Add the global economy to Bill Gates’ growing list of concerns these days. On Sunday, the billionaire Microsoft co-founder told CNN’s “Fareed Zakaria GPS” that he believes factors like Russia’s war in Ukraine and the pandemic’s economic fallout create a “strong argument” that the world will see an economic slowdown in the near future. “It
Wealth
A woman takes a photo of Andy Warhol’s ‘Shot Sage Blue Marilyn’ during Christie’s 20th and 21st Century Art press preview at Christie’s New York on April 29, 2022 in New York City. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) Angela Weiss | Afp | Getty Images Andy Warhol’s
As the name implies, new book “Financial First Aid” offer strategies to help you deal with or avoid money mishaps. Standard financial advice revolves around doing what’s mathematically optimal for your money, and the book’s author, Alyssa Davies admits that much of that advice she offers doesn’t veer too far from tried-and-true formulas. But in
“If I want to retire early, I should solely focus on saving money as much money as possible right now. I’ll figure everything else out later!” This is a common way to think, especially for young people who want to retire early. But as a former portfolio manager and the head of retirement solutions for
The 106m-long and 18m-high super luxury motor yacht Amadea, one of the largest yacht in the world is seen after anchored at pier in Pasatarlasi for bunkering with 9 fuel trucks, on February 18, 2020 in Bodrum district of Mugla province in Turkey. Anadolu Agency | Getty Images Fijian authorities seized a $300 million superyacht
In this article FWONA Formula 1 is riding a wave of popularity in the U.S., and its CEO is shopping around its success with potential media partners for a more lucrative U.S. media deal. The racing league’s current deal with ESPN expires at the end of 2022. It was extended in 2019 to the tune
Kevin O’Leary may be an investor, TV star and entrepreneur, but the 67-year-old doesn’t consider himself a workaholic. Indeed, the O’Shares ETFs chairman tells CNBC Make It that when he’s reviewing a pile of resumes, the last thing he wants to see is someone who spends all their time focused on work. “When I see
In 2014, I walked away from my $35,000-per-year job in insurance sales to grow my e-commerce side hustle with my husband Chris. We had been experimenting with selling clothes and accessories on online marketplaces, including eBay and Facebook. Our online community of friends and customers quickly grew from a few hundred members to over 10,000
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Wealthy investors are more likely to add to their stock holdings or shift out of certain sectors rather than sell if stocks continue to decline, according to a new survey. More
When Elon Musk has a new start-up idea, he typically skips a crucial stage of getting the business off the ground: He doesn’t create a business plan. Over the last two decades, Musk has helped build a slew of successful companies, from PayPal to Tesla and SpaceX — making him the world’s richest person, with
Everyone told me not to travel solo during a pandemic. Especially not to learn snowboarding, a sport that not all travel insurance policies cover. It didn’t help that I wanted to visit a country where I don’t speak the language. Administrative matters — such as Covid tests, vaccination certificates and health declarations — would be
Getty Images The rising economic power of women in this country is one of the most significant financial shifts of recent decades. The bottom line: Women are generating and managing an increasing amount of wealth in the U.S. Meanwhile, closing the gender gap has been one of the major financial initiatives in America over the
Getty Images I bonds are currently paying 9.62% annual interest through this October, presenting an opportunity for investors with a range of goals, according to financial experts. These assets, backed by the federal government, are nearly risk-free and inflation-protected, with rates changing every six months based on the consumer price index from the U.S. Bureau
Business people are getting out and about again. And they’re looking for places to stay. More people are traveling for business meetings and industry events now than at any time in the past two years. A full recovery may be a couple years away, but Deloitte is forecasting 55% of business travel will be back
When Kristen Heaton launched her own business in 2013, she never dreamed she’d sell it for seven figures. So, when she sold it to Amazon aggregator Perch in July 2021, she hired a financial advisor to make sure her family could get the most out of the new wealth. “They sat us down, and they
In this article MS Main residence at 241 Bedford Rd in Greenwich, CT Anthony Acocella / Modern Angles The Gold Coast of Connecticut soon might become the Crypto Coast if this real estate listing is any indication. The owner of a Greenwich estate is willing to accept cryptocurrency as payment for its $6.5 million asking
You are looking to make a purchase, such as a new cellphone or a car, but you need some time to be able to pay the full amount. Or you might be taking out a new credit card, with no single purchase in mind. In both these situations, there’s one constant: your credit score. Think
Mark Cuban thinks TikTok — or, at least, its style of short-form video – is here to stay, and for a potentially unexpected reason. On a recent episode of “The Colin Cowherd Podcast,” hosted by Fox Sports anchor Colin Cowherd, Cuban called TikTok “the future of sports media,” noting that the app’s AI-fueled algorithms tailor
U.S. consumers spent 8.4% more in February 2022 than they did a year prior, according to data from Morning Consult. Some experts are labeling this as “revenge spending,” or the act of trying to make up for two years of not being able to go out by spending more than they typically would on recreational activities. People,
In this article TSLA TWTR Tesla head Elon Musk talks to the press as he arrives to have a look at the construction site of the new Tesla Gigafactory near Berlin on September 03, 2020 near Gruenheide, Germany. Maja Hitij | Getty Images The world’s richest person could soon add another title to his name
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