MacKenzie Scott gifted a pair of mansions to the California Community Foundation, which intends to sell the homes—and invest the proceeds in housing nonprofits.
Category: Finance News
Billionaire Jim Koch gave up a six-figure job to launch Sam Adams: ‘If you’d rather be rich than happy, you’re a sociopath’
Today, Jim Koch’s Boston Beer Company pulls in $2 billion in revenue each year. But, in 1984, he took a big risk to launch what was then a small-scale brewery.
Ferrari just revealed its first-ever 4-door sports car, a high-riding and powerful coupe called the Purosangue
Ferrari’s new Purosangue is an SUV-like sports model, with four doors and a powerful V-12 egnine.
No end in sight for Wall Street deals slump as JPMorgan says advisory revenue plunges 50%
Wall Street is grappling with steep declines in capital markets activity as IPOs slowed to a crawl and the pace of acquisitions fell.
Stocks making the biggest moves midday: Rent the Runway, Meta, Oatly, Adobe & more
These are the stocks posting the largest moves in midday trading.
Inflation isn’t just about fuel costs anymore, as price increases broaden across the economy
Rather than fuel, it was food, shelter and medical services that drove costs higher in August, slapping a costly tax on those least able to afford it.
Inflation is still rising, but it’s less likely to hurt some retirees — here’s why
Annual inflation grew by 8.3% in August, but retirees won’t feel the sting of most higher costs, experts say.
From inflation to war, here are the 4 big factors impacting markets and the economy right now
Advisors at the Future Proof wealth conference in California this week offered their takes on four factors influencing the economy and markets of late.
Inflation rose 0.1% in August even with sharp drop in gas prices
The consumer price index for August was expected to decrease 0.1% from the previous month and increase 8% from a year ago, according to Dow Jones.
Stocks making the biggest moves premarket: Rent the Runway, Oracle, Wolfspeed and more
These are the stocks posting the largest moves in premarket trading.