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Investment Thesis Let’s get straight to the point: SL Green Realty Corp. (NYSE:SLG) appears to be substantially overvalued, even under the most optimistic assumptions. Evidently, a few other Seeking Alpha contributors find this company to be a buy. So I will play contrarian and argue why one should not buy…
Online dating companies are betting that products targeting specific communities — from single parents and gay men to “throuples” — will reignite growth in a sector challenged by user declines at the world’s largest matchmaking apps Tinder and Bumble. Investors have cheered Grindr, with its exclusive pitch to gay and…
For a time, Donald Trump would have made for an unlikely headliner at a cryptocurrency confab. As president, Trump declared bitcoin “not money” and criticized it as “highly volatile and based on thin air.” He cautioned that crypto assets helped facilitate illegal underground markets. “We have only one real currency in…
I’ve been the host of The Retirement Answer Man podcast for over ten years now. I try not to overshare my life on the show because the podcast isn’t about me. It’s about you and rocking retirement! Nonetheless, I have dropped snippets about our Colorado relocation journey over the past…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…
10 things to watch on Friday, July 26 1. The S & P 500 and Nasdaq were headed for higher opens Friday after the Federal Reserve’s favorite inflation gauge, the core PCE price index, matched estimates. Both stock measures were tracking lower for the week, with Wednesday’s worst session since…
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut.The personal consumption expenditures price index increased 0.1% on the month and was up 2.5% from a year ago, in line…
The head of one of the world’s biggest hedge funds says artificial intelligence systems are unlikely to replace traders anytime soon. London-based Man Group, whose assets under management hit an all-time high of $178.2 billion during the first six months of the year, makes its money by charging investors management…
The five rings The 2024 Paris Olympics are set to kick off today, with the opening ceremony taking place under a backdrop of heavy security. Tens of thousands of officers and soldiers have been deployed for the waterborne opening along the Seine, with a flotilla of boats scheduled to carry…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.France has suspended high-speed rail services across much of the country after the network was hit by sabotage attacks hours before the Olympic Games opening ceremony.The co-ordinated arson attacks on Thursday night…