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New York Knicks Still NBA’s Most Valuable Franchise, ‘Forbes’ Reports

New York Knicks Still NBA’s Most Valuable Franchise, ‘Forbes’ Reports

Although the New York Knicks have exhibited substantial improvement under head coach Tom Thibodeau this season, the club is likely still some time away from competing for an NBA title. However, there is one area where the franchise continues to reign over the rest of the association. Per Forbes‘ latest list of NBA team valuations, […]

3y ago

European Shares Climb As Investors Hope For A Joe Biden Win

European Shares Climb As Investors Hope For A Joe Biden Win

Stock markets across Europe and Asia soared on Election Day in the U.S. as investors anticipated a win for Democratic candidate Joe Biden. Share prices in London saw their biggest daily rise in two months as market participants hoped that a Biden win would bring in a larger stimulus package to help the economy recover […]

4y ago

China Is Helping North Korea Launder Money Through US Banks In ‘Concerted Attack,’ Leaked Documents Reveal

China Is Helping North Korea Launder Money Through US Banks In ‘Concerted Attack,’ Leaked Documents Reveal

Recently leaked documents have revealed that North Korea has been benefiting from an elaborate money laundering scheme for years. The enterprise, which often relied on Chinese firms to move money through banks in New York, has been called a “concerted attack” on the U.S. by a former official at the Treasury Department. According to NBC […]

4y ago

Kanye West Is Officially A Billionaire But Disagrees With ‘Forbes’ Over His Net Worth

Kanye West Is Officially A Billionaire But Disagrees With ‘Forbes’ Over His Net Worth

Rapper Kanye West has finally become a billionaire, a feat that he has hoped to accomplish for years. The 42-year-old was granted the title by Forbes Magazine. However, West disagrees with the publication regarding how much money he is really worth, according to CNN. West has wanted to be a billionaire for so long that […]

4y ago

The Mormon Church Is Accused Of Hiding $100 Billion In Assets, According To Whistleblower

The Mormon Church Is Accused Of Hiding $100 Billion In Assets, According To Whistleblower

The Church of Jesus Christ of Latter-Day Saints, a religion more popularly known as the Mormon Church, has been accused of hiding over $100 billion in assets, according to The Wall Street Journal. In fact, news of the billions owned by the church only became public knowledge after a whistleblower accused the organization of improperly […]

4y ago

The DOW Hits 29,000 For The First Time In History: Here Are The Previous 3 Records

The DOW Hits 29,000 For The First Time In History: Here Are The Previous 3 Records

Wall Street was cheering on Friday after stocks rose to record highs, with the Dow Jones Industrial Average breaking 29,000 for the first time in its history. However, the victory was short lived, as stocks then tumbled around 100 points by the afternoon. The volatility comes in response to a number of headlines that have […]

5y ago

Former Wells Fargo Executives May Face Criminal Charges In Coming Weeks, Sources Say

Former Wells Fargo Executives May Face Criminal Charges In Coming Weeks, Sources Say

A number of former high-level business executives at Wells Fargo might soon be indicted in the upcoming weeks after being the subject of a criminal investigation, reports The American Banker. The charges would stem from their involvement in the bank’s fake account scandal, in which millions of fraudulent savings and checking accounts were created for […]

5y ago

Global Financial Meltdown Draws Nearer As U.S. Corporate Debt Balloons

Global Financial Meltdown Draws Nearer As U.S. Corporate Debt Balloons

President Donald Trump recently warned of a stock market crash if he doesn’t win re-election in the 2020 presidential election, per The Inquisitr. The warning was contradicted by a Bloomberg News report that suggests that the stock market has experienced more gains under Democratic Presidents Barack Obama and Bill Clinton than Trump. But that doesn’t […]

5y ago

Alexandria Ocasio-Cortez: Warren Buffett’s Idea To Go After CEOs Of Failed Banks Is Not ‘Crazy’

Alexandria Ocasio-Cortez: Warren Buffett’s Idea To Go After CEOs Of Failed Banks Is Not ‘Crazy’

Freshman Congresswoman Alexandria Ocasio-Cortez reacted to a proposal by esteemed billionaire and investment guru Warren Buffett in which CEOs of banks bailed out by the United States government could be gone after for their personal net worth, Newsweek reports. “It still blows my mind that the CEOs who crashed our economy + caused millions of […]

5y ago

Amazon Claims It Enjoyed Its Most Successful Cyber Monday Yet This Year

Amazon Claims It Enjoyed Its Most Successful Cyber Monday Yet This Year

With an influx of online shopping, more and more Americans are doing their shopping from home. Amazon Prime has made it easier and faster than ever to shop for just about anything and receive it in a couple days. It was no surprise that Amazon anticipated and received a highly successful Black Friday and Cyber […]

