Investing News

The largest industries driving New Jersey’s economy include pharmaceuticals and life sciences, financial services, advanced manufacturing, information technology, and transportation and logistics. There are 16 Fortune 500 companies based in New Jersey. Key Takeaways New Jersey’s largest industries include financial services, transportation and logistics, and life sciences. While the technology industry in New Jersey is shrinking, the
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In this article ELAN Marko Geber | DigitalVision | Getty Images Company: Elanco (ELAN) Business: Elanco is one of the largest global animal health pharmaceutical companies, developing and marketing products for both pet health and farm animals. It offers pet health disease prevention products, such as parasiticide and vaccine products that protect pets from worms,
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The amount of workers’ earnings subject to Social Security taxes is capped each year (called maximum taxable earnings). The federal government increased the Social Security cap significantly for 2021. In 2021, the maximum earnings subject to Social Security taxes is $142,800. These increases are meant to keep benefits on track with inflation or the pace
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What Is a Monopolistic Market? A monopolistic market is a market structure with the characteristics of a pure monopoly. A monopoly exists when one supplier provides a particular good or service to many consumers. In a monopolistic market, the monopoly, or dominant, company exerts control over the market, enabling it to set the price and supply. Key Takeaways Monopolistic markets exist
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In this article SPWR Construction workers install SunPower tiles on homes in San Ramon, Calif. Robert Nickelsberg | Getty Images SunPower said Tuesday that it’s restructuring its operations in a bid to focus exclusively on the fast-growing residential solar market. The company is acquiring residential solar provider Blue Raven, while also looking to sell its
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Located far away from the hustle and bustle of many of the busiest cities of the world, the Caribbean region is known as one of the world’s top vacation destinations. With as many as 43.7 million residents as of 2021 and more than 7,000 individual islands (plus 13 sovereign states and 12 dependencies), the Caribbean
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David McDonough, founder and CEO of Commonstock Commonstock A new social network is betting that enthusiastic retail traders are here to stay and that they want more transparency than what’s offered on Reddit.  Commonstock is a social media platform for talking about trades and financial markets. It features a Twitter-like news feed, with users ranking
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The “three-legged stool” is an old phrase that many financial planners once used to describe the three most common sources of retirement income: Social Security, employee pensions, and personal savings. It was expected that this trio would together provide a solid financial foundation for the senior years. None of the three was expected to support
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Jeff Bezos, left, and Elon Musk Getty Images; Reuters Elon Musk repeated prior criticisms of fellow billionaire space mogul Jeff Bezos, as their respective companies continue to battle in federal court and in front of regulators. “I think I’ve expressed my thoughts on that front – I think he should put more of his energy
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