Month: September 2020

Different generations, no matter how old or young, are all very different, and that’s part of life’s excitement. But the core teachings about success remain largely the same. I have two sons, a daughter and several grandchildren. And I don’t plan to retire anytime soon. In fact, I’m still running the same billion-dollar money management firm I’ve
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A customer carries a to-go bag outside a Darden Restaurants Inc. Olive Garden restaurant in Clarksville, Indiana, U.S., on Thursday, March 5, 2020. Luke Sharrett | Bloomberg | Getty Images Darden Restaurants on Thursday reported that its revenue fell by more than 28% in its fiscal first quarter as the company’s business slowly recovers from
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Stitch Fix shares dropped by more than 14% in after-hours trading Tuesday as the company reported steep losses for the fiscal fourth quarter. Here’s how the company did during its fiscal fourth quarter ended Aug. 1 compared with Refinitiv estimates: Loss per share: 44 cents vs. 16 cents per share, expected Revenue: $443.4 million vs. $414.9
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There have been almost 200,000 deaths in the United States due to the coronavirus pandemic. And now, wildfires raging across the Western seaboard have killed dozens, burned over 3.6 million acres of land and over 6,400 structures. Residents have been cooped up inside to avoid polluted air. This is a crisis that even the titans of technology and innovation say
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Democratic U.S. presidential nominee and former Vice President Joe Biden delivers remarks regarding the Supreme Court at the National Constitution Center in Philadelphia, Pennsylvania, U.S., September 20, 2020. Mark Makela | Reuters Democratic presidential nominee Joe Biden’s plan to increase the capital gains tax could lead to a large-scale sell-off of stocks, according to economic
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The RealReal exterior Soruce: CNBC No matter what it’s called — resale, re-commerce, luxury consignment or pre-loved — the market for secondhand fashion was booming before the Covid-19 pandemic upended the lives, and financial security, of millions of people. All those clothes in your closet? The ones you haven’t worn in years, but just can’t
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Microsoft co-founder Bill Gates has had the opportunity to meet and work alongside major tech giants, including late Apple co-founder, Steve Jobs. In an interview with Bloomberg, Gates was asked whether his contemporary Elon Musk could be considered the “next Steve Jobs,” due to the advancements his companies Tesla and SpaceX have made in electric
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With America’s large wealth gap and the United States government’s need for revenue, new taxes need to be implemented to raise more money from the rich — and the way to do that is with a wealth tax, economists Joseph E. Stiglitz and Thomas Piketty said Thursday. “Where we are today in the 21st century,
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One of the largest and most complete Tyrannosaurus rex fossils ever unearthed is coming up for auction and could fetch between $6 million and $8 million. The 67-million-year-old specimen, named Stan, will be auctioned off by Christie’s on Oct. 6 and will be on display in the windows of Christie’s Rockefeller Center starting Wednesday. Christie’s
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Before Mark Cuban became a billionaire, he spent his 20s struggling to make ends meet – Cuban frequently came home to his lights turned off, he had his credit cards cut and he worked a number of odd jobs to stay afloat. It wasn’t until Cuban sold his start-up, MicroSolutions, for $6 million in 1990 that
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