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Your family will love you even more if you simplify your estate
Have a clear road map for your estate so your heirs don’t drown in paperwork and probate after your death
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Kroger’s stock upgraded, as an Albertsons deal or no deal would be a good thing
Kroger’s stock got a nice lift on Tuesday, after BMO Capital’s Kelly Bania turned bullish on the supermarket chain, and not just because she’s upbeat about earnings due out in two days.
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Boeing stock falls as whistleblowers come forward ahead of Senate safety hearing
Boeing employee Sam Mohawk alleges that the company is improperly tracking airplane parts that should not be installed on airplanes for safety reasons.
18 de junho de 2024
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JPMorgan’s increased tech spending will let it ‘develop products at speed’: analyst
Citi analyst Keith Horowitz looks at plans by bank to boost its annual tech spending to $17 billion.
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EV stocks trade mostly lower in the wake of Fisker’s bankruptcy
Shares of electric-vehicle makers were trading mostly lower Tuesday, as the bankruptcy of Fisker while not completely a surprise, still sent some shivers through the sector.
18 de junho de 2024
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Micron’s stock extends rally as analyst expects ‘only positive news’
Micron’s stock gains look poised to build Tuesday, reflecting growing optimism for next week’s earnings report.
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U.S. industrial production sees largest increase in 10 months in May
U.S. Industrial production rose 0.9% in May, the Federal Reserve reported Tuesday. That is the biggest gain since last July.
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This basic stock market truth shows why index funds are so hard to beat
Dow history shows that the odds favor bullish investors — regardless of market conditions.
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The biggest wealth transfer in American history is upon us. Some will benefit far more than others.
With younger generations poised to benefit from the so-called great wealth transfer, the wealth gap between Black and white Americans is poised to widen, the Urban Institute says.
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Citi to get lower grade for its living will from the FDIC: WSJ
Citigroup Inc. is about to be dinged with a lower grade from the Federal Deposit Insurance Corp. over how it handles and manages its data and risks as part of its required living-will document, The Wall Street Journal reported Tuesday.
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Retail sales in U.S. shackled by inflation and high interest rates
Sales at U.S. retailers barely rose in May, suggesting Americans are feeling the weight of lingering inflation and high interest rates.
18 de junho de 2024
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McDonald’s to end two-year drive-through AI experiment after mishaps at restaurants using the technology
Some of the mistakes the technology caused include adding nine sweet teas to one customer’s order and offering another an ice-cream cone topped with bacon.
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BlackRock backs IPO from online comics company Webtoon Entertainment
BlackRock agrees to buy $ 50 million in stock in IPO of comics content unit of South Korea’s Naver Corp
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BlackRock launches more active ETFs, ramps up lineup amid ‘tremendous’ demand
BlackRock is launching two more exchange-traded funds that are actively managed by the firm’s professional stock and bond pickers amid rising investor interest in active ETFs.
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Inflation hurts both retirees and near-retirees — here’s how
Impact depends on sources of income, asset holdings, and the amount of fixed-rate debt
18 de junho de 2024
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Six Flags to pay a special dividend, to imply a yield of over 5%
Six Flags’ stock was climbing toward a two-year high on Tuesday, after the theme park operator said it would pay out a special dividend to shareholders, once the deal to buy Cedar Fair L.P. closes.
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Silk Road Medical’s stock rallies on Boston Scientific acquisition deal
Boston Scientific to pay double-digit premium to buy carotid artery disease treatment specialist.
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Nvidia’s stock packs 50% more upside, says Wall Street’s new biggest bull
Many analysts have yet to update their Nvidia price targets to account for the stock’s rally over the past month, but a Rosenblatt analyst just did so in a bold way.
18 de junho de 2024
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‘Long Magnificent Seven’ is now one of the most crowded trades on record, new poll shows
Bank of America said there’s “only been a handful of time” that a single trade was more crowded
