33 Really Funny Tumblr Posts That Are What You Need Right Now
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Metals Haven't Crashed This Hard Since the Great Recession
(Bloomberg) -- Industrial metals are on track for the worst quarter since the 2008 financial crisis as prices are pummeled by recession worries. Copper, the great economic bellwether, has ricocheted into a bear market from a record four months ago, while tin just tumbled 21% in its worst week since a 1980s crisis froze London trading for four years.Most Read from BloombergHyundai Quietly Climbs the EV Sales Charts and Elon Musk NoticesGermany Pushes for G-7 Reversal on Fossil Fuels in Climate Bl
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Russia Is Hours Away From Its First Foreign Default in a Century
(Bloomberg) -- After months of teetering on the edge of default, Russia is now just hours away from a dramatic moment in the financial battle that the US and others have waged against the Kremlin over its invasion of Ukraine.Most Read from BloombergHyundai Quietly Climbs the EV Sales Charts and Elon Musk NoticesGermany Pushes for G-7 Reversal on Fossil Fuels in Climate BlowRep. Mary Miller Calls Roe Decision 'Victory for White Life'Protest Latest: More Justice Homes Targeted in Day Two of Crowds
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5 Unique Stocks That Can Generate Transformational Wealth
As much as you might hate to hear this, stock market corrections and bear markets are a perfectly normal part of the investing cycle. Including the current bear market decline that the benchmark S&P 500 and tech-focused Nasdaq Composite are navigating their way through, the broader market has dropped by a double-digit percentage, on average, every 1.85 years since the beginning of 1950. Despite corrections being commonplace, the amount of time Wall Street spends in a bull market handily outpaces periods of pessimism.
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Russia to default for first time in a century as payment deadline looms
Nuclear submarine supplier to be sold to US buyer after diplomatic row Russian default expected within days Retail sales volumes down 0.5pc in May FTSE 100 rises strongly Ambrose Evans-Pritchard: The pro-Brussels establishment is painting Brexit as an economic disaster to reverse it Sign up here for our daily business briefing newsletter
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3 Great Stock Splits to Buy This Summer
Many popular companies have announced stock splits in 2022. With that in mind, we asked a panel of Motley Fool contributors to share their top picks from the list of upcoming stock splits. Nicholas Rossolillo (Fortinet): In the years leading up to and during the beginning of the pandemic, there was much talk about how cybersecurity needs have changed.
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3 Stocks Warren Buffett is Probably Buying During the Bear Market
One of Warren Buffett's famous sayings is, "Be greedy when others are fearful." With the vast amount of selling in the past few weeks, Buffett is likely scooping up shares of his favorite companies at lower valuations. After all, Berkshire Hathaway has more than $106 billion in cash sitting on its balance sheet, just waiting to be put to good use.
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How Much Does a $300,000 Annuity Pay Per Month?
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
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The FDA Could Soon Crown This E-Cig Maker King
The Food and Drug Administration (FDA) is trying to remove one of the biggest, most popular electronic cigarettes from the market, opening the way for its rival to become the unassailable leader in smoking alternatives. Although the regulatory agency delivered what appeared to be a death blow to Juul Labs by rejecting its marketing application for the Juul device and requiring it to take all its products off store shelves, Juul won a temporary reprieve from an appeals court, which stayed the order until it can decide on the merits of the case. Juul is partially owned by tobacco giant Altria (NYSE: MO), which acquired a 34% stake in the e-cig maker in 2018 for $12.8 billion.
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Russia slides towards default as payment deadline expires
Russia edged closer to default on Sunday amid little sign that investors holding its international bonds had received payment, heralding what would be the nation's first default in decades. Russia has struggled to keep up payments on $40 billion of outstanding bonds since its invasion of Ukraine on Feb. 24, which provoked sweeping sanctions that have effectively cut the country out of the global financial system and rendered its assets untouchable to many investors. The Kremlin has repeatedly said there are no grounds for Russia to default but is unable to send money to bondholders because of sanctions, accusing the West of trying to drive it into an artificial default.
Source: https://finance.yahoo.com/news/30-tumblr-posts-create-most-011602922.html
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