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Last week, the The New York Times reported that Randall Lane, a top editor at Forbes, was fired over an undisclosed $6 million payment he received from RJ Shook, the founder of Shook Research. The news drew immediate scrutiny to the relationship between Forbes’ editorial efforts (which Lane oversaw) and the research provider behind Forbes’…
Federal prosecutors in Georgia have publicly detailed criminal charges against Edward Zimbardi following his recent return to the United States from Fiji. The 59-year-old resident of Flowery Branch stands accused of orchestrating a large-scale investment fraud that authorities say diverted more than $165 million from thousands of participants worldwide. According to the US Attorney’s Office…
In 2026, it can feel like each time the market takes one step forward, it snaps back just as quickly, unable to find the footing needed for a prolonged rally. The worry then becomes that if stocks can’t rebound from a broad sell-off, a bear market may loom, which would be the S&P 500 (^GSPC…
Investors have been warned against putting money into mini bonds issued by unregulated companies just five years after the Financial Conduct Authority (FCA) banned promotions of the risky products. The high-profile collapse of London Capital & Finance in 2019 – where 11,600 bondholders lost an estimated £237 million – prompted the FCA to ban the…
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Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Remember when there were “internet companies”? And then, before you knew it, just about every company was heavily leveraging the internet to compete. In a matter of business déjà vu, artificial intelligence is progressing fast toward the…
At dusk in rural America, you can tell a lot by whether the barn lights are still on. That light means a farmer is still doing the work. It means a family is still on the land. Across the country, those lights are carrying more weight than ever, because each one that goes dark says…
Off-price retailer Ross Stores saw “robust” sales growth in the quarter ended Aug. 1 as both existing customers and new ones sought prices lower than those of mainstream retailers, CEO Jim Conroy said during a Thursday (Aug. 20) earnings call. “We really want to be there for a customer that is battling higher gas prices…
Keith M. Rosenbloom sells $1.22m in American Vanguard shares
The dollar index (DXY00) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected US economic news, including weekly jobless claims, the Aug Philadelphia Fed business outlook survey, and July leading indicators. Also, Thursday’s +2% jump in WTI crude oil to a 1-month high…