Local insurance group discusses how to avoid senior scams
Local insurance group discusses how to avoid senior scams
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Business InsiderAmerican companies' spending on private jets hit a 10-year high, and Mark Zuckerberg's Meta took the No. 1 spot
Companies represented in the S&P 500 spent nearly $34 million on private jet travel for CEOs and board members last year, the Financial Times reported.
- MarketWatch
Crypto exchange CoinFlex says one of the most prominent names in the industry defaulted on $47 million USDC debt
CoinFlex’s chief executive Mark Lamb said Tuesday that it issued a notice of default to Roger Ver, alleging that Ver failed to meet a margin call and owes the exchange $47 million USDC.
- Bloomberg
Trump-Tied SPAC Tumbles After Disclosing Grand Jury Subpoena
(Bloomberg) -- Digital World Acquisition Corp., the special purpose acquisition company merging with Trump Media & Technology Group, tumbled after disclosing that a federal grand jury in the Southern District of New York issued subpoenas to the company and members of its board of directors. Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsA $2 Trillion Free-Fall Rattles Crypto to the CoreMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseAnti-A
- MarketWatch
Why the S&P 500 may be in for a 1966-style bear market, according to DWS Group
David Bianco, chief investment officer Americas at DWS Group, has a price target for the S&P 500 of 3,700 to f 4,100 for the second half of the year.
- Motley Fool
3 Stock-Split Stocks You Can Confidently Buy and Hold Forever
Among the high-profile stocks splitting their shares in 2022, these three offer the most attractive long-term growth prospects.
- MoneyWise
‘This recession will be the most severe yet’: Peter Schiff called the 2008 financial crash and now says the next downturn will be worse. Here's what he likes for safety
Schiff publicly predicted the great financial crash of 2008. Will he be right again?
- American City Business Journals
Cedar Point parent sells California park land; plans park's closure
Cedar Fair plans to use proceeds from the land sale to speed up corporate strategies including resuming quarterly distributions to unit holders.
- Motley Fool
Stock Market Plunge: 5 Unstoppable Stocks Begging to Be Bought
Regardless of how long you've been investing in the stock market, this has been a challenging year. Since all three major U.S. indexes hit their respective record-closing highs between mid-November and the first week of January, two of them have fallen into a bear market -- the broad-based S&P 500 and technology-dependent Nasdaq Composite. Although a plunging stock market can be unnerving and tug on investor's emotions, double-digit percentage drawdowns in the major indexes are a perfectly normal part of the investing cycle.
- Barrons.com
5 Things to Know Before Retiring Outside the U.S.
A beach-front house in Uruguay or a lakeside villa in the Alps may sound like a retirement panacea, but a full-time move to a foreign country isn’t as simple as it sounds. Without proper planning, clients’ retirement dreams can easily be derailed by a host of financial, emotional, and health-related issues, financial advisors say. This includes understanding the neighborhoods where you might want to live, safety considerations, and the cost of living, which could be vastly different from what it might be if you stayed put.
- Motley Fool
Why Carvana Stock Is Falling Hard Today
Shares of the online car-buying company Carvana (NYSE: CVNA) were plunging this morning, likely after a Barron's article published over the weekend said that the company, in some cases, sold cars before it even had the title to them. Barron's said in its reporting that Carvana was selling cars too quickly during the pandemic, when demand for buying a car online soared, which led to problems in receiving the proper title for vehicles for some customers. Apparently, enough people have experienced this problem that a lawsuit is being brought against the car seller, saying that some customers went years without legally being able to drive vehicles purchased from Carvana.
- Motley Fool
$3,000 Invested in These 3 Stocks Could Help Make You a Fortune Over the Next 10 Years
Take a 10-year outlook and tune out the short-term noise to build a fortune with these top growth stocks.
- Business Insider
Southwest Airlines employs a crack team of 4 fuel traders to hedge energy prices — and they've saved the company $1.2 billion this year
Southwest's treasurer said the challenge of hedging fuel prices would humble anyone on Wall Street, and compared it to flying with a 6-month-old baby.
- Motley Fool
3 Safest Stocks on the Planet to Buy and Hold Forever
As the 2022 bear market takes a bite out of portfolios, investors are beginning to focus more on safety and stocks that can make it through a recession. An investor's strategy in a recession is typically to focus on stocks that have less sensitivity to economic weakness. Realty Income (NYSE: O) is one of the safest real estate investment trusts (REITs) out there.
- Motley Fool
Adding $100 to These 7 Stocks Could Be a Genius Move Right Now
These seven companies offer an intriguing blend of niche dominance, powerful underlying operations, and bargain share prices.
- Zacks
New Strong Sell Stocks for June 28th
ACER, BA, and LOB have been added to the Zacks Rank #5 (Strong Sell) List on June 28, 2022.
- Yahoo Finance
$3 trillion in extra savings may push Fed rate hikes too far: Economist
Cash on household and corporate balance sheets is higher than ever. That could make the Federal Reserve's inflation-fighting job even tougher, says Apollo Global Management's chief economist.
- GOBankingRates
This Is the Ideal Number of Bank Accounts To Have, According to Experts
It's common knowledge, at least in the U.S., that you should have a bank account to keep your money in a safe, secure place. Having multiple bank accounts can help you keep things separate, making it...
- American City Business Journals
Enterprise Products considering $1.7B of new chemical units in Mont Belvieu
Enterprise Products Partners is mulling the addition of at least three units to its Mont Belvieu complex, which together would represent $1.725 billion of additional investment.
- GOBankingRates
Here’s What the Housing Market May Look Like in 2030
The housing market has made headline news over the past two years, with countless buyers being priced out of the market. Not only have home prices exploded by as much as 50% in some areas, interest...
- TipRanks
2 “Strong Buy” Dividend Stocks With at Least 7% Dividend Yield
We’re facing a maelstrom of conflicting currents in the markets today, with a series of headwinds running head-on into each other. Consumer sentiment is low – in fact, at the lowest levels ever recorded, with 79% of consumers expecting economic conditions to get worse in the coming year. Inflation is high, at levels not seen since 1981, and is expected to remain elevated through the end of 2023. Fuel prices are major driver with the national average for a gallon of gasoline exceeding $5. The hou