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Good Debt vs. Bad Debt: An Overview There certainly is an argument to be made that no debt is good debt, but borrowing money and taking on debt is the only way many people can afford to purchase big-ticket items like homes and cars. While such loans usually are justifiable and bring value to the

An artist’s rendering of a Momentus Vigoride transfer vehicle deploying satellites in orbit. Momentus A space startup offering a “last mile delivery” service for spacecraft is continuing its deal spree this year, becoming an increasingly important player in the growing small satellite market. Momentus, a Santa Clara, California-based company, has so far struck $40 million

A senior Federal Reserve official has warned that a wave of business failures owing to the pandemic could still trigger a financial crisis, as he justified the central bank’s continuing efforts to prop up capital markets. “We’re still in the middle of the crisis here,” James Bullard, president of the Federal Reserve Bank of St

The global foreign exchange (forex) market is the largest and most actively traded financial market in the world, by far. When looking for the ‘best’ forex broker, both beginners and experienced traders generally look for several key features and benefits. Among the most important of these are fees (including spreads and commissions), trading platform(s) (including

BlackRock’s global chief investment strategist said after the market’s strong gains, he is more cautious on U.S. stocks into the second half of the year because of risks of fading fiscal stimulus and potential election volatility. BlackRock Investment Institute, in its second half outlook, said it retains equities at neutral, or benchmark weight in portfolios.

(L-R) Michael Corbat, chief executive officer of Citigroup Inc., Jamie Dimon, chief executive officer of JPMorgan Chase & Co., James Gorman, chief executive officer of Morgan Stanley, Brian Moynihan, chief executive officer of Bank of America Corp., Ron O’Hanley, president and chief executive officer of State Street Corp., Charles Scharf, chief executive officer of Bank

China has passed a sweeping national security law for Hong Kong, increasing its power over the territory in a move that drew swift condemnation from the US, Europe and Australia. The legislation was introduced after the territory was rocked by anti-government protests Beijing said were inspired by foreign forces. It was enacted without discussion by

The S&P 500 Index is a market-capitalization-weighted index of the 500 largest publicly traded companies in the U.S. It is widely regarded as the best gauge of large-cap U.S. equities. Some of the largest companies in the index include Microsoft Corp. (MSFT), Facebook Inc. (FB), and Johnson & Johnson (JNJ). The S&P 500’s total return

The logo of Amazon Web Services (AWS) is seen during the 4th annual America Digital Latin American Congress of Business and Technology in Santiago, Chile, September 5, 2018. Ivan Alvarado | Reuters Amazon Web Services, the cloud-computing branch of the e-commerce giant, is further expanding its services in the growing space industry. The company announced

People walk by a Wells Fargo bank branch on October 13, 2017 in New York City. Spencer Platt | Getty Images Wells Fargo warned on Monday that it will likely cut its dividend after the Federal Reserve announced it would cap dividends for banks based on earnings.  Wall Street analysts pointed to Wells Fargo as

China’s top legislative body has passed a national security law for Hong Kong in a move expected to trigger countermeasures from the US and other western countries. Tam Yiu-chung, a member of the Standing Committee of the National People’s Congress, said full details of the law would only be released once the meeting closed on

Should you insure your wedding ring? It certainly doesn’t sound as fun as planning the honeymoon. But when it comes to wedding jewelry—engagement rings and wedding bands—securing sufficient protection can prove as essential as any other wedding-related task. The average sum spent on engagement rings varies—anywhere from $5,900 and up, depending on the survey—but safe to

Fracking giant Chesapeake Energy’s bankruptcy filing comes following a financial mess at the company that included no budgets, a massive wine collection and a nine-figure bill for parking garages, sources told CNBC’s David Faber. CEO Robert D. “Doug” Lawler found in examining the company’s books a $110 million bill for two parking garages, Faber reported

A worker on a Chesapeake Energy natural gas rig in Fort Worth, Texas Matt Nager | Bloomberg | Getty Images Chesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday. The move comes as the company and industry more broadly has been rocked by a drop in oil and

EY has told its partners how to prepare for difficult conversations with clients about its audits of Wirecard, the German payments company that has filed for insolvency after admitting that €1.9bn of cash probably never existed. In an internal note to senior partners on Friday, EY advised them to tell clients that the “objective” of

Rising home prices and a strong dollar can make it difficult for non-U.S. citizens to pay cash for homes in once-favored cities such as New York, Miami, and San Francisco. As a result, more foreign buyers are financing residential real estate. However, non-U.S. citizens must consider a number of factors when applying for a mortgage as well as distinct disadvantages, including additional lender requirements, higher

Mastercard credit cards Roberto Machado Noa/ LightRocket via Getty Images How to find compelling stocks primed to outperform during a volatile second half of the year? Here are a few of the names the best-performing Wall Street analysts are betting on right now. As fears of a resurgence in the coronavirus sweep the globe, it could

Jeffrey Ubben, CEO of ValueAct Capital Partners Ann Johansson | Corbis | Getty Images On paper, this trade has already been a home run for Jeff Ubben and ValueAct, turning $154 million of its investors’ money into $1.46 billion in possibly the best example so far in the new stakeholder era that mitigating issues associated

The number of new daily coronavirus cases hit records in several US states on Saturday, as officials started closing venues they had recently reopened and workers demanded new safety protections. Florida’s cases increased by 9,636 to 132,545, the state’s health department said Saturday. The state, the third-largest in the US, reported 8,942 new cases on

Most new businesses start out as sole proprietorships. This is the simplest form of ownership for a sole owner and requires little more than a tax ID number. However, when there are concerns over taxation or liability issues, or when the business has multiple owners, other organization types should be considered. Which organization type is