Crypto company Celsius had nearly $2 million customers and $12 billion in deposits in June before freezing accounts, blaming market conditions and then filing for bankruptcy. CNBC's Kate Rooney talks to former Celsius leaders about the decision in 2019 that led to the company's downfall.
- Motley Fool
Dave Ramsey Says Taking on This Type of Debt Is ‘Like Trying to Bail Yourself Out of a Sinking Boat With a Bucket Full of Holes.’ Is He Right?
If you're familiar with finance expert Dave Ramsey, you probably already know he is not a fan of borrowing. On his blog, Ramsey explained the common reasons why people get personal loans: consolidating debt at a lower interest rate; building credit; and buying things you cannot afford to pay for outright. Ramsey warned it can be a "lot of work" to take out a personal loan, only to "get absolutely nowhere."
‘They’re not required to tell you that, but you should know.’ 4 questionable, but legal, things some financial advisers do with your money
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Tesla (TSLA) announces a 3-for-1 stock split with a stock dividend effective on Aug 25. It will make the stock accessible to retail investors and might buoy its share price.
Bill Gates is using these dividend stocks right now to generate a large inflation-fighting income stream — you might want to do the same
Bill Gates looks for income, too. This is how he gets it.
The CEL token has gained about 300% since Celsius filed for bankruptcy last month.
- The Hill
CORRECTION: Seven Democrats voted for the GOP amendment that would extend a cap on the SALT tax deduction. A previous version of this story included incorrect information. Maverick Sen. Kyrsten Sinema (D-Ariz.) on Sunday backed a Republican amendment to shield businesses that rely on capital investment from private equity groups from the 15 percent corporate minimum…
(Bloomberg) -- President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment. Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedWinners and Losers in Democrats’ Signature Tax and Energy BillThe tax and energy bill passed S
Shetty said his team has been in discussions with Binance for several months to try and resolve the ownership issue.
- Motley Fool
Whether the stock market is near an all-time high or in a bear market, no one wants to pay more for a share of a company than it is worth. A dirt cheap dividend stock could be a company that is being valued at less than its historical metrics indicate. Phillips 66 (NYSE: PSX), Kinder Morgan (NYSE: KMI), and United Parcel Service (NYSE: UPS) are three industry-leading businesses that are all cheap stocks based on historical valuations.
‘I am quite embarrassed and remorseful’: SoftBank CEO plans widespread cost cuts as tech investments suffer, leading to a $23 billion loss
“When we were turning out big profits, I became somewhat delirious, and looking back at myself now, I am quite embarrassed and remorseful,” SoftBank’s CEO admitted at a press conference on Monday.
- Belleville News-Democrat
Here’s the 10 wealthiest individuals from Illinois on Forbes’ billionaires list for 2022.
When you inherit property, the IRS applies what is known as a stepped-up basis to that asset. Here's how capital gains are taxed on inherited property.
The uncertainty of the gaming market has a high probability of keeping the shares rangebound at least until their earnings on August 24.
- The Telegraph
As a Chinese success story, Alibaba is unrivalled. As its founder, Jack Ma soared in power and prestige, acquiring a global reputation that spread alongside the company’s growth into a global e-commerce giant.
Malcolm Gladwell says it’s ‘not in your best interest to work from home.’ Nearly 20 years ago he said he ‘hates desks’ and writes from his couch
Gladwell, the author of “The Tipping Point,” said it was “not in your best interest” to “just sit in your pajamas in your bedroom.”
- Motley Fool
Investing in equal parts of these blue chip dividend stocks gives an investor an average yield of 3.2%.
Dave Ramsey is a bestselling author and personal finance expert. He's known as the host of "The Ramsey Show" -- a popular radio show and podcast that boasts over 20 million listeners a week. He's...
- Motley Fool
Few money managers have the investing track record that billionaire Warren Buffett brings to the table. Since taking over as CEO of conglomerate Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, he's led his company's Class A shares (BRK.A) to an average annual return of 20.1%, through Dec. 31, 2021. In other words, when Warren Buffett buys or sells shares of a company, everyone from novice investors to professionals with decades of experience tends to pay close attention.
After July’s exceptional surge, the markets steadied during early August with the S&P 500 up by a third of a precent over the past week. Now investors will be keen to find out if the rally has legs. Stifel's chief equity strategist Barry Bannister thinks it does and believes the S&P 500 is on course to reach 4,400 during the year’s second half, explaining that the sell-off in 1H22 is “still being reversed.” The strategist also thinks the S&P 500’s “equity risk premium” now suggests a mid-point p
How a 30-something TikToker with 1.5 years of finance experience became Gen Z’s finfluencer version of Warren Buffett
Humphrey Yang’s personal finance TikToks garnered 3.3 million followers in three years as he became Gen Z's most trusted source of financial advice.