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What’s A 401(k) Loan or Hardship Withdrawal? What You Need To Know

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. While we earn commissions from many affiliate partners, not all Select offers are affiliate-only. Life can throw unexpected, expensive and difficult circumstances your way. You start to wonder how you will pay. You should be able […]

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Inflation is rising, but fans are paying for NBA, NFL, other sports tickets

Humans are changing their spending habitsAs prices rise to levels not seen for four decades making choices that favor experiences. This means that live sports are in high demand. Dennis Coates of University of Maryland Baltimore County said that the price of sports tickets is not always responsive to changing prices. “Good times, bad times, […]

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Top picks to buy the dip in an undervalued market

Morningstar’ s David Sekera thinks the market sell-off is looking overdone — and reveals the tech stocks he thinks are attractive right now, as well as his picks to ride the return of consumer spending. The market has been beating tech stocks for many years. However, this year’s sell-off was triggered by fears of Federal […]

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5 things to know before the stock market opens Tuesday, May 17

These are the top news, trends, and analyses that traders need in order to get started with trading. 1. Two Dow Stocks move in opposing directions, causing stock futures to jump Traders at the NYSE floor, May 16-2022 Source: NYSE U.S. stock futuresThe rally was held Tuesday with the S&P 500The NasdaqSet to increase approximately […]

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Warren Buffett’s Berkshire made a $3 billion bet on Citigroup. Here are his other picks

According to regulatory filings, Warren Buffett’s Berkshire Hathaway made some changes in its equity portfolio during the first quarter. This included adding a large stake in Citigroup. According to the filing, more than 55,000,000 shares were purchased by the conglomerate in order to create a $2.95 trillion stake. The long-term value investor also bought Ally […]

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Heavily shorted online used car seller Carvana surges 30%, is halted several times

A Carvana used automobile “merchandising machine” on Could 11, 2022 in Miami, Florida. Joe Raedle | Getty Photographs Shares of on-line used automobile retailer Carvana surged Thursday amid a wild buying and selling session during which a number of heavily-shorted shares popped. The inventory was up about 30% round 11:40 a.m. ET. Buying and selling […]

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GM shares hit new 52-week low following Wells Fargo downgrade

Mary Barra is the Chairperson and CEO at General Motors Company (GM) during the Milken Institute Global Conference held in Beverly Hills on May 2, 20,22. Getty Images| AFP | Getty Images DETROIT — Shares of General MotorsOn Thursday, the stock hit an all-time low of 52 weeks and opened at the lowest price they […]

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Chegg, Expedia, BP and more

James Tahaney loads textbooks onto a box in preparation to ship at the Chegg warehouse Shepherdsville, Kentucky. April 29, 2010. Getty Images| Bloomberg | Getty Images These are the headline-grabbing companies in midday trading. Paramount Global – Shares fell 1.7% after the entertainment giant reported first-quarter revenue below expectations. StreetAccount’s consensus was $7.39 trillion. The […]