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Cryptocurrency lender BlockFi Inc. and eight affiliates filed for Chapter 11 bankruptcy protection in the U.S. district of New Jersey on Monday, the latest casualty in the implosion of the FTX cryptocurrency exchange this month.
Crispr stock rose early Friday ahead of the FDA's expected approval of a groundbreaking gene-editing treatment.
Google's new Gemini AI model is getting a mixed reception after its big debut yesterday, but users may have less confidence in the company's tech or integrity after finding out that the most impressive demo of Gemini was pretty much faked. A video called "Hands-on with Gemini: Interacting with multimodal AI" hit a million views over the last day, and it's not hard to see why. The impressive demo "highlights some of our favorite interactions with Gemini," showing how the multimodal model (that is
Speaking out for the first time since the shake-up at OpenAI, ex–board member Helen Toner told her side of the story in an interview with the Wall Street Journal.
Earning more money can make it easier to pay the bills, fund your financial goals and spend on hobbies or "fun," but what income is considered to make you rich? The answer can depend on several factors, including where you … Continue reading → The post What Income Level Is Considered Rich? appeared first on SmartAsset Blog.
CosMC's is "what would happen if a McDonald's character from the 1980s that was part alien, part surfer, part robot" opened a restaurant, its CEO said.
Within months, all but the top 1% of consumers will likely be doing worse than they were before COVID, in the bank's view.
Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.
The November jobs report could help determine what the Fed does next in its interest rate hiking campaign.
Elon Musk and Michael Burry have both raised the alarm on US households' spiraling debts. Carl Weinberg predicts they'll spark an economic slowdown.
Over the past week, the Russell 2000 is up nearly 3% while the S&P 500 is about flat.
The angular design of Tesla's Cybertruck has safety experts concerned the electric pickup truck's stiff stainless-steel exoskeleton could hurt pedestrians and cyclists and damage other vehicles on roads. Reuters spoke to six safety professors and officials who viewed videos of crash tests conducted by Tesla on its first new vehicle in nearly four years and shown during a webcast delivery event last week. Crash test videos that Tesla live-streamed at a Nov. 30 event were heavily discussed on social media.
Stiff employer competition for workers should keep salary increases modestly ahead of inflation next year.
(Bloomberg) -- One of the biggest US public pensions lost most of its private equity team after the fund made changes that would crimp the group’s ability to allocate to the alternative asset class.Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferHunter Biden Indicted in Tax Case as White House Woes MountApps That Use AI to Undress Women in Photos Soaring in UseHarvard, Penn Heads Walk Back Genoc
There's nothing like a plunge in yields to 4.1% to cool the dash to buy 10-year Treasuries. Now you can buy S&P 500 stocks that yield more.
Investors are weighing a surprise drop in unemployment in November and other data for what it could mean for Fed policy.
Broadcom stock was flat Friday after earnings, even as analysts cited optimism for the future of the semiconductor company. Broadcom reported third-quarter earnings and revenue after the close Thursday that increased from last year and beat Wall Street expectations, according to FactSet. “We believe Broadcom delivered a very solid earnings report and gave equally encouraging guidance,” Benchmark analyst Cody Acree said in a research note Friday.
Netflix is the only major player making money in subscription streaming services. The rest are trying to find a way to compete. But can they do it?
Required minimum distributions, or "RMDs," are the government's way of getting its tax money back on retirement accounts. Starting at age 73, anyone with a pre-tax retirement account such as an IRA or a 401(k), must begin must begin withdrawing a minimum amount from this account each year. This triggers a tax event, generating the income […] The post I'm 75 and Still Working. Can I Avoid Taking RMDs? appeared first on SmartReads by SmartAsset.
Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Everyone loves seeing growth in their portfolio. However, a good year of investing doesn't necessarily indicate a sound long-term investment strategy. Generating sufficient retirement income means planning ahead of time but being able to adapt to evolving circumstances. As a … Continue reading → The post What Is a Realistic Rate of Return for Retirement? appeared first on SmartAsset Blog.
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