Columbus, OH

HONG KONG (Reuters) - PricewaterhouseCoopers (PwC) has named in-house executive Daniel Li as its new China head, a move that comes as it faces investigations by financial regulators in mainland China and Hong Kong. PwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of...

PwC names new China head amid regulatory scrutiny

The latest global wealth data from Credit Suisse Group AG reveals a striking concentration of wealth in India, where the richest 1% now controls 58.4% of the nation’s wealth. This annual report, published by the Zurich-based financial services company since 2010, highlights a significant increase from last year’s 53%.

India’s 1% Richest Control 58.4% of the Nation’s Wealth

Reuters

SHANGHAI (Reuters) - China's treasury futures leapt to fresh highs on Thursday, while long-dated yields skirted record lows, as investors continued to plough money into bonds, shrugging off repeated warnings about risk from the central bank.

Chinese money flows into bonds even as central bank warns of risks

Dividend investing in the stock market is a strategy that focuses on buying stocks that pay dividends. Dividends are portions of a company’s earnings given to shareholders, usually quarterly. These stocks appeal to investors seeking a steady income stream from their portfolios. Dividend-paying companies are typically well-established and financially stable, which can attract conservative investors looking for lower-risk investments in the stock market.

Best Dividend Stocks To Invest In June 2024? 2 For Your List

Markets Insider

The economy is already in a "selective recession," according to JPMorgan's Matthew Boss. Low-income consumers are pulling back on spending while top-earners are fueling the economy. The top 10% of American earners have gained more than $30 trillion in wealth since 2020, Fed data shows. The US economy is being...

The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says

Lebanon, MO

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CJ Coombs

If you like catfish, it might be worth a trip to Dowd's Catfish & BBQ. Dowd's is located at 1760 West Elm Street in Lebanon, Missouri. Whether you're traveling to or from Branson or Springfield, if you feel like going out of your way, it's a 3-hour drive from Kansas City or a 2-hour, 20-minute drive from St. Louis.

Hearty Meals await at Dowd's Catfish and BBQ

Louisiana State

When transferring your personal property to someone else or making your own major purchase, you’ll need the right documents. This could include a custom bill of sale form, which guarantees that your transaction stays secure. These contracts can make or break a sale — so you need to learn how they work.

Why a Bill of Sale Is Always Important

24/7 Wall St.

Index funds are known for being generally low-cost investments that offer instant diversification. So they may work for investors who don’t have much time or know-how to carefully pick individual stocks for their own portfolios. Fidelity Investments, one of the country’s largest brokerage firms, is known for offering some of the most competitive index funds […]
The post The 5 Best Fidelity Index Funds for Investors Today appeared first on 24/7 Wall St..

The 5 Best Fidelity Index Funds for Investors Today

In recent months, billionaire investors Warren Buffett and Carlos Slim have been making bold moves in the energy sector ($SREN), signaling a strong resurgence of interest. Legendary investor Warren Buffett's holding company Berkshire Hathaway (BRK.A) (BRK.B) poured another $434.8 million into Occidental Petroleum Corporation (OXY) through June 17, further solidifying its already huge position in the stock.

2 Energy Dividend Stocks That Billionaires Are Buying

In a landmark moment, Steve Ballmer has overtaken Bill Gates to become the sixth-richest person in the world. This is the first time that the former CEO of Microsoft Corporation has surpassed the company’s co-founder in terms of wealth. The shift occurred on Monday as Microsoft’s shares soared to a new record high, marking a 21% increase for the year.

Steve Ballmer surpasses Bill Gates in wealth: A first in Microsoft’s history

New Jersey State

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Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

TheStreet

The Nasdaq Composite Index has jumped 18% year to date.

Cathie Wood sells $13 million of a struggling tech stock

Generating $27.4 trillion in 2023 alone, the U.S. has had the world’s largest economy for decades. By several measures, the United States has also created more individual wealth than any other country. According to the 2023 Global Wealth Report from the Zurich-based investment bank UBS, and the latest estimates from Forbes, the U.S. is home […]
The post The Richest Person in Every State appeared first on 24/7 Wall St..

The Richest Person in Every State

Clifton, NJ

Newark, NJ – Evangelos Megariotis, a 72-year-old orthopedic surgeon from Clifton, admitted to multiple counts of unlawfully prescribing pain medications to his patients. U.S. Attorney Philip R. Sellinger announced the guilty plea today.

Surgeon Guilty of Illegal Narcotic Prescriptions, Faces 20 Years

Burlington County, NJ

Pablo Estrada, 27, laundered proceeds from a mail fraud scheme, including lottery scams. Florence, NJ – Pablo Estrada, 27, of Burlington County, was sentenced to 33 months in prison for his role in laundering over $4 million obtained from various scams. U.S. Attorney Philip R. Sellinger announced the sentencing today.

Burlington Man's $4M Money Laundering Scheme: 33-Month Sentence

Once 93-year-old Warren Buffett dies, his donations to the Gates Foundation will dry up. “The Gates Foundation has no money coming after my death,” Buffett recently told the Wall Street Journal. The chairman and chief executive of Berkshire Hathaway told WSJ last week that nearly all of his massive...

Warren Buffett says ‘no money’ going to Gates Foundation after his death

New York Post

Mets owner Steve Cohen’s Point72, Ken Griffin’s Citadel and Izzy Englander’s Millennium were among the top-performing hedge funds in the first six months of the year as big investment firms on Wall Street rebounded from a sluggish 2023.

Point72, the Connecticut-based hedge fund run by Cohen, was up 8.7% year-to-date, according to figures obtained by Business Insider.

The flagship funds run by Citadel and Millennium both posted robust gains in the first half of the year.



Citadel saw its flagship Wellington fund rise 8.1% by the end of June while Millennium’s flagship fund rose 6.9%.

Citadel’s Tactical Trading Fund scored the biggest returns of...

Steve Cohen’s Point72 and Ken Griffin’s Citadel lead 2024 hedge fund rebound

Business Insider

Steve Ballmer went from being Bill Gates' assistant to his successor as Microsoft CEO, and now he's surpassed him in wealth for the first time.

Steve Ballmer is now worth $158 billion — more than his former Microsoft boss Bill Gates

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Total Apex Sports & Entertainment

Conflicts are inevitable in life as we have different opinions. Some zodiac signs are good at arguing while others strive to create harmony and avoid arguments. Yet, conflict resolution is a crucial skill at home and work. It helps people live peacefully and in unity.

5 Zodiac Signs Who Are Most Likely to Win Arguments

NEW YORK (Reuters) - Global hedge funds in June sold U.S. shares of technology, media and telecommunications (TMT) companies at the fastest pace since 2016, mainly driven by semiconductor stocks, Goldman Sachs said in note.

Hedge funds dump tech stocks at fastest pace since 2016, bank shows

NewsBreak

Thailand’s Wealthiest See Combined Wealth Drop by 12% in 2024

The cumulative wealth of the top 50 richest individuals in Thailand fell by nearly 12% in 2024, amounting to a $20 billion decline, bringing the total...

Thailand’s Wealthiest See Combined Wealth Drop by 12% in 2024

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