Sunday, December 1

Tag: investing

Money-savvy teen who bought stocks aged 14 and now drives a Tesla offers her best advice tips to start investing
8Apr By adminNo Comments
Money

Money-savvy teen who bought stocks aged 14 and now drives a Tesla offers her best advice tips to start investing

By Mackenzie Tatananni For Dailymail.Com 07:30 08 Apr 2024, updated 08:42 08 Apr 2024 Sophia Castiblanco, 17, made a fortune through investing and content creatingShe began investing three years ago with help from her parents and encourages others to take the leapCastiblanco shares her tips for investing and reveals how to manage risk A high school junior is encouraging others to invest after earning nearly six figures from buying and selling stocks like Amazon and Tesla.Sophia Castiblanco, now 17, began making her own money through social media at just 14 years old, mostly through producing lifestyle content.Now she's eager to share finance tips after her own success at investing her income.'I've always kind o...
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PGA Tour, Saudi Deadline Passes With No Deal—but Talks Will Continue
1Jan By adminNo Comments
World

PGA Tour, Saudi Deadline Passes With No Deal—but Talks Will Continue

The stunning agreement last June between the PGA Tour and LIV Golf’s Saudi backers came with a deadline to hammer out a deal: the end of 2023. As New Year’s Eve came and went without a pact, the sides now say they are poised to continue negotiations into 2024. In a memo to players Sunday, PGA Tour commissioner Jay Monahan wrote that the goal remains to strike a finalized agreement—but it hasn’t happened yet. Instead, he said, there are “active and productive conversations” with Saudi Arabia’s Public Investment Fund and they are “working to extend our negotiations into next year based on the progress we have made to date.”Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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A Real-Estate Juggernaut Ran Off the Rails in 2023
1Jan By adminNo Comments
World

A Real-Estate Juggernaut Ran Off the Rails in 2023

From 2019 to 2022, a new type of real-estate fund became one of the hottest fundraising juggernauts on Wall Street by giving individual investors the chance to participate in soaring values of apartment buildings, warehouses and other types of commercial property.Last year, those funds, known as nontraded real-estate investment trusts, ran off the rails. As concerns increased about the troubled commercial-property market, fundraising plummeted by the funds’ sponsors, many of them giant investment firms such as Blackstone and Starwood Capital Group.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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‘This Can’t Go On for Much Longer.’ Private Equity’s Deal Lament
31Dec By adminNo Comments
Money

‘This Can’t Go On for Much Longer.’ Private Equity’s Deal Lament

Private-equity firms usually drive dealmaking on Wall Street. In 2023, they sat it out.High interest rates put many new deals out of reach. Shaky market conditions made it hard for firms to cash out of current investments. And some of their investors have been pulling back. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Sam Bankman-Fried Won’t Face a Second Criminal Trial
30Dec By adminNo Comments
World

Sam Bankman-Fried Won’t Face a Second Criminal Trial

Federal prosecutors said Friday that they wouldn’t try Sam Bankman-Fried on additional criminal charges that weren’t part of the fall trial that resulted in the FTX founder’s conviction for fraud related to the collapse of his crypto exchange.The move, announced in a letter to the presiding judge, clears the way for the FTX founder to be sentenced on March 28. A second trial would have delayed that sentencing, and Bankman-Fried already faces the possibility of decades in prison.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Williams Cos. to Buy Gulf Coast Natural Gas Storage Portfolio for $1.95 Billion
28Dec By adminNo Comments
World

Williams Cos. to Buy Gulf Coast Natural Gas Storage Portfolio for $1.95 Billion

Energy infrastructure company Williams Cos.has inked a deal to buy a portfolio of Gulf Coast natural-gas storage assets from an affiliate of commodities-trading company Hartree Partners for $1.95 billion.Williams on Wednesday said the acquisition includes six underground natural gas storage facilities in Louisiana and Mississippi with total capacity of 115 billion cubic feet, along with 230 miles of gas transmission pipeline and connections to Transco, the nation’s largest natural gas transmission pipeline.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Williams Cos. to Buy Gulf Coast Natural Gas Storage Portfolio for $1.95 Billion
27Dec By adminNo Comments
World

Williams Cos. to Buy Gulf Coast Natural Gas Storage Portfolio for $1.95 Billion

Energy infrastructure company Williams Cos.has inked a deal to buy a portfolio of Gulf Coast natural-gas storage assets from an affiliate of commodities-trading company Hartree Partners for $1.95 billion.Williams on Wednesday said the acquisition includes six underground natural gas storage facilities in Louisiana and Mississippi with total capacity of 115 billion cubic feet, along with 230 miles of gas transmission pipeline and connections to Transco, the nation’s largest natural gas transmission pipeline.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Stocks Rise to Start Last Trading Week of Year
26Dec By adminNo Comments
Money

Stocks Rise to Start Last Trading Week of Year

Major indexes advanced to start the holiday-shortened trading week, with stocks looking to close out a positive year after a bruising 2022.The benchmark S&P 500 gained 0.4% Tuesday, leaving it within 0.5% of a record close. The tech-heavy Nasdaq Composite added 0.5%, and the blue-chip Dow Jones Industrial Average rose 0.4%, or about 159 points. The small-cap Russell 2000, which has outperformed the leading indexes in December, climbed 1.2%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet
26Dec By adminNo Comments
World

Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet

Billionaire investor Nelson Peltz resigned from his position at the Simon Wiesenthal Center after the Jewish organization urged people not to buy Ben & Jerry’s ice cream.Peltz, who is a board member at Unilever, Ben & Jerry’s parent company, stepped down from the center on Dec. 12, according to people familiar with the matter. His firm, Trian Fund Management, is a Unilever shareholder.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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