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Barry Sternlicht, Starwood Capital Group Chairman and CEO, speaking during the 2020 Delivering Alpha conference on Sept. 30th, 2020. CNBC Starwood’s Barry Sternlicht expects high flying technology stocks to fall from their heights if Former Vice President Joe Biden wins the 2020 election and Democrats take control of both chambers of Congress.   ”Maybe long term, two,
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© 2016 Bloomberg Finance LP For decades, investors have been told to assess their “risk tolerance.” While this may be relevant in some circumstances, it’s less important than long-term return for retirement savers. The danger of overemphasizing “risk” represents a financial literacy hurdle that only consistently applied education can overcome. Worse, you may be unknowingly
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The Continuum in Miami has a sanitizing butler for their beachfront ESPR Mudrooms are out. Instead the real estate world is giving a hearty welcome to disinfection rooms—the same physical space that mudrooms took up in a house, but now they’re being rebranded as a place for homeowners or their guests to take steps to
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David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs CEO David Solomon restructured several of his businesses and named new heads for the bank’s asset management and consumer and wealth management divisions.  The moves announced
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With elementary and high school around the world attending school virtually this fall, hotels are selling an unlikely travel opportunity — the “schoolcation.” Families are being enticed from their homes by hotels promising a change of scenery alongside tutoring, round-the-clock tech help and after-school activities that are more fun than what’s available back home.   Relieving
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Getty Images The big question over whether Congress will pass another coronavirus stimulus bill is, will they or won’t they? From jobs to savings to retirement plans, the coronavirus pandemic has upended many Americans’ financial lives. And that has resulted in millions of people facing serious financial hardship. They are hoping for more relief, including
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Money manager Loreen Gilbert is optimistic the market will return to all-time highs this year, and it has nothing to do with who wins the presidential election. She’s building her case on a strong — albeit uneven — economic recovery. “You can’t fight the train that’s already in motion,” WealthWise Financial CEO, told CNBC’s “Trading
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Manhattan’s West 46th Street has been temporarily converted to an outdoor Restaurant Row during the fourth phase of the coronavirus pandemic reopening in New York. Roy Rochlin | Getty Images Heading into 2020, the restaurant industry was poised for another year of growth. One of operators’ biggest concerns was the shortage of workers to keep
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An indoor farming start-up that heralds itself as the future of agriculture and has Martha Stewart on its board announced Tuesday it is going public through a reverse merger, the latest in a series of blank-check deals during the coronavirus pandemic.   Kentucky-based AppHarvest is merging with special purpose acquisition company Novus Capital Corp., while picking up $475 million
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People wearing facemasks wait to buy vegetables at a market vegetable stall as essential retailers reopen from the coronavirus (Covid-19) shutdown. SOPA Images | LightRocket | Getty Images Smaller-sized businesses have been battered during the six months of the coronavirus pandemic but are feeling confident about their ability to withstand a second wave, according to
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