Month: December 2018

  If you’re planning to make New Year’s resolutions for 2019, there’s a good chance at least one of them will be related to your finances. Money management issues like big credit card bills or a small savings account balance may be more top of mind on a day-to-day basis, but the beginning of a
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The vote for “Brexit” in 2016, a surge of support for UK’s Labour and Jeremy Corbyn in 2017 plus the victory of “The League” and “Five Star Movement” in Italy during 2018 are not the high watermark of European populism. A demonstrator wearing a yellow vests (Gilets jaune) speaks to gendarmerie security forces during protests
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By loading the video, you agree to YouTube's privacy policy.Learn more Load video Always unblock YouTube A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses how he invests in market cycles and the mentality of a successful investor. Howard also talks about starting a Hedge
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While many New Yorkers are dreading the day Amazon moves into its new “headquarters” in the Long Island City neighborhood of Queens and crowds the subway with 25,000 new workers, there’s one group of people welcoming the company with open arms: Executives at other tech firms. It may seem counter-intuitive that smaller tech companies are
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The Wall Street Journal reports Apple has lost nearly $9 billion this year buying back its own stock. Apple is one of those buyback monsters that has spent significant money to buy back their stock, not just this year but since 2013 Apple’s share count has declined from 6.5 billion shares to 4.5 billion —
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The brick houses of Acorn Street in Boston, Massachusetts, are trimmed with brownstone.Getty Not everyone loves it. Author Edith Wharton called it “the most hideous stone.” New York’s Buildings Department once heard the complaint that it was “as if New York City were covered in cold chocolate.”Vincent Scully, professor emeritus of the history of art at
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The biggest problem for the global economy in 2019 won’t be the trade war between America and China. It will be massive business failures. Perhaps bank failures, too. The US-China trade war was the big problem in 2018, raising fears of de-globalization and the descent of the global economy into a collection of highly protected national markets. But financial
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Paying taxes is rarely something you look forward to. It is perfectly legal to arrange your affairs to pay as little as possible. But if you think that paying taxes can’t get any worse, you would be wrong. The least satisfying of all taxes would be paying taxes that are not even yours. That might be how some people
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Share to facebook Share to twitter Share to linkedin The living room fireplace is surrounded by a slab of white marble.Andrew Bramasco Billionaire Mark Cuban bought a $19 million beach house on the Southern California coast a few days before Christmas. The home has six bedrooms, nine bathrooms, a media room, a library, a wine cellar, a
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Department store chain Sears won a reprieve from liquidating Friday after its chairman, Eddie Lampert, submitted a $4.4 billion bid in an effort to buy the retailer and keep it alive. Lampert’s hedge fund, ESL Investments, put forward the tentative proposal for the parent of Kmart and Sears earlier this month, with his formal submission
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The past two weeks on Wall Street have been wild, and not in a good way. During that time, the major U.S. stock indexes have suffered losses that put them on track for their worst December performance since the Great Depression. Investors have also been gripped by volatile swings in the market as they grapple
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