Strategy buys bitcoin and repurchases preferred shares in weekly update

Key Points Nike and McDonald’s are both facing challenges with consumer discretionary spending. Nike’s challenges are more entrenched as the stock has been sliding for five years. McDonald’s has been losing market share to a resurgent Burger King. 10 stocks we like better than McDonald’s › It’s been a rough year for Dow Jones Industrial…

The Trump-appointed board of the Kennedy Center voted to close the embattled performing arts center on Tuesday — the latest twist in the Trump administration’s quest for control over the space. Trump wrote on Truth Social that the board voted to close the Kennedy Center “for Safety reasons, and so that it can begin the…

A new bill introduced by Sen. Jeff Merkley (D-OR) aims to make homeownership a reality for more Americans by allowing them to receive up to $50,000 from the federal government for a first-time home purchase. The Homeownership Promise Act, cosponsored by Sen. Ron Wyden, a fellow Oregon Democrat, would allow Americans to open Homeownership Promise…

Non-resident Indians selling residential property in India need to check the holding period before planning any tax-saving reinvestment. If a house or an under-construction property is sold before it qualifies as a long-term capital asset, the gain is treated as short-term capital gain. In such cases, buying another house does not provide the capital gains…

Key insight: HBT Financial is bolstering its presence in Illinois by acquiring another in-state rival. What’s at stake: If completed, the pending deal would be HBT’s 12th since 2007. As part of the transaction, the seller’s mortgage banking business would be sold or would cease operations prior to the deal closing. Forward look: The acquisition…

Revocable trusts remain a core estate-planning tool, but they aren’t the only way to achieve probate avoidance and efficient asset transfer. In many cases, transfer-on-death (TOD) and payable-on-death (POD) designations can be applied to financial accounts and real estate. In some states, TOD designations for automobiles can help accomplish a client’s objectives with lower fees,…