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In this article ETH.CM= BTC.CM= A visual representation of bitcoin. STR | NurPhoto via Getty Images Bitcoin jumped 13% on Tuesday continuing its sharp rebound as the Russian assault on Ukraine continues and the U.S. ratchets up sanctions. The cryptocurrency was up more than 13% at $43,500.16 as of 3:03 a.m. ET after hitting a…
FluxFactory | E+ | Getty Images The Russian invasion of Ukraine has rattled global stock markets. It’s also sparked anxiety around personal finances, which have, for many around the world, already been strained by rising costs in the wake of the coronavirus pandemic. Globally, young people were among the groups that have felt the economic…
In this article JPM JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase is preparing to go all-in on private companies. For the past year, the bank has been…
Anchiy In 2021, amid the ongoing pandemic and “Great Resignation,” Americans filed a record 5.4 million applications for new businesses, according to data from the U.S. Census Bureau. That means a lot of new business owners are facing their first filing season. While many people can file their personal returns on their own, tax experts…
Dan Lauer, founding executive director of UMSL Accelerate Dan Lauer By all measures, Dan Lauer had a successful career. The banker turned entrepreneur created the best-selling children’s toy Waterbabies, and after selling 25 million of the realistic dolls, he wanted to give back to his alma mater, the University of Missouri-St. Louis Business School, and empower…
HP Inc. CEO Enrique Lores told CNBC’s Jim Cramer on Monday that the company is keeping its stock buyback program in place, contending it remains a good use of corporate cash even with shares up 18% over the past 12 months. “We continue to believe the value of our shares is undervalued, and, therefore, that…
Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 13% during after hours trading. The company on Monday cited supply chain constraints and parts quality issues for slashing production to between 12,000 and 14,000 vehicles,…
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE U.S. stock futures were steady in overnight trading on Monday before the first trading day of March as investors continue to monitor the fighting between Russia and Ukraine. Dow futures fell 15 points. S&P 500 futures fell 0.05% and Nasdaq 100 futures dropped…
The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said…
Getty Images If you’re considering a Roth conversion, stock market drops may make the strategy more appealing, according to financial experts. While the popular move, allowing higher earners to bypass income limits for Roth individual retirement account contributions, was in peril as House Democrats passed Build Back Better, the spending package stalled in December. Nevertheless,…
A trader works at the New York Stock Exchange on Feb. 25, 2022. Xinhua News Agency | Xinhua News Agency | Getty Images Everyday investors may unknowingly have exposure to Russian stocks — but the good news is, those holdings likely represent a small part of their overall portfolios. Investments linked to Russia have taken…
Four-time NBA champion Shaquille O’Neal issued a stark warning to the Los Angeles Lakers Monday, saying despite an abysmal season, it would be a huge mistake to trade the team’s biggest superstar, Lebron James. “If you trade LeBron, you’ll never win again,” O’Neal said of the Lakers in an interview with CNBC. While the NBA…