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By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Hawkish central banks have sent a resounding “no” to markets betting recession would force rate cuts soon, leaving money managers scrambling for direction as the second half of the year approaches. The U.S. Federal Reserve on Wednesday paused its most aggressive rate…

Having lived and worked in San Francisco and New York, I’ve had the great privilege of knowing and supporting many LGBTQ+ families. Here are some of the family, estate, and financial planning considerations facing the LBGTQ+ community. Estate Planning An LGBTQ+ couple may or may not choose to get married.…

Trailing-twelve-months (TTM) Core Earnings fell 1%, while TTM GAAP Earnings rose 2% quarter-over-quarter (QoQ) in 1Q23. Seeing GAAP earnings rise while Core Earnings decline reminds me of the more stable nature of Core Earnings. Because I remove unusual gains and losses, Core Earnings are not prone to the larger ups…

Market Movers rounded up the best reactions from investors and analysts on Apple . The experts talked about the iPhone maker as it approaches $3 trillion in market cap. Apple hit the level briefly in January 2022 and is still the only company to do so. In addition, Evercore ISI…

Crypto-based payments firm Wyre is shutting down its business, citing “market conditions” and a need to protect the interest of stakeholders and customers.The news of the shut-down came in the form of a tweet published on Friday, where the company stressed that the decision was purely business-related and not due…

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