Lucas Jackson/ReutersUS stocks plunged on Thursday as bond yields surged following the Fed's policy meeting.The 10-year US Treasury rate jumped to a high of 4.49%, its highest level since October 2007.A potential government shutdown also could be imminent as...
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(Bloomberg) -- Hedge fund billionaire John Paulson used a sham purchase of a luxury penthouse apartment in Puerto Rico to improperly enrich himself by $10 million at the expense of his family trust, his wife claims in a suit...
Updated September 21, 2023 We independently evaluate all recommended products and services. If you click on links we provide, we may receive...
In 2023, some 67 million Americans receive Social Security retirement benefits each month, according to the Social Security Administration (SSA). The average monthly benefit for all retired workers in 2023 is estimated to be $1,827—a sum that...
By Scott MurdochSYDNEY (Reuters) -Chinese electric vehicle maker Nio Inc said on Wednesday it had raised $1 billion in a two-tranche convertible bond from which it intends to use the proceeds to pay down debt and strengthen its balance...
Apoorva Mehta, cofounder and former CEO of Instacart. Lea Suzuki/The San Francisco Chronicle via Getty ImagesOnline grocery-delivery company Instacart (CART) today (Sept. 19) made its long-awaited debut on Nasdaq. Shares, priced at $30 apiece, popped 40 percent at opening,...
Getty ImagesThe stock market's current valuation represents "a really good deal" for investors, according to Wharton professor Jeremy Siegel.The S&P 500 is trading at a forward price-to-earnings ratio of about 19x, slightly above its historical average.Siegel expects the stock...
