Manusapon Kasosod | Moment | Getty ImagesDub, a platform that allows retail traders to mimic the investments of notable people in business and government, debuted a service Thursday that pays select everyday investors to share their portfolios.Retail traders accepted into Dub's so-called top creator program will be paid royalties for...
Month: January 2025
Home insurance costs soaring as climate-related events surge, Treasury Department says
A firefighter douses flames during the Eaton fire in Pasadena, California on January 08, 2025. Josh Edelson | Afp | Getty ImagesClimate-related natural disasters are driving up insurance costs for homeowners in the most-affected regions, according to a Treasury Department report released Thursday.In a voluminous study covering 2018-22 and including some...
DOT sues Southwest, fines Frontier for ‘chronically delayed flights’
A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty ImagesThe Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights.The lawsuit...
Hindenburg Research founder says he’s closing short-seller research shop
Nate Anderson on January 6, 2023 in New York. Anderson exposes corporate fraud and ponzi schemes through his company Hindenburg Research.The Washington Post | The Washington Post | Getty ImagesHindenburg Research, an upstart research and investment firm that made a name for itself with several successful short bets, is closing,...
JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive
CEO of Chase Jamie Dimon looks on as he attends the seventh "Choose France Summit", aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024. Ludovic Marin | Via ReutersJPMorgan Chase executives said the bank would increase share buybacks so that a...