Month: August 2021

It’s only been a few weeks since billionaires Richard Branson and Jeff Bezos earned their astronaut wings in separate, back-to-back flights to the edge of space. However, in many ways, the debate over whether or not the billionaire space race benefits this planet and its inhabitants is just getting started. At the center of the
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Cathie Wood Source: CNBC Cathie Wood called out Michael Burry on social media after ‘The Big Short’ investor placed a bet against her flagship ARK Innovation exchange-traded fund. “To his credit, Michael Burry made a great call based on fundamentals and recognized the calamity brewing in the housing/mortgage market. I do not believe that he
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Today’s column addresses questions about whether Social Security employees are really correct when they deny the ability to suspend a retirement benefits, turning 62 when receiving disability benefits and the ability to collect survivor’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
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EmirMemedovski Workers may soon get a better sense of how much income their retirement savings really will deliver later in life. As mandated in the 2019 Secure Act, 401(k) plan sponsors are preparing to provide illustrations on quarterly or annual statements showing an estimate of how much guaranteed lifetime income — via an annuity —
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The largest home ever permitted in Los Angeles County—a massive Beverly Hills compound spearheaded by real estate developer Mohamed Hadid—hit the market Tuesday with an asking price of $250 million. If it sells for that price, Hadid’s compound would be the most expensive residential property ever sold in California, property records show. Hilton & Hyland
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Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Bill Ackman’s troubled SPAC was hit with a lawsuit Tuesday that alleged the blank-check company promised “staggering compensation” to directors, and asked that the entity’s special status be revoked. The lawsuit’s plaintiffs — former Securities and Exchange Commission commissioner Robert Jackson
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Though the meme-inspired cryptocurrency dogecoin was created as a joke and its creators never intended for it to be taken seriously, billionaire Mark Cuban sees value in it — especially after it saw a surge of interest earlier this year. “The point about doge that people miss is that doge’s imperfections and simplicity are it’s greatest strengths,” Cuban,
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