Macroeconomic indicators this week pointed to further headwinds for the global economy. In the US, the New York Empire Manufacturing Index slumped to -31.3 (from 11.1) in August, the lowest level since slump after the first Covid-19 lockdown. The sharp drop was driven by weaker current conditions, while the expectations index improved slightly. The current […]
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Update 3/17 6:25 P.M.: Uncle Nearest’s owner, Fawn Weaver, has made another move in the brand’s fight to survive. “Troubled whiskey brand Uncle Nearest has filed for Chapter 11 bankruptcy protection, and owner Fawn Weaver Read more…
Picture this: you’ve held a stock for 20 years, and now it’s worth millions. Yet your cost basis is almost nothing, but selling triggers a massive tax bill, so you hold. That’s the trap millions Read more…
Elon Musk has been fighting one of the most closely watched lawsuits in tech history. Now, just weeks before it goes to trial, he has made a pledge that changed the conversation entirely. In an Read more…