Getty Images After saving up for decades to retire, many Americans are excited to finally stop working and enjoy their free time. Yet for some, switching to a spending mindset after being so focused on saving can be a difficult transition. “There’s a lot of unknows and if there hasn’t been detailed planning or a
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Longtime crypto bull Meltem Demirors reiterated her confidence in the cryptocurrency Tuesday, telling CNBC she believes the correction in bitcoin is simply weeding out the investors with “paper hands.” Paper hands is a term used in the crypto community to characterize people who sell a digital asset such as bitcoin when turbulence strikes markets. It’s
A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Engine No. 1, the upstart activist firm that put three candidates on Exxon’s board of directors, is launching an exchange-traded fund in a bet that shareholder activism will take center stage in coming years. The Engine
In this article IVZ Thiago Prudencio | LightRocket | Getty Images As the Securities and Exchange Commission defers signing off on bitcoin exchange-traded funds, some companies are exploring other ways to meet investors’ growing demand for cryptocurrency. The SEC on Wednesday pushed another decision to approve Van Eck’s bitcoin ETF, extending the review and asking
The North Park Theatre in Buffalo, New York, is a local landmark. Featuring a single screen, 600 seats and ornate domed ceilings, it is an increasingly rare gem in a sea of multiplex cinemas. “This is the kind of place you want to see a movie — you’re going to forget about the outside world
In this article EL Stephen Ross, chairman and majority owner of the Related Companies, attends the grand opening of phase one of the Hudson Yards development on the West Side of Midtown Manhattan, March 15, 2019 in New York City. Drew Angerer | Getty Images A super PAC funded largely by real estate billionaire Stephen
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In this article PG Daniel Acker | Bloomberg | Getty Images Tide to Go is going to outer space. The Procter & Gamble brand is partnering with NASA to keep astronauts’ spacesuits fresh, even on Mars. Company and NASA scientists have created a fully degradable detergent that will clean clothes without wasting water. Over the
Take a look at some of the biggest movers in the premarket: GameStop (GME) – The videogame retailer’s stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion. MicroVision (MVIS) – MicroVision shares slid 10.8% in the premarket after the
It’s one thing to require unvaccinated travelers to quarantine or undergo extra Covid tests. It’s another to bar them altogether. A small but growing list of travel destinations is either closing its doors to unvaccinated travelers or reopening only to vaccinated ones. Either way, the unvaccinated are seeing their travel options start to dwindle as
A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters GameStop shares climbed after the videogame retailer said it sold five million additional shares, raising $1.13 billion in capital to accelerate growth. The original Reddit favorite meme stock jumped 9% in premarket trading on Tuesday after the company announced the
Attendees at the Bitcoin 2021 Convention, a cryptocurrency conference held a June 4, 2021 in Miami. Joe Raedle | Getty Images A recent bitcoin conference in Miami drew a mix of professionals who have wholeheartedly embraced the cryptocurrency. Yet David Ramirez, chief investment officer at ForUsAll, said he was still able to surprise attendees with
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Should AMC be worth over 4X what Amazon just paid for MGM Studios? zacks.com zacks.com/ultimate
Asian countries have to tame the current waves of the coronavirus outbreak in order to get their economies ready for future rate hikes by the U.S. Federal Reserve, an economist said Monday. Fed officials last week indicated that interest rate hikes could come as soon as 2023, shifting from earlier comments in March that said
In this article JPM LB Pedestrians walk past a Bath & Body Works store. Craig Warga | Bloomberg | Getty Images Lingerie retailer Victoria’s Secret is taking out a $500 million loan to finance its split from Bath & Body Works, Bloomberg News reported Monday. The loan is due 2028 and could pay interest that’s
Southeast Asia’s start-up scene is heating up. This year alone, two of the region’s biggest names — on-demand platforms Grab and GoTo — announced their plans to go public in what investors see as a major milestone that could spawn further entrepreneurship. And now is the perfect time for new entrepreneurs to get started, according
Representations of the Bitcoin cryptocurrency are seen in this illustration picture taken June 7, 2021. Egdar Su | Reuters MicroStrategy said Monday it owns more than 100,000 bitcoins after completing another purchase round, this time spending roughly $489 million on 13,005 tokens. Shares of the Virginia-based enterprise software company were down more than 6% in
Amazon Prime Day is underway. But not every deal is too good to be true. The two-day shopping event, which started early Monday and runs through 3 a.m. ET Wednesday, is offering more 2 million deals — and some are better than others. “That is an incredible number,” said Dave Kender, the editor in chief
Recent discussions of a global minimum tax may lead many to believe that there is just one proposal being discussed for the world. That is not the case. While President Biden has led a renewed effort on global negotiations over minimum taxation, his own proposals for U.S. companies differ significantly from proposals that had previously