Share to FacebookShare to TwitterShare to LinkedinTopline No one bagged Wednesday night’s billion-dollar Powerball draw, sending the jackpot soaring to a nearly record-breaking $1.5 billion for the next draw, the lottery said, though any lucky winner will face a hefty tax bill and take home much less than the headline prize—here’s how much. Wednesday’s Powerball…
Share to FacebookShare to TwitterShare to LinkedinTopline No one bagged Monday night’s billion-dollar Halloween Powerball draw, sending the jackpot soaring to $1.2 billion for the next draw on Wednesday, the lottery said, though any lucky winner will face a hefty tax bill and take home much less than the headline prize—here’s how much. Wednesday’s Powerball…
Share to FacebookShare to TwitterShare to Linkedin Illustration by Forbes; Photos by Jeremy Moeller/Getty Images; Jonathan Knowles/Getty Images Adidas has initiated a hiring freeze but suggested it does not plan to conduct layoffs after it cut ties with hip-hop mogul Ye, forfeiting a multibillion-dollar business that had become increasingly problematic in recent weeks. “This is…
Share to FacebookShare to TwitterShare to LinkedinDietrich Mateschitz turned Red Bull into an energy drink associated with adventure and extreme sports, tapping creative marketing along the way. He died at age 78, Getty Images It’s not often that one person kicks off a whole new beverage category. But Dietrich Mateschitz used his marketing smarts to…
Share to FacebookShare to TwitterShare to LinkedinTopline Brett Favre spoke for the first time Tuesday about his alleged involvement in a multi-million dollar Mississippi welfare scam—a scandal for which the Hall of Famer and former Green Bay Packers quarterback does not face any criminal charges—arguing he has “done nothing wrong” and has been “unjustly smeared”…
Share to FacebookShare to TwitterShare to LinkedinTopline Younger rich Americans are far more likely to shun traditional investments in favor of ones they view as more likely to bring higher returns than their older peers, according to a Bank of America survey released Tuesday. The younger elite are piling into crypto. AFP via Getty Images…
Reassuring internally and externally. This is the mission that Ulrich Körner set for himself at a time when Credit Suisse, founded in 1856, is going through one of the most difficult and painful periods in its history. Körner, who took over as CEO last August, wants to give the impression that all is well, that…
DKosig for iStockphoto; Canva ContentsWhat Caused the Financial Crisis of 2007–2008? How Did it Start?How Did Banks Contribute to the Financial Crisis? What Happened When the Housing Bubble Burst? How Did Fannie Mae and Freddie Mac Contribute to the Financial Crisis? Contagion Effect Leading to Global Financial CrisisHow Was the Financial Crisis of 2007–2008 Resolved?…
When it comes to investing, time is your friend. The stock market returns an average of 9% every year when you look at it over decades. That doesn’t mean your money will grow by that much every year — there will be volatility — but if you invest in the stock market, your money will…
Share to FacebookShare to TwitterShare to LinkedinTopline Oil prices continued to plummet on Monday, plunging to their lowest levels since January and continuing weeks of decline as fears of a looming global recession mount, inflation rates remain historically high and the strong performance of the U.S. dollar dampens demand. Crude oil prices hit their lowest…
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
TRON 
Lido Staked Ether 
Dogecoin 
Figure Heloc