Saving the Quarter
Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America’s farmland. While that is false, with the billionaire amassing nearly 270,000 acres of farmland across the country, compared to 900 million total farm acres, a different billionaire privately owns 2.2 million acres, making him the largest landowner in the U.S. John Malone, the former CEO of Tele-Communications Inc., which AT&T Inc. purchased for more than $50 billion in 1999, has a
- Business Insider
'Shark Tank' investor Kevin O'Leary says that he'll get his money back from FTX and that the exchange needs to be audited before Sam Bankman-Fried can be found guilty of wrongdoing
"I've told all of my lawyers: Keep your phasers on stun until we have facts," O'Leary said. "Then we're going to get that money back."
- Motley Fool
When you think of the typical millionaire, the first thing that comes to mind may be someone at the top of their field with a huge salary. According to research by Dave Ramsey's company, Ramsey Solutions, that couldn't be further from the truth. This year, Ramsey Solutions released The National Study of Millionaires.
The crypto billionaire who helped expose SBF’s insolvency calls him ‘one of the greatest fraudsters in history’ and accuses media and thought leaders of being manipulated
Binance CEO CZ is speaking out against SBF after FTX’s collapse and arguing he had nothing to do with his rival’s downfall.
EXCLUSIVE: Anthony Scaramucci Calls Out Chamath Palihapitiya On FTX Warning Signs, 'We Can Pretend Otherwise, But None Of Us Really Knew'
While speaking at Benzinga’s Future of Crypto event, investments in and by FTX were discussed as one of the biggest topics impacting the cryptocurrency sector. Kevin O’Leary was an investor in FTX and Anthony Scaramucci’s Skybridge Capital received an investment from FTX. Both shared their takeaways from the event of FTX and what happened with Sam Bankman-Fried. FTX Investments: Scaramucci said that many did not see warning signs with 25 of the greatest venture capitalists investing in FTX. Acco
"10 Grand Later...": People Are Sharing The Worst Financial Mistake Of Their Lives, And My Stomach Hurts
"I thought I was helping a boyfriend through a rough time with his business. In reality, I was giving him the down payment on a house for him and his wife and kids."View Entire Post ›
‘Why do we allow this stuff?’ Jamie Dimon says investing in crypto tokens is like buying ‘pet rocks’
The JPMorgan CEO has previously called cryptocurrencies dangerous, worthless and a “Ponzi scheme.”
Worried about the prospect of a recession coming next year? Well, that sounds like a mild scenario, if Michael Burry’s prognosis is anything to go by. The investor whose famous bet against the US housing market was documented in “The Big Short,” thinks a ‘multi-year recession’ is potentially in the cards – and one more severe than currently expected. This statement follows previous warnings regarding the economy, such as predicting last year that the ‘mother of all crashes’ is coming, while also
Mazars performed a proof-of-reserves and proof-of-liabities audit on the centralized exchange.
The Fed is expected to raise rates once more before 2023. If you’re shopping for a new CD, you may want to hold off
Should you invest in a CD? The Fed's recent moves have sent interest rates—and APYs—higher.
- Motley Fool
Investors looking to boost their income often turn to high-yielding dividend stocks. If they invest in quality stocks, they can generate recurring revenue. If they invest in quality stocks that are currently trading at depressed valuations related to the bear market, they can also benefit from the stock price appreciation that is likely to occur going forward.
Should investors prepare for a winter full of persistent headwinds? Inflation remains high, rising interest rates are putting a squeeze on capital as well as making consumer credit more expensive, and both the China COVID lockdowns and the Russian war in Ukraine continue to crimp global supply chains. But even though the markets are facing serious headwinds, not every stock is going to react by falling. According to the analysts at Wall Street giant Deutsche Bank, two interesting stocks are like
The former wonder boy could be behind bars for the rest of his life, according to U.S. federal sentencing guidelines.
Textron stock soared Tuesday after the defense company won a contract worth up to $80 billion to build a new helicopter for the Army. The Army is turning to Textron (ticker: TXT) subsidiary Bell Helicopter for a new long-range assault helicopter—the Bell V-280 Valor—that will replace the service’s 40-plus-year-old UH-60 Black Hawk. Textron beat a joint bid from Lockheed Martin (LMT) and Boeing (BA).
- The Conversation
Trump Organization tax fraud convictions show downsides of private companies having no independent oversight or outside accountability
Family-run businesses like Donald Trump's tend to have little outside oversight. AP Photo/Mark LennihanDonald Trump’s family business was found guilty of 17 counts of tax fraud and other financial crimes on Dec. 6, 2022, in a case prosecutors said displayed a “culture of fraud and deception” at the Trump Organization. Allen H. Weisselberg, the company’s former chief financial officer, had previously pleaded guilty to charges and testified before jurors against the Trump Organization – but never
‘Defense Is the Name of the Game’: Jefferies Suggests 2 High-Yield Dividend Stocks — Including One With 13% Yield
The rollercoaster ride continues in the stock market, and equities have been falling across the board this week. The S&P 500 is down 3.5%, and the Dow has lost some 870 points. The market drop was fueled by uncertainty; recent economic data has been unexpectedly positive, and it’s clouded the forecast for the Fed’s interest rate decision next week. The central bank’s twin mandates, to rein in inflation and to moderate unemployment, frequently run counter to each other, and with inflation running
- Simply Wall St.
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
- Motley Fool
The company's strategy will take time to implement, but it'll make investors a lot richer if it works.
- Business Insider
Jamie Dimon sees the Fed hiking rates to the highest in 15 years, but warns that may still not be enough to tame inflation
"Rates are now at 4%, on their way to 5%. Inflation is eroding everything... and a $1.5 trillion will run out sometime mid-year next year."