Publication
‘ We believe it’s real’: My mom received a check from a class-…
Dear Quentin, I handle my elderly mother’s finances. She got a check in the mail for a class-action settlement and cashed it. It later bounced and now they are deducting that amount from her account. I believe this is a legitimate case of timeshare...
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Sen. Thom Tillis drops opposition, says he’ll back Kevin Warsh’s Fe…
Sen. Thom Tills said Sunday he’s ready to support the confirmation of Kevin Warsh as the new chair of the Federal Reserve, now that the Justice Department has dropped its criminal case against outgoing Chair Jerome Powell. Speaking Sunday on NBC’s...
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Cheap stock options suggest a big post-earnings swing next week f…
Earnings reports next week are led by some of the largest tech companies: Apple AAPL, Amazon. com AMZN, Alphabet GOOG GOOGL, Meta Platforms META, Microsoft MSFT and Qualcomm QCOM. The earnings surprises we look for have a particular pattern of implied...
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This is what critics of Apple and Tim Cook get dead wrong
Tim Cook must feel as though no good deed goes unpunished. Even though his tenure at Apple AAPL has been hugely successful by almost any measure, the financial media can barely restrain itself in belittling his accomplishments as CEO. It shows once...
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Investors brace for renewed volatility after this weekend’s Iran developments
After a three-week-long rally that’s brought the S&P 500 to new record highs, investors are again bracing for uncertainty following a whirlwind of weekend developments concerning the war with Iran. Hopes had been raised last week that the war may soon...
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Jury finds that Live Nation is an illegal monopoly but a breakup ,
After a jury on Wednesday found that Ticketmaster owner Live Nation was an illegal monopoly, fans, smaller venues and artist groups expressed hope for a breakup of the concert-ticketing giant. But analysts said such a split probably wouldn’t happen....
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Albertsons cites slower GLP - 1 growth, higher gas prices for a …
Albertsons shares were knocked lower Tuesday after the grocery-store chain forecast weaker-than-expected sales trends for this year and said surging gas prices were starting to squeeze some consumers. Albertsons ACI also announced a roughly $774...
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April’s stock-market rebound is about to face its first major test a…
The recovery in the U.S. stock market since the beginning of April could soon face its first critical test, as the first-quarter corporate earnings season is about to get underway. Many on Wall Street have credited analysts’ sunny earnings estimates...
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Software stocks are having a ‘ fullfledged breakdown’ - and they…
Software stocks are experiencing another brutal selloff on Thursday, and one technical strategist suggests more pain could be ahead for the beaten-down sector. The iShares Expanded TechSoftware ETF IGV is off 4.4% in Thursday afternoon trading,...
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Multimillion- dollar pay these 20 low-wage companies is…
At America’s 20- largest low-wage employers, median wages won’t get you a used car or a two-bedroom apartment. In many cases, workers are forced to rely on government benefits such as SNAP or Medicaid.
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April is usually a strong month for stocks - but three factors now…
Investors had hoped April’s historically strong seasonality could bring a rebound for stocks after a rough first quarter. But several forces may stand in the way. The S&P 500 SPX fell 4.6% in the first quarter - its worst first quarter since 2022 - as...
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OpenAI is officially a media company after buying Silicon
In an unprecedented business move, OpenAI announced Thursday the acquisition of digital media outlet Technology Business Programming Network, also known as TBPN. The acquisition is OpenAI’s first foray into media, and comes just weeks after the Wall...
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Oil prices saw a record rise in March Why the US may not ne . . . …
Global oil prices in March cemented their largest monthly gain on record, following huge disruptions to energy producers in the Middle East and shipping in the Strait of Hormuz over the past month. What began with U.S. and Israeli attacks on Iran in...
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Stocks are teetering on the edge of correction territory. Why the ‘ TAC…
With U.S. stocks on the doorstep of correction territory, the once-reliable “TACO trade” -where “Trump Always Chickens Out” when trouble hits markets - has been looking suspect. Concerns about the escalating Iran war, the surge in oil prices CL.1 BRN00...
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AI wants to spend your money for you. Should you trust it?
Financial planner Stephen Kates thinks using artificialintelligence tools for personal finances is similar to using a chainsaw: “In the hands of the right person with the right capabilities, you can carve a beautiful statue or cut a tree or do...
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A picture of a retirement plan is worth a thousand words could help you save more
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The financial sector is sending some spooky technical signals …
A number of charts suggest the financial sector is suffering through a bearish technical breakdown, and that could send a chilling signal for the rest of the stock market. The State Street Financial Select Sector ETF’s XLF chart has been flashing...
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