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As yet another international economic sanction against Russia, in response to its war on Ukraine, leading Western nations have pledged to bar several large Russian banks from using the SWIFT system. The upshot of this would be to cut Russia off from much of the international financial system. The goal, according to a joint statement

The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said

What Were the ‘Browser Wars’? The first shot of the internet browser wars was fired when Netscape launched its initial public offering on August 9, 1995. The company set its offering price at $28 per share. That was seen as a bold move for a company looking to sell five million shares on the strength

In this article AMZN WMT HD SOFI PANW The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Stocks have been volatile over the last two months, and the way ahead is looking tumultuous. Investors are contending with an array of factors that have shaken financial markets,

The telecommunications industry has experienced more than its fair share of change, and by necessity has evolved extremely quickly. As computing and communications have merged, the industry has had to deal with debates about privacy and data ownership, and major companies have quickly morphed into the giants of today. At the same time, the technology that powers

In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway‘s operating profits surged in the fourth quarter and for the full year as the conglomerate’s businesses continued to roar back to life from the pandemic economic slowdown. Chairman Warren Buffett increased his bet on that comeback, buying back

Women’s growing career and financial power don’t necessarily translate into long-term financial wellness. That’s the takeaway from a Merrill/Age Wave study, Women & Financial Wellness: Beyond the Bottom Line. “Women are driving big changes in the labor force, in their communities and workplaces, and in their homes,” said Sheri Bronstein, global human resources executive at Bank

ISS Expedition 64 crew member, Russian cosmonaut Sergey Ryzhikov takes part in a training session at the Yuri Gagarin Cosmonaut Training Center in Zvyozdny Gorodok [Star City], Moscow Region. Anton Novoderezhkin | TASS | Getty Images For more than two decades, the space agencies of the United States and Russia have been partners through the

In this article RSX IEV Traders on the floor of the NYSE, Feb. 22, 2022. Source: NYSE The VanEck Russia ETF fell more than 25% at one point in premarket trading on Thursday, shedding a quarter of its already depressed value after Russia invaded Ukraine. The fund was down more than 28% year to date

If you’re planning to buy a new car, you’ll most likely need an auto loan to help pay for it. With the average cost of a new vehicle exceeding $47,000 today, the great majority of buyers in the United States do. Whether you apply for a loan through the dealership or at a bank, the

Satellite imagery of the Chuhuiv Airbase outside of Kharkiv, Ukraine on Feb. 21, 2022. Planet Labs PBC Satellite imagery gives another perspective on the developing situation in Ukraine, as Russian troops move into the country and strikes occur in multiple Ukrainian cities. Russia launched an unprecedented invasion early on Thursday, with reports showing attacks by

The best Roth IRA investments are the ones that can take advantage of the way the retirement vehicles are taxed. There are no upfront deductions on contributions, but your investments grow tax-free inside the account. And withdrawals in retirement? They’re tax-free, too—even on the earnings. To take full advantage of the Roth IRA’s tax-sheltering properties,

Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday the stock market may have “another couple days of this uncertainty,” until it becomes clear whether Russia will invade Ukraine or whether Moscow will stop with recognizing the independence of Luhansk and Donetsk, two breakaway regions there. “The market needs to get a little

You will probably need to take out a loan during your lifetime. Whether you’re buying a car or a home, starting a business, consolidating debt, facing unexpected expenses, or paying for a college education, there will be situations when you’ll need more money for a purchase or a bill than you have in savings. A

Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hearing on the CARES Act Oversight at the Senate Office Building on Tuesday, Nov. 30, 2021 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images The outlook for Federal Reserve rate hikes after March may become less clear if Russia continues

Whether it’s your daily driver, a truck for work, a weekend motorcycle, or an antique automobile, if you intend to drive it on public roads, you’ll need to have a valid state registration. Here’s how to obtain one. Key Takeaways It’s illegal to drive a car on public roads without a valid state registration. If

The Whitewater scandal was a real estate controversy that came to public attention in the 1990s. It involved former President Bill Clinton and his wife Hillary along with their associates. Whitewater was a land development venture that turned into a failed investment. After a series of lengthy investigations into the matter—famously led by Independent Counsel

In this article NET EXPE COUR INTC SEDG Visitors browse at the display of Expedia during the International Tourism Trade Fair in Berlin. Fabrizio Bensch | Retuers Geopolitical tensions, the prospect of Federal Reserve rate hikes and inflation fears have roiled the stock market and left investors unsettled. The major indexes have just notched a

An initial public offering (IPO) lock-up period is a contract provision preventing insiders who already have shares from selling them for a certain amount of time after the IPO. Although the waiting period varies on a case-by-case basis, it is typically 180 days. Investors should also note that the lock-up period is usually longer for

In this article SPCE Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Virgin Galactic announced Friday that Chairman Chamath Palihapitiya is stepping down from the space tourism company’s board of directors, effective immediately. Palihapitiya’s SPAC, or special purpose