Only The Rich Can Play: How Washington Works in the New Gilded Age by David Wessel became a must read for me after a favorable review by Edward W. De Barbieri. I was hoping for it to be comparable to Showdown at Gucci Gulch, the great account of the passage of the Tax Reform Act
Handout | Getty Images Entertainment | Getty Images LOS ANGELES – In April last year I took a stroll down an empty Main Street in Disneyland with the head of Walt Disney theme parks, Josh D’Amaro. The California park was a week from opening after more than a year of being shuttered due to Covid-19
Jeff Farschman, 72, is a serial cruiser from Delaware who spends months at sea in retirement. Jeff Farschman For nearly two decades, Jeff Farschman, 72, has spent his golden years like many other adventurous retirees — enjoying leisure cruises to exotic ports of call. But unlike many of his fellow cruise passengers, Farschman basically lives
“We all of us have limited amounts of energy,” said novelist Doris Lessing, “and I am sure the people who are successful have learned, either by instinct or consciously, to use their energies well instead of spilling them about.” Yes, it’s true, and if you want to know why financial resolutions are made—and broken—every January,
There are crises that government rallies to solve—usually because surveys of the population show rising anger and concern and elected officials like to retain that first half of the descriptive term. But there is a host of issues that are deemed less important because they don’t necessarily cross the consciousness of most voters. This is
In this article F RIVN Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Ford Motor is selling 8 million of its Rivian Automotive shares, with the insider lockup for the stock of the once high-flying electric vehicle maker is set to
In this article RUN Sunrun employee Gonzalo Najera carries a solar panel before installation at a home in Alamo, Calif., May 17, 2021. Scott Strazzante | San Francisco Chronicle | Hearst Newspapers | Getty Images Sunrun shares jumped 11% during extended trading Wednesday after the company posted first-quarter earnings results, including a 39% increase in
For decades now, the country’s outstanding student loan debt balance has only trended in one direction: Up. Today, around 44 million Americans owe a combined $1.7 trillion for their education. But it didn’t have to be this way. Legislation like the GI Bill, the National Defense Education Act, and Higher Education Act of 1965 paved the way for
By Richard Eisenberg, Next Avenue You know that feeling when you’re having a delightful time at a picnic, but you start seeing storm clouds in the horizon? That’s pretty much what prospects for retirement look like for most working Americans, according to the latest annual survey by the Employee Benefit Research Institute (EBRI) and Greenwald
A lobby card from the film ‘The Wizard Of Oz,’ shows a film still of a scene in which American actress Judy Garland (1922 – 1969) (as Dorothy) wipes tears from the eyes of actor Bert Lahr (1895 – 1967) (as the Cowardly Lion), while watched by Jack Haley (1898 – 1979) (as the Tin
Shell posted adjusted earnings of $9.1 billion for the first quarter of 2022. Ben Stansall | Afp | Getty Images LONDON — Oil giant Shell on Thursday reported its highest quarterly profit since 2008 on soaring commodity prices, fueling calls for a one-off windfall tax on oil and gas companies to help U.K. households with
In this article TWTR Binance is the world’s largest crypto exchange, handling billions of dollars in trading volumes on a daily basis. STR | NurPhoto via Getty Images Bitcoin exchange Binance’s move to participate in Elon Musk’s $44 billion takeover of Twitter could boost digital currency evangelists’ hopes for the development of a more “decentralized,”
Bymuratdeniz | E+ | Getty Images Workers continue to see pay increases at a fast clip, but there are signs of a slowdown ahead. Average earnings for all workers grew by 0.3% in April, to $31.85 an hour, the Labor Department said Friday. That’s a modest reduction from the 0.4% pace in March. It also
It started with just a few hundred dollars. Entrepreneur Nakia Vestal escaped human trafficking as a teenager and began working at beauty salons and shops. After gaining experience and disliking her job opportunities, Vestal decided to go into business for herself. In 2017 and with $400, Vestal founded DollMaker Lashes, a beauty studio in Houston,
By Richard Eisenberg, Next Avenue Kerry Hannon has written for Next Avenue about work and personal finances since the site was founded in 2012. The journalist, 61, recently became a Yahoo! senior columnist; launched “The Second Act Show,” a biweekly streaming livecast with career coach John Tarnoff; and published a book, appropriately called “In Control
Adaptation from an evolutionary perspective is by nature a glacially unhurried process. It pans out even slower and more painfully when it comes to fundamental changes to the rules by which the real estate industry plays—many of which remain so outdated that they are analogously as irrelevant and inefficient as phones still attached to the
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Diesel prices are surging, contributing to inflationary headwinds due to the fuel’s vital role in the American and global economy. Tankers, trains, trucks and
In this article SG A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses for its first quarter, but sales jumped 67% as workers returned to their offices and resumed their old lunchtime routines. Shares of the company rose more than 5% in extended trading. Here’s what the
In this article TWTR SHOP-CA Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Thursday: EPAM Systems — Shares jumped 10% after the computer software company posted better-than-expected results for the previous quarter. EPAM reported
In this article WDC A Western Digital office building is shown in Irvine, California, U.S., January 24, 2017. Mike Blake | Reuters Company: Western Digital (WDC) Business: Western Digital is a leading developer, manufacturer, and provider of data storage devices and solutions and operates in two market-leading franchises: hard disk drives (“HDD”) and NAND flash