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The verdict, when it finally came at midday on Thursday on the 17th floor of San Francisco’s federal courthouse, was stunning. More than 12 years after being accused of what one US investigator called the biggest fraud ever to hit Silicon Valley, Mike Lynch, once one of the UK’s most…
Beyoncé gave Justice Ketanji Brown Jackson four tickets to her concert last year, the justice disclosed in financial disclosure forms published Friday that also revealed that Jackson and other justices received six-figure payments in 2023 for book deals. Jackson, who reported an eye-popping $893,750 payment from a book publisher, was…
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By Dave Sherwood HAVANA (Reuters) -Cuba put off an unpopular five-fold increase in gasoline prices planned for Feb. 1 due to a cyberattack, Economy Vice Minister Mildrey Granadillo said on Wednesday, a sudden about-face hours before the hike was to take effect. “This decision is influenced by the occurrence of…
By Rishav Chatterjee (Reuters) – Short bets on most Asian currencies eased marginally but remained firmly in the bearish territory, a Reuters poll found on Thursday, as diminishing hopes of an early U.S. interest rate cut kept the dollar buoyant and market volatility in regional powerhouse China dampened investor confidence.…
By Siddharth Cavale NEW YORK (Reuters) – U.S. retailer Walmart (NYSE:) Inc is expected to strike a cautious tone for 2024 when it reports results on Tuesday. Despite what was likely a bumper holiday season for Walmart, inflation continues to burden many Americans facing a high cost of living. Higher…
While the Financial Independence, Retire Early movement is widely popular, some people plan to do the opposite, and never retire. They work because they enjoy it. Why retire at the top of your game? The idea of working longer is becoming more common. Researchers at Pew Research Center state both…
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In an effort to fix administrative issues that resulted in student loan borrowers not qualifying for forgiveness, the Biden administration announced an extended consolidation deadline for borrowers with certain loans. Student loan borrowers have been dealing with errors that inaccurately counted their student loan payments toward forgiveness programs like income-driven…
As Americans’ debt grows, recession fears are refueled and the Fed grapples with the pressure to cut rates, “Bond King” Jeffrey Gundlach shares his grim take on the economy’s obstacles. “I think the data that’s come out is quite concerning over the past week,” the DoubleLine Capital CEO and founder…