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New York Knicks Still NBA’s Most Valuable Franchise, ‘Forbes’ Reports

Although the New York Knicks have exhibited substantial improvement under head coach Tom Thibodeau this season, the club is likely still some time away from competing for an NBA title. However, there is one area where the franchise continues to reign over the rest of the association. Per Forbes‘ latest list of NBA team valuations, […]

By Ryan Aston | 2y ago

European Shares Climb As Investors Hope For A Joe Biden Win

Stock markets across Europe and Asia soared on Election Day in the U.S. as investors anticipated a win for Democratic candidate Joe Biden. Share prices in London saw their biggest daily rise in two months as market participants hoped that a Biden win would bring in a larger stimulus package to help the economy recover […]

By Maria Goncalves | 2y ago

China Is Helping North Korea Launder Money Through US Banks In ‘Concerted Attack,’ Leaked Documents Reveal

Recently leaked documents have revealed that North Korea has been benefiting from an elaborate money laundering scheme for years. The enterprise, which often relied on Chinese firms to move money through banks in New York, has been called a “concerted attack” on the U.S. by a former official at the Treasury Department. According to NBC […]

By Anna Harnes | 3y ago

Kanye West Is Officially A Billionaire But Disagrees With ‘Forbes’ Over His Net Worth

Rapper Kanye West has finally become a billionaire, a feat that he has hoped to accomplish for years. The 42-year-old was granted the title by Forbes Magazine. However, West disagrees with the publication regarding how much money he is really worth, according to CNN. West has wanted to be a billionaire for so long that […]

By Helen Storms | 3y ago

The Mormon Church Is Accused Of Hiding $100 Billion In Assets, According To Whistleblower

The Church of Jesus Christ of Latter-Day Saints, a religion more popularly known as the Mormon Church, has been accused of hiding over $100 billion in assets, according to The Wall Street Journal. In fact, news of the billions owned by the church only became public knowledge after a whistleblower accused the organization of improperly […]

By Anna Harnes | 3y ago

The DOW Hits 29,000 For The First Time In History: Here Are The Previous 3 Records

Wall Street was cheering on Friday after stocks rose to record highs, with the Dow Jones Industrial Average breaking 29,000 for the first time in its history. However, the victory was short lived, as stocks then tumbled around 100 points by the afternoon. The volatility comes in response to a number of headlines that have […]

By Anna Harnes | 3y ago

Former Wells Fargo Executives May Face Criminal Charges In Coming Weeks, Sources Say

A number of former high-level business executives at Wells Fargo might soon be indicted in the upcoming weeks after being the subject of a criminal investigation, reports The American Banker. The charges would stem from their involvement in the bank’s fake account scandal, in which millions of fraudulent savings and checking accounts were created for […]

By Anna Harnes | 3y ago

Global Financial Meltdown Draws Nearer As U.S. Corporate Debt Balloons

President Donald Trump recently warned of a stock market crash if he doesn’t win re-election in the 2020 presidential election, per The Inquisitr. The warning was contradicted by a Bloomberg News report that suggests that the stock market has experienced more gains under Democratic Presidents Barack Obama and Bill Clinton than Trump. But that doesn’t […]

By Tyler MacDonald | 4y ago

Alexandria Ocasio-Cortez: Warren Buffett’s Idea To Go After CEOs Of Failed Banks Is Not ‘Crazy’

Freshman Congresswoman Alexandria Ocasio-Cortez reacted to a proposal by esteemed billionaire and investment guru Warren Buffett in which CEOs of banks bailed out by the United States government could be gone after for their personal net worth, Newsweek reports. “It still blows my mind that the CEOs who crashed our economy + caused millions of […]

By Josh West | 4y ago

Amazon Claims It Enjoyed Its Most Successful Cyber Monday Yet This Year

With an influx of online shopping, more and more Americans are doing their shopping from home. Amazon Prime has made it easier and faster than ever to shop for just about anything and receive it in a couple days. It was no surprise that Amazon anticipated and received a highly successful Black Friday and Cyber […]

