Investing

Billionaire investor Carl Icahn warned of the possibility of a significant decline for stocks at some point, telling CNBC’s Scott Wapner that “wild rallies” in the market always meet a dramatic end. Wapner reported Icahn’s warning on “Halftime Report” during a turbulent day for the stock market. “In my day I’ve seen a lot of
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It was a venture that launched with a bang, but leaves with a whimper. That’s how some observers describe the lifespan of Haven, the healthcare alliance among giants Amazon (AMZN), Berkshire Hathaway (BRK.A, BRK.B) and JPMorgan Chase & Co. (JPM) that announced its dissolution this week. Key Takeaways Haven, a healthcare venture formed by Amazon,
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A pump and dump scam is the illegal act of an investor or group of investors promoting a stock they hold and selling once the stock price has risen following the surge in interest as a result of the endorsement. Here, we take a closer look at how pump-and-dump schemes work and how to avoid
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Will vs. Trust: What’s the Difference? Wills and trusts are both estate planning tools that can help ensure your assets are protected and bequeathed to your heirs, besides your spouse, which is generally not an issue. This is because the unlimited marital deduction provision within the United States Estate and Gift Tax Law allows the passing of
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You may have heard that student loans can’t be discharged in bankruptcy. That statement oversimplifies the truth. You actually can get student loans discharged in some cases, but the bar is higher and the process more burdensome than for other types of debt. Here is what you need to know. Key Takeaways Under U.S. bankruptcy
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CFA vs. CPA: An Overview There is understandable confusion between different financial professionals and their designations. Accountants and analysts are both important members of the financial sector, but sometimes, the distinctions between the functions performed by the two are subtle. A certified public accountant (CPA) is a person who has completed the Uniform Certified Public
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Entrepreneurship is important for a number of reasons, from promoting social change to driving innovation. Entrepreneurs are frequently thought of as national assets to be cultivated, motivated, and remunerated to the greatest possible extent. In fact, some of the most developed nations such as the United States are world leaders due to their forward-thinking innovation,
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Homeowners insurance is designed to cover you against various types of damage, but you may be wondering whether that includes mold. It’s a good question to ask, particularly if you’re purchasing an older home and want to avoid any potentially costly surprises. The answer isn’t always clear-cut. “Generally, standard homeowners insurance policies can cover mold
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Ethical violations and criminal activities in various industries have affected our economy over the past few decades, particularly in the banking, financial, and housing sectors. When it comes to financial crimes, mortgages provide ample opportunity for bad actors to steal, defraud, or cut corners. Let’s examine the complex ethical and criminal issues surrounding mortgage fraud.
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Supporters listen as Democratic U.S. Senate candidate Jon Ossoff speaks at a news conference in Grant Park after the election in Atlanta, Georgia, U.S. November 6, 2020. Dustin Chambers | Reuters Wall Street and Washington are operating, these days, on the assumption that Republicans will retain control of the Senate after at least one Republican
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The four RS-25 engines slated to fly on the maiden flight of NASA’s SLS rocket, at the company’s facility at NASA’s Stennis Space Center. Aerojet Rocketdyne Lockheed Martin intends to buy Aerojet Rocketdyne at a $4.6 billion equity value, a deal that adds rocket engine and spacecraft propulsion assets to the defense contractor as it
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