Warren Buffett plowed $5 billion into Bank of America during the US debt-ceiling crisis in 2011. The famed investor and Berkshire Hathaway CEO had the idea to invest while taking a bath. Buffett’s Berkshire Hathaway counts Bank of America as its number-two holding after Apple. Loading Something is loading. Thanks for signing up! Access your… Continue reading Warren Buffett plowed $5 billion into Bank of America during the debt-ceiling crisis of 2011. Here’s a look back at one of the most lucrative deals of his career.
Here’s how the collapse of Sam Bankman-Fried’s FTX empire stacks up against other corporate failures like Lehman Brothers and Enron
FTX’s implosion in November was one of the largest corporate failures in history. The crypto exchange’s descent into bankruptcy wiped out $32 billion in enterprise value. Here’s how FTX stacks up against other spectacular collapses – including Lehman Brothers and Enron. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Here’s how the collapse of Sam Bankman-Fried’s FTX empire stacks up against other corporate failures like Lehman Brothers and Enron
China’s government is buying Alibaba and Tencent shares that give the Communist Party special rights over certain business decisions, report says
The Chinese government is buying shares in Alibaba, Tencent and other tech companies, according to the Financial Times. The stakes usually involve a 1% holding and are known as “special management shares.” This gives China’s Communist Party special rights over certain business decisions, the report said. Loading Something is loading. Thanks for signing up! Access… Continue reading China’s government is buying Alibaba and Tencent shares that give the Communist Party special rights over certain business decisions, report says
David Rosenberg: Yet another bear market rally, but don’t get sucked in by the hype just yet
If this year’s rally stalls out, as it did so many times in last year’s bear market, you’ll be happy you didn’t follow the herd A trader on the floor of the New York Stock Exchange. Photo by TIMOTHY A. CLARY/AFP via Getty Images files With the 10-year T-note yield sliding this week to 3.44… Continue reading David Rosenberg: Yet another bear market rally, but don’t get sucked in by the hype just yet
Inside Aritzia, the Canadian retailer that’s the hottest fashion chain in the U.S.
Canada’s Aritzia is winning over Gen Z with ‘everyday luxury,’ with U.S. sales surging 80% over past year Author of the article: Bloomberg News Olivia Rockeman Published Jan 13, 2023 • 5 minute read Join the conversation A shopper exits an Aritzia store in New York. Photo by Nina Westervelt/Bloomberg Aritzia Inc. is winning over… Continue reading Inside Aritzia, the Canadian retailer that’s the hottest fashion chain in the U.S.
FP Answers: Is there any advantage to continuing CPP contributions after age 60?
The simple answer is you don’t have a choice If you’re under age 65 and earning an income, you must contribute to CPP. Photo by Sean Kilpatrick/The Canadian Press By Julie Cazzin with Allan Norman Advertisement 2 This advertisement has not loaded yet, but your article continues below. Q: I am 60 years old and… Continue reading FP Answers: Is there any advantage to continuing CPP contributions after age 60?
5 current investing themes and what the opposite trade looks like
Peter Hodson: Contrarian investors who take the opposing view to the crowd can often make big investment returns Asset bubbles have popped everywhere, but they’ll be back. Photo by Frank Gunn/The Canadian Press One thing I love about the stock market is that there are millions of debates every day. That stock you love and… Continue reading 5 current investing themes and what the opposite trade looks like
Top 6 ways to improve your finances this year
If you’re bound and determined to make 2023 the year you get a better handle on your finances, these steps should help A good budget should include room for all your expenses, debt repayments and savings. Photo by Getty Images/iStockphoto By Sandra Fry Advertisement 2 This advertisement has not loaded yet, but your article continues… Continue reading Top 6 ways to improve your finances this year
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