Thursday, May 26, 2022
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Many graduate students at some of America’s most prestigious universities are drowning in debt up to $200,000, yet most earn as little as $30,000 two years after graduation. A recent article published by the Wall Street journal reveals the struggles students face in the highly competitive programs at Ivy league schools that leave many of them broke and wondering if...
Robinhood has settled a wrongful death lawsuit filed by the family of a 20-year-old trader who killed himself last summer after mistakenly believing he owed $730,000 to the online broker. Alexander Kearns,20, was trading on June 11 last year using the Robinhood app when the app suddenly put a hold on his account and showed a negative balance of $730,000 and...
The world’s richest person, Jeff Bezos is finally stepping on Monday July 5 as Amazon’s CEO at age 57. Bezos, who first announced in February he’s stepping down as the CEO of the e-commerce giant he founded 27 years ago, will retire on Monday with a staggering $201 billion fortune according to Forbes real time net worth - that is...
Investment banking giant, Goldman Sachs has cautioned investors not to expect another strong six months for stocks following S&P 500 finishing the first half of the year up about 15%. The bank said on Friday that the stock market is likely to consolidate sideways for the remaining months of the year as investors navigate higher interest rates. With the 10-year...
Tokyo Japan was hit by massive mudslide on Saturday, leaving 10 houses destroyed and 20 people missing after torrential rain in southwest of Tokyo. A search and rescue mission are currently searching the slide-hit area in Atami, Shizuoka Prefecture as heavy downpour swept areas along the Pacific coast in central and eastern Japan. Due to rising rivers in Hiratsuka, Kanagawa Prefecture,...
Mircea Popescu, dubbed 'the father of bitcoin toxicity', has suddenly died, leaving behind a massive crypto fortune estimated to worth over $2 billion. The sudden death of 41-year-old Romanian billionaire has left cryptocurrency experts speculating his crypto fortune could be lost forever. Popescu drowned on Monday off the coast of Costa Rica near Playa Hermosa after going for a morning swim,...
Silicon Valley online broker Robinhood unveiled paperwork on Thursday for its flotation on the Nasdaq stock market under the ticker symbol HOOD. The controversial investing app which was at the center of Wall Street’s recent retail trading frenzy surprised investors by enabling users to trade stocks and ETFs for free on its mobile app. Founded in 2013 by Stanford University roommates...
Moscow suffered unprecedented heatwave over the weekend with temperatures reaching 36°C (96°F). But in a dramatic turn of events, it was a different story altogether Monday afternoon, with flash rains flooding the city and causing traffic gridlock. One of the capital’s main thoroughfares, Vernadsky Avenue, was turned into a lake, and became impassable by car. One shopping center was turned into...
Britain's Health Secretary, Matt Hancock, has quit his job, a day after he apologized for breaching Covid regulations. Hancock, a married politician resigned after he was reportedly caught kissing and embracing his adviser, with whom British tabloid The Sun alleges he is having an affair. "I've been to see the Prime Minister to resign as Secretary of State for Health and...
Investing con, Warren Buffett on Wednesday announced his resignation from the Bill and Melinda Gates Foundation. The announcement comes weeks after Bill and Melinda Gates announced that they were divorcing after 27 years of marriage but would continue to jointly run the foundation. Bill Gates hired a law firm founded by Warren Buffett’s right-hand man, Charles Munger, to lead his $130...
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