Healthcare is one of the largest expenses in retirement, and one of the biggest risks for people who retire before age 65. Retirement Tip of the Week: Before the open enrollment period ends on Jan. 1...
Tag: C&E Industry News Filter
CEO admits stealing $15 million from her company to finance clothing boutique, Plaza Hotel visits, and $200K on relative’s wedding
That’s some high-end embezzlement. The U.S. chief executive of a German saw-blade manufacturer has pleaded guilty to stealing $15 million from the company to bankroll a luxury clothing and furniture b...
Founder of nationwide tax-prep firm sentenced to prison for skimming $70 million in exorbitant fees over a 5-year period
Talk about a tax burden. The founder of a nationwide tax preparation chain has been sentenced to a year and a day in prison for running a tax refund advance scheme that fleeced customers with $70 mill...
Opinion: Citadel’s $1.15 billion cash infusion isn’t a bailout but the final test of Ken Griffin’s ‘Death Star’
When you add more than a billion dollars’ worth of liquidity to a market maker that already executed more than one of every four trades in the U.S. markets on a daily basis, while simultaneously givin...
These 14 bank stocks are in the best position to benefit from rising interest rates
What would you say if you were told about a company whose stock was trading much lower to expected earnings per share than the S&P 500 Index? At the same time, it’s also expected to increase EPS n...
Opinion: A 27-year-old truck driver just became Robinhood’s first big headache of 2022
Less than a week into the new year, a 27-year-old truck driver from Connecticut might have given Robinhood HOOD, -1.76% a whole new thing to be worried about in 2022. On January 6, an arbitrator for t...
Expect more than 4 rate increases in 2022, and a lot of market volatility, says JPMorgan’s Dimon: ‘If we’re lucky’ the Fed can engineer a “soft landing.”‘
JPMorgan Chase & Co. JPM, +0.10% CEO Jamie Dimon said the consumer remains in great shape in 2022 but also said volatility could be elevated in financial markets as the Federal Reserve aims to nav...
Tilray posts narrower loss as revenue rises
Tilray Inc. shares on Monday gained back some of their losses in recent weeks after the Canadian cannabis producer posted a narrow loss and played up its prospects for European and beverage expansion....
Unprofitable tech trades are off to an ugly 2022. Here are the ETFs to consider as Cathie Wood’s Ark sinks.
Happy Thursday! In mythology, Janus is a god of transitions who is often depicted as a two-faced deity. A mere three sessions into the month of January, and some investors already may be feeling whipl...
Opinion: You don’t have to choose between growth and value with these six technology stocks — they’re a blend of both
Since the onset of the coronavirus pandemic in March 2020, the Big Tech trade has really delivered for investors, as lower interest rates, massive liquidity and digital-transformation investments have...
I’m 68, my husband is terminally ill, and his $3 million estate will go to his son. I want to spend the rest of my days traveling – will I have enough money?
Please help me. I am a 68-year-old woman married 17 years to the love of my life. Our finances have always been separate, and I signed a prenuptial acknowledging that his son will inherit his estate h...
AT&T exceeds HBO Max subscriber outlook
Shares of AT&T Inc. are up about 1% in premarket trading Wednesday after the telecommunications company offered some fourth-quarter metrics ahead of an investor conference. AT&T T, +0.83% saw ...
Opinion: Adam Aron’s resolution to refinance AMC’s debt might put his love affair with ‘Apes’ at serious risk
Adam Aron wants to be happier, healthier and find a clever way around his own retail shareholders to pay off some serious debt in 2022. In a pair of tweets, Aron told his followers that “If we can, in...
Weekend reads: Your money and how to invest in 2022
Happy New Year! As 2021 ends, we once again hope for the new year will bring a pandemic recovery. Here are some looks ahead at what may affect financial markets, companies and even you in 2022. Turn a...
Opinion: Four reasons why value stocks are poised to outperform growth in 2022 — and 14 stocks to consider
Investing is all about being in tune with the trends. Here’s one to be aware of for 2022: Value stocks will most likely beat their growth counterparts. The trend is already under way. Consider: * The ...