So much of the financial advice we get from social media, television, and podcasts focuses on the instant gratification of wealth. Experts promise ways to get rich fast, proposing we cut spending on everyday items – those frilly Starbucks drinks and organic avocados … and eggs – in favor of putting an extra few dollars […]
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Broke Trump’s Latest Desperate Strategy to Avoid Paying E. Jean Carroll
“We started this effort to Replace Sinema over two years ago to hold Sinema accountable for betraying the Arizonans who elected her. Sinema obstructed President Biden’s Build Back Better agenda, got in the way of fundamental rights like abortion care and voting, and did the bidding of her wealthy donors who fund her luxury lifestyle. […]
Read MoreTrump Is Broke as Heck and Completely “Embarrassed” by It
Lauren Boebert, for her part, said in a statement that her son “will take responsibility for his actions and should be held accountable for poor decisions just like any other citizen.” “I love my son Tyler, who has been through some very difficult, public challenges for a young man, and the subject of attention that […]
Read MoreDonald Trump Is Seriously Struggling to Post His New York Fraud Bond
Screenshot So despite what Cooper said Tuesday evening, it is actually critical to talk about Gaza in any analysis of Michigan’s results. Talking about Israel’s bombing of Gaza—and how Biden is backing that bombing—is the actual politics of the issue. “I think sometimes as we’re talking about this issue, we are centering President Biden, we […]
Read MoreBillionaire Donald Trump Can’t Post His New York Fraud Bond
Screenshot So despite what Cooper said Tuesday evening, it is actually critical to talk about Gaza in any analysis of Michigan’s results. Talking about Israel’s bombing of Gaza—and how Biden is backing that bombing—is the actual politics of the issue. “I think sometimes as we’re talking about this issue, we are centering President Biden, we […]
Read MorePorsha Williams Net Worth: Amid Simon Guobadia Divorce, How Much Money Does She Have?
NewsOne Featured Video Simon Guobadia and Porsha Williams attend Porsha Williams are pictured on June 22, 2021, at Republic in Atlanta, Georgia. | Source: Prince Williams / Getty After 15 months of marriage, Porsha Williams is filing for divorce from her husband, Simon Guobadia. An exclusive report from PEOPLE reveals that the Real Housewives of Atlanta […]
Read MoreIntel is asking for an additional $10 billion from CHIPS act subsidies because the chip giant feels it deserves more cash for investing in US developments
Poor Intel. Last year was pretty rough for the 55-year-old semiconductor firm, as it accrued just $54.2 billion in revenue, 14% less than the year before. After paying all its bills for manufacturing, research and development, and biscuits, there was just $1.7 billion left over in net income. Poor Intel. So when the US administration […]
Read MoreKevin Cohee On Financial Literacy, A.I. And How Banks Should Be Helping You Make Money
NewsOne Featured Video Source: One United Bank / One United Bank Since this country’s inception, banks have played a significant role in shaping America and its economy. Banks not only help finance infrastructure projects such as roads and bridges, but they also are the lifeblood for small businesses and people trying to find their way […]
Read MoreLet’s Abolish the $100 Bill
The idea of recalling large denominations sounded outrageous, but the federal government had done it before. In 1945 the Treasury stopped printing $1000 bills (graced with the face of Grover Cleveland) and $500 bills (William McKinley), and in 1969, at the direction of President Richard Nixon, the Treasury recalled the $1000 bills, along with $5000 […]
Read MoreCan The US Economy Avoid A Recession In 2024?
NewsOne Featured Video Good things are in store in 2024. Sakorn Sukkasemsakorn/iStock/Getty Images Plus With economic forecasters rewriting their 2024 outlooks following recent moves from the Federal Reserve, The Conversation turned to two financial economists to share their thoughts on the upcoming year. D. Brian Blank and Brandy Hadley are professors who study finance, firm […]
Read MoreMeet the Kleptobrats, the World’s Worst Nepo Babies
You’ve heard of nepo babies, those fortunate sons and daughters of Hollywood’s elite (and Britains, too). They’ve got nothing on kleptobrats. Kleptocracy is a sort of catchall term for governments where leaders prioritize their own prestige and personal enrichment over the welfare of the population. Dictators and oligarchs rule through violence, strip the local resources, […]
Read MoreAuntie Maxine Waters Presses Banks To Open Branches In Her District As Black Residents Face Accessibility Problems
NewsOne Featured Video Source: Drew Angerer / Getty California Congresswoman Maxine Waters is prioritizing her constituents’ financial needs by demanding banks open up more branches in her district in which the largest ethnic group of residents is Black people. The demands come as research shows African Americans face considerable challenges in accessing bank services for […]
Read MoreSo You’re Getting A Divorce: Do You Need A Forensic Accountant?
