‘Growth scare’ strikes US stocks as estimated $5 trillion to $8 trillion of household wealth evaporates in five months

Amid a sea of ​​red in US stock markets for much of Friday, a fundamental shift in investors’ thinking appeared to be taking hold, one which analysts describe as a “growth scare.” A “growth scare” has not been characterized by a correction in anticipation of slowing economic growth, even such a slowdown has not yet … Read more

Wendy Williams Placed Under Guardianship, Claims Fraud by Wells Fargo – The Hollywood Reporter

The chain of events that culminated this week with the installment of a financial guardian over Wendy Williams’ finances started with a simple request from the TV personality to check her bank statements, according to her attorney, La’Shawn Thomas. Williams, suspecting misconduct by her financial advisor dela, wanted to switch banks and needed her most … Read more

Why Nvidia Stock Cratered on Friday

what happened shares of Nvidia (NVDA -2.51%) continued to tumble on Friday, falling as much as 8%. As of 1:41 pm ET, the stock was still down 7.5%, capping off a week when shares dropped roughly 10%. While the chipmaker was no doubt caught up in the broader market decline, bearish comments by a pair … Read more

Wall Street ends mixed after punishing week

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 19, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com register Ross Stores plunges after cutting 2022 forecast S&P 500 +0.01%, Nasdaq -0.30%, Dow +0.03% May 20 (Reuters) – Wall Street ended … Read more

Three Hilton Credit Cards Are Offering Bonuses up to 130,000 Points

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Subscribe to the Select Newsletter! Our best selections in your inbox. Shopping recommendations that help upgrade … Read more

What to think about when saving for near-term goals amid choppy markets

As inflation soars and markets slide, many investors are wondering what’s coming next. Traditional advice dictates that long-term investors — those who are focused on retirement dates further down the road — should stay the course in the markets. But those with shorter time horizons of three-to five-years for a closer goal, like saving for … Read more

‘I don’t know how they did it’

TikToker is going viral after sharing her experience dealing with an alleged credit card scam. The part story, part PSA comes from a user named Meg (@meggylouu). In a video posted in early May, the TikToker detailed the credit card “swap” that nearly cost her $1,500. How to avoid panic buying in an ultra-competitive housing … Read more