Finance

Card skimming is an emerging scam in the US. Fraudsters fix devices inside ATM card slots and payment terminals to steal credit and debit card data from the card's magnetic stripe.

Sora Lee increased her income by ten times in just over a decade. Still, payments on debts and lack of control over discretionary expenses are becoming a drag on her monthly budget.

Shark Tank star and investor Kevin O'Leary says it is possible to survive in retirement with $500,000 in the bank, but his approach may be unrealistic for many.

Jeff Bezos plans to sell a portion of his stake in Amazon for the second time this year as the e-commerce giant's stock price surpassed record levels to peak at $200.20 this week.

Social media star LifeAsKiki discusses bankruptcy as a solution for overwhelming debt, explores common causes and offers advice on considering it.

JPMorgan strategist Marko Kolanovic forecast a significant S&P 500 decline by year-end as US GDP growth in Q1 slowed considerably amid headwinds like downward earnings revisions.

EMJ Capital founder Eric Jackson believes Nvidia shares are trading at a cheap valuation and will hit $250 by 2024-end as investors focus on Blackwell products and next year's earnings.

Preston from Dallas is frustrated with his outstanding debts and volatile monthly spending habits despite having the tools and resources to save more on his $190,000 annual pay.

Jeanne opted for the $7.5 million cashout option and paid 28% in state and federal taxes to take home $5.4 million. She also had the option to receive $600,000 annually for 25 years.

Jim and Dana are 58 years old and have been married for five years. Jim's instinct to provide for the family at any cost has landed him deep in debt, which he kept a secret until now.

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Steve Cohen recently revealed he is bullish on AI and believes it can significantly improve productivity in companies across industries.

Occidental Petroleum's grand ambitions of low-carbon energy transition caught Warren Buffett's attention. Berkshire Hathaway holds almost 29% stake in the energy firm.

JS Wright & Sons has supplied processed English willow to India for nearly half a century, which are shaped into top-grade cricket bats, preferred by star players.

Steve Eisman believes that the demand for AI and infrastructure is pushing the economy to new heights, and Apple has a central role in it.

Charlie Javice was rapidly climbing the ladder of success with the mentality of "fake it till you make it" until JPMorgan unearthed a grand deception and decided to press charges against her.

If you have a poor credit score or a thin credit profile, exploring avenues like becoming an authorised user or using a rent-reporting service can help.

Suze Orman believes a Roth IRA account offers a host of tax breaks on withdrawals in retirement or when passing the funds to heirs.

Buffett targets companies with decent profit margins, low debt, less reliance on commodities, and those with long-term growth potential but trading below their intrinsic values.

Right out of high school, Jack Kellogg learned about trading while working as a car valet. Despite losing money initially, he has netted millions in profits since 2020.

Warren Buffett's Berkshire Hathaway invested heavily in Apple, Amazon, and Chubb in this new decade. A massive stake in Chubb was kept a secret until recently.

Best Buy's sales can get a boost from tech giants focusing on building and selling hardware that supports AI software amid rising demand, but electronics' susceptibility to softer sales remains.

Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.

Financial giants are backing the launch of the Texas Stock Exchange, which aims to welcome companies frustrated with the complex disclosure, listing rules and associated costs at the NYSE and Nasdaq.

Soros Fund Management made several changes to its portfolio in Q1, increasing stakes in Alphabet, Nike, and D.R. Horton.

Phil Foden diversified his income streams to amass impressive off-pitch earnings of £4.4 million through endorsements and entrepreneurial ventures.

The two biopharma firms have developed drug candidates to treat autoimmune and pulmonary diseases. They have demonstrated good safety profiles and efficacy in various stages of clinical trials.

McDonald's issues exclusive gold cards to individuals as a testament to their success in society. Bill Gates' gold card offers access to free meals worldwide.

Best Buy preserves profit margins despite faltering demand, while JLL's revenues increased due to robust growth in advisory and property management verticals.

A 40-year-old mom went into debt to become a pop star and was in denial of her money issues, child's future, and impulsive spending, believing her music career would take off one day.