By Helen Storms | 4y ago

Stock Market Reaction Mixed In Aftermath Of Midterm Elections

Global financial markets are noticeably higher across the board in the opening hours of Wednesday, but the results of the 2018 midterm elections which saw the Democrats take control of the House of Representatives seemed to have a minor impact at best regarding financial sentiment, at least in the immediate aftermath, according to reports from […]

By Terrence Smith | 4y ago

Wells Fargo Admits Hundreds Of Customers Wrongly Lost Their Homes To Foreclosure Due To Computer Glitch

According to CNN Money, hundreds of people had their homes foreclosed after Wells Fargo bank incorrectly denied them mortgage modifications due to glitches in new software. The glitch was discovered during a regulatory filing this week and the bank has responded by setting aside $8 million to compensate those affected. Wells Fargo also reported that […]

By Isabel Leah Cohen | 5y ago

Stormy Daniels Willing To Give Up $130,000 In NDA Money, Says Her Lawyer

Stephanie Clifford, now better known as adult film star Stormy Daniels, is ready to give up the $130,000 paid to her by Trump lawyer Michael Cohen in order to be able to share her story, New York Daily News reports. This revelation comes through her lawyer, Michael Avenatti, who filed a complaint this week claiming […]

By German Emilio Beard | 5y ago

Starbucks’ Howard Schultz Enthusiastic Over Cryptocurrency But Not Bitcoin

During a recently held first quarter earnings conference call, former Starbucks CEO Howard Schultz revealed that he is very much interested in the future of cryptocurrency and how one day it could be the preferred mode of payment for major retailers. The coffee house chain is also apparently studying the possible applications of cryptocurrency and […]

By Charleston Lim | 5y ago

South Korean Banks Involved In Bitcoin And Crypto Trading Under Investigation

South Korean Authorities have reportedly started investigating a number of the country’s biggest financial institution in connection with their involvement in the growing Bitcoin and cyptocurrency trading market. The growth of Bitcoin and other cryptocurrencies along with the growing interest in crypto trading has caught the eye of local authorities who are now ramping up […]

By Charleston Lim | 5y ago

How’s Your Credit? 2017 Cities With The Highest And Lowest Credit Scores

Unfortunately, your credit score is much more than a three-digit number – it’s a numerical (often unfair) representation of your financial habits. And, whenever you’re applying for a new credit card, buying a home, starting a business, or purchasing a new vehicle, it counts. When it comes to a credit score, many people know it […]

By Tabitha Britt | 6y ago

Rap Mogul Jay Z Launches Venture Capital Fund

Music legend Jay Z, who just became the first rapper inducted into the Songwriters Hall of Fame, is launching a venture capital fund along with his Roc Nation business partner Jay Brown according to Axios. The venture capital fund will be a partnership with San Francisco firm Sherpa Capital, which has gained prominence through its […]

By Hope Collier | 6y ago

Trump Executive Orders: ‘Trade War’ Over Mexico Wall, Muslim Ban Predicted

Will President Donald Trump end up being bad for American businesses because of the isolationist nature of his executive orders such as slashing business regulations, being a climate change denier, imposing a Muslim ban, or building the Mexico border wall? Trump has been signing a number of executive orders during his first week as president, […]

By Maryam Louise | 6y ago

Vicki Gunvalson Slammed For Celebrating Successes As ‘RHOC’ Co-Stars Leave The Show

Vicki Gunvalson has been on The Real Housewives of Orange County since the very beginning, and it’s no secret that Vicki doesn’t want to be associated with those wives who simply shop, lunch, and gossip with girlfriends. Vicki has worked very hard on her insurance company, starting with a home office and moving into a […]

By Mary Jane | 6y ago

2017 Pot Bank Law May Give The Weed Business More Money Rights

Elizabeth Warren is attempting to right a wrong that has been dealt to the marijuana industry concerning their ability to access full services at American banks, and a decision in their favor could save weed businesses from armed robbery by civilians and law enforcement asset seizures that total in the millions. Worse, because marijuana businesses […]

