By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid on Wednesday after the Federal Reserve held interest rates steady, as expected, but signaled that borrowing costs will increase by another 50 basis points (bps) by end-December. The was last down 0.3% at 103.01 after hitting a four-week low…

(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial spaceflight service would launch later this month, sending its shares up over 55% in trading after the bell. The first spaceflight, called “Galactic 01”, is planned between June 27 and June 30,…

Key News Asian equities were mixed following the US Fed pause as Mainland China and Hong Kong outperformed. All sectors in both markets were positive, led by growth stocks. Yes, the May data was weak, as anticipated, but markets, unlike media headlines, look forward, not backward. This explains the move…

We contrarians like to follow the insiders. Those “in the know” who buy and sell their own stocks based on value. These “smart money” types fade sentiment. Insiders tend to buy low and sell high. And, to be honest, we really don’t care when they sell. Maybe they were short…

Many people love the idea of starting a business, making money, and becoming celebrated entrepreneurs, but this journey is unsuitable for everyone. It requires certain qualities, characteristics, and discipline to start, maintain, and expand an enterprise. This article briefly discusses how to distinguish those who have the potential to become…

You’ve completed all the estate planning documents your lawyer recommended, do you really need to take another step? Yep! A letter of instruction can be an invaluable part of your estate plan. No matter how wealthy you are (or are not yet!) and no matter your family situation, there is…

As inflation begins to cool down, grocery store shoppers are still waiting for relief in the aisles as Americans continue to pay top dollar to feed their families. CEO and president of Stew Leonard’s supermarket chain Stew Leonard Jr. addressed when shoppers may finally see prices dip on “The Claman…

PARIS — Days before French police visited Binance’s Paris office, the crypto exchange’s top French executive dismissed concerns about U.S. regulatory charges affecting Binance’s other operations, comparing them with the flapping of a butterfly’s wings.French prosecutors have opened a probe into “aggravated money-laundering” by the crypto exchange, Le Monde reported…

By age 30, you should have close to the equivalent of one year’s salary saved for retirement, Fidelity Investments recommends. But if you’re not there, you’re not alone.Americans between the ages of 30 and 39 have a median balance of $17,400 in their 401(k)s as of the first quarter of…

Binance and the US Securities and Exchange Commission reached an agreement to avoid a full asset freeze of the platform in the US and keep customer assets in the United States, after a US district judge signed off on a consent order filed Saturday. The agreement was reached amid a…