Two titans of business took a tour of a mattress factory and seemed to be having the time of their lives. And that merry jaunt during Berkshire Hathaway’s BRK.A recent annual shareholders weekend is not unrelated to why they’re both billionaires. Warren Buffett and Bill Gates […]
Call it the Teflon market. The world’s on edge over everything from rising tension in the Middle East to an uncertain U.K. election to the turmoil surrounding the Trump administration. Yet financial markets chug along as if nothing’s amiss — global stocks are churning just 0.4 percent below all-time highs, while volatility in equities, bonds […]
Millennials often get a bad rap when it comes to financial responsibility. But it turns out those stereotypes may be off base. Millennials are saving more money than any other generation, according to a new study by Bank of America and Merrill Edge. But it’s what they’re saving for that really sets them apart from […]
Self-made billionaire and Berkshire Hathaway CEO Warren Buffett’s steadfast optimism has grown his following over the years — and he even uses specific words to achieve his success, according to recent analysis. Thanks to his leadership, the legendary investor has inspired upwards of 160 other billionaires to promise to give away at least half of […]
Apple launched several new products and features for iPhones and Macs at its annual developers’ summit on Monday, but one of the biggest improvements for many iPhone users was buried in the fine print. Apple has developed a new and improved dark skin for the iPhone, which it’s calling “redesigned invert colors.” redesigned invert colors (Apple) […]
Russian leader urges American executives to support Trump Anti-Russia ‘hysteria’ is like anti-semitism, Putin says Russian President Vladimir Putin said he wouldn’t judge U.S. President Donald Trump for withdrawing from the Paris climate-change agreement. He spoke during a panel at the St. Petersburg International Economic Forum. (Excerpt. Language: English translation. Source: APTN) (Source: Bloomberg) Vladimir […]
A year after the Leave vote, Britain’s capital is scheming to dominate global finance, Europe be damned. Thirty years ago, London’s Isle of Dogs was a barren expanse of abandoned wharves and crumbling warehouses, never recovered from the wartime attentions of the Luftwaffe. Even the names of nearby boat basins were reminders of Britain’s lost […]
Ask Mark Zuckerberg about the accomplishment he’s most proud of from his days at Harvard University, and the answer may surprise you. It certainly isn’t inventing Facemash, the website that eventually became Facebook (FB). “Priscilla is the most important person in my life, and the most important thing I built in my time here,” Zuckerberg said of his […]
Paul Singer of Elliott Management isn’t sure exactly what hell on Earth, or Wall Street, will look like, but he’s got billions stockpiled for when it does Some say the world will end in fire, but hedge-fund honcho Paul Singer wants to be ready to pick up the pieces. Billionaire investor Paul Singer has a […]
U.S. consumers spent $21 billion on bottled water last year Bottled-water consumption in the U.S. hit 39.3 gallons per capita last year, while carbonated soft drinks fell to 38.5 gallons. Americans now drink more bottled water than soda, but some environmentalists say it’s worth highlighting there’s a hidden cost to buying all those plastic bottles. […]
This is where life expectancy is longest (and shortest) for Americans ‘Geographic disparities in life expectancy among U.S. counties are large and increasing,’ a new study finds. Photo: Kristen Bell in ‘The Lifeguard’ (2013). How long you live may depend on where you live. Life expectancy at birth for both sexes combined was 79.1 years […]
Gold on Friday traded at their highest level of the month, setting prices up for a third weekly gain in a row as a fresh round of geopolitical jitters offset expectations for higher interest rates, which would otherwise be bearish for gold prices. Investors were watching North Korea, this weekend’s Group of Seven meeting, the […]