They show up in celebrity divorces (think Kevin Costner), big bankruptcies (think FTX) and financial fraud cases. But you don’t have to be famous to benefit from the help of a deep diving accounting pro. By Kelly Phillips Erb, Forbes Staff As a stay-at-home mother of three involved in a nasty divorce, the Virginia woman […]
Read MoreBill In Congress Aims To Stop Kombucha From Being Taxed Like Beer
bottle of variety probiotic drink Kombucha getty Senate Finance Chairman Ron Wyden (D-Ore.) and U.S. Representative Earl Blumenauer (D-Ore.) have reintroduced legislation to put a stop to federal alcohol taxes on kombucha companies. If you’re not a regular kombucha drinker, chances are that you’ve seen it for sale in Whole Foods stores—or on tap in […]
Read MoreTencent-Backed AI Drug Discovery Startup Xtalpi Files For Hong Kong IPO
Xtalpi operates autonomous labs in Shenzhen, Shanghai and Boston. Xtalpi Xtalpi, a Shenzhen-based company which uses artificial intelligence to find chemical compounds that could be developed into new drugs, has filed for an initial public offering in Hong Kong. Xtalpi did not disclose details of its IPO in its filing to the Hong Kong stock […]
Read MoreHow And Where To Buy Black For Small Business Saturday, The Holiday Season, And Always
NewsOne Featured Video Source: Boston Globe / Getty UPDATED: 5:30 p.m. ET, Nov. 24, 2023 With the holiday shopping season officially in full swing, it’s a foregone conclusion that the biggest retail corporations (read: monopolies) will rake in the big bucks from their faithful customers and new ones alike. But what about the smaller players […]
Read MoreA Comprehensive Guide To Buying Black During The Holidays
NewsOne Featured Video Source: Portra / Getty Black-owned businesses are a very important aspect of Black culture. They give us jobs, foster products that are geared towards us, and promote entrepreneurship in our communities. But without our support, many Black businesses wouldn’t be able to survive. In this day in age, it might seem difficult […]
Read MoreWhy Federal Reserve’s Pause Could Be Another Head Fake
Jerome Powell has been exuding a “mission accomplished” vibe, but not so fast, warn economists at Deutsche Bank. Win McNamee/Getty Images In recent public statements, Chairman Jerome Powell has exuded a distinct “mission accomplished” vibe. This has stock markets from Tokyo to Jakarta giddy at the prospect of U.S. bond yields receding from 17-year highs. […]
Read MoreHow A Cricket Match Got Aramco Tangled In India’s Air Pollution Debate
Sri Lanka and Bangladesh compete in an ICC Men’s Cricket World Cup 2023 match at the Arun Jaitley … [+] Stadium in Delhi, India on on November 6, 2023 with Aramco sponsorship logos in the backdrop. (Photo: Matt Roberts-ICC/ICC via Getty Images) ICC via Getty Images Earlier this month, the 2023 Cricket World Cup – […]
Read MoreHongkong Land Names New CEO As Underlying Profits Slump
Michael Smith, the incoming CEO of Hongkong Land. South China Morning Post via Getty Images Hongkong Land’s Robert Wong will step down from his role as chief executive after seven years at the helm. The property arm of Hong Kong-based conglomerate Jardine Matheson has announced that he will be succeeded by Michael Smith, the regional […]
Read MoreCan President-Elect Javier Milei Turbocharge Argentina’s Energy Industry?
