The buy now, pay later sector has capped off a horror day, with troubled group Zip scrapping its merger with Sezzle, while the Commonwealth Bank saw the valuation of its investment in Swedish group Klarna tumble by $2 billion. In a statement on Tuesday, Zip said will pay $US11 million ($16 million) to walk away from the deal to buy […]
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It’s a bit hard to have a run on a bank when the depositors can’t get access to their funds, are assaulted by what appear to be plainclothes police when they protest, and China’s strict COVID regulations and the technology that supports them are used to flag protestors as health risks, which prevents them from using public transport or entering […]
Read morevideo Experts agree Elon Musk will not buy Twitter Neuberger Berman senior research analyst Daniel Flax and Barron’s senior special writer Allen Root discuss the saga between the billionaire entrepreneur and the Big Tech platform on ‘The Claman Countdown.’ Lawyers representing Twitter condemned Tesla CEO Elon Musk and his parties' "purported termination" of the $44 billion deal to acquire the […]
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Gold prices recovered after early weakness and settled higher on Friday as the dollar exhibited some weakness. However, the most active gold futures contract still ended with a weekly loss, giving up more than 3%, as traders continued to bet on a series of aggressive rate hikes by the Federal Reserve. The dollar index, which climbed a fresh near two-decade […]
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Investors love dividend stocks. They not only provide dependable income, but they also give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends and distributions realized over time. In other words, the total return on an investment or a portfolio includes both dividend income and stock appreciation. We screened our 24/7 Wall St. research […]
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New York (CNN Business)Cotton: it’s the touch, the feel, the fabric of our lives. It’s also in the middle of what economists are calling a “market bloodbath” and in desperate need of a “tourniquet to stop the bleeding.” Each day last week, cotton futures encountered triple-digit losses, and the December futures contract closed below $1 for the first time since […]
Read morevideo How stock market investors can create generational wealth Payne Capital Management’s Bob Payne, Chris Payne and Ryan Payne reveal how investors can maximize their market presence and build wealth on ‘Making Money with Charles Payne.’ U.S. equity futures were trading higher Thursday morning, adding to the gains from the prior session. The major futures indexes suggest a gain of […]
Read morevideo High-paid jobs of the future experiencing ‘hiring freezes,’ investment advisor warns SlateStone Wealth chief market strategist Kenny Polcari and Mayflower Advisors managing partner Larry Glazer weigh in as Americans feel inclined to pick up side gigs amid surging inflation. The government cannot properly measure the impact of "hiring freezes" in tech and finance companies, but officials remain bullish that […]
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BERLIN (Reuters) – The German government will be able to buy stakes in energy companies buckling under the cost of soaring gas import prices, according to draft legislation seen by Reuters, as Berlin bolsters its defences in a deepening economic war with Moscow.FILE PHOTO: The logo of German energy utility company Uniper SE is pictured in the company’s headquarters in […]
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