finance

George Carlin on abortion, baby boomers and the American dream, and why his comedy is still so relevant today

Judd Apatow, director of a new HBO documentary about George Carlin, talks about the late iconic comic and its enduring relevance.

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WSJ Opinion: Hillary Clinton’s ‘Trump, Russia’ Disinformation Plant

Review and Outlook: As a witness in John Durham's trial of Michael Sussmann, Hillary Clinton's campaign manager Robby Mook said that she personally approved a plan to give the news media a false "Trump, Russia" claim. Images: Reuters Composite: Mark Kelly

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Russia was invading, so a Ukrainian converted his life savings of $10,500 into crypto-token terra. Then, the token crashed.

A Kyiv resident said he converted his $10,500 life savings into a crypto token called Terra, but lost most of it after Terra crashed. STR/NurPhoto via Getty Images
A Kyiv resident wanted to protect his life savings to avoid risk from Russia's war, according to the Guardian.
He put the $10,500 int...

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No exodus here: As companies ditch their S.F. headquarters, fintech leases historic new HQ

Payments fintech Finix has moved into its new headquarters in San Francisco, while other startups -- most recently IKEA's TaskRabbit -- have vacated their headquarters and other commercial properties here. Finix recently leased 42,349 square feet at 631 Howard St., where it occupies the ground fl...

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Pentagon says more high-tech weapons going to Ukraine

Denmark has agreed to send a harpoon launcher and missiles to Ukraine to help Ukraine defend its coast.

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SpaceX president says in companywide email that she doesn't believe sexual misconduct allegations against Elon Musk

Elon Musk and Gwynne Shotwell. Angela Weiss, Amanda Edwards via Getty Images
SpaceX President and COO Gwynne Shotwell has defended Elon Musk following allegations of sexual misconduct.
The top female executive said she doesn't believe the allegations against Musk that Insider first reported.
In a...

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Morgan Stanley warns it's too early to be bullish on stocks — and predicts the S&P 500 will drop another 14% by August

The stock markets have fallen sharply this year. Andrew Kelly/Reuters
Despite the recent sell-off, it's too early to be bullish on stocks, Morgan Stanley's Mike Wilson said Monday.
The strategist said he expects the S&P 500 to fall another 14% to 3,400 by the end of the second-quarter earnings se...

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David McCormick sues over counting mail ballots in Pennsylvania Senate race

McCormick's lawsuit, filed after hours, asks the state's Commonwealth Court to require counties to promptly count mail-in ballots that lack a required handwritten date on the return envelope.

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A record 68% of American households said their savings could cover a $400 emergency in 2021

Last year was a stellar year for many American households: Financial well-being hit an all-time high in 2021, as did the proportion of households who said their savings could cover a $400 emergency, according to the Federal Reserve .
At the end of 2021, 78% of adults said they were either doing w...

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Inflation: There will be ‘further layoffs’ that will be ‘fast and furious,’ strategist says

Quant Insight CEO Mahmood Noorani and Brandywine Global Portfolio Manager John McClain sit down with Yahoo Finance Live to discuss recent market volatilities, the outlook for tech stocks, Fed rate hikes and positioning against Fed risks .

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The Fed raising interest rates won't fix inflation and the US needs a different kind of intervention, says Nobel-winning economist Joseph Stiglitz

Joseph Stiglitz during the Laurea Honoris Causa Joseph Stiglitz at Festival della Tecnologia on November 7, 2019 in Turin, ItalyStefano Guidi/Getty Images for Polito di Torino
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The Federal Reserve won't solve the problem of high inflation by raising interest rates, famous economist Joseph Sti...

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‘I feel like I am reliving the summer of 2008.’ Strategist David Rosenberg sees bear market sinking the S&P 500 to 3,300

US equity and bond markets are finally catching up with our views. In the past, ending a bear market in equities has required an average drop in the 10-year government bond yield (BX:TMUBMUSD10Y) of 135 basis points.

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‘This exorbitant wealth was not earned, it was swindled’: Florida trio sentenced to 18 years in prison for $200 million baby formula export scam

The defendants bought the formula at a discount to ship to South America, but then sold it at full price in the US for huge profits.

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US appeals court rejects Florida social media law, finds tech giants have First Amendment rights

A U.S. appeals court on Monday blocked a controversial Florida law that would ban Facebook, Twitter and other social media sites from hosting political speeches, kicking political candidates off their platforms and removing posts from so-called journalism firms.
In an order issued Monday, a three...

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Henry Kissinger warns against the defeat of Russia as Western unity on sanctions frays badly

Vladimir Putin Henry Kissinger Ukraine Russia Invasion War Food Prices Oil Europe Sanctions Zelensky - EPA/SERGEI CHIRIKOV
Veteran US statesman Henry Kissinger has urged the West to stop trying to inflict a crushing defeat on Russian forces in Ukraine, warning that doing so would have disastrous ...

