Month: March 2023

Ken Griffin, the founder and CEO of Citadel, in 2014. E. Jason Wambsgans | Tribune News Service | Getty Images Billionaire investor Ken Griffin’s flagship hedge fund matched the broader market’s performance in the beginning of 2023 following a record year, according to a person familiar with the returns. Citadel’s multi-strategy flagship Wellington fund gained
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Within days after the Supreme Court’s decision in Alston last June, the NCAA issued an “interim policy statement,” suspending rules that had restricted the compensation a student athlete might receive not only directly from her school, but also from third parties, for the commercial use of her “name, image, and likeness” (NIL). While the “interim”
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Economists and housing experts polled in a recent survey expect home prices to fall 1.6% through December 2023. Affordability challenges are still dragging down demand for homes – lower mortgage costs in January translated into sales that tracked pre-pandemic trends, but higher rates in February have since dampened buyers’ enthusiasm. Starting next year, however, the
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By Nancy Collamer, Next Avenue The latest labor market data confirmed that the job market remains remarkably resilient. In January, the U.S. economy added an eye-popping 517,000 jobs and the unemployment rate fell to 3.4%, the lowest in more than a half-century. Still, even in a strong job market, fortunes vary as evidenced by recent
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In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Miami, Florida, Coral Gables Shops at Merrick Park, Nordstrom Department Store with shopper entering.  Jeff Greenberg | Universal Images Group | Getty Images Nordstrom on Thursday reported lower sales and profits for the holiday quarter, although earnings topped Wall Street’s expectations. The company said it
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In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT People shop at a 99 Cents store in Santa Monica, California, on Sept. 13, 2022. Apu Gomes | AFP | Getty Images Food stamp recipients may be in for a shock as temporary pandemic enhancements to the Supplemental Nutrition Assistance Program expire, leading the average person
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By Richard Eisenberg, Next Avenue There’s good news and weird news when it comes to age-friendly jobs in America. The good news, according to a recent research paper, “The Rise of Age-Friendly Jobs,” by three noted economists, is that between 1990 and 2020, roughly three-quarters of U.S. occupations increased their age-friendliness. Specifically, employment in what
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Santa Barbara’s nickname as “the American Riviera” may sound like an overreach. But spend time driving into hillside neighborhoods where winding roads lead to balconies and patios on Spanish-style homes high above the ocean and you’ll quickly see the resemblance to the Mediterranean Sea. The Riviera neighborhood is one of Santa Barbara’s older and most
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