The economy isn’t the only concern billionaire Ray Dalio has on his mind lately. Like many others, he’s also anxious about climate change. “It worries me. It’s almost like I worry for man,” Dalio tells CNBC Make It. Dalio, 72, stepped down as co-CEO of hedge fund Bridgewater Associates in 2017. Since then, the billionaire’s ventures have
Month: October 2021
Monty Rakusen | Image Source | Getty Images Company: Huntsman Corp. (HUN) Business: Huntsman Corp. is a global manufacturer of differentiated organic chemical products. The company operates in four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Performance Products segment manufactures amines and maleic anhydrides, including ethylene oxide, propylene oxide, glycols, ethylene dichloride,
FatCamera | E+ | Getty Images A sweeping new legislative proposal on Capitol Hill could give Congress a rare opportunity to address an issue that has long been on the backburner – paid family leave. Today, only some workers have access to paid time off to care for their loved ones or their own medical
I was a caregiver for my dad. It was extremely rewarding. And incredibly difficult. It was, in fact, the hardest thing I ever have done. Many family care partners pay a high physical, emotional, and financial price for what they do. Now, as Congress is debating major policy changes aimed at making the lives of
Properties priced at around $5 million tend to have extraordinary features, including high-end design and stunning views. This collection of properties has all that, plus some unique features that make them stand out. An English manor in L.A. Location: San Marino, California Price: $5.245 million Elegant proportions and brick siding lend an English manor-like quality to
Amazon’s new delivery van Amazon Rivian Automotive, a company developing electric vehicles, including commercial delivery vans for Amazon, filed for an initial public offering on Friday. The company aims to trade on the Nasdaq under the ticker symbol “RIVN.” Its paperwork shows a $994 million net loss on zero revenue in the first six months
In this article GOOGL The logo for Google Pay displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images At least one tech giant has decided it’s better to serve banks rather than taking them head on. Google is shuttering its bank account product nearly two years after announcing ambitious plans to take
At Berkshire Hathaway’s annual shareholders meeting in 2011, billionaire investor Warren Buffett was asked what he thought about the contentious negotiations happening in Congress over whether or not to raise the debt ceiling. His response: failing to raise the debt ceiling would be a massive mistake. “It would probably be the most asinine act that
Photo by Mike Kline (notkalvin) | Moment | Getty Images Life insurance planning for wealthy Americans may be upended by a proposal in Democrats’ tax reform package. The House Ways and Means Committee passed measures on Sept. 15 that would raise an estimated $2.1 trillion in taxes from corporations and the rich, to help finance
By Kerry Hannon, Next Avenue In April, after 17 years at Fidelity Investments, personal finance editor David Conti, 61, opted for an early retirement buyout package. Conti, who lives in Hampton Falls, N.H. and is now a retirement editorial marketing consultant and freelancer, credits his smooth second-act transition in part to working with a career coach
A new analysis by property analytics provider CoreLogic shows that nearly three-in-four loans (1.2 million loans) in forbearance reached the 18-month maximum limit as of the end of September. Forbearance is when a mortgage servicer or lender allows a borrower to pause or reduce mortgage payments for a limited time while the homeowner regains financial
Gary Vaynerchuk holds a “VeeFriends” token, which is part of his part of his first NFT collection. Source: VeeFriends | Gary Vaynerchuk Christie’s on Friday auctioned five art works that were created by entrepreneur Gary Vaynerchuk for his VeeFriends NFT collection. The price tag? Just over $1.2 million. “It feels like an out-of-body-experience,” Vaynerchuk told
Cathie Wood Source: CNBC Cathie Wood is calling for a drop in oil prices, likening the crude market to the extinction of whale oil in the early 1900s. “The rise in oil prices this year is a function more of supply than demand. At the turn of the 20th century, whale oil faced the same
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, U.S., on Wednesday, Sept. 22, 2021. Davie Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A former lab director at Theranos acknowledged on Friday that he had plenty of opportunities to address his concerns about the company’s
Billionaire American businessman Jeff Bezos walks with Blue Origin’s President and CEO Bob Smith after Bezos flew on the company’s inaugural flight to the edge of space, in the nearby town of Van Horn, Texas, U.S. July 20, 2021. Joe Skipper | Reuters Jeff Bezos’ Blue Origin is suffering from an elevated turnover rate, CNBC
In this aerial photo taken with a drone, flood waters surround storm damaged homes, Tuesday, Aug. 31, 2021, in Lafourche Parish, La., as residents try to recover from the effects of Hurricane Ida. Steve Helber | AP Climate change can have a direct impact on your wallet. Not only can it affect your bills, from
Having a strong safety net can make it easier to take big risks. For Tori Dunlap, founder of financial education company Her First 100K, that security came in the form of $100,000. Dunlap, 27, landed an entry-level marketing job after graduating from college and soon learned the corporate grind wasn’t for her. The Seattle resident,
By Nancy J. Altman, Next Avenue When people think of paid family and medical leave, they often think of parents taking time off to bond with their newborns. As important as that is, an often-overlooked group that also urgently needs a robust system of paid leave is older Americans — even those who are retired. Congress
One of the most exciting provisions of the Build Back Better Act, to me anyway, is the opportunity that it gives for a tax free conversion to partnership for some S corporations. There may be some people who don’t find this exciting thinking that partnerships and S corporations are both flow-through, so it is six
A National Association of Realtors “30 Under 30” agent, serving the Del Mar/San Diego luxury residential market with Anderson Coastal Group. You’ve all seen the claims reported: Less than one month’s inventory, homes selling after zero days on market, over 100% of list price received, an average of five offers on every home, the list goes