Yahoo Finance's Morning Rundown, October 12
The morning's top headlines
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DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
Barrons.comTrump Media auditor shut down and charged with ‘massive fraud’
The audit firm used by Donald Trump’s social media company has been shut down by US regulators after being accused of running a “sham audit mill”.
The TelegraphSuze Orman Calls The 4% Retirement Rule 'Very Dangerous' In Today's Challenging Economic Climate
Many Americans wonder how much money to withdraw from their retirement savings each year, and financial expert Suze Orman believes that the 4% retirement rule is no longer the answer. Orman, known for her blunt and hard-hitting financial advice, discussed why so many Americans are living paycheck to paycheck and her opinion on retirement savings during an interview with SecureSave Co-Founder Devin Miller for Moneywise Don't Miss: The average American couple has saved this much money for retireme
Benzinga‘I see my greedy in-laws as misogynists’: I was a stockbroker in the 1980s and always kept my money separate from my husband’s. Is such self-protection justified?
“The biggest surprise when we got married was that my husband’s family saw me as a paycheck, even though they are all educated.”
MarketWatchI’m in my 50s, earn over $200,000, own a $1.75 million home and have $4 million in savings. Should I pay off my 2.75% mortgage?
“My business has been doing well lately, and I am able to take nice owner distributions of $10,000 to $30,000 per month,”
MarketWatchIntel CEO Pat Gelsinger Picks Up Stock Near 2024 Low
Intel stock continued a 2024 slump in late April after the chip maker provided disappointing guidance. With the shares trading at their lows for this year, CEO Pat Gelsinger bought up Intel stock on the open market. According to forms he filed with the Securities and Exchange Commission, Gelsinger purchased the stock through a family trust that now owns 39,400 shares.
Barrons.comWhy Plug Power Stock Is Soaring Today
Shares of this hydrogen and fuel cell stock are charging higher as the weekend approaches.
Motley FoolStarbucks Is Running Out of Americans to Drink Its Expensive Coffee
To Americans, who still get excited for pumpkin spice season, the beverage Starbucks tested in China recently sounds over the top. The reason: Its core customers in America can no longer be counted on to keep buying so it has to dominate China. Starbucks has been a juggernaut, expanding from 165 stores when it went public in 1992 to a company worth nearly $150 billion at its peak.
The Wall Street JournalIs This Stock-Split Stock Going to $3,600? 1 Wall Street Analyst Thinks So.
The company has been very clever about harnessing technology to help improve performance.
Motley FoolBill Gates Is Reportedly Selling A Pair Of Yachts After Dropping To His Lowest Rank On The Billionaire List In 34 Years
Bill Gates, the co-founder of Microsoft Corp. and a renowned philanthropist, has been slipping down the ranks of the world’s billionaires. Despite boasting a net worth of nearly $128 billion, Gates is at No. 9 on the Forbes Billionaire Index, a significant drop from his previous position at No. 7 a month ago. This marks his lowest ranking since 1990 when he ranked 16th. Gates has been recognized not only for his immense wealth but also for his environmental advocacy, which makes his ownership of
Benzinga