Monthly Archives: July 2022

Bank of America just slashed it year-end S&P 500 forecast to the lowest on Wall Street as it expects a recession this year to last through early 2023

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 9, 2020. Bryan R Smith/Reuters Bank of America revised its year-end target to 3600, a 20% drop from its previous prediction of 4500. After CPI data showed inflation at 9.1% in June, analysts slashed their prediction to the…

House passes bill to create Amber alert-like system for active shootings situations. 168 Republicans and 1 Democrat voted against it.

Jonathan Thompson, the Executive Director and CEO of the National Sheriffs’ Association speaks at a press conference on the introduction of the “Active Shooter Alert Act 2022,” legislation outside of the U.S. Capitol Building on May 19, 2022 in Washington, DC. Anna Moneymaker/Getty Images The US House of Representatives passed a bill to create an…

A beginner’s guide to trading futures contracts

Business Insider Typically, a trader will specialize in a particular strategy based on their goals, risk tolerance, and comfort level. d3sign/Getty Futures contracts allow traders to speculate on the direction of price movements on asset classes such as livestock, oil, and soybeans.Investing in futures can provide an additional layer of diversification to a portfolio.Futures are…

The best banks of 2022

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Terms apply to offers listed on this page. Read our editorial standards. Choosing a bank…

The CEO of Scandinavian Airlines says an 11-day pilots strike is forcing it to weigh drastic cuts to equipment and service, putting ‘the survival of the company at stake’

Scandinavian Airlines SAS A pilots strike at Scandinavian Airlines could force the carrier to make severe cuts. The airline said the disruption is complicating its efforts to raise short- and long-term capital. More than 2,500 SAS flights have been cancelled since the stoppage on July 4. A pilots strike at one of Europe’s largest airlines…

The Clayton Antitrust Act: One of many laws that protects consumers from unfair business practices

The Clayton Act has been amended a few times since its passage in 1918. Pattanaphong Khuankaew/Getty The Clayton Antitrust Act is one of several laws prohibiting anti-competitive business behavior in the US. It is meant to prevent conflicts of interest and price discrimination, and guarantees the right to sue for certain unethical business practices. The…