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In this article OMEG A set of SkySat satellites before a launch. Planet Satellite imagery and data specialist Planet Labs is preparing to go public, announcing on Wednesday that it will merge with a SPAC to list on the New York Stock Exchange. Planet Labs is combining with special purpose acquisition company dMY Technology Group

The phrase “beating the market” means earning an investment return that exceeds the performance of the Standard & Poor’s 500 index. Commonly called the S&P 500, it’s one of the most popular benchmarks of the overall U.S. stock market performance. Everybody tries to do beat it, but few succeed. The Barriers Investment fees are one

U.S. Senator Elizabeth Warren (D-MA) questions Charles P. Rettig, commissioner of the Internal Revenue Service, during the Senate Finance Committee hearing titled The IRS Fiscal Year 2022 Budget, in Dirksen Senate Office Building in Washington, D.C., June 8, 2021. Tom Williams | Pool | Reuters Wells Fargo‘s decision to pull customers’ credit lines was lambasted

A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020. Peter Foley | Bloomberg | Getty Images Wells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has learned. The bank is shutting down all existing

Despite popular belief, financial advisors are not just for the rich and famous. Many individuals forgo the use of a financial advisor because they are deterred by the extra cost. It is easy to justify forgoing a financial advisor because you cannot afford it, but the real question you need to ask yourself is, “Can

Jeremy Allaire, Co-Founder and CEO, Circle  David A. Grogan | CNBC Payments and digital currency firm Circle plans to go public later this year through a merger with special purpose acquisition company Concord Acquisition Corp. The deal, which Circle announced on Thursday, is expected to close in the fourth quarter and would value the company

Hedge fund founder Anthony Scaramucci told CNBC on Wednesday that the Chinese government’s crackdown on Didi Global, just days after the ride-hailing giant went public in the U.S., is “a direct assault on global capitalism.” “The bad news for the Chinese and the United States now is, if you’re a capital allocator in the United

Amazon.com Inc. (AMZN), the world’s largest online retailer, has grown rapidly in a broad range of businesses including its core e-commerce operations, cloud services, and digital advertising. It also sells products such as the Alexa personal assistant and ecosystem, Kindle e-reader, Fire TV, and movies and television shows through its Amazon Prime Video platform. Amazon’s

Olena Ruban | Moment | Getty Images Cannabis industry investors have been treated to a series of legislative catalysts over the last three years that have moved equity valuations.  Notable moments include Canada’s federal adult-use implementation, the election of President Joe Biden, and the Georgia Senate run-off in January. Additionally, the state-by-state legalization movement is

In this article CFV A satellite image of the stuck container ship Ever Given in Egypt’s Suez Canal, taken on March 25, 2021. Satellogic Satellite Earth imagery specialist Satellogic is preparing to go public, announcing on Tuesday that it will be the latest in a string of space companies merging with SPACs. Satellogic is merging

Business analysts, also known as management analysts, work for all kinds of businesses, nonprofit organizations, and government agencies. While job functions can vary depending on the position, the work of business analysts involves studying business processes and operating procedures in search of ways to improve an organization’s operational efficiency and achieve better performance. Business analysts

In this article WB DIDI TME The Didi ride-hailing app on a smartphone arranged in Beijing, China, on Monday, July 5, 2021. Yan Cong | Bloomberg | Getty Images The U.S.-traded shares of prominent Chinese companies were under pressure on Tuesday after the Asian country’s officials launched a cybersecurity review of Didi, fueling concerns about

In this article DSX EGLE GNK GOGL SBLK 316-HK 1919-SZ Aerial view of shipping containers sitting stacked at Shenzhen Yantian Port on February 27, 2021 in Shenzhen, Guangdong Province of China. Xie Feng | Getty Images Skyrocketing shipping prices, exacerbated by limited vessel supply, could bode well for some of analysts’ favorite shipping stocks. Global

A personal loan can affect your credit score in a number of ways⁠—both good and bad. Taking out a personal loan is not bad for your credit score in and of itself. However, it may affect your overall score for the short term and make it more difficult for you to obtain additional credit before

Countries like Iran, Venezuela, and El Salvador have all faced protracted and difficult crises, with sharp increases in inflation and the cost of living. Now, some people in these nations are turning to cryptocurrencies as a means of exchange and as a store of value. This has led some analysts to predict that bitcoin and

Mary Erdoes Adam Galica | CNBC JPMorgan Chase wants to take the sustainable-investing trend to the next level. To do that, the biggest U.S. bank by assets has agreed to buy OpenInvest, a San Francisco-based start-up backed by Andreessen Horowitz and founded by former Bridgewater Associates employees, CNBC has learned exclusively. It’s the third acquisition

The concept behind the value investing philosophy is simple: investors can realize tremendous gains by purchasing securities that trade well below their intrinsic value. In his books Security Analysis (1934) and The Intelligent Investor, (1949) Benjamin Graham—the godfather of value investing—explained to investors that, “a stock is not just a ticker symbol or an electronic

Sir Richard Branson may be trying to be first in the billionaire space race, but he believes there is plenty of opportunity in the market for companies like Virgin Galactic, Jeff Bezos’ Blue Origin, or Elon Musk’s SpaceX. “There’s room for 20 space companies to take people up there,” Branson said in an interview this

Before Warren Buffett and Charlie Munger became known as iconic business partners, steering the Berkshire Hathaway empire, they were just two guys from Omaha, Nebraska, who, apparently, were a lot a like. They discovered that thanks to a well-known doctor in town, Dr. Edwin Davis, who told Buffett in a 1957 meeting he trusted him

What Does the Department of Housing and Urban Development (HUD) Do? The purpose of the U.S. Department of Housing and Urban Development (HUD) is to provide housing and community development assistance and to make sure everyone has access to “fair and equal” housing. To achieve these goals, HUD runs or participates in many programs intended