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Fed’s Powell Didn’t Give Investors Any Answers. Here’s What Will This Week.

Fed’s Powell Didn’t Give Investors Any Answers. Here’s What Will This Week.

Two huge market events happened to occur during one of the sleepiest weeks of the year. Nvidia’s eagerly awaited earnings and Federal Reserve Chairman Jerome Powell’s equally-as-anticipated Jackson Hole speech managed to wake Wall Street from its summer snooze, ultimately snapping the S&P 500’s three-week losing streak. But the latter, in particular, has largely left […]

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Big Companies Seeing Tax Benefits From Law Change Some of Them Fought

Big Companies Seeing Tax Benefits From Law Change Some of Them Fought

Some large technology and pharmaceutical companies are telling investors that a new tax-law change is reducing their tax rates. It’s the same tax-law change corporate executives at many companies have been urging Congress to reverse.  The provision requires companies to spread their deductions for research expenses over at least five years instead of writing them

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