Someone has come forward with the winning ticket for the $536 million Mega Millions jackpot drawn this month, Indiana lottery officials said Thursday, but no details have emerged about the winner. Hoosier Lottery spokesman Dennis Rosebrough said a “winner’s representative” will attend a news conference Friday about the jackpot. He… Read More
This WSJ Advice Will Clean Out Your Bank Account
By Michael Lewitt Editor, Sure Money Money Map Press Writing a column is a privilege. It is especially a privilege when it is a column in a distinguished publication like The Wall Street Journal. As such, it should be treated with respect. And more important, its readers should be treated with… Read More
End of an era as Verizon buys Yahoo
Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet. The sale announced Monday marks the second time in two years that Verizon has snapped up the remains of a fallen internet star as it broadens its digital reach…. Read More
My 1990s Brush with Bernie Madoff Revealed A Deadly Secret
By Michael Lewitt Editor, Sure Money Money Map Press In 1998, my firm visited with a prominent money manager in New York City. At the time, we were trying to raise money to invest in less‐than‐investment‐grade corporate debt. We attended the meeting and, to put it politely, we were given… Read More
Nintendo stock price DOUBLES from “Pokemon Go”
For Nintendo, “Pokemon Go” just keeps on giving. Shares in the Japanese game maker closed up 14 percent at 31,700 yen ($300) in heavy trading Tuesday on the Tokyo Stock exchange, more than twice where they stood when the wildly popular augmented-reality game was launched on July 6. Nintendo accounted… Read More
Illinois’s massive deficit proves conservatives right
A spokeswoman for Gov. Bruce Rauner says a report that Illinois will build up an $8 billion spending deficit this year shows that the Republican’s agenda for changing the state’s business climate is necessary. The legislative Commission on Government Forecasting and Accountability issued a report, first provided to The Associated… Read More
The #1 Financial Problem Our Next President Needs to Fix
By Michael Lewitt Editor, Sure Money Money Map Press Whatever the outcome in November, our new president will be saddled with a tremendous economic mess. The U.S. is drowning in debt. Entitlement spending is about to explode, including the costs of ObamaCare that were conveniently delayed until its namesake left office. … Read More
Stock market jumps to record high
The stock market reached another milestone Tuesday as the Dow Jones industrial average closed at a record high. A day earlier, the broader Standard & Poor’s 500, a widely used benchmark for index funds, also reached a record-high close. Both indexes beat peaks set in May 2015. On Tuesday: The… Read More
The world’s highest paid celebrity is…
There’s no “Blank Space” in Taylor Swift’s bank account. The singer-songwriter tops Forbes’ annual list of the 100 highest-paid celebrities with $170 million. Swift is ahead of fellow chart-topping pop stars Adele at No. 9 with $80.5 million, Madonna at No. 12 with $76.5 million, Rihanna at No. 13 with… Read More
US economy adds strong job growth
Finally, some good news. It has been a sluggish year for the U.S. economy, but data released Friday shows employers have finally shaken off two months of weak hiring by adding 287,000 jobs in June, a robust pace that suggests a resilient U.S. economy recovering from a slump early in… Read More
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