BOSTON, MA – JULY 31: Co-founder and co-chairman Steve Conine, left, and CEO, co-founder and … [+] co-chairman Niraj Shah pose for a portrait at their desks, surrounded by their employees, at the Boston headquarters of Wayfair on July 31, 2018. Wayfair is among the city’s fastest-growing companies. It added about 2,000 employees in the…
Amazon fulfillment center in Wales. (Photo by Matthew Horwood/Getty Images Getty Images When 2022 began, Amazon AMZN was Wall Street analysts’ favorite stock. Thirty-one analysts said to buy it, with nary a “hold” or “sell” to be heard. The stock fell nearly 50% last year. This is not an anomaly. The other stocks that the…
Images of Jack Welch appear on screens above trading posts on the floor of the New York Stock … [+] Exchange, Monday, March 2, 2020. Welch, who transformed General Electric into a highly profitable multinational conglomerate, died of renal failure at the age of 84. His death was confirmed Monday by GE. (AP Photo/Richard Drew)…
A JetBlue A320 passes a Spirit A320 as it taxis at Fort Lauderdale-Hollywood International Airport … [+] on July 7. (Photo by Wilfredo Lee) Copyright 2022 The Associated Press. All rights reserved Wall Street has never liked JetBlue. It forced out two CEOs, primarily because they offered passengers too much comfort for too little money.…
By Lori Volk, Next Avenue Lori Volk Lori Volk Just as I turned 50, the school district where I worked ran out of funding for my part-time position. My husband and I had taken out $350,000 in Parent Plus loans at 8% interest to pay room and board at college for our first two kids;…
Richard Bernstein Advisors CEO & CIO Richard Bernstein and Mike Arone, chief investment strategist … [+] at State Street Global Advisors, sit down with top advisor Victor Livingstone of Morgan Stanley at the Forbes/SHOOK event in Boston. Robert Castagna State Street Global Advisors chief investment strategist Mike Arone predicts two interest rate hikes and a…
Chris Comparato, Toast CEO (c) 2016 Toast If there is one thing I have learned about investing over the years, it is this: nobody can predict the future. What distinguishes the best companies — and makes their shares a good investment — is their ability to act quickly and effectively when the unexpected happens. Usually…
By Richard Eisenberg, Next Avenue Editor Getty When most of us (and retirement experts) think about how prepared we’ll be for a financially comfortable retirement, it’s typically about how much money has been saved for it. But University of Massachusetts Boston professor Jan Mutchler says there’s another way to look at it: Will you have enough…