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Business and Economy
Stocks Hit Record Highs as Netflix Earnings Boost Tech Optimism
The stock market rallied to new heights on Wednesday, led by strong gains in tech stocks. The S&P 500 closed at a record high, while the Nasdaq also posted solid gains. Driving the optimism was an upbeat earnings report from Netflix, which saw subscriber growth dramatically exceed expectations. Netflix added over 13 million paid members globally in Q4, crushing estimates…
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Personal Finance
What is Money Market Account? How it Works and Its Benefits
A money market account is a type of savings account that offers higher interest rates and more flexibility than a traditional savings account. Money market accounts allow easy access to your funds while also earning interest, making them a useful option for short-term savings goals. How Does a Money Market Account Work? A money market account works similarly to a…
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Market Trends and Innovations
Macy’s Rejects $5.8 Billion Buyout Bid From Investors Despite Struggles
Macy’s announced on Sunday that its board rejected a $5.8 billion take-private buyout bid from an investor group led by Arkhouse Management and Brigade Capital Management. The retailer cited a “lack of compelling value” and also raised financing concerns over the $21 per share offer. The bid by Arkhouse and Brigade represented a 32% premium over Macy’s stock price in…
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Market Trends and Innovations
Dow Closes Above 38,000 for First Time Ever as Stocks Hit Record Highs
New York – The Dow Jones Industrial Average crossed the 38,000 mark for the first time ever on Monday, as the stock market’s rally to start 2024 continued with major indexes hitting fresh record highs. The Dow closed up 138 points, or 0.4%, finishing at an unprecedented 38,001.81. The blue-chip index’s milestone close comes amid a banner year so far…
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Investing and Wealth Building
Start Making Money by Investing in Stocks: A Beginner’s Guide
Investing in stocks can be a great way to grow your money over time. However, it does require some knowledge and planning to be successful. This beginner’s guide will walk you through the basics of stock market investing, so you can start putting your money to work. How Does Investing in Stocks Work? When you purchase shares of a company’s…
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Business and Economy
Haley Sharpens Attacks on Trump Ahead of Pivotal New Hampshire Primary
As the New Hampshire Republican primary approaches, GOP presidential candidate Nikki Haley has dramatically escalated her criticism of frontrunner Donald Trump in a bid to close the gap between them. With her political future potentially on the line, Haley is hitting Trump harder than ever on issues like his mental fitness, ties to dictators, and establishment status. Haley Questions Trump’s…
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Personal Finance
How Does a Money Market Account Work? A Complete Guide
A money market account is a type of savings account that offers benefits like limited check writing and debit card privileges. Money market accounts work differently than traditional savings accounts and provide some unique features. This comprehensive guide will explain what a money market account is, how it works, its key features, pros and cons, and help you determine if…
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Personal Finance
How to Get Health Insurance Without a Job: Complete Information
Losing your job can be stressful enough without having to worry about health insurance. Fortunately, you have several options to get affordable health coverage even if you are unemployed. This guide will walk you through the main ways to get health insurance without a job, factors to consider when choosing a plan, and tips for saving money on healthcare costs…
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Personal Finance
Savings Account 101: How does a Savings Account Work?
A savings account is one of the most basic and essential financial products that everyone should have. But how exactly does a savings account work? What are the benefits of having one? This comprehensive guide will explain everything you need to know about opening, using and maximizing a basic savings account for you to earn the most money. What is…
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Loans, Taxes, and Law
What is Comprehensive Car Insurance Coverage?
Comprehensive insurance is an optional type of car insurance that covers damage to your vehicle from non-collision incidents. It goes beyond basic liability coverage to protect against theft, vandalism, weather events, fire, hitting animals, and more. If you’ve ever wondered “What is comprehensive insurance and should I get it?”, this guide will explain everything you need to know about this…
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