As any owner can attest, growing and maintaining small business profits is a constant battle. However, by understanding and utilizing some business-friendly tax loopholes, savvy small business owners can find ways to keep a lot more of their hard-earned capital.
According to the U.S. Energy Information Administration, the US consumes about 19.1 million barrels of petroleum products per day. Any American with a car knows just how dependent we are on oil, but a new survey shows that we seem to have no idea where the majority of that oil comes from.
In the wake of Valeant’s Philidor controversy, the Southern Investigative Reporting Foundation (SIRF) recently decided to take a closer look at Valeant’s operations in Eastern Europe.
In a new report, Macquarie analyst David Konrad discussed the Wall Street Journal report that Morgan Stanley may be cutting 25 percent of its fixed income instruments, currencies and commodities (FICC) unit. Although Macquarie sees the potential move as a positive for Morgan Stanley, the firm prefers other big bank stocks at the moment.
After a strong 8.3 percent gain in the month of October, the S&P 500 traded mostly flat throughout the month of November. After a mid-month dip as low as 2019, the S&P closed out the month at around the 2080 level.
Benzinga recently had the chance to speak with Leav Graves, founder of Option Samurai, about year-end trading opportunities in the options market. Graves believes that now it the time to begin testing the waters in the battered oil space.
After a strong 8.3 percent gain in the month of October, the S&P 500 traded mostly flat throughout the month of November. After a mid-month dip as low as 2019, the S&P closed out the month at around the 2080 level.
There might be one person with more to lose from a premature U.S. interest rate hike than Janet Yellen: Hillary Clinton. According to Politico, one of Clinton’s strongest selling points headed into 2016 could quickly turn sour if the Fed’s first rate hike is mistimed.
Shares of Rex Energy are getting hammered by more than 10 percent on Tuesday following a downgrade coupled with a bleak outlook from Stifel analyst Michael Scialla. Despite an already battered share price, Scialla sees plenty of downside remaining for Rex and major financial risks ahead for the company in 2016.
It seems that economic conditions in Asian have gone from bad to worse. The latest numbers out of Taiwan confirm that the country has slipped into a recession. Perhaps much more disturbing for the global economy, China’s November PMI came in lower than market expectations, indicating that weakness in China’s industrial market is worse than…