6y ago

Stock Market Reaction Mixed In Aftermath Of Midterm Elections

Stock Market Reaction Mixed In Aftermath Of Midterm Elections

Global financial markets are noticeably higher across the board in the opening hours of Wednesday, but the results of the 2018 midterm elections which saw the Democrats take control of the House of Representatives seemed to have a minor impact at best regarding financial sentiment, at least in the immediate aftermath, according to reports from […]

6y ago

Wells Fargo Admits Hundreds Of Customers Wrongly Lost Their Homes To Foreclosure Due To Computer Glitch

Wells Fargo Admits Hundreds Of Customers Wrongly Lost Their Homes To Foreclosure Due To Computer Glitch

According to CNN Money, hundreds of people had their homes foreclosed after Wells Fargo bank incorrectly denied them mortgage modifications due to glitches in new software. The glitch was discovered during a regulatory filing this week and the bank has responded by setting aside $8 million to compensate those affected. Wells Fargo also reported that […]

6y ago

Stormy Daniels Willing To Give Up $130,000 In NDA Money, Says Her Lawyer

Stormy Daniels Willing To Give Up $130,000 In NDA Money, Says Her Lawyer

Stephanie Clifford, now better known as adult film star Stormy Daniels, is ready to give up the $130,000 paid to her by Trump lawyer Michael Cohen in order to be able to share her story, New York Daily News reports. This revelation comes through her lawyer, Michael Avenatti, who filed a complaint this week claiming […]

6y ago

Starbucks’ Howard Schultz Enthusiastic Over Cryptocurrency But Not Bitcoin

Starbucks’ Howard Schultz Enthusiastic Over Cryptocurrency But Not Bitcoin

During a recently held first quarter earnings conference call, former Starbucks CEO Howard Schultz revealed that he is very much interested in the future of cryptocurrency and how one day it could be the preferred mode of payment for major retailers. The coffee house chain is also apparently studying the possible applications of cryptocurrency and […]

6y ago

South Korean Banks Involved In Bitcoin And Crypto Trading Under Investigation

South Korean Banks Involved In Bitcoin And Crypto Trading Under Investigation

South Korean Authorities have reportedly started investigating a number of the country’s biggest financial institution in connection with their involvement in the growing Bitcoin and cyptocurrency trading market. The growth of Bitcoin and other cryptocurrencies along with the growing interest in crypto trading has caught the eye of local authorities who are now ramping up […]

7y ago

How’s Your Credit? 2017 Cities With The Highest And Lowest Credit Scores

How’s Your Credit? 2017 Cities With The Highest And Lowest Credit Scores

Unfortunately, your credit score is much more than a three-digit number – it’s a numerical (often unfair) representation of your financial habits. And, whenever you’re applying for a new credit card, buying a home, starting a business, or purchasing a new vehicle, it counts. When it comes to a credit score, many people know it […]

7y ago

Rap Mogul Jay Z Launches Venture Capital Fund

Rap Mogul Jay Z Launches Venture Capital Fund

Music legend Jay Z, who just became the first rapper inducted into the Songwriters Hall of Fame, is launching a venture capital fund along with his Roc Nation business partner Jay Brown according to Axios. The venture capital fund will be a partnership with San Francisco firm Sherpa Capital, which has gained prominence through its […]

7y ago

Trump Executive Orders: ‘Trade War’ Over Mexico Wall, Muslim Ban Predicted

Trump Executive Orders: ‘Trade War’ Over Mexico Wall, Muslim Ban Predicted

Will President Donald Trump end up being bad for American businesses because of the isolationist nature of his executive orders such as slashing business regulations, being a climate change denier, imposing a Muslim ban, or building the Mexico border wall? Trump has been signing a number of executive orders during his first week as president, […]

8y ago

Vicki Gunvalson Slammed For Celebrating Successes As ‘RHOC’ Co-Stars Leave The Show

Vicki Gunvalson Slammed For Celebrating Successes As ‘RHOC’ Co-Stars Leave The Show

Vicki Gunvalson has been on The Real Housewives of Orange County since the very beginning, and it’s no secret that Vicki doesn’t want to be associated with those wives who simply shop, lunch, and gossip with girlfriends. Vicki has worked very hard on her insurance company, starting with a home office and moving into a […]

8y ago

2017 Pot Bank Law May Give The Weed Business More Money Rights

2017 Pot Bank Law May Give The Weed Business More Money Rights

Elizabeth Warren is attempting to right a wrong that has been dealt to the marijuana industry concerning their ability to access full services at American banks, and a decision in their favor could save weed businesses from armed robbery by civilians and law enforcement asset seizures that total in the millions. Worse, because marijuana businesses […]

8y ago

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