Sports Authority declares bankruptcy
U.S. retailer Sports Authority has filed for bankruptcy, and will be closing stores, as it faces heavy competition in a space it once dominated. Bobbi Rebell reports.
On the "Afford Anything" podcast, Suze Orman delivered a pointed critique on the notion of retiring early with a $2 million portfolio. She was direct in her advice, emphasizing the insufficiency of such an amount for early retirement. "Two million dollars is nothing," Orman declared, "It’s nothing. It’s pennies in today’s world, to tell you the truth." Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many Americans successfu
The billionaire hedge fund legend has set his sights on a new investment
Lesser-known small-cap stocks took part in the meme craze this week, outperforming flagship names.
Though obesity drugs continue to gain traction, it is currently a duopoly market. As analysts expect demand to grow at an encouraging pace, several biotech/pharma companies are rushing to enter this space.
Berkshire's collective cost basis in Apple, Chevron, Coca-Cola, American Express, and Occidental Petroleum is around $63 billion. The Oracle of Omaha has spent $77 billion alone buying shares of his favorite stock.
I am 66 years old, still working and with very good health insurance. My company does not have a 401(k). I do have an individual retirement account (IRA) with approximately $120,000 invested. I contribute $272 per month, yet my program … Continue reading → The post Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution appeared first on SmartAsset Blog.
U.S. officials arrested Yicheng Zhang in Los Angeles on Thursday, according to an indictment unsealed in U.S. District Court in California's central district later that day. Daren Li, a dual citizen of China and St. Kitts and Nevis, was arrested at the Atlanta airport in April. The defendants are alleged to have instructed co-conspirators to open U.S. bank accounts in the name of shell companies.
This stock is cheaper than Nvidia, has more growth potential, and will also grow as Nvidia's most critical supplier.
(Bloomberg) -- The US will ask suppliers next month to bid on contracts for as much as $3.4 billion of domestically produced nuclear reactor fuel, according to a government notice. Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touches 40,000 Before Pulling Back: Ma
Small-to-mid-size banks will be the first forced out of business, he says. “There are quite a few banks in the United States right now that have very similar risk characteristics [to Silicon Valley Bank]."