Author: super@dmin
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: Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China’s President, Xi Jinping, moved to consolidate power
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Need to Know: This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
Our call of the day from hedge fund Saba Capital’s founder Boaz Weinstein, who warns of a “real headwind” for investors from central bank tightening that could trigger a decades-long bear market
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: How do you pass along wealth? Start with a conversation.
The silent generation and baby boomers, upon their death, will transfer as much as $68 trillion to adult children. The first step is open communication.
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Market Snapshot: U.S. stock futures consolidate after last week’s rally
U.S. stock futures were pointing to a softer start on Monday, consolidating last week’s gains as a slate of major tech company earnings await.
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Kelley Blue Book: Check out GMC’s new electric Sierra truck: up to 400 miles of range, luxury cabin
For the 2024 model year, GMC’s all-electric Sierra full-size truck will have up to 754 hp and can be used as a mobile power source, priced around $50K.
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NerdWallet: How last year’s housing market affected mortgage denials
An analysis of the 7.1 million mortgage applications filed in 2021 reveals the hot housing market changed home loans in several dramatic ways.
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Kelley Blue Book: The 2024 Cadillac Celestiq is as absurdly over-the-top as a Caddy gets
The hand-built, battleship-sized electric car harks back to Cadillac’s most preposterous years. Is it practical? Stupid question. Does it come in pink?
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NerdWallet: A bill in Congress wants to lower merchant ‘swipe’ fees, but will it kill your credit card rewards?
Legislation winding through Congress could kill the rewards and perks that cardholders have enjoyed for years. What it could mean for your wallet if it passes.
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Kelley Blue Book: EV sales are getting hotter, these are the cars catching up to Tesla
Two trends — the growing size of the EV pie and Tesla’s shrinking share of it — are likely to continue in the fourth quarter.
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Next Avenue: Unicorns and robots, oh my! Future advances in fintech may radically change how we invest, save and spend.
A decade on, fintech has evolved from a snappy label for plucky startups to a phenomenon embraced by large publicly traded companies.