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Larry Ellison’s $40 billion pledge to his son’s Paramount deal shows a shift in billionaire giving: Philanthropic capitalism is taking over
Ellison’s $40 billion promise to personally back his son’s Paramount deal is not a charitable donation in the classic sense. It is something more emblematic of this billionaire era: philanthropic
US GDP grew at a blistering 4.3% pace in the third quarter
Economists polled by financial data firm FactSet had forecast an annualized 3% pace for the July to September period.
Apple CEO Tim Cook buys $3 million of Nike stock
Apple CEO Tim Cook bought nearly $3 million shares of depressed Nike stock following the company’s disappointing earnings report last week. Cook, who is the lead independent director of Nike and a
S&P 500 closes at another record, beating the high it set earlier this month
Stocks closed at another record on Wall Street Tuesday following a surprisingly strong report on economic growth over the summer. The U.S. government's first assessment of economic growth during the
Newbury Street boutique files for Chapter 7 bankruptcy
After 25 years on Boston’s fashion corridor, the woman-owned shop is down to a single location and is likely to close permanently. The post Newbury Street boutique files for Chapter 7 bankruptcy
Economy surges beyond predictions in third quarter
Key Takeaways The U.S. economy grew at an annual rate of 4.3% in the third quarter, the fastest in two years and blowing past forecaster expectations.Tariffs dragged down imports, which count against
DJT stock rises. It’s a good time to consider Trump Media’s nuclear fusion
Shares in the Truth Social parent, which trade under the ticker DJT in reference to President Donald Trump’s initials, had gained 1% to $14.56 in early trading. The stock dropped 10% on Monday after
Dallas developer selling entire share of downtown’s East Quarter district
Developer Shawn Todd and his firm Todd Interests are selling its share of downtown Dallas’ growing East Quarter district to partner J.P. Morgan Asset Management. Todd told The Dallas Morning News
Is the stock market closed on Christmas, New Year's Eve? What to know
Bond markets will also close early on New Year's Eve, at 2 p.m. ET on Wednesday, Dec. 31. The NASDAQ and NYSE will close at their normal time that day. What is the Dow Jones? The
US stocks hold near their records after mixed reports on economic growth, consumer confidence
Stocks are holding near their record levels Tuesday following updates that showed the economy grew sharply during the third quarter, but inflation remains high and consumers are losing confidence.
Student loan borrowers face garnished wages in 2026. Save your credit.
About four milliion Americans will soon be reporterd in default on their student loans. If they act now, they may be able to avoid that, experts say.
Why a top economist thinks the strong GDP report isn't the win for the economy that it seems
Economist Mark Zandi isn't convinced the big Q3 GDP report means the economy is set to soar from here, and thinks the data could be revised lower.
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