Investing
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Discover the Power of Options Trading
In case you don’t know me, I’m Jeff Williams. I’d like to share my story about what drove me to become a stock market educator. I got started in the stock market at a young age. My parents always taught me to invest some of my paycheck into a retirement fund, even when I was…
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David Sacks to join Rumble’s board — after fellow ‘PayPal Mafia’ alum Peter Thiel throws support behind video platform
David Sacks, a tech entrepreneur and member of the so-called “PayPal Mafia,” is set to join the board of the video-sharing and social-media site Rumble Inc., a platform that over the years has become a bigger home to right-wing personalities and content. Sacks, the former chief operating officer of PayPal Inc. PYPL, -2.33%, will join…
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IRS explores offering a free tax-filing service. What could go wrong?
The Internal Revenue Service is the country’s tax collector, but a majority of people like the idea of the agency also becoming a tax preparer that does the job for free, according to a new poll released Monday. In Monday’s poll, 76% of voters said they like the prospect of the IRS creating a no-cost…
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My son, 34, is getting married. My wife and I want to give him $10,000, but we’re afraid he’ll squander it. What do you suggest?
My 34-year-old son is getting married this summer. We have an on-and-off relationship, which is especially complicated by the fact that he was dependent on us financially throughout his 20s. We are bitter that he is ungrateful for the support we gave him. He is bitter because he thinks we try to control him with…
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Debt-ceiling standoff: Biden to take part in another meeting Tuesday with McCarthy, other lawmakers
The second round of debt-ceiling talks between the White House and top congressional leaders will take place Tuesday, President Joe Biden said Monday. Biden confirmed to reporters that the meeting would take place as he responded to a shouted question while leaving a restaurant in Philadelphia. On Sunday, Biden had said the parley with House…
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Aristocrat agrees to pay $1.2 billion for Nasdaq-listed NeoGames
SYDNEY — Australian gaming technology developer Aristocrat Leisure agreed to pay $1.2 billion for Nasdaq-listed NeoGames. Aristocrat ALL, +2.12% on Monday said that it had offered $29.50 a share in cash and will fund the transaction with its existing cash reserves. NeoGames shares NGMS, +111.76% last traded at $12.84, having dropped 11% on Friday following…
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Shake Shack faces proxy fight from activist investor: report
[]Burger chain Shake Shack inc. is reportedly facing a proxy fight from an activist investor seeking changes to boost the company’s stock price. []The Wall Street Journal reported Sunday that Engaged Capital, which has a roughly 6.6% stake in Shake Shack SHAK, +7.73%, is seeking three board seats and is planning to run a proxy…
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Australia’s Newcrest Mining agrees to $17.5 billion takeover by Newmont
SYDNEY — Newcrest Mining NCM, +1.52% said it has agreed to a $17.5 billion takeover by Newmont NEM, +1.54%, extending a wave of deals in the sector as global miners seek to boost their exposure to metals like copper and gold. Newcrest said on Monday that it recommends shareholders vote in favor of Newmont’s offer,…
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Fanatics to buy PointsBet’s U.S. sports-betting business for $150 million
Fanatics Inc. will buy the U.S. operations of Australia’s PointsBet for about $150 million, in the company’s largest foray yet into sports betting. PointsBet PBH, -21.14% announced the deal Sunday night, specifying that the acquisition only applies to PointsBet’s U.S. assets, not its businesses in Australia and Canada. CNBC first reported the deal. Fanatics did…
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China’s Ganfeng Lithium shares jump on expansion plans
Chinese lithium producer Ganfeng Lithium shares jumped in both Hong Kong and China, as investors welcomed the company’s latest move to expand its mining and battery production businesses. The company’s Hong Kong-listed shares 1772, +6.31% have gained as much as 8.0% and were last up by 5.5%. In Shenzhen, Ganfeng Lithium shares 002460, +8.67% advanced…