‘She by no means defined something’: I am a senior citizen and I misplaced $100,000 within the inventory market this 12 months. Can I sue my monetary adviser?

I’m a senior citizen and have suffered main losses to the tune of $100,000 within the latest inventory market turmoil. Can I sue my monetary adviser? I perceive the dynamics of the market so far as its ups and downs, and have ridden them out earlier than. Nonetheless, it has been completely different with the … Read more

US Soccer Federation reaches milestone equal-pay pact with males’s and girls’s nationwide groups

The US Soccer Federation reached milestone agreements to pay its males’s and girls’s groups equally, making the American nationwide governing physique the primary within the sport to vow each sexes matching cash. The federation, headquartered in Chicago, introduced separate collective bargaining agreements by way of December 2028 with the unions for each nationwide groups on … Read more

8 inflation ideas to your financial savings, investments and retirement planning

As we have all seen, inflation has been on the rise these days — the Shopper Value Index rose from 1.6% on the finish of the primary quarter of 2021 to about 3.4% for the second quarter. And that has main implications for a way try to be managing your cash: your financial savings, your … Read more

How Residents Monetary used an iPhone plan to create a nationwide digital financial institution

Residents Monetary Group Inc. launched its Residents Pay iPhone improve plan in 2015 as an early type of the buy-now-pay-later idea that is in vogue within the funds house. The concept was to take the Residents CFG, -1.22% model as a credit score supplier and mix it with Apple’s AAPL, +2.64% iPhone to assist clients … Read more

FAANG stocks plus Microsoft lost $1.4 trillion in market value during April

On another difficult Friday afternoon for the stock market, the broad US indexes ended with significant declines. One element that stood out during such a rough year for technology stocks was that the FAANG group (Facebook holding company Meta Platforms Inc. FB, -2.17%, Apple Inc. AAPL, +0.47%, Amazon.com Inc. AMZN, -1.40%, Netflix Inc. NFLX, -3.90%, … Read more

US stocks end lower after jobs data, as S&P 500 suffers its longest losing streak since 2011

All three major US stock benchmarks closed lower Friday, each booking another week of losses, as investors weighed April jobs data amid heightened stagflation fears. The S&P 500 fell for a fifth straight week, its longest losing streak since June 2011, according to Dow Jones Market Data. How did stock indexes perform? The Dow Jones … Read more