Attention, Kmart shoppers: On October 20, the last full-size Kmart location in the continental US, a store in Bridgehampton, New York, will close its doors. That leaves alone a smaller Kmart in Miami and three stores in the U.S. Virgin Islands as the only remaining locations — a far cry from the more than 2,300…
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Stifel and Invesco will pay $35 million each to settle SEC allegations that the firms failed to properly keep electronic communications outside the proxy channel. In addition, nine other firms filed similar charges in the latest round of affected firms. The total penalties among the eleven firms are $88 million. Related: SEC charges 26 firms…
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Although 83% of American adults said that parents are most responsible for teaching their children about money31% of American parents never talk to their children about this topic, according to a survey from CNBC and Acorns. Last week, the topic came up at Northwestern Mutual A better way to money podcast, which featured the social…
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Mercer Global Advisors, one of the nation's largest and fastest-growing registered investment advisors with $63 billion in client assets, has hired Elizabeth Hioe as its new chief people officer. She replaces Martine Lellis, Mercer's former chief talent officer, who was promoted in May to the principle of M&A partner development. At Mercer, Hioe will be…
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Opinions expressed by Entrepreneur contributors are their own. Yesterday, I was smart – I thought I could handle everything myself. Every single thing, every little issue, every outburst that needed to be quelled. I spent several hours doing mundane tasks, thinking that this is what keeps everything in order. I was the core of my…
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RIA custodian Altruist has launched fully digital fixed income trading for advisors. Calling it the Fixed Income Mall, Altruist partnered with startup Moment as its infrastructure partner. Related: Altruist launches money platform Among the features of the new trading center is what Altruist calls a modern controller, increased data transparency and a “click to trade”…
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Opinions expressed by Entrepreneur contributors are their own. like the 2024 elections is getting closer, many voters are wondering how those different results will affect them financially. A big question is how the outcome of the presidential election might affect interest rates. In July, the Federal Reserve chose to hold the federal funds rate steady…
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Mercer Global Advisors, one of the nation's largest and fastest-growing registered investment advisors with $63 billion in client assets, has hired Elizabeth Hioe as its new chief people officer. She replaces Martine Lellis, Mercer's former chief talent officer, who was promoted in May to the principle of M&A partner development. At Mercer, Hioe will be…
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It is clear that Sam AltmanThe 39-year-old co-founder of Creator of ChatGPT OpenAIis looking ahead he was fired (and was quickly rehired) almost a year ago by the company he co-founded after the board accused him of not being “consistently honest.” In one Tuesday's podcast episode of Life in Seven Songs from the San Francisco…
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(Bloomberg) — Buyers and sellers of U.S. commercial real estate are increasingly convinced that the beleaguered market is coming to an end. But the big question remains: at what price will the offices, apartments and other blighted properties actually change? Related: Commercial real estate is poised to benefit from rate cuts There are many signs…
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