It's difficult to steal money from a trust outright, which is why we hear the phrases "embezzlement" or "misappropriation of funds" where a trustee diverts funds for their own use. That could involve ...

We are not close. After my father passed, she kicked us to the curb - not only financially but also emotionally and as a parent. Even though I was 20 when he died, I grew up in a family where we were ...

U.S. Stocks Amble to Fresh Records on Optimism for a September Rate Cut The S&P 500 and the Nasdaq composite both hit closing highs for a second straight session. When companies realized they needed ...

Dow Jones Top Company Headlines at 7 PM ET: Cisco Posts Higher Earnings, Revenue on AI Infrastructure Demand | Tesla ... The tech company reported earnings that beat estimates after AI infrastructure ...

Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...

Net profit for the three months ended June more than doubled to $505 million, beating the $337 million expected in a FactSet poll of analysts. Net profit in the first quarter of last year was $243.0 ...

Brazilian meatpacking conglomerate JBS logged higher profit and sales in its second quarter, marking its first report since its debut on the New York Stock Exchange.

SYDNEY--Telstra announced a fresh share buyback and lifted its dividend as the Australian telecommunications giant reported a stronger-than-expected 4.6% rise in annual earnings.

As of June 2024 (Morningstar’s most recent comprehensive analysis), about $17 billion of US-domiciled, US-equity-focused mutual funds’ assets were invested in private companies. That’s just 0.3% of ...

JBS USA agreed to buy a production facility in Iowa that it plans to expand into a ready-to-eat bacon and sausage plant. The planned facility in Ankeny would be the largest of its kind in JBS's U.S.

I am retired and not wealthy. I am a senior citizen who has experienced mass layoffs, recessions and health issues, and there was no such thing as inheritance in my family. I have to be careful about ...

I fall on my sword, even if it's a blunt one. Living on $1,000, with no mortgage/rent to worry about like that mother-in-law, would still be difficult. In addition to her $1,300 Social Security, she's ...