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Salomon Brothers retiree betrayed in $10 million scheme

For seven years, Catalina Corona held one of the most important roles in a wealthy couple’s household, managing their bills, booking their travel, and keeping their daily lives on schedule. She was their personal assistant, the person they trusted with access to their bank accounts, checkbooks, and personal routines.  What Richard and Priscilla Schmeelk did […]

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GameStop’s latest launch caught everyone by surprise

GameStop is launching a new digital trading card platform on Wednesday, April 15th, and investors are watching closely to see whether it could become a new growth driver. The company’s new Power Packs platform combines digital purchases with real PSA-graded physical cards, giving GameStop a new way to tap into the booming collectibles market. Here’s

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The Duty of Fee Reasonableness

Broadcast Retirement Network’s Jeffrey Snyder discusses how to benchmark retirement plan fees and expenses with Fiduciary Decisions’ Tom Kmak. Jeffrey Snyder, Broadcast Retirement Network Joining me now is Tom Kmak. He is the Chief Executive Officer for Fiduciary Decisions. Tom, it’s always great to see you. Thanks for joining us on the program this morning.

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Cathie Wood’s Ark keeps selling one stock once again

Cathie Wood, head of Ark Investment Management, is known for making bold, conviction-driven bets, but she’s just as quick to trim positions when the strategy shifts. That pattern is playing out again this week. ARK Investment Management has continued selling shares of Strata Critical Medical (NASDAQ: SRTA), extending a multi-day streak of consistent reductions. On

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Morgan Stanley grills BlackRock CIO on his worst bets

Rick Rieder has spent 17 years at BlackRock building one of the most respected fixed-income track records in all of finance. He oversees roughly $2.7 trillion in assets, chairs BlackRock’s firm-wide Investment Council, and earned Morningstar’s Outstanding Portfolio Manager award in 2023, according to Morningstar. None of that protected him from investments that went sideways

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