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Finance News

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Roaring Kitty was poised to become a freshly minted billionaire until GameStop threw a monkey wrench in the plan

The brick-and-mortar retailer surprised with a plan to sell up to 75 million newly issued shares for no specific reason, sending the stock tumbling back to earth.

Read more 2024-06-07 13:28
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Crazy Rich Investors Get Burned Loading Up On This 'Safe' Asset

The world's richest investors are loading up on safe assets — at exactly the wrong time as the S&P 500 is rallying.

Read more 2024-06-07 12:00
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Analyst Report: Consolidated Edison, Inc.

Consolidated Edison serves 3 million electric customers, 1.1 million gas customers, and 1,800 steam customers throughout the New York region. ED provides a wide range of energy-related products and se ...

Read more 2024-06-07 11:07
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Both a ‘skills tsunami’ and a ‘silver tsunami’ are set to hit the workforce at the same time, McKinsey says.

Only companies ready to battle through both will succeed.

Read more 2024-06-07 10:00
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Billionaire Ken Griffin Goes Bargain Hunting: 3 Stocks He Just Bought

Are the stocks the billionaire investor has been buying still good picks?

Read more 2024-06-07 09:50
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Do we really need $1M in retirement savings? Not even close, one top economist says

A prominent economist argues that you can retire on savings much less than $1 million.

Read more 2024-06-07 09:14