Archives for May 2015

May 2015 - Page 7 of 22 - Money Morning - Only the News You Can Profit From

[CHART] U.S. Corporations That Pay No Taxes

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Every working American is required to pay income taxes, but American companies get away with paying zero…

This year, the IRS collected roughly $1.4 trillion from U.S. taxpayers on April 15. Even individuals exempt from the federal income tax are subject to payroll taxes – and even the 14% exempt from both still must pay a sales tax.

But there are a record 54 U.S. corporations that pay no taxes or are at least partially exempt. That’s more than twice the amount five years ago. Most of them actually got tax refunds.

Let's take a look at exactly which companies wriggled their way out of paying income taxes in 2014...

Why Silver Wheaton (NYSE: SLW) Stock Is a Buy

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Silver Wheaton Corp. (NYSE: SLW) practically invented the streaming business model. Established in 2004 with a main focus on silver, Silver Wheaton is now the largest precious metals streaming company in the world.

SLW is a great way to play the precious metals space. It comes with less risk than investing in miners, while still offering much upside potential.

Here's a look at why now's a great time to add SLW stock to your portfolio...

The Perianne Boring Interview II: Why Bitcoin Needs More Women

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In Part I of the Money Morning exclusive interview with Chamber of Digital Commerce President Perianne Boring, she talked about how she got to Washington and the work of the CDC.

The 27-year-old has certainly made a name for herself in the world of Bitcoin.

She founded the CDC in July of last year. The trade association's purpose is to advocate for Bitcoin not just on Capitol Hill, but amongst the regulatory maze that is Washington.

In Part II of our interview, we discuss the role of women in Bitcoin...

LL Stock Plunges 17%, Today's Biggest Pre-Market Mover

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Good morning! For Thursday, May 21, U.S. stock futures forecasted a 17-point decline from yesterday's close. This morning, U.S. jobless claims remained at a near 15-year low. Claims registered at roughly 274,000, a little higher than economist expectations of 271,000.

Lumber Liquidators stock (NYSE: LL) is today's biggest pre-market mover. Here's why LL stock is crashing, plus all of today's biggest stock market news...

The Tech Portfolio Built to Beat the Market

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When I spoke with my Strategic Tech Investor readers last week, I illustrated how one of our "Million-Dollar Tech Portfolio" stocks had soared 53% in just a little over two months. But Repligen Corp. (Nasdaq: RGEN) isn't the only big winner. In fact, six of our seven investments in the Million-Dollar Tech Portfolio are up […]

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FOMC Meeting Minutes and Other Top Stock Market News Today

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The DJIA Index and S&P 500 retreated from record highs during an afternoon sell-off late in the trading session. Earlier, the U.S. Federal Reserve released minutes from its April FOMC meeting, and oil prices rose on geopolitical tensions and falling inventory levels.

Here's the top stock market news today, including how the stock market did, earnings reports, and stocks to watch based on today's market moves...

The Fed FOMC Meeting Minutes Release Today

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The Fed FOMC meeting minutes release today (Wednesday) was yet another in a long line of U.S. Federal Reserve communications that had financial pundits abuzz but delivered nothing new.

The Fed minutes released today – documenting the discussions of the Fed's Federal Open Market Committee three weeks ago – indicated that the Fed has progressed little on pinning down a timeline for raising the Fed funds rate from its 0% to 0.25% target.

But as usual, these Fed minutes skirted the real issues...