Wealth

If you have debt, forget spending on things like fancy coffee drinks, says “Shark Tank” star Kevin O’Leary. That’s because paying off debt is “key” to financial success, he says. “If you have student loans, if you have debt, if you have things that you’re paying interest on, you have to pay those off first,” O’Leary
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filadendron | E+ | Getty Images Financial upheaval and uncertainty has become the norm for many Americans, thanks to the coronavirus pandemic. Millions are unemployed, and scores of companies have been impacted by the economic slowdown. With so much uncertainty, it can be difficult and even scary to think about your money, much less make
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In this screengrab taken from a berniesanders.com webcast, Democratic presidential candidate Sen. Bernie Sanders (I-VT) talks about his plan to deal with the coronavirus pandemic on March 17, 2020 in Washington, D.C. Businesses are being severely impacted, schools are closing temporarily and large events are being postponed as the COVID-19 virus continues to spread across
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Amazon Founder and CEO Jeff Bezos speaks to the media on the company’s sustainability efforts in Washington on September 19, 2019. Eric Baradat | AFP | Getty Images Amazon CEO Jeff Bezos this week has sold more than $3.1 billion worth of shares in his company, according to filings with the Securities and Exchange Commission
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Bill Gates dropped out of Harvard University in 1975 to start Microsoft, the software company that would make him a billionaire by age 31.  According to Gates, part of his success is due to his parents – in fact, his late mother, Mary Gates, was said to be instrumental in a deal that helped propel Microsoft into the big leagues.
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As the nation’s lawmakers debate the contents of the next pandemic stimulus bill, a group of high powered business leaders at some of the most successful companies in the country are calling on Congress to support America’s small businesses. “This is not a call for bottomless handouts,” the letter, released Monday, says. ”It’s a defining moment
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Covid-19 has exacerbated long-standing racial disparities in the U.S., data shows. The pandemic has disproportionately impacted people of color, particularly Black people, across the country and has highlighted years of health and social inequities. It’s “been very painful to watch,” Snap co-founder and CEO Evan Spiegel said on the “How Leaders Lead with David Novak” podcast on Thursday. “The
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The coronavirus pandemic has highlighted the need for emergency preparedness, including with your money. Half of U.S. households lost income due to the economic fallout of the coronavirus pandemic, according to a recent Bankrate survey of over 3,700 Americans conducted in June. That’s why it’s critical to have an emergency financial aid kit, said Winne Sun, managing
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Jamie Dimon, chairman and CEO of JPMorgan Chase & Co., spearheads the nation’s largest bank – serving almost half of U.S. households with $3.2 trillion in assets and managing over 250,000 employees across the world. And like many successful executives – from Amazon CEO Jeff Bezos to Tesla and SpaceX CEO Elon Musk – Dimon starts his day with a routine.  After
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In the $1 trillion stimulus proposal released by Senate Republicans on Monday — the Health, Economic Assistance, Liability Protection and Schools, or HEALS, Act — the $600 per week unemployment boost of the CARES Act, which expires Friday, would decrease to $200 per week. That’s because Republican leaders have largely said the extra $600 a week discourages people from returning to
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Federal prosecutors are accusing a 29-year-old small business owner in Miami of spending some of the nearly $4 million in coronavirus relief aid he received from the government on a six-figure sports car, expensive jewelry and stays at luxury resorts. Federal officials arrested the man, David T. Hines, on Monday, charging him in Miami Federal
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