By Maryam Louise | 6y ago

Conor McGregor Net Worth Will Increase In 2017: ‘Game Of Thrones’ Only One New Angle

Is Conor McGregor living the “high life” because he just found out he is making more money and his overall net worth in 2017 will be increasing? Daily Mail reported around December 16 that Conor McGregor was seen partying in high style with his arm out of a car window in Malibu, California. However, it […]

By Maryam Louise | 6y ago

Diamond Investment History Gets A Green And Nuclear Upgrade

Diamonds have been a captivating topic for people across history, but recently there were a couple of new business investment chapters added that include the environment and the tough market of recycling nuclear material. Although many people are interested in large-sized or rare diamonds like the Hope Diamond or the Foxfire Diamond, as previously reported […]

By Maryam Louise | 6y ago

Hillary Clinton, Champion Of The Patriarchy

History has been made. A landmark for feminist achievement around the world. Trump is actively sabotaging his own campaign, and at long last the world’s highest political office will in all probability be held by a woman. A woman who has dedicated her entire political life to propping up the sickest aspects of masculine dominance […]

By Caitlin Johnstone | 7y ago

Bernie Sanders Needs Fans To Adopt A Delegate, DNC Rally Rumors Pending

Although many headlines claim that Bernie Sanders is going to concede to Hillary Clinton and give her his full nomination any day now, the truth is that Bernie Sanders fans are #StillBernie because he promised to keep campaigning until the Democratic National Convention (DNC) that takes place on July 25 to 28, according to L.A. […]

By Maryam Louise | 7y ago

Coconut Oil Frenzy Sees Price Booming

Demand for younger coconut products has gone up, pushing up prices of more traditional coconut products, reports the Wall Street Journal. Coconut water, coconut sugar, and the on-trend panacea for anything and everything — virgin coconut oil — has pushed prices to $1,448 a metric ton, more than fifty percent higher than 2013. Hailed on […]

By Caitlin Johnstone | 7y ago

Meet Alexandra, The World’s Youngest Billionaire: The Young Money Millennium

At age 19, Norwegian beauty Alexandra Andresen is the world’s youngest billionaire, having recently inherited a 42.5 percent stake of her family’s investment company. The world’s three youngest billionaires — Alexandra, her sister Katharina, and a third fresh-faced Nordic billionaire — are Norwegian, all by familial inheritance. https://www.instagram.com/p/z7CE0GJ4Gc/?taken-by=alexandraandresen Youth + beauty + money has, unsurprisingly, […]

By Sally Elliott | 7y ago

Impeach Matt Bevin Petition: Is He Cutting Courts Or Saving Kentucky’s Elderly Teachers

The action to attempt to impeach Kentucky Governor Matt Bevin has expanded since it was initiated on February 18 with the petition by Change.org reaching almost 9,000 signatures as of February 24 at 12:30 A.M. Kentucky voters signing the petition to remove Governor Matt Bevin from office may be viewed by outsiders as angry over […]

By Maryam Louise | 7y ago

The Move Towards A Cashless World: Apple Pay Continues Expansion, But Chip And Pin Proves Unpopular During Festive Period

Apple has expanded the number of issuers participating in the Apple Pay network, reports Mac Rumours. The new list now includes 58 additional banks, credit unions and financial institutions, and takes the total number of issuers supporting the contact-less payment service in the United States to 900. Apple has committed to rolling out Apple Pay […]

By Daniel Woods | 7y ago

Thanksgiving Dinner Prices On The Rise, But $45,000? [Video, Photos]

Thanksgiving dinner prices are on the rise, according to a new survey by the American Farm Bureau Federation (AFBF). But would you consider paying $45,000 for Thanksgiving dinner? While the AFBF determined that the price of Thanksgiving dinner for 10 increased 70 cents from 2014 to 2015, and now costs an average $50.11, a New […]

By Charisse Van Horn | 7y ago

Wall Street In Panic: What If Trump Wins?

