Starz could turn into an ‘acquisition machine’ after Lionsgate spins it off

In this article LGF.A Liberty Media’s John Malone Michael Kovac | Getty Images Starz wasn’t John Malone’s most successful investment. But it may be his most symbolic. The media mogul once controlled Starz as an independent company. In 2016, he merged it with Lionsgate, another company he owned a piece of at the time. A…

The Fed has been clear, but the economy still isn’t ready for the big rate hikes ahead, Wells Fargo CEO says

Charles Scharf Qilai Shen | Bloomberg | Getty Images Wells Fargo CEO Charles Scharf said he is betting on “more significant rate hikes” as the Federal Reserve tries to rein in high inflation, and that the economy is not as prepared as it should be. “I wouldn’t bet on a number, but I would bet…

A winning $1 million Mega Millions ticket is about to expire: Here’s how much lottery money goes unclaimed

. Mike Segar | Reuters It looks like a Mega Millions player is about to join the ranks of lottery winners who end up missing out on a windfall. A ticket purchased in Lewisville, North Carolina, and worth $1 million will expire Thursday at 5 p.m. The amount is a second-tier prize for matching five…

This former financial advisor pivoted to teach advisors about crypto: ‘A lot of folks are convinced it’s a fad or it’s a fraud’

Ric Edelman, founder of the Digital Assets Council of Financial Professionals. Heidi Gutman | CNBC Bitcoin’s recent rout — including its recent drop below $20,000 — has given some cryptocurrency naysayers an “I told you so” moment. “How do you make a million? Invest a billion in bitcoin,” one panelist joked at a conference for…

Can You Deduct Facebook Donations from Your Taxes?

Facebook fundraisers have become a popular, easy way to raise money for worthy causes. With the social media platform boasting an estimated 2.74 billion monthly users, people have been able to solicit support for organizations that support causes near and dear to their hearts. Facebook even takes the step to prompt users to set up…

Bed Bath & Beyond says it’s still open to selling its Buybuy Baby division

In this article BBBY A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch in Torrance, California. Randy Shropshire | Getty Images As Bed Bath & Beyond shakes up its leadership suite and ousts its CEO, the retailer said Wednesday it remains open to another big change: A potential…

Bed Bath & Beyond replaces CEO as retailer’s sales plummet

In this article BBBY A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Bed Bath & Beyond said Wednesday that it is replacing CEO Mark Tritton as part of a leadership shakeup as the retailer’s quarterly sales and earnings sharply missed Wall Street expectations. Shares…

Debt collectors’ ‘pay to pay fees’ are ‘often illegal,’ consumer watchdog agency says

Anchiy | E+ | Getty Images Certain “junk” fees often levied by debt collectors are illegal under federal law, the Consumer Financial Protection Bureau said Wednesday. Debt collectors charge so-called “pay-to-pay” fees, also known as convenience fees, when consumers make a payment online or over the phone, according to the federal agency. These fees violate…

‘It’s like going to the DMV online’: What to know about buying Series I savings bonds via TreasuryDirect

Eakgrunge | Istock | Getty Images There’s been record demand for federal Series I savings bonds, an inflation-protected and nearly risk-free asset, offering an eye-popping 9.62% annual return through October. However, it’s not easy to buy I bonds through TreasuryDirect, a 20-year-old platform run by the U.S. Department of the Treasury, financial advisors say.  “It’s…

Bitcoin may become ‘massively more valuable’ in the next decade, financial expert predicts

Ric Edelman, founder of the Digital Assets Council of Financial Professionals. Heidi Gutman | CNBC Bitcoin’s recent rout — including its recent drop below $20,000 — has given some cryptocurrency naysayers an “I told you so” moment. “How do you make a million? Invest a billion in bitcoin,” one panelist joked at a conference for…

Fight for Spirit Airlines goes down to the wire with competing bids from Frontier and JetBlue

In this article ULCC JBLU AAL A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The most heated airline battle in recent years comes to a head on Thursday when Spirit Airlines‘ shareholders vote on a…