Also more appealing than ever is the stock market, which made a quick comeback after its early pandemic dive and flourished even as the economy continued to founder. Suddenly, investing […]
Finances
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Back to news homeNo End to Whiplash in Meme Stocks, Crypto and More
Drew Austin, an entrepreneur and investor, invested heavily in cryptocurrencies and NFTs, including digital horses, digital sports cards and some digital art. He took a “substantial liquidity hit” when cryptocurrency […]
MacKenzie Scott Donates $2.74 Billion to 286 Organizations
MacKenzie Scott promised she would give her fortune away “until the safe is empty.” That has proved to be harder than expected.Ms. Scott made that pledge in 2019, after her […]
Rising Debt, Falling Income: How to Dig Out
“It can be depressing when they see their later years of life consumed with making payments and not making much of a difference,” he said. He recommended that retirees ask […]
Inter Milan Is Threatened by Challenges at Suning, Its Chinese Owner
HONG KONG — The new, high-rolling Chinese owner was supposed to return Inter Milan to its glory days. It spent heavily on prolific scorers like Romelu Lukaku and Christian Eriksen. […]
China’s Retirement Home Industry is Plagued by Ponzi Schemes
“It may have been a scam from the beginning,” she added.Seniors in rural areas could be especially vulnerable. They often live alone because their children have moved to big cities […]
Europe’s Bankruptcies Are Plummeting. That May Be a Problem.
PARIS — Romain Rozier’s cafe should be bankrupt by now.Since the coronavirus hit last spring, sales at the once buzzing lunch spot in northern Paris are down 80 percent. The […]
Leon Black Calls Relationship With Jeffrey Epstein a ‘Terrible Mistake’
Leon Black, the billionaire private equity executive whose financial ties to Jeffrey Epstein have sparked questions from his powerful clients, said Thursday that it had been a “terrible mistake” to […]