It appears as though Wall Street has gone to Defcon 4, and the reason isn’t the recent stock market dip — it is because Donald Trump is on an unstoppable rampage toward the GOP candidacy. According to Politico, everyone, including Wall Street, regarded Trump as a joke. Trump was nothing more than a circus spectacle […]

By Hawke Kirschner | 8y ago

NYSE Reveals Reason Behind Shutdown

The New York Stock Exchange (NYSE) has revealed the cause of the recent shutdown that shocked investors around the world. The NYSE posted a statement on its website at around 6 p.m. yesterday explaining what led to a collapse of the NYSE system. According to the statement, “the rollout of a software release” was to […]

By Mohamed Zeineldine | 8y ago

Apple’s Q1 Earnings Reveal The Biggest Quarter Ever Off Unbelievable iPhone Sales

Apple’s Q1 2015 figures came out Tuesday, and if you’re the type to get faint over record-setting fiscal figures, well, you’re kind of weird, and you may want to spend more time with your family, but you may also want to sit down. The iPhone maker just finished up most profitable quarter in corporate history. […]

By Kevin Bostic | 8y ago

Watch As Bank Of America Refuses Customer’s Cash Payment On Mortgage Then Calls Police

When it comes to nightmare stories pertaining to home mortgages, no other financial institution has more of them than Bank of America. The Inquisitr reported numerous times on such stories in which Bank of America had to pay a $404 million settlement over repurchased Freddie Mac mortgages. If that wasn’t enough money to pay, they […]

By Jan Omega | 8y ago

Michael Kors Hit 52-Week Low, Bank Of America Sees Brand As Top Pick

Michael Kors stock continued to drop during its 52-week low, weeks after the company announced its second quarter earnings report. The fashion brand reported that its store sales failed to meet analysts’ expectations. But that didn’t stop Bank of America from setting a $120.00 target price on shares of Michael Kors Holdings (NASDAQ:KORS) stock, as […]

By Chanel Adams | 8y ago

Albert Einstein’s Advice To Youngsters On Securing Financial Security Is Still Valid Today – What Is It?

Albert Einstein had a simple advice to the youth to bolster financial security way back in the 20th century. Unsurprisingly, Einstein’s sound word of financial advice is still quite valid today. As the world eagerly waits the turn of another year, many are in the process of finalizing their New Year resolutions. Needless to say, […]

By Alap Naik Desai | 8y ago

Lesbians Make More Money Than Straight People While Gays Make Less – Sexual Orientation Has Deep Impact On Earning Potential Shows Study

A new study appears to have conclusively shown that lesbians are the richest people among working individuals. According to a recently concluded study entitled “Sexual orientation and labor market outcomes,” lesbians seem to be earning better than any other group of people. However, the situation is quite the opposite for gay men. According to the […]

By Alap Naik Desai | 8y ago

Bank of America Loses Investor Confidence, But Gains Goodwill – Will Fund Building Of Homes And Address The Food Crises

Bank of America seems to have adopted the spirit of Christmas. How else would you explain the bank’s philanthropic endeavors which have surprised even the recipients of the grant money, despite losing investor confidence? Shares of Bank of America slid almost two percent to $17.33 after the bank said it expects trading revenue to decline […]

By Alap Naik Desai | 8y ago

Plummeting Oil Prices May Not Be A Cause For Celebrations, Recession Could Be Just Around The Corner

Everybody seems to the talking about the plummeting oil prices these days. While Americans may be in a jovial mood due to the same, the steady drop in oil prices could be an eerie indicator of impending recession. Oil prices took another fall on Wednesday to fresh five-year lows on signs that the global supply […]

By Alap Naik Desai | 8y ago

America Is No Longer The No. 1 Economy In The World – Guess Which Country Snatched Away That Title?

