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In this article ABG sturti | E+ | Getty Images Company: Asbury Automotive Group Inc. (ABG) Business: Asbury Automotive Group is an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The

When people think of the largest companies in Silicon Valley, computer and digital giants such as Apple (AAPL), Alphabet/Google (GOOGL), and Facebook (FB) are the first that come to mind. However, successful public companies within Silicon Valley extend beyond the technology sector—especially if you extend the traditional Silicon Valley borders a bit to the north

Treasury Secretary Janet Yellen speaks during the daily press briefing on May 7, 2021, in the Brady Briefing Room of the White House in Washington, DC. Saul Loeb | AFP | Getty Images U.S. Treasury Secretary Janet Yellen will meet with the President’s Working Group on Financial Markets next week to discuss the role stablecoins

Vanessa Rivera (left), Azuri Moon (center), Candace Koole (right) all say their unemployment insurance was stolen from their accounts. Source: CNBC As millions of Americans received unemployment payments to get through the crisis, scammers developed a new way to steal cash directly from recipients’ accounts, according to an investigation by CNBC. When one single mother’s

The first rule of managing your employee stock options is to avoid premature exercises. Why? Because it forfeits the remaining “time premium” back to your employer and incurs an early compensation income tax to you, the employee. When employee stock options are granted, the entire value consists of “time premium” because there generally is no

A Falcon 9 rocket booster lands after launching the company’s Transporter-2 rideshare mission on June 30, 2021. SpaceX Private investment in space companies hit $4.5 billion in the second quarter, a record for the sector, according to a report on Wednesday by New York-based firm Space Capital. “This was the largest quarter on record for

In this article CLNE CLOVW GME AMC Pedestrians pass in front of an AMC theater in New York. Scott Mlyn | CNBC The price of AMC Entertainment stock has been cut in half from its peak amid a big rout in meme stocks this month as the reality of bubble-like rallies and failing businesses started

There are a number of ways to rank the size of insurance companies. Companies can be measured by their market capitalization (the value of the company on a stock exchange) or by using sales figures, such as net premiums written in a year or how many policies were sold. Here, we examine the top 10

The chairman and CEO of the world’s largest asset manager told CNBC on Wednesday that he worries about a “silent crisis of retirement,” citing global monetary policies that create disincentives for savers. “Unquestionably, as central banks keep rates low, or negative in Europe, the savers are getting slammed,” BlackRock co-founder Larry Fink said on “Squawk

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Junk bonds aren’t so junky anymore, with a strong fundamental backdrop helping to underpin what traditionally has been one of the riskiest sections of the financial markets. Yields in the $10.6

Markit Group Ltd. created the ABX index as a synthetic basket of goods designed to provide feedback on the subprime mortgage market. The ABX itself is broken into separate sub-indexes, each of which represents a “tranche” of 20 credit default swaps, also known as credit default obligations, that are secured with subprime mortgage loans. The

David Solomon, chief executive officer of Goldman Sachs & Co., speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images Goldman Sachs CEO David Solomon said that China’s recent moves boosting oversight of its technology

A visual representation of digital currencies. Yuriko Nakao | Getty Images Virtual payments can be costly and slow – which makes them ripe for disruption by digital currencies, particularly stablecoin. What makes virtual payments inefficient is that they occur in a multitude of smaller closed networks: banks facilitate transfers linked to accounts, credit card networks

There are almost as many different rewards programs are there are credit cards. Common benefits offered include: Air Travel Miles Many credit cards partner with specific airlines and offer more generous air travel miles if you fly with them. There are many airlines cards to choose from, such as the American Express Gold Delta SkyMiles card

Art at the cryptocurrency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami on June 4, 2021. Marco Bello | AFP | Getty Images Cryptocurrencies are in a summer slump as they navigate a two-month correction period following a string of negative stories. Trading volumes at the largest exchanges, including Coinbase, Kraken, Binance

(Click here to subscribe to the new Delivering Alpha newsletter.) Climate change has been one of the biggest topics of 2021, but private capital specifically, is still in a very nascent stage in making progress in this space. TPG’s Executive Chairman Jim Coulter is raising one of the very few climate funds in existence. Here he is

Smartphones are a necessity for many people, but purchasing one outright can be costly. As of 2020 the average cost for premium smartphone models topped $1,000, though the global average smartphone selling price in 2021 is only $363. Financing the purchase of a smartphone may seem like the better option when cash is tight, and

An employee of the Internet company Facebook walks through the courtyard of the company campus in Menlo Park, California. Christoph Dernbach | picture alliance | Getty Images When Wall Street analysts take a more bullish stance on a particular stock, it could mean that the name is undervalued and has room to run.  The stocks

When workers change jobs, their retirement savings in employer-sponsored plans (employer plans) tend to get withdrawn and spent. It’s an understandable phenomenon, albeit an unfortunate one. We’ll show you how to avoid the trap of cashing in your retirement savings and how to transfer your funds when you change jobs. Key Takeaways Avoid the trap

In this article DBX Dropbox CEO Drew Houston and Dropbox co-founder Arash Ferdowsi (C) celebrate the launch of Dropbox’s initial public offering as they ring the opening bell at Nasdaq MarketSite, March 23, 2018 in New York City. Getty Images Company: Dropbox Inc. (DBX) Business: Dropbox is a single organized platform where users can create