Category: Finance

[ad_1] Former FTX CEO Sam Bankman-Fried pleaded not guilty Tuesday on eight charges including wire fraud and conspiracy to commit campaign finance violations in U.S. district court in Manhattan. Bankman-Fried, who is accused of defrauding investors and diverting billions of dollars in FTX customer deposits to sister company Alameda Research, entered the plea following the spectacular […]

[ad_1] Payments giant Fiserv has signed a new five-year employment contract with CEO Frank Bisignano that gives him a 6% salary boost. The contract, which took effect Dec. 21, 2022, increases Bisignano’s annual salary to $1.4 million, according to a filing with the Securities and Exchange Commission. Previously, his base salary was $1.32 million, according […]

[ad_1] JPMorgan Chase and Deutsche Bank asked a Manhattan-based federal judge Friday to dismiss lawsuits filed in November by alleged victims of disgraced financier Jeffrey Epstein. “Jane Doe 1 is a survivor of Epstein’s sexual abuse, and she is entitled to justice,” but her claim is directed at the “wrong party” and, thus, is meritless, […]

[ad_1] JPMorgan Chase and Deutsche Bank asked a Manhattan-based federal judge Friday to dismiss lawsuits filed in November by alleged victims of disgraced financier Jeffrey Epstein. “Jane Doe 1 is a survivor of Epstein’s sexual abuse, and she is entitled to justice,” but her claim is directed at the “wrong party” and, thus, is meritless, […]

[ad_1] Goldman Sachs bankers presumably will know within two weeks whether the cost-cutting bell tolls for them. The bank’s headcount reduction — reported last month to encompass up to 4,000 employees — “will take place in the first half of January,” CEO David Solomon said in a year-end voicemail message to staff, according to Bloomberg […]

[ad_1] You can only work so many hours per day, so if you want to build wealth, you will need to make money while you sleep. For this to happen, you must find ways to generate passive income. Unfortunately, earning passive income can seem overwhelming as it often requires a lot of money or effort […]

[ad_1] According to a recent Gallup poll, more than half of American adults (58%) have money invested in the stock market. Although the median holdings (amounts invested) vary based on age, income, and other demographic factors, it’s clear that Americans see the value of investing — even if their exposure is limited to a workplace […]

[ad_1] Opening a Roth IRA can be a smart move if you want to invest for retirement and save money on taxes later in life. However, there are strict rules when it comes to how much you can contribute to your Roth IRA.  Contributions to a Roth IRA are made with after-tax dollars, which means […]

[ad_1] I’m a big fan of the Roth IRA and investors that understand it’s massive tax-free benefits are also. Recently a reader sent in this question about it: “I’ve been investing in a Roth IRA for several years thanks to your blog! I initially started in a basic index fund but after doing more research […]

[ad_1] The best home insurance companies offer high-quality coverage that protects against damage to your home’s structure and your property, whether it is caused by lightning, winds, fire, or other covered perils. Homeowners’ insurance also comes with important liability coverage that can save you financially if someone is injured on your property and decides to […]