For the first time since Ulysses S. Grant was president, America is not the leading economic power on the planet. China has officially snatched away the title and for now America has to be satisfied with being No. 2. The Chinese economy has just overtaken the United States economy to become the largest in the […]

By Alap Naik Desai | 8y ago

Facing Financial Woes: How To Ensure Your Financial Future

With the economy plummeting, it is easy to find yourself facing financial woes. It can be difficult for anyone to see their savings account slowly dwindle to nothing and it can be even more difficult if you have seen yourself and your family in a position where they were facing financial woes on more than […]

By Jane Hurst | 8y ago

Dividend-Paying Stocks: The Gift That Keeps On Giving

Dividend-paying stocks might just be the best investment available right now, if you can afford them. This morning, Inquisitr covered the well-above-expectations earnings reports from Michael Kors Holdings, commenting on the range of Wall Street analysis in the matter and on the feasibility of buying a stock that is, by most reliable accounts, nearing its […]

By Michael Monje | 9y ago

Michael Kors Holdings (KORS) Currently The Hot Topic For Stock Speculators

Right now is a good time to be working for Michael Kors, the luxury fashion retailer. The company’s fiscal fourth quarter earnings report is out and showing a 53.6 percent revenue increase, proving that hard work and strong management can outperform the consensus guesswork of jittery, poorly-trained market speculators (by $100 million). Motley Fool has […]

By Michael Monje | 9y ago

529 Plans May Save Your College Opportunities

Every parent wants their child to have the best college opportunities, but funding that dream is often expensive. Getting started early with your child’s college fund can be a way to lighten the financial load, but choosing how to save that money can be tricky. There are several good options to help with saving up, […]

By George Nielsen | 9y ago

Should You Bounce From Your Bank In 2013?

With the new year already begun and news of the fiscal cliff the United States plans to walk over, or, potentially avoid somehow, money is a priority in people’s minds these days like never before. Do a web search for “ways to save money” and you’ll find everything from suggestions to ‘pack all of your […]

By Jean-Marc Saint Laurent | 10y ago

Lloyd Blankfein enlists Warren Buffett, Continues Charm Campaign

New York Magazine has labeled a recent public relations campaign by Goldman Sachs as its “Charm Offensive.” That campaign continued Tuesday as CEO Lloyd Blankfein made an appearance on a special Chicago-based episode of MSNBC’s Morning Joe to talk about the firm’s “10,000 Small Businesses” program, which trains small growing companies on how to make […]

By John Stegeman | 11y ago

Top 5 credit cards for grads

The Christian Science Monitor has released a list of the top five credit cards for college and high school graduates. The writer of the piece said more than 1,000 credit cards were reviewed and had a few helpful hints for grads seeking their first credit card, like finding a card with no annual fee. Also, […]

By John Stegeman | 11y ago

Dow Jones Closes Over 13,000 For First Time Since 2008

The Dow Jones has finished on a closing price above 13,000 for the first time since May 2008 – also the last time anybody on Wall Street smiled. Tuesday was the historic day in question, and saw investors bid the closing price of the Dow Jones industrial average up to 13,005. Increasingly, it looks like […]

By Chris Greenhough | 11y ago

Washington Mutual Execs Reach Deal With FDIC

The executives of Washington Mutual Bank reached a deal with the Federal Deposit Insurance Commission (FDIC) today and it is only costing them pennies on the dollar. The FDIC had brought a civil action against former Washington Mutual executives Kerry Killinger, Stephen Rotella and David Schneider for $900 million dollars back in March, accusing them […]

By H. Scott English | 11y ago

Lazard CEO Bruce Wasserstein dead at 61

CEO of one of the world’s largest investment banks, Lazard Ltd, has died. Bruce Wasserstein, 61, was admitted to the hospital three days ago for arrhythmia, and was said to be in serious but stable condition. Wasserstein, a graduate of Harvard and Brooklyn native, had a 40-year run on Wall Street, brokering over 1,000 transactions […]

By Kim LaCapria | 14y ago

TweetDeck Picks Up $1.5 Million In Latest Round Of Funding

Twitter desktop application TweetDeck raised several million dollars this past July and now according to SEC filings the company has just received an additional $1.5 million towards a debt raise of $1.8 million dollars. The new funding comes after $300K round of seed funds that came in January from New York tech investor Betaworks. Betaworks […]

By James Johnson | 14y ago

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