Argentina’s President Elect Javier Milei poses for a portrait after a recent interview for the … [+] political TV show in Buenos Aires, Argentina. (File photo: Tomas Cuesta/Getty Images) Getty Images In the end, when the results of Argentina’s Presidential Election became apparent on Monday (November 20, 2023), the outcome wasn’t all that surprising. However, […]
Read MoreNot Just Microsoft: These Big Tech Stocks Also Just Hit Record Highs
Topline Technology stocks rallied Monday as an eventful weekend in the burgeoning artificial intelligence space and a hotly anticipated earnings report drove optimism, sending several notable stocks to their highest level on record. Nvidia CEO Jensen Huang, left, and Microsoft CEO Satya Nadella testify in Congrss in September. Getty Images Key Facts The Nasdaq Composite […]
Read MoreBP Makes Statement Tieback To North Sea Hunting Ground After 20 Years
A general view of an oil platform in BP’s Eastern Trough Area Project (ETAP) in the North Sea, … [+] around 140 miles east of Aberdeen, Scotland, U.K. (Photo: WPA Pool/Getty Images) Getty Images Following months of mixed headlines, energy giant BP (LON: BP) recently attempted to grab market attention for the right reasons by […]
Read MoreNational Service is Good for Business
Early in my career, I had the opportunity to serve as a White House Fellow. The White House Fellowship program provides young leaders an opportunity to gain first-hand experience at the highest levels of federal government. The White House Fellows often return to their previous professions with a much better appreciation for government service. White […]
Read MoreOp-Ed: Black Community Uplift Requires Robust Investment
NewsOne Featured Video Source: Education Images / Getty Old tactics such as redlining and exorbitant, predatory banking fees continue to be among the ways Black people are systemically shut out of entrepreneurship and community building. The dream of owning a home, a business or revitalizing a community is often out of reach for us, no […]
Read MoreWill Ozempic Craze Hit Fitness Stocks? Here’s What Analysts Predict.
Topline The surging popularity of weight-loss drugs may immediately seem to be potentially problematic for fitness stocks, as individuals have an alternative to shed pounds, but analysts suggest the craze is likely a boon for the industry as takers of these drugs likely will invest further in their appearance and wellness. Planet Fitness is among […]
Read MoreAs Energy Megadeals Rise, Is BP The Next FTSE 100 Takeover Target?
A sign at BP petrol station in Surrey, U.K., on Monday, October 30, 2023. (Photo: Jason … [+] Alden/Bloomberg) © 2023 Bloomberg Finance LP Whenever cyclical volatility and uncertainty hit the energy markets, consolidation becomes the order of the day as oil and gas majors go on the prowl. Oftentimes, the urge to add attractive […]
Read MoreHundreds Of Colleges Now Offer Automatic Admission To Students
Programs offering “direct admissions”—without a formal application–are spreading. The trend could accelerate in the the wake of the Supreme Court decision killing affirmative action. By Emma Whitford, Forbes Staff More than half of students report that applying to college is the most stressful academic experience they’ve had, but 18-year-old Elsy-Marbeli Cruz-Parra skipped the angst and […]
Read MoreWorld Bank Says Oil Could Hit $150 But Don’t Hold Your Breath
A derek pumps oil in Kuwait. (Photo by Joe Raedle/Getty Images) Getty Images Global markets were greeted on Tuesday (October 31, 2023) by news that World Bank has forecast crude oil prices to rise to $150 per barrel or higher if tensions in the Middle East rachet up further. More so, as the war in […]
Read MoreStocks Notch 2-Week-Best Rally—But Growth Hopes May Be ‘Divorced’ From Reality
Topline Stocks staged a broad rally Monday, a rare sight recently as confidence has weakened. Stocks have whipsawed in 2023, though the S&P 500 is up 8% for the year. Getty Images Key Facts The Dow Jones Industrial Average rose 310 points, or 1%, by mid-morning, while the S&P 500 and tech-heavy Nasdaq jumped 0.7% […]
Read MoreS&P 500 Dips To 5-Month Low As Earnings Season Highlights Struggles Of ‘Magnificent 7’ Tech Stocks To Keep Rally Afloat
Topline Major stock indexes slipped to their lowest levels since May this week as the largest technology companies struggle to hold up the broader market’s gains, an issue on full display amidst the ongoing third-quarter earnings season. Sentiments have grown bleaker on Wall Street. Getty Images Key Facts The S&P 500 and tech-heavy Nasdaq closed […]
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