Fed governor Cook declared second residence as ‘vacation home,’ countering Trump’s claims

Federal Reserve governor Lisa Cook reportedly declared a condo she purchased in 2021 as a “vacation” and “second” home in loan filings and other documents — potentially undermining the Trump administration’s claims that she engaged in mortgage fraud, which the president used as grounds to fire Cook from the Fed’s board. #Fed #governor #Cook #declared … Read more

Is it time to consider taking advantage of this FTSE 250 retailer’s accounting blunder?

Image source: Getty Images The WH Smith (LSE:SMWH) share price crashed 42% on 21 August after the FTSE 250 retailer announced that it had uncovered a bit of a problem in its North America division. Its accountants were recognising supplier rebates and discounts before they had been earned. The upshot is that the trading profit … Read more

I just bought this beaten-down share for my SIPP. Could it be a terrific bargain?

Image source: Britvic (copyright Evan Doherty) Billionaire investor Warren Buffett came to my mind this week. His approach of being fearful when others are greedy and greedy when others are fearful was specifically what I thought about, as I added a share back into my Self-Invested Personal Pension (SIPP) after selling it years ago. That … Read more