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Bessent: Not Unreasonable To Have Discussion On Practices Of Credit Card Companies
Scott Bessent said it was not unreasonable to have a discussion on the practices of credit card companies and a number of things can be considered.
Global Investors Hit 'Hyper-Bull' As Hedging Collapses, Says BofA Survey
Global fund managers are the most bullish since July 2021, January's Bank of America survey showed on Tuesday.
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'Pain is a great teacher': How Ray Dalio, the world's most successful hedge-fund founder, came back from financial ruin
Dalio started Bridgewater Associates out of his apartment in 1975, and grew it into the world's largest hedge fund.
‘I Hated Commissions,’ Says Charles Schwab After Ending Them
The founder of the giant discount brokerage said he has always hated charging commissions and he’s glad to be “out of the business.”
SEC Issues Plan to Modernize RIA Ad Rules
Among other things, the proposal would update the definition of “advertisement” so that it is flexible enough to remain relevant and effective.
Furious John McAfee Slams Facebook’s Libra As An “Abomination”
He says it will give CEO Mark Zuckerberg never-before-seen domination over its users.