Pop superstar Michael Jackson’s debts and creditor claims were more than $500 million at the time of his death in 2009, according to court documents filed by his estate, which detail his financial struggles toward the end of his life.According to a lawsuit filed this month in Los Angeles County Superior Court, Jackson owes tour promoter AEG about $40 million. People magazine reported earlierAfter the singer’s death, 65 creditors filed claims against him, some of which ended up in lawsuits, and some of his debts “earned interest at extremely high rates,” according to the lawsuit.Representatives for the Jackson estate, which…
Author: finvestadmin
The US Dollar has returned to a familiar range, but how will this impact your favorite currency pair next week? Get today’s detailed analysis including key levels and targets for DXY, EURUSD, GBPUSD, USDCAD, XAUUSD. US Dollar Index (DXY) Forecast DXY continues to rise after recovering to 105.50. Despite a relatively choppy rally, the outlook for the US Dollar remains broadly bullish following a fake-out below channel support in early June. Given how the DXY is trading, a retest of the 106.50 resistance seems possible, but this may not happen until early next week, when it may pull back slightly.…
The Hawaii Department of Commerce and Consumer Affairs, in collaboration with the Hawaii Technology Development Authority, is urging citizens to be aware of the risks of investing in cryptocurrencies as the Digital Currency Innovation Lab closes this weekend. A poster with advice and tips on how to avoid cryptocurrency scams (provided by the Hawaii Department of Commerce, Division of Consumer Affairs, Financial Institutions Division) The Digital Currency Innovation Lab (DCIL) will conclude on Sunday, June 30. The project was launched in 2020 with an aim to “examine the status of digital currency activities in the state and assess the regulatory…
House Republican leaders are calling for a government watchdog to investigate ACA health insurance enrollment, citing reports that insurance brokers may have fraudulently enrolled customers in some ACA health plans, allowing millions of Americans to unfairly benefit from federal insurance subsidies.The House Energy and Commerce, Ways and Means and Judiciary committees met on Friday. Government Accountability Office And that Inspector General of the Department of Health and Human Services University officials have launched an investigation into possible “alarming levels” of admissions fraud, according to a letter provided to The Washington Post.”The scale of the problem suggests bad faith,” Reps. Cathy…
Zoomtown faces potential bankruptcy, and experts say the housing market may be overvalued by as much as 40%.Cities such as Austin, Texas, and Jacksonville, Florida, have seen residential real estate markets that have seen prices soar over the past four years but could collapse, Nick Gerli, CEO of Reventure Consulting, said in an interview. CNBC. “Towns that have boomed during the pandemic have become incredibly expensive over the last couple of years,” he said. “Some are overvalued by 20, 30, even 40 percent.”Gerli, of real estate data firm Reventure, said Texas, Florida, Tennessee and Arizona markets are seeing rising inventory,…
According to data provided to CNBC Make It by Fidelity Investments, the largest 401(k) provider in the US, the median 401(k) account balance for Gen Xers, defined as people born between 1965 and 1980, will be $54,500 as of the first quarter of 2024.But that’s far from this generation’s retirement savings goal: On average, Gen Xers believe they need about $1.56 million to retire comfortably, according to a Northwestern Mutual survey. 2024 Plans and Progress study.Several factors are preventing Gen Xers from saving more for retirement.First, many people started saving later than younger generations: On average, Gen Xers started saving…
FTSE 100 Index bounces off support level at 8140.00 A rise to the resistance at 8,300.00 is likely The FTSE 100 Index has recently reversed course upwards from the key support level of 8140.00 (where the previous Correction A at the end of May was also halted). The support level at 8140.00 was further strengthened by the lower daily Bollinger band and the 50% Fibonacci correction of the upward impulse from April. Given the clear daily uptrend, the FTSE 100 Index is expected to rise further towards the next resistance level of 8300.00, where it has been…
Investing.com — Most Asian stocks rose on Thursday as the technology sector tracked an overnight rally on Wall Street, though overall gains were limited after the Federal Reserve lowered its outlook for interest rate cuts. Japanese stocks lagged their peers as the market awaits a Bank of Japan meeting where the central bank is widely expected to tighten policy further. Regional markets received positive news from Wall Street, where stocks hit record highs on Wednesday as artificial intelligence (AI)-related tech stocks rallied, and weak inflation data also helped. But non-tech sectors were more moderately moved, especially after the Fed warned…
CME Group has a long history of operating world-class agricultural derivatives markets, including global benchmark commodities such as the CBOT wheat, soybean and corn markets. CME Group also offers fertilizer futures and options contracts.ii It covers the major geographic pricing points for urea, including the US, Egypt, the Middle East and Brazil. Besides urea, contracts are also available for the di-ammonium phosphate (DAP), mono-ammonium phosphate (MAP) and urea ammonium nitrate (UAN) markets. However, there are two key differences between fertilizer and the flagship CBOT contracts: First, CME Group fertilizer futures and options typically trade as block trades in larger contract…
Social Security benefits are vital for people who need financial assistance. Unfortunately, benefits are not guaranteed. Some funding sources may eventually dry upStudies show that an average of 70,000 Social Security recipients have their benefits cancelled each year. NPR report from June 8th. Whether you receive Social Security, Social Security Disability Insurance, or Supplemental Security Income, certain events could cause you to lose your monthly benefits, some of which are beyond your control. There are times, such as when your income increases, when losing benefits would be worth it to get the extra income. The type of benefit you receive…