Kevin O’Leary is bullish on the future of NFTs, or nonfungible tokens. “I haven’t bought any yet. I’m waiting to see when the volatility of the pricing changes,” O’Leary, chairman of O’Shares ETFs, told CNBC Make It in April. But “this has legs. It’s going to work.” NFTs are unique digital assets that are represented
Month: May 2021
In this article DPZ Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge fund manager Bill Ackman said his Pershing Square built a 6% stake in Domino’s Pizza, swapping out its Starbucks bet. Ackman revealed his hedge fund sold Starbucks after the coffee chain’s swift rebound from the
President Joe Biden makes remarks on the economy and the Colonial Pipeline network cyber attack on May 10, 2021 in the East Room of the White House in Washington, DC. Nicholas Kamm | AFP | Getty Images President Joe Biden‘s plan to tax the wealthy may trigger a shift in charitable giving strategies. The administration
Why is it hard to stop inflation? Because it creates so many winners. Down in Washington they’re printing money like ink is going out of style. Possible consequence: People spend the money, bidding up the prices of cars, lumber and semiconductors. We might get high inflation, high being something more than the target rate of
Amit Haller is the Co-Founder & CEO of Reali, a high-tech, high-touch real estate company founded in 2016. When homebuyers make the largest financial decision of their lives, they want the best options that take the pain out of the real estate process. They’re ready to focus on the details that matter most to them —
As recounted on Twitter and the Illinois politics website Capitol Fax, Chicago’s Mayor Lori Lightfoot had some strong words on pensions at last week’s investor conference: “We’ve really struggled to get Springfield to pay attention to pensions. . . The problem is not going away, it’s only going to intensify. At some point it’s my
A Covid-19 coronavirus patient rests inside a banquet hall temporarily converted into a Covid care centre in New Delhi on May 10, 2021. Arun Sankar | AFP | Getty Images India’s daily Covid-19 death toll hit another record high on Wednesday, as the World Health Organization said the country accounted for half the total reported
In this article OPEN FUBO EA The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell on Tuesday: Electronic Arts —
Luis Alvarez | DigitalVision | Getty Images The April jobs report has ignited controversy over what some see as competing interests: unemployment benefits and returning to work. But there’s a way to get both — including the extra $300 a week. “The $300 is what will attract people back to work,” Susan Houseman, research director
Today’s column addresses questions about whether Social Security spousal benefits might be available before their spouse takes their retirement benefits, why spousal benefits were terminated after filing for retirement benefits and how to determine when to file for maximum benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Generations of notable owners have shaped this Australian property. It’s been an ideal place for a champion sculler turned boat builder to call home. And a landscape designer. And a publishing company executive. The estate, where Sydney’s Colo River flows into the Hawkesbury River, dates to 1890 and was once owned by Peter Kemp. The
You probably didn’t go to a live concert in 2020. The majority of festivals, fairs and sporting events were canceled across the globe in 2020 to help stop the spread of the coronavirus. Alex and Kelsey Carroll’s company, Toss Up Events, designed and operated unique fan experiences at major sporting events across the country. Cancellations
The signs of slipping can be very subtle at first. Mom forgets an appointment. Dad can’t remember how to get somewhere he’s been a zillion times. Your aging parent is just starting to seem a little off, a little more forgetful and it’s happening enough for you to notice. Should you do something or is
In this article JCOM J2 Global CEO Vivek Shah told CNBC on Tuesday the company is looking to spinoff its cloud fax service as management looks to unlock value in both businesses. The Los Angeles-based digital media company in April announced the separation plan, which would create a new publicly traded company called Consensus. “I
U.S. stock futures were little changed in overnight trading on Tuesday after the Dow’s worst day since February. Dow futures fell 30 points. S&P 500 futures dropped 0.12% and Nasdaq 100 futures slipped 0.14%. On Tuesday, technology stocks fell but eventually recovered, spurring selling in the broader market. The Dow Jones Industrial Average lost 473
Justin Mackey, his wife, Cassie, and their three young children: Camdyn, 14, Connor, 7, and Charlie, 3. While Justin Mackey worked to rebuild his locksmith business, the 38-year-old was relying on getting a $420-a-week unemployment check for another four months. That money was a fraction of what he brought home before the pandemic shut down
Jonathan Curry of Tax Notes recaps the tax provisions of President Biden’s American Families Plan and discusses with Dean Zerbe of Alliantgroup LP the finer details and its likelihood of passing Congress. This post has been edited for length and clarity. David Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week:
You might not be able to pronounce Iceland’s newest erupting volcano at Fagradalsfjall, but you could potentially own a chunk of it. According to Icelandic media reports, the area of the eruption on the Reykjanes peninsula west of the capital Reykjavik is on private land owned by a landowners association of about 20 individuals. The
Thomas Barwick | DigitalVision | Getty Images Women entrepreneurs have long gotten a small slice of the venture-capital funding pie. Female VC leaders are trying to change that. In fact, opportunities abound for “wontrepreneurs,” said Julie Sandler, managing director at startup studio and venture capital fund Pioneer Square Labs, based in Seattle. She spends most
The Senior living industry needs to wake up and understand that Baby Boomers just don’t want what their parents and grandparents were offered. No matter how fancy the furniture, how many lakes and golf courses they install on the property, and how large the gym and swimming pool are, baby boomers want an entirely different
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