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Billionaire Warren Buffett swears by this inexpensive investing strategy that anyone can try

In the past 20 years, investing in low-cost index funds like the S&P 500 has come to dominate much of the investing landscape.  The reason? It’s cheaper than investing in most mutual funds, there’s far less trading (which increases costs), and the primary structure that is used to invest in index …

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Kim Kardashian crypto settlement a reminder to vet online money advice

Kim Kardashian’s crypto settlement could be a lesson for us all. The reality TV superstar agreed to pay $1.26 million to settle charges with the Securities and Exchange Commission for failing to disclose she got paid to publish a post on Instagram about EthereumMax’s crypto asset, the agency announced Monday. “Clearly …

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British pound jumps on reports UK government will U-turn on cut to top tax rate

U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses. Rob Pinney | Getty Images News | Getty Images The cuts were poorly received by financial markets and a scrapping of the 45% tax paid on incomes over £150,000 ($166,770) was …

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Americans are suffering from financial burnout

A recession is a very real possibility. As the Federal Reserve aggressively raises rates to combat persistent inflation, the tough stance could come at a price. Already, falling stock markets have wiped out more than $9 trillion in wealth from U.S. households. Fed Chairman Jerome Powell also warned the central bank’s upcoming …

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Top Wall Street analysts see Alphabet as a buying opportunity

The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters With an ugly September in the rear-view mirror, it’s tempting for investors to make impulsive decisions. The three major indexes ended the month with sizeable losses, rocked by spiking bond …

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Pro-Russian groups are raising cryptocurrency to prop up military operations

Russian paramilitary groups are raising funds in cryptocurrency using messaging app Telegram, according to research published by TRM Labs. Matt Cardy | Getty Images News | Getty Images Pro-Russian groups are raising funds in cryptocurrency to prop up paramilitary operations and evade U.S. sanctions as the war with Ukraine wages …

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Here are the top 25 start-ups to work for in India

It’s also great to see young professionals embracing India’s startup ecosystem, with 56% of all hires in the top 25 startups being aged below 30. Nirajita Banerjee Managing editor, LinkedIn News India “Edtech has also made its mark in the list,” she said, naming companies like upGrad, GrowthSchool and Classplus. …

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Best cities for vegans and vegetarians in 2022

October 1 is World Vegetarian Day, and the ideal places to live if you practice a plant-based diet may be on the west coast. Wallethub’s Best Cities for Vegans and Vegetarians in 2022 ranked 100 of the largest U.S. cities based on three qualifying categories of equal weight: Affordability Diversity, …

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UK government bonds chaos should settle down following BOE action: APG

The market chaos caused by the sell-off in U.K. government bonds should settle down following this week’s emergency intervention by the Bank of England, said Ronald Wuijster, chief executive of APG Asset Management, one of the largest pension investors in the world. On Wednesday, the BOE stepped up to buy …

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There are no American F1 drivers. McLaren CEO thinks he knows why

Formula One is revving up for the Singapore Grand Prix this weekend with a stunning cast of racers, but none of them are from the United States — and McLaren’s CEO Zak Brown has a theory about that. “The talents are there, the resources are there. It’s really about when …

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