Babel Finance Reaches Debt Agreement With Counterparties After Withdrawal Freeze

  • SmartAsset

    Brokerage Account vs. IRA: Which Is Best for You?

    Traditional IRAs and brokerage accounts are two types of investment vehicles. While IRAs help investors save for retirement in a tax-efficient manner, brokerage accounts typically offer more flexibility since they are not subject to the same rules that affect IRAs. … Continue reading → The post Brokerage Account vs. IRA: Which Is Best? appeared first on SmartAsset Blog.

  • Bloomberg

    Distressed Crypto Lender Babel Wins Reprieve on Debt Repayments

    (Bloomberg) — Most Read from BloombergPutin May Win in Ukraine, But the Real War Is Just StartingPutin Gets Unexpected Pushback From Ally Over War in UkraineGiant Cruise Ship’s Maiden Voyage May Be to a ScrapyardHousing’s Slowdown Has Economy on the EdgeEuropean Stocks Gain With US Futures; Dollar Slips: Markets WrapBabel Finance, the distressed crypto lender which froze withdrawals on Friday, said it won a reprieve on debt repayments as it battles to survive a tumultuous slump in cryptocurrenc

  • Reuters

    Chinese splash out on tech goods, camping gear in shopping fest

    High-end home appliances and camping gear were among Chinese shoppers’ most sought after buys during the “618” shopping festival, according to e-commerce platforms, in a sign of how China’s COVID-19 curbs are driving lifestyle changes. The event was the first major shopping festival to take place since several Chinese cities, including Shanghai, were hit by a series of lockdowns to halt the spread of COVID-19. Consumption in China remains weak as shoppers were confined to their homes in Shanghai and other cities.

  • Barrons.com

    Is the Stock Market Closed Today? Here Are the Hours for Juneteenth.

    The Juneteenth holiday weekend may come as a bit of respite for investors. Last week, they had to navigate increasingly turbulent markets: The  officially entered a bear market on Monday, the Federal Reserve announced a 0.75 percent interest rate hike on Wednesday, and the  finished below 30,000 points on Thursday. Is the Stock Market Closed on Juneteenth?

  • Insider Monkey

    10 Best Falling Stocks to Buy Right Now

    In this piece we will take a look at the ten best falling stocks to buy right now. If you want to skip our introduction of the companies and the general economic outlook, jump right ahead to 5 Best Falling Stocks to Buy Right Now. The start of 2022 had a tinge of optimism to […]

  • Motley Fool

    My Best FAANG Stock to Buy Now and Hold Forever

    Most investors have heard of FAANG, an acronym that represents Meta Platforms (formerly Facebook), Amazon, Apple, Netflix, and Alphabet (formerly Google) (NASDAQ: GOOG)(NASDAQ: GOOGL). All the FAANG stocks have grown to their massive sizes by dominating the markets they operate.

  • Motley Fool

    1 Stock Split Growth Stock to Buy Now

    Stock splits are getting a lot of attention this summer: Amazon just completed its 20-for-1 split, Alphabet’s 20-for-1 action is coming up fast, Shopify approved a 10-for-1 split, and Tesla’s board of directors just signed off on a 3-for-1 split. Fortinet shares will be divvied up on June 22, leaving shareholders on June 23 with five shares for every one they owned prior. As a reminder, the share price will also be divided by five to adjust accordingly, so the value of Fortinet as a company is not changing.

  • The Wall Street Journal

    Stocks Historically Don’t Bottom Out Until the Fed Eases

    Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routs. It turns out the Fed has often had a hand in market turnarounds, too.

  • Motley Fool

    Want to Retire Early? These 5 Ultra-High-Yield Dividend Stocks Can Help

    Buying dividend stocks, which make so much money that they give a chunk of their profits on a regular basis to shareholders, can eventually build a waterfall of cash that can set you financially free. AT&T (NYSE: T) is one of only a few wireless carriers in the United States. The company generates more than $160 billion in annual revenue and uses some of that to pay out a quarterly dividend of $0.278 per share that currently yields a whopping 5.7%.

  • Motley Fool

    4 Sensational Dividend Stocks That Can Turn $300,000 Into $1 Million in 10 Years (or Less)

    Since hitting their respective all-time highs, the widely followed Dow Jones Industrial Average, broad-based S&P 500, and tech-driven Nasdaq Composite have tumbled as much as 18%, 23%, and 33%. Although bear markets can tug on investors’ emotions and test their resolve, they’re historically the ideal time to put your money to work. Over time, every notable crash, correction, and bear market has eventually been wiped away by a bull market.

  • Motley Fool

    This Telltale Bear Market Signal for Stocks Has Never Been Wrong

    There’s no denying that it’s been an uphill climb for Wall Street and investors since the year began. Since the three major U.S. indexes hit their all-time closing highs between mid-November and early January, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and technology-focused Nasdaq Composite (NASDAQINDEX: ^IXIC), have respectively tumbled by 19%, 24%, and 34%, as of June 16. More importantly, it firmly places the Nasdaq and S&P 500 in a bear market.

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