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Joe Biden's comments about defending Taiwan 'send signal to Beijing without changing US policy'

U.S. President Joe Biden's comments that the United States stands ready to defend Taiwan sent a clear message to Beijing without dismantling long-standing policy of strategic ambiguity, analysts said.
When asked by a reporter Monday in Tokyo whether the US was prepared to engage militarily in def...

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Bitcoin will survive but could crater to $8,000 and won't end up as the dominant crypto, says Guggenheim's Minerd

Scott Minerd, Chairman of Investments and Global Chief Investment Officer at Guggenheim Partners, raises his hand during the Milken Institute Global Conference October 18, 2021 in Beverly HIlls, California.
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Guggenheim CIO Scott Minerd Says Bitcoin Could Drop to $8,000
"Let's face it - most o...

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'Big Short' investor Michael Burry says Warren Buffett is unique — and being different is key to investing success

Warren Buffett and Michael Burry. Getty Images: Michael Buckner; Jim Zauberman
Warren Buffett is unique, and being different is the key to investing success, said Michael Burry.
For this reason, "The Big Short" investor refrained from emulating the CEO of Berkshire Hathaway.
Burry knows his delet...

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Fed will succeed in bringing inflation down over next couple of years, Bernanke says

Former Fed Chairman Ben Bernanke said he believes the Fed will manage to bring inflation down over the next few years.

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'Golden Arches' come down near Moscow as McDonald's Russia rebrand begins

(Reuters) - Workers removed the 'Golden Arches' trademark from a McDonald's restaurant north of Moscow on Monday, as the first phase of renaming the fast-food company's stores in Russia began, days after it announced plans to exit.
The world's largest burger chain is selling its restaurants in Ru...

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‘Never have I been so ashamed of my country’: Russian diplomat Boris Bondarev quits over Putin’s war in Ukraine

"Am I worried about the possible reaction from Moscow? I have to worry about that,” says the Russian diplomat at the UN office in Geneva.

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‘I’m really upset’: I borrowed $10,000 from my brother with a $200-a-month payment plan. We fell out, and now he wants the money back in full

THE MONEYIST Dear Quentin, Just before the pandemic, I ran into financial difficulties and my brother loaned me $10,000. During the pandemic we fell out and we didn't speak to each other for several months.

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The Great Resistance is here. Companies and employees are in a battle of wills over returning to the office.

"I'm very open about my desire to never work in an office again," one such employee told MarketWatch.

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What It's Like to Have a Royal Caribbean Suite

Royal Caribbean offers suite passengers additional perks (along with the larger room) and a dedicated lounge with a concierge, but is it worth it?

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Arby's is launching its first burger ever. Here's how it tastes, and when you can buy it

For years, Arby's has claimed to have the meat. Unless it's a burger.
That changes Monday after the fast-food chain announced it will be launching a Wagyu Steakhouse Burger, the first time it has added a burger to its menu.
The Wagyu Steakhouse Burger features an American Wagyu mixed burger, Amer...

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People coming into contact with monkeypox are now being advised to quarantine for 3 weeks

Health authorities in the UK and Belgium have introduced three-week quarantines to prevent transmission of monkeypox as the disease continues to spread across Europe.
In a document released on Friday, the UK Health Security Agency (UKHSA) advised people who have been in close contact with an infe...

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Inheriting a house? Read this before you make any rash decisions

Beneficiaries have many considerations to make when inheriting a home, especially if they share the gift with siblings or others. There are tax implications of keeping or selling the home, emotional attachments to the home and the items in the home, and other potential problems with estate planni...

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DC attorney general sues Mark Zuckerberg, claims CEO was 'personally involved' in privacy failures

The Attorney General of Washington, D.C. filed a lawsuit against Meta (FB) CEO Mark Zuckerberg on Monday, accusing him of being personally responsible for Cambridge Analytica's massive data breach.
In the lawsuit, Attorney General Karl Racine alleges that Zuckerberg's failure to oversee consumer ...

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Climate change, the pandemic and now war in Ukraine have pushed hundreds of millions of hungry people to the brink

Without regional and global cooperation, there will be no way out of the destabilizing cycles of hunger, migration and violence.

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Charlie Munger's Daily Journal spent $118 million on stocks in 6 months — and took out $43 million of margin debt to help fund the purchases

Charlie Munger. AP Images / Nati Harnik
Charlie Munger's Daily Journal spent $118 million on stocks for the six months ended March 31.
The investor sold $81 million worth of stock and borrowed $43 million in margin to make the purchases.
The Daily Journal likely cashed in on some BYD shares and s...

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