Market
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Warner Bros. Discovery faces gloomy post-NBA future as company takes $9.1 billion charge
Warner Bros. Discovery reported a $10 billion loss during the second quarter — a biproduct of a massive charge it…
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Intel’s stock is down 38% in a week — and it just got downgraded again
Big selloffs sometimes prompt upgrades by analysts urging investors to buy the dip — but in Intel’s case, another bull…
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‘My son gets zero’: I’m leaving $1 million to my daughter. My son said he’ll convince my ex-wife to leave everything to him. Should I split my assets 50/50?
“I could write a book about how mean my son was to me.” Source link
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Consumers cut back on credit as debts and delinquencies rise
Consumers increased the amount of credit they used in June at a slower rate, in a sign of rising financial…
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Reddit set to harness ‘treasure trove’ of user-generated content, says analyst
Reddit Inc., which reported its second quarterly results as a public company Tuesday, is well-positioned to reap the benefits of…
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In a stock-market meltdown, this retirement-account trick can save you thousands in taxes
But too few people know about it, or do it. Source link
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Illegal-immigration surge has cost these swing-state taxpayers billions, study says
Immigration boosts federal tax revenue, but states and localities bear unique costs. Source link
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The ‘short volatility’ trade has finally blown up. Why funds probably aren’t waiting to pile back in.
For years, sophisticated traders reaped huge returns through bets that would pay off if the Cboe Volatility index, known as…
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IHOP parent Dine Brands’ stock dips after revenue miss and lowered sales guidance
The parent of Applebee’s and IHOP had a better-than-expected profit in its latest quarter but revenue fell short. Source link
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A wild week for stocks has bonds playing defense again for first time in years
Bonds have returned to playing defense over the past week for the first time since the Federal Reserve started raising…
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