Morning Bid: Dollar slides as job worries mount
Morning Bid: Dollar slides as job worries mount
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Personal Finance
You’ve Built Your Wealth, Now Make Sure Your Family Keeps It
The most significant wealth transfer in history, an estimated $84 trillion, is underway as Baby Boomers pass on their fortunes to their Gen X and Millennial heirs. But most families aren’t ready, and the cultural divide between generations may make it more complicated than ever to preserve that legacy. Until recently, Baby Boomers enjoyed unprecedented
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CD About to Mature? Avoid This Costly Trap—And Make 4 Smart Moves Before the Fed Cuts Rates
Key Takeaways Before a CD matures, you have a short window to decide what to do with your funds. Miss it, and your money may be locked into a low rate and a new term you don’t want. With Fed rate cuts on the way, it’s smart to research options before the deadline so you
Could Investing $10,000 in Figma Make You a Millionaire?
Story stocks are fun, but at the end of the day every business eventually needs to be able to produce sustainable profit growth. There’s certainly no shortage of hype surrounding relatively new stock Figma (FIG -4.36%) these days. And understandably so. This seemingly simple company is growing like crazy, recently reporting a year-over-year quarterly top
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Robinhood Stock Soared 16% Monday on News of S&P 500 Inclusion. Watch These Key Price Levels
Key Takeaways Robinhood shares jumped Monday following news that the retail trading platform will be added to the benchmark S&P 500 index. The price broke out above a falling wedge pattern on Monday, indicating a continuation of the stock’s longer-term uptrend. Bars pattern analysis predicts a potential bullish price target of around $230 and indicates
Why I’m Cautiously Optimistic About Alibaba Stock
Alibaba is quietly rebuilding its long-term growth engine. Alibaba Group (BABA 4.08%) has tested investors’ patience over the past few years. From regulatory crackdowns to slowing consumer spending and intensifying competition from Pinduoduo and Meituan, the company went from China’s undisputed tech champion to a stock many investors gave up on. But the latest results
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How Five Retirees Turned Their Passion into a Business
Call it boredom, call it opportunity, or even call it inevitable. Not only are U.S. retirees heading back to work in retirement — they’re also running the show. Take Jim O’Connell, a New Orleans-based newly minted charter boat captain for GetMyBoat.com, an Airbnb-like boat rental company that allows entrepreneurial boat owners to rent out or
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Why Analysts Call Broadcom a ‘Magnificent Eight’ Stock That Can Challenge Nvidia
Strong quarterly results from Broadcom could signal strong competition for AI heavyweight Nvidia. Broadcom (AVGO) last week reported record quarterly sales that showed strong demand for its AI offerings and introduced a big new mystery customer reports suggested could be ChatGPT maker OpenAI. Citi analysts said the results and growing commitments from buyers—many which are
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New ‘Taylor Swift Tax’ on Vacation and Second Homes: Is Your Home Next?
Starting next summer, Rhode Island will impose a new property tax surcharge on luxury second homes valued at or over $1 million that aren’t used as a primary residence. On its own, that tax might not get a lot of attention. However, the new levy, which supporters say would help address housing shortages and fund
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What You Need to Know About StubHub’s IPO
KEY TAKEAWAYS Online ticketing reseller StubHub is attempting its third time to go public in the U.S., this time with a valuation that could top $9.3 billion. Like BNPL firm Klarna, StubHub is reviving a listing plan that was pulled in April. The online ticketing reseller’s planned IPO will be a test of whether the
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