Wealth Creation Investing

TOPLINE Around 72% of United States voters believe President Trump should wear a face covering when meeting others, according to a survey from Kaiser Family Foundation, counter to his hardline stance against using a mask. WASHINGTON, DC – MAY 26: U.S. President Donald Trump listens to a reporter’s question during an … [+] event on […]

An influential conservative group wants the Trump administration to be more aggressive with its proposed rollback of a key environmental law that dates back to 1970. Club for Growth President David McIntosh said Wednesday he would like to see additional changes to the National Environmental Policy Act (NEPA), a 50-year-old law that requires federal agencies to […]

Mohawk Industries (NYSE:MHK) was already in some unstable ground before COVID-19. Particularly, 2018 and 2019 were tough years for the business and industry. Gross profit margins have been falling. Mohawk reached its highest gross margins of 32.1% in 2017. Today, they are down almost 5% to 27.8%. Since Mohawk is a capital-intensive business, weakness in […]

It has been widely and correctly observed that Trump is doing all he can to distract attention from his mishandling of the covid-19 crisis. But much of what he’s up to is consistent with a longer-term effort to mask the truth about his presidency: His policies resolutely favor the wealthy and the connected over the […]

New York Gov. Andrew Cuomo on Wednesday said he met with President Trump and urged him to help speed up major infrastructure projects in the state as it works to restart its economy amid the coronavirus pandemic. “It was about: How do we supercharge the reopening?” Mr. Cuomo told reporters after the White House meeting. […]

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […]

Hong Kong has lost its autonomy from the Chinese government, the Trump administration said in a historic report to Congress Wednesday, laying the groundwork for the territory to lose its special status under U.S. law and threatening its economic power. The certification from the State Department marks a dramatic turning point for the territory as […]

Stocks closed higher on Wall Street Wednesday, extending the market’s gains into a third day on hopes for a coming economic revival as larger swaths of the country relax stay-at-home mandates imposed due to the pandemic and clear the way for more businesses to reopen. Despite a choppy day of trading, the S&P 500 gained […]

The House of Representatives on Wednesday passed legislation condemning China for the detention and torture of Uighur Muslims in the country’s western region of Xinjiang as tensions between the U.S. and China continue to escalate.  The legislation, which passed overwhelmingly in the Senate earlier this month, will now head to President Donald Trump, who has not said […]

People buy food under Chinese national flags in the Old City in Kashgar in Xinjiang Uighur Autonomous Region, China. Thomas Peter | Reuters The House of Representatives on Wednesday passed legislation calling for sanctions against Chinese officials for the detention and torture of Uighur Muslims in the country’s western region of Xinjiang as tensions between the U.S. and […]