Month: September 2020

Topline President Trump’s controversial nominee for the Federal Reserve board, Judy Shelton, does not currently have enough votes in the U.S. Senate to win confirmation, according to comments from Senator John Thune (R-SD) that were first reported by Bloomberg. Republicans are still hoping to garner the votes needed to confirm Shelton’s nomination to the …
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John Foley, founder and chief executive officer of Peloton Interactive Inc. Chris Goodney | Bloomberg | Getty Images Peloton CEO John Foley said Tuesday that Apple launching a fitness platform is a “legitimization” of this type of content.  Foley’s remarks were made during the bike maker’s first-ever investor meeting as a public company, and coincided
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Entrepreneur Bethenny Frankel has a lot going on. She is the founder of Skinnygirl, as well as disaster relief initiative BStrong. And she’s launching her podcast, “Just B with Bethenny Frankel” this month. To get it all done, Frankel is “so organized,” she tells CNBC Make It. So what do her days look like? Frankel says
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“Shark Tank” investor Daymond John told CNBC on Tuesday that he believes his new effort with Lowe’s to help diverse entrepreneurs can have widespread appeal — and a big impact.  “You can get a million applicants, hopefully. I want people to step up to this,” he said on “Squawk on the Street.” ”When you talk about diversity … you’re
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Bill Gates addresses a virtual Covid-19 conference hosted by the International Aids Society. July 11, 2020 International Aids Society Handout Bill Gates doesn’t believe any of the coronavirus vaccines currently in development are likely to seek U.S. approval before the end of October — something that would be bad news for President Donald Trump, who
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getty An individual’s approach to managing their personal finances is shaped by a myriad of influences. These may include their upbringing, community, social circles, and religious beliefs. A lifetime of experiences, and the manifestation of all these influences, impacts one’s relationship with, and attitude towards, money. Another, often overlooked, factor that impacts the way individuals
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Bill Gates expressed confidence that a coronavirus vaccine will be available by 2021. But he remains concerned that doses won’t be made available to lower-income groups, particularly in less developed countries.  On a conference call, Gates told reporters that the “next big question” his foundation is thinking through is how to manufacture and distribute the
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BTIG’s Julian Emanuel warns another deep market pullback is coming despite Monday’s comeback. The firm’s chief equity and derivatives strategist sees evidence in trading activity that retail investors are still over-exposed to the market’s high flyers. “Rather than fear being priced in the options market, there’s fear of missing out. The price of out of
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Democratic donor and money manager Michael Novogratz told CNBC on Monday that Joe Biden defeating President Donald Trump would at first cause problems for the U.S. stock market. But the former hedge fund billionaire turned cryptocurrency investor contended that a victory by the former vice president would, ultimately, go on to benefit Wall Street.  “I think
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