GameStop Corp.’s stock movement continued to turn efficient market theory on its head Wednesday, streaking to a record that valued the retail chain at more than $ 24 billion. GameStop GME, +134.84% shares rose as much as 157% to an intraday high of $ 380 Wednesday and closed up 135% …
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Dear Moneyist, My ex-boyfriend was killed in an accident. With him being unmarried and my child being his only surviving child, he was awarded a large sum of money in the subsequent lawsuit. As he was 10 at the time, I set up an annuity to be dispersed between the …
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The dips keep on coming. This week’s Freddie Mac average on a 30-year fixed-rate mortgage dropped to 2.67%, another historic low. Freddie Mac’s Chief Economist Sam Khater was optimistic in this week’s release, saying “Homebuyer sentiment is sanguine and purchase demand shows no real signs of waning at all heading …
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U.K. Prime Minister Boris Johnson and Ursula von der Leyen, the president of the European Commission, agreed on Sunday after a phone call that they should go “the extra mile” to try to find a compromise on a trade deal. In a joint statement, the two leaders acknowledged that “deadlines …
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The U.S. economy is recovering but there’s still a long way before it comes back to even. With the overhang of the presidential election largely behind us, Congress should quickly pass another stimulus bill. Although U.S. GDP rose 7.4% in the third quarter of 2020, the economy is still more …
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Joe Biden was projected Saturday to become the nation’s next president, according to the Associated Press, after campaigning on an ambitious domestic agenda he hopes will improve voters’ finances and invigorate an economy battered by the coronavirus pandemic. Tax hikes for the rich, broadened health care coverage and student loan …
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More people will shop online this holiday season, sending sales soaring, according to Adobe. (Getty Images) Adobe Analytics forecasts U.S. e-commerce sales to rise by one-third this year, reaching a record $ 189 billion, but that number could hit $ 200 billion if stores shut down again and another round …
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Dear Moneyist, My two sisters and I recently paid over $ 7,000 for the funeral of our uncle, because he had no insurance and his three children claimed they had no money to do so. Soon after the burial, we found out that purchases on their part were being made, …
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Millions more Americans could save money through a refinance as mortgage rates hit another historic low. The 30-year fixed-rate mortgage average hit 2.86% this week, according to Freddie Mac. Just one year ago, rates were considered low at 3.56%. Data analytics company Black Knight says that drop means more than …
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