Lyft is reportedly taking the first steps towards an IPO, but many investors are wondering whether or not it will be worth it. The Uber competitor used to be the underdog, but it’s quickly racing towards greater acceptance after wave after wave of Uber-related controversy has hit. Nevertheless, as a company that’s still in a … Continue reading “Lyft Makes Moves Towards IPO: Is It a Good Buy?”

Huawei’s CFO has been arrested in Canada, and the Chinese government is warning that there could be significant consequences for it. Why are arrests being made for this large Chinese company — and what could the true consequences be regarding the arrest? The United States is presently seeking extradition from Canada for the Huawei CFO, … Continue reading “Huawei’s CFO Arrested: What Does It Mean for the Chinese Company?”

Picture this scenario (maybe it’s accurate for some of you reading this): You’re retired. You just paid off your mortgage and have no intentions of buying additional properties or moving to a new one. You have a fairly new car and don’t plan to purchase another one anytime soon, if ever. Additionally, you aren’t planning … Continue reading “Why You Should Never Stop Worrying About Your Credit Score”

You’ve likely heard about the massive data hack that Marriott Hotels was on the wrong end of recently. Though an official announcement from the hotel chain came late last week, reports indicate that this data breach – one of the largest in history affecting up to 500 million customers – was likely years in the … Continue reading “How We Should All Respond to the Marriott Hotel Data Breach”

GM hasn’t had a good year. In November, GM announced that it would be idling five of its automotive plants, leading to the loss of 14,000 jobs. Just days later, President Donald Trump threatened to cut GM subsidies, ultimately leading to the stock tumbling. What’s in the future of GM — and why is it … Continue reading “Trump to Cut GM’s Subsidies — Can the Business Survive Without Them?”

Despite trade wars, continued energy volatility, and a looming housing crisis, the United States economy is looking quite good. In fact, the U.S. economy currently looks good enough that the Federal Reserve is likely to keep increasing interest rates through 2019. With many claiming that the stock market is about to crash and the economy … Continue reading “The Economy in 2019: Here’s What We Can Look Forward To”

The e-commerce industry is exploding in China right now. Pinduoduo is a Chinese e-commerce business. The company’s latest quarterly earnings were quite impressive. Pinduoduo revenue is up nearly 700 percent for the year. The company’s gross merchandise volume across the past 12 months is up nearly 400 percent. Pinduoduo’s monthly active users have increased 226 … Continue reading “China’s Pinduoduo Saw a 700 Percent Revenue Increase in 2018”

Blue Apron has been in the news for its failed attempt to sell planned meal kits to customers at Costco. The corporate partnership has been halted, yet Blue Apron still has potential as an investment. The meal kit service business is shifting its attention to providing its sustenance in green, environmentally-friendly packaging that minimizes waste. … Continue reading “Blue Apron Cancels Partnership Deal with Costco”

A few weeks ago, amid another stock market plunge, we wrote a piece on how it’s important not to panic amid the ebbs and flows of the market. After all, it’s a marathon – not a sprint, and nobody can expect their investments to do nothing but increase. That’s just not realistic. But as the … Continue reading “What You Should Do Now That the Market is Getting Bumpy”

Tis’ the season for overspending. We already covered in previous posts how holiday spending is expected to eclipse a record $1 trillion this season, which is certainly the sign of a strong economy. But just because you’re better off financially this year doesn’t mean that you should overdo it. Doing so could make those credit … Continue reading “How to Make Sure Christmas Doesn’t Break the Bank”

Funko (FNKO) is up about 130 percent this year alone. Though Funko and the stock market as a whole fared well to start 2018, it has been quite the bumpy ride to finish up the year. Do not let Funko’s recent dip following its meteoric rise scare you away. The company’s fundamentals are solid. Plenty … Continue reading “Doll Maker Funko’s Stock Has SURGED in 2018”

Carvana’s stock (CVNA) has more than doubled in price this year alone. There will likely be some profit taking in the weeks and months ahead, yet Carvana has solid upward momentum. The question is whether Carvana will continue to outperform the market as time progresses. The masterminds behind Carvana have come up with some extremely … Continue reading “Why Carvana’s Stock is a Definite Buy Right Now”

Mega corporations have come under attack with many in the Democratic Party alleging that the large companies aren’t paying fair wages. Most recently, Vermont Senator Bernie Sanders has focused his attention the nation’s largest retailer by launching the “Stop Walmart Act,” which will have significant ramifications if passed. While the legislation has a thin to … Continue reading “Left-Wing Politicians Float ‘Stop Walmart Act’ — But What Could It Do?”

In 2017, California’s wildfires were predicted to cause $85 billion in damage. In 2018, California’s wildfires have operated with a devastating relentlessness, causing not only property damage to businesses and homes but also a tremendous loss of life. With tens of thousands of individuals displaced and unable to return home, the true economic impact of … Continue reading “The Economic Impact of the California Wildfires”

When many people think of holiday spending, gift-giving is the first thing that usually comes to mind. And rightfully so, as making your list (and checking it twice) to ensure that your friends and loved ones have a memorable holiday is a big part of the Christmas season. But there’s a lot more that you … Continue reading “Holiday Spending Tips: How Not to Go Broke in 2018”

You’ve seen the commercials on television where insurers advertise their accident forgiveness add-on to auto plans. Chances are the feature has even piqued your interest, at least enough to give the ad your full attention. After all, it’s an intriguing option – especially when you consider that a single accident claim can increase your insurance … Continue reading “Car Insurance: Is Accident Forgiveness Really Worth it?”

The bitter trade dispute between the world’s two largest economies is finally showing signs of coming to an end as China reportedly delivered a written response to the Trump administration’s trade reform demands. China’s response was reported to Reuters and several other outlets by unnamed U.S. government officials in Washington. According to these sources, China’s … Continue reading “China Responds to Trump’s Demands for Trade Reform”