Tom Brady, Gisele Bundchen named as defendants in civil suit regarding FTX marketing Getty Images The FTX crisis got even more complicated on Wednesday with two new lawsuits hitting U.S. courts. One of them unites Tom Brady and Gisele Bundchen as defendants with FTX founder Samuel-Bankman Fried, funnyman Larry David and a slew of other…
(Photo by Smith Collection/Gado/Getty Images) Getty Images Key Takeaways Layoffs have been sweeping the tech sector, including big names like Meta, Amazon, Shopify and Netflix. The widespread downsizing has been driven by a hiring spree during the pandemic lockdowns and the concerning economic headwinds ahead. For investors, it means that investing in tech has become…
Dick’s Sporting Goods (DKS) stock is breaking below support at the $100-$101 region today, as well as its 200-day moving average, though the 150-day trendline appears to be keeping losses in check. The shares are down 7% at $99.65 at last glance, as the stock succumbs to the retail sector’s slump following Target’s (TGT) current-quarter…
You’ve been saving for two years to buy a new car without taking out a loan. You’ve read the reviews, found the right car in stock, agreed on a price and now you’re heading over to the dealership with checkbook in hand on a Friday evening, ready to cruise through the weekend. But you may…
Topline Cryptocurrency exchange Genesis on Wednesday suspended withdrawals within its lending unit and blamed the recent collapse of exchange FTX for spurring a spike in withdrawal requests that exacerbated the lender’s liquidity—becoming the latest crypto firm embroiled in market turmoil that’s forced formerly high-flying firms into bankruptcy and wiped out $2 trillion in market value.…
LAS VEGAS, NV – NOVEMBER 13: U.S. Sen. Catherine Cortez Masto (D-NV) gives victory remarks. With … [+] Cortez Masto’s victory Democrats retain control of the Senate. (Photo by Bridget Bennett/Getty Images) Getty Images With Democrats retaining narrow control of the Senate and Republicans on the cusp of winning the barest of majorities in the…
Getty Images Key takeaways Amazon plans to lay off around 10,000 employees beginning as soon as this week The online retail giant represents another in a growing chain of tech firms slashing head counts to constrain costs CEO founder Jeff Bezos issued a recession warning the day before the announcement, suggesting headwinds are blowing in…
PITTSBURGH, PA – NOVEMBER 09: Democratic Senate candidate John Fetterman speaks to supporters during … [+] an election night party. Fetterman defeated Republican Mehmet Oz. (Photo by Jeff Swensen/Getty Images) Getty Images What will last Tuesday’s election mean for older adults and their families? The slim Democratic majority in the Senate combined with what is…
A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp … [+] with the Canon EOS 5DSR and the 100mm 2.8 L lens. Getty Many taxpayers and tax advisers have trouble saying exactly why one should get a tax opinion or how to use it. A…
Pfizer has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a staggering $34.47B worth of stock held by ETFs, and above-average ”DividendRank” statistics including a strong 3.29% yield, according to the most recent Dividend Channel ”DividendRank” report. The report noted a strong quarterly dividend history at Pfizer Inc, and favorable long-term…