Dear Quentin, My husband received a text from his ex-wife demanding part of the latest stimulus check for their two children. My husband received their stimulus checks for their boys because in their divorce settlement he was granted the ability to claim both boys as dependents on his taxes for …
Read More »: GameStop stock retreats from record gains after more than half of short positions eliminated
GameStop Corp. shares sank further in the extended session Monday following the stock’s retreat from a record weekly gain, after one noted analyst said more than half of the short positions on the stock had been eliminated. GameStop GME, -30.77% shares fell as much as 35% in Monday trading, and …
Read More »The Moneyist: I received a financial gift from my mother. I returned it to her 5 years ago. Now that we’re divorcing, my husband says half of that money belonged to him
Dear Moneyist, I received a gift from my mother several years ago. She transferred a substantial amount of money into a bank account under my name only. My husband persuaded me to add his name to the account several months later. The money was not touched for several years. No …
Read More »: SoftBank seeks to raise at least half a billion dollars for a blank-check company
SoftBank Group Corp.’s investment arm on Monday filed to raise more than $ 500 million for a blank-check company as it looks to take advantage of investor appetite for growth stocks. Softbank 9984, +1.62%, which has invested heavily in private technology companies in recent years through its “vision funds,” intends …
Read More »Economic Report: U.K. GDP climbs 6.6% in July, as economy recovers slightly more than half of lost output
Shoppers walk by a discoloured patch of pavement in The Maltings shopping centre in Salisbury, southern England on September 4, 2020 . adrian dennis/Agence France-Presse/Getty Images The U.K. economy expanded by 6.6% in July, for its third consecutive monthly increase, according to data released Friday. The U.K. Office for National …
Read More »: BP slashes dividend in half after $16.8 billion loss
BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020, following the announcement that the oil giant will take a hit of up to $ 17.5 billion (11.4 billion euros and 15.3 billion euros), due to the ongoing COVID-19 global pandemic. …
Read More »Commodities Corner: This commodity escaped first half of 2020 drop in the energy sector
A benchmark commodities index lost about 20% in the first half of 2020, with the energy sector leading the decline as the coronavirus pandemic ravaged demand for petroleum. Uranium, though, stands out as a resilient performer that’s likely to continue to do well in the second half of the year. …
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