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Posts filtered by tags: Wall Street Journal[x]


 

Older people are giving up hope of paying off their student loans before they die: 'There's a real fear in dying in this'

A graduating student wears a money lei. ROBYN BECK/AFP via Getty Images Over 8 million borrowers over age 50 hold 22% of the federal student-debt load, or $336.1 billion. Insider spoke with borrowers with debt burdens they fear won't be paid in their lifetimes. One borrower started with $79,000 in debt, paid $175,000, but still has a balance of over $200,000. See more stories on Insider's business page. At 59 years old, David Wise has $236,485 of outstanding student loans, accordin...
Tags: Navy, Senate, Massachusetts, Trends, Joe Biden, Social Security, Warren, Bill, Biden, Wall Street Journal, Journal, Cnbc, Jpmorgan, Sen Elizabeth Warren, Schumer, Wise


The travel industry is capitalizing on people coming to the US to get COVID-19 vaccines

Signs offering COVID-19 vaccinations are seen outside of a CVS pharmacy in Washington, DC on May 7, 2021. MANDEL NGAN/AFP via Getty Images Thousands of tourists are coming to the US to get COVID-19 shots, the Wall Street Journal reported. The travel is mainly between Mexico and states like Texas and Florida. Mexican airlines have increased the frequency of flights between Mexico and South Texas. See more stories on Insider's business page. Tourists are heading to the US for COVID-19...
Tags: Travel, Florida, Texas, Science, California, Mexico, New York City, US, Trends, Washington Dc, Bill De Blasio, Dallas, Vaccine, Usa Today, Wall Street Journal, Cvs


Elon Musk's SpaceX acts 'like they already own everything' as the company reportedly buys up homes in a Texas village, preventing access to public roads and beaches

The SN9 during static-fire testing in Boca Chica, Texas, on January 13, 2021. @SpacePadreIsle on Twitter Residents of Boca Chica, Texas, told the Wall Street Journal SpaceX acts like it owns "everything" in their village. Several told the Wall Street Journal the company has attempted to buy their homes for offers they consider unfair. Musk has said he wants to incorporate the village as part of a city called Starbase, Texas. See more stories on Insider's business page. Residents of Boc...
Tags: Spacex, Elon Musk, Real Estate, Texas, News, Mexico, US, Trends, Tesla, Wall Street Journal, WSJ, Musk, South Padre Island, State, Cameron County, National Wildlife Refuge


3 Chinese telecom carriers will be delisted from NYSE after losing appeals over a Trump-era investment rule

Staff members use their smartphones at a China Mobile display during the PT Expo in Beijing Oct. 14, 2020. AP Photo/Mark Schiefelbein Shares of three Chinese telecom companies will be delisted from the New York Stock Exchange, The Wall Street Journal reported. The appeals of China Mobile, China Unicom, and China Telecom against being delisted were rejected. The ban was introduced during the tail end of the Trump administration. Sign up here for our daily newsletter, 10 Things Before the O...
Tags: Hong Kong, China, US, Trends, Joe Biden, Beijing, SEC, New York Stock Exchange, Donald Trump, Wall Street Journal, Securities And Exchange Commission, Nyse, Trump, China Mobile, China Telecom, MSCI


New York City wants to offer tourists free COVID-19 vaccines as it prepares for a full reopening this summer

Pedestrians cross 6th Avenue in Midtown, New York City. John Lamparski/Getty Images Mayor Bill de Blasio said he wants to offer tourists in NYC free coronavirus vaccines. The plan, which still needs state approval, involves giving the one-shot J&J vaccine at tourist sites. De Blasio has said the city plans to fully reopen on July 1. See more stories on Insider's business page. New York City could start offering coronavirus vaccines to tourists as it prepares to fully reopen for the su...
Tags: New York, Science, News, New York City, Trends, Speed, News UK, Broadway, Bill De Blasio, Andrew Cuomo, Wall Street Journal, De Blasio, Central Park, Cuomo, Johnson Johnson, NBC New York


Melinda Gates was upset and uncomfortable after she and Bill Gates met with Jeffrey Epstein, The Daily Beast reports

Bill Gates, Jeffrey Epstein John Lamparski/Getty Images, Associated Press A meeting between the Gates and Jeffrey Epstein in 2013 reportedly left Melinda upset. The Daily Beast reported Thursday that she warned her husband about his relationship with the sex offender. The New York Times previously reported that Gates and Epstein met several times between 2011 and 2013. See more stories on Insider's business page. A meeting between Bill and Melinda Gates and convicted sex offender Jeff...
Tags: Florida, New York, News, Microsoft, New York City, Trends, Economy, Divorce, Mit, New York Times, New Jersey, Bill Gates, Upper East Side, New Mexico, Bill, Times


Carl Icahn sells the remaining portion of his Herbalife stake, ending the saga that fueled his long-standing feud with Bill Ackman

Photo by: Adam Jeffery/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Billionaire activist investor Carl Icahn sold his remaining stake in Herbalife, SEC filings show. The nutritional shake company is at the center of his years-long feud with fellow billionaire Bill Ackman. Icahn was an activist investor in the company but said the company no longer needs him. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Billionaire investor Carl Icahn sold his final re...
Tags: Trends, Markets, SEC, Bill Ackman, Wall Street Journal, Cnbc, Carl Icahn, Reuters, Icahn, Ackman, Herbalife, Scott Wapner, Adam Jeffery, Emily Graffeo, CNBC NBCU Photo Bank NBCUniversal, Getty Images Billionaire


Warren Buffett's Berkshire Hathaway is nearing the maximum stock price of $429,496 allowed on the Nasdaq

Warren Buffett, CEO of Berkshire Hathaway, and vice chairman Charlie Munger. JOHANNES EISELE/AFP via Getty Images Berkshire Hathaway's Class A stock is trading just below the maximum stock price allowed on the Nasdaq exchange.The stock traded at $429,172 on Thursday, just below the Nasdaq's maximum limit of $429,496.7295.Nasdaq is rushing to issue an upgrade later this month that would fix the problem.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Class A s...
Tags: Amazon, Trends, Markets, Berkshire Hathaway, Warren Buffett, Jeff Bezos, Stock Market, Nasdaq, Wall Street Journal, Berkshire, Buffett, Berkshire Hathaway Stock, Charlie Munger, Matthew Fox, Stock Market 2021, MI Exclusive


Dogecoin's $80 billion valuation now makes it bigger than these 10 well-known companies

Paul Hennessy/SOPA Images/LightRocket via Getty Images Dogecoin's 13,000% rally in 2021 has made the meme-based cryptocurrency worth $80 billion.These 10 well-known companies are now worth less than a shiba inu-inspired cryptocurrency.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Dogecoin, a meme-inspired cryptocurrency that was started as a joke in 2013, is now worth $80 billion after a gravity-defying year-to-date rally of more than 13,000%, based off of W...
Tags: Elon Musk, Finance, Trends, Markets, Crypto, Trading, Csx, Dell, Honda, Doge, Cryptocurrencies, Duke, Wall Street Journal, Duke Energy, Thomson Reuters, Gamestop


Netflix's Mark Millar plans to build a streaming superhero universe starting with 'Jupiter's Legacy,' after inspiring some of Marvel's biggest stories

Millar (left) with "Jupiter's Legacy" stars Josh Duhamel and Andrew Horton on set. Steve Wilkie/Netflix "Jupiter's Legacy," Netflix's first Millarworld series since buying the comic company in 2017, debuts Friday. Millarworld's president Mark Millar talked with Insider about the Netflix deal and the series. "Jupiter's Legacy" is part of Netflix's grander ambitions to develop franchises and event shows. See more stories on Insider's business page. Comics writer M...
Tags: TV, Hollywood, Media, Entertainment, Disney, Trends, Netflix, Harry Potter, Streaming, Jesus, Jupiter, Stan Lee, Wall Street Journal, Lucy, Mark Millar, Reed Hastings


Mike Novogratz's Galaxy Digital buys crypto start-up BitGo in industry's first billion-dollar deal

REUTERS/Rick Wilking Mike Novogratz's Galaxy Digital is set to acquire BitGo for $1.2 billion in cash and stock. The deal comes as the total value of the cryptocurrency market soars to $2 trillion. The merger will position Galaxy as a crypto-focused financial services firm offering storage, trading, asset management, tax services, and more for institutions. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Galaxy Digital Holdings announced Wednesday it has agr...
Tags: San Francisco, Trends, Markets, Bitcoin, Wall Street Journal, Cryptocurrency, Toronto Stock Exchange, Yahoo Finance, Mike Novogratz, Novogratz, Galaxy Digital, Digital Assets, BitGo, Emily Graffeo, Rick Wilking Mike Novogratz, MI Exclusive


Here are 6 finance giants, including Deutsche Bank and Citigroup, which are embracing a hybrid work model as staff return to work

Deutsche Bank CEO Christian Sewing (left) and JP Morgan CEO Jamie Dimon (right). DANIEL ROLAND/AFP via Getty Images Global banks and asset managers are turning to a hybrid work model as staff return to their offices. Vanguard is the latest to announce the most of its staff can mix working from home and in the office. Deutsche Bank, HSBC and Lloyds are also embracing a more flexible model. See more stories on Insider's business page. Vanguard Vanguard Group's former Chief ...
Tags: New York, London, Germany, Trends, Canary Wharf, Bloomberg, Pennsylvania, Jp Morgan, Citigroup, Deutsche Bank, Guardian, Quinn, Lloyds, Wall Street Journal, Jamie Dimon, Vanguard


Warren Buffett, Mohamed El-Erian and now Janet Yellen spark fears over a pickup in inflation that could pile pressure on the Fed

Warren Buffett said he was seeing "very substantial inflation." Nati Harnik/AP Janet Yellen worried Wall Street on Tuesday with comments on inflation that were swiftly rowed back. Warren Buffett and Mohamed El-Erian have warned higher inflation could be here to stay. Investors fear strong price rises could cause the Fed to cut back its support for the economy. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Treasury Secretary Janet Yellen caused a minor freak-out ...
Tags: London, Wall Street, Trends, Joe Biden, Atlantic, Pimco, Berkshire Hathaway, Warren Buffett, Janet Yellen, Federal Reserve, Biden, Wall Street Journal, Cnbc, Steel, Buffett, Yellen


With few GOP allies left, Ted Cruz takes refuge at Mar-a-Lago with his former enemy President Trump

Ted Cruz and Donald Trump. AP Sen. Ted Cruz and former President Donald Trump had dinner together on Tuesday night. Trump and Cruz spent years at each other's throats, but Cruz became a loyal ally to Trump during his impeachment. Both face potential roadblocks in their political careers right now, which may have pushed them toward a cynical but politically expedient alignment. See more stories on Insