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April 15, 2021

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Grab’s not yet profitable, but investors may give it ‘leeway’ to invest in new growth areas, analysts say

CNBC
CNBC – For more and to sign up click here SINGAPORE — Investors will be keeping a close eye on when Grab will turn profitable after its record-breaking SPAC listing, according to Tom White, senior research analyst at D.A. Davidson. “There’s obviously a growing scrutiny from investors about a path......

How much you need to invest per month to retire at 45 with $30,000 in passive income

CNBC
CNBC – For more and to sign up click here A little math can go a long way. There is a simple way to get an estimate of how much money you will need to save for retirement. You figure out how much you spend per year, then work your......

Analysis: Democrats have a chance to invest in economic growth for all after years of frustration

CNN
USA TODAY – For more and to sign up click here That’s why President Joe Biden’s “Build Back Better” economic plan has so energized the White House, his party and outside allies. The new President and congressional Democratic majorities have a chance, finally, to make it happen. The scale of......

Tortilla maker to invest $2.7 million in expansion

FoodBusinessNews
SANTA FE, NM. — La Primera Tortilla Factory has announced plans to invest $2.7 million in equipment and add 14 employees over the next three years at its facility in Sunland Park, NM. To help facilitate the expansion, La Primera will receive a $500,000 job creation grant from the New......

Planning to invest your $1,400 stimulus check? Why a Roth IRA may make sense

CNBC
CNBC – For more and to sign up click here Morsa Images | E+ | Getty Images A new set of $1,400 stimulus checks may tempt some recipients who don’t really need the money to instead dabble in the stock market. Depending on your goals, a brokerage account may not......

Mastercard to invest $100 million in Airtel Africa’s mobile money unit

Reuters
FILE PHOTO: Mastercard Inc. credit cards are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration (Reuters) – Mastercard Inc will invest $100 million in Airtel Africa’s mobile money operations valuing the business at $2.65 billion, the London-listed company said on Thursday. Mastercard will hold a minority stake......

Cathie Wood’s ARK Invest launches a space exploration ETF, to begin trading Tuesday

CNBC
CNBC – For more and to sign up click here Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Ark Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a space exploration......

China’s JD.com to invest $800 million in Dada Group

Reuters
FILE PHOTO: A sign of China’s e-commerce company JD.com is seen at its shop at a mall in Shanghai, China October 26, 2018. REUTERS/Aly Song (Reuters) – Chinese e-commerce firm JD.Com said on Monday it will invest $800 million in Dada Group, giving it a 51% stake in the Chinese......

Retire by 50: How much you need to invest per month to save $3 million

CNBC
CNBC – For more and to sign up click here The money you are putting into your 401(k) savings plan at work most likely won’t be enough to retire early. The average American in their 20s only has about $15,000 in their 401(k). You’re going to need to invest a......

Suze Orman: ‘Do not spend’ and ‘don’t you dare’ invest your stimulus checks. Here’s what to do with the cash

CNBC
CNBC – For more and to sign up click here Stimulus checks are on the way. President Joe Biden signed the $1.9 trillion relief package into law last Thursday. About 159 million households are expected to receive the latest round of direct payments in coming weeks. While the checks are......

Cramer says it’s a ‘good time to invest’ in stocks as U.S. economy recovers from Covid

CNBC Real Estate
CNBC’s Jim Cramer said Tuesday he believes it’s a favorable environment for investors to put money to work in the U.S. stock market. Positive economic signs are abound, Cramer said on “Squawk on the Street,” reading a sampling of headlines on Tuesday’s front page of The Wall Street Journal about......

ARK’s Wood says rotation to value a long-term positive despite tech selloff

Reuters
(Reuters) – ARK Investment Management Chief Executive Cathie Wood defended her strategy on Monday, arguing the recent outperformance of value and economically sensitive cyclical sectors will make for a stronger bull market and help her funds in the longer term. ARK’s popular exchange traded funds have been battered by a......

Treasury to Invest $9 Billion in Minority Communities

New York Times
WASHINGTON — The Biden administration unveiled a plan on Thursday to invest $9 billion in minority communities, taking an initial step in fulfilling its promise to ensure that those who have been hit hardest by the pandemic have access to loans as the economy recovers. The Treasury Department said it......

Target to invest $4 billion to speed new stores and remodels, expand ability to fill online orders

CNBC
CNBC – For more and to sign up click here A person wearing a protective mask walks past a Target Corp. store at the Grossmont Center Mall in La Mesa, California, U.S., on Thursday, Feb. 11, 2021. Bing Guan | Bloomberg | Getty Images Target said Tuesday that it hopes......

Gap to invest $140 million to build Texas warehouse as online sales swell

CNBC Real Estate
A pedestrian walks by the closed GAP flagship store on August 18, 2020 in San Francisco, California. Justin Sullivan | Getty Images Gap said Wednesday it will invest $140 million to construct a distribution center in Longview, Texas, as part of its effort to double its online business over the......

‘The best time to invest in bitcoin was yesterday,’ says strategist as the cryptocurrency soars

CNBC
CNBC – For more and to sign up click here The reflection of bitcoins in a computer hard drive. Thomas Trutschel | Photothek via Getty Images As bitcoin continues on its upward trek in 2021, one analyst says the regulatory concerns surrounding the cryptocurrency won’t likely derail its momentum. “The......

Biden administration to invest over $1.6 billion to expand Covid testing, sequencing

CNBC
CNBC – For more and to sign up click here The Forum in Inglewood, California began vaccination distribution serving as a COVID-19 vaccination site, while also serving as a COVID-19 testing site. Al Seib | Los Angeles Times | Getty Images The Biden administration announced Wednesday that it will invest......

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