secular change in how … [+] Americans shops. With interest rates rising and recession looming, we’re likely to see more companies in distress in the coming months. Getty Images For most investors, 2022 was a year of ups and downs,…
Topline The U.S. Treasury stands to run out of cash as soon as early June if the debt limit isn’t lifted in the coming months, Treasury Secretary Janet Yellen warned Friday as she urged lawmakers to take action on an issue that experts believe will drag on throughout the year, potentially harming the economy and…
Gemini and Genesis may have lost some of the new car luster and they respond to a January 13, 2023 … [+] lawsuit from the SEC. (AP Photo/Moises Castillo) Copyright 2017 The Associated Press. All rights reserved. On Thursday, January 12 the U.S. Securities and Exchange Commission (SEC) filed a lawsuit alleging crypto exchange Gemini…
Topline Fourth-quarter earnings season kicked off Friday morning with a slew of big banks reporting a mixed bag of results—with some doing better than expected while others saw profits cut in half amid the market turmoil in recent months—but one theme remained clear across the releases: The U.S. still faces a potential recession this year,…
E-filing for individuals (Form 1040) opens Monday, January 23, 2023. getty Yesterday the IRS announced that e-filing for individual tax returns (Form 1040) will open on Monday, January 23, 2023. At that time the Service will begin accepting and processing returns for tax year 2022. The IRS has used part of the money they received…
China Last Night KraneShares Week in Review China’s December CPI was released at +1.8% versus November’s +1.6%, meeting expectations of 1.8%. On Wednesday, The World Bank cut its 2023 global GDP growth forecast in half, though it expects China’s GDP growth to be ahead of the pack. The China Passenger Car Association released December and…
POLAND – 2023/01/06: In this photo illustration a Netflix logo seen displayed on a smartphone. … [+] (Photo Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Netflix NFLX is slated to report its Q4 2022 results on January 19th. We estimate that Netflix’s revenue will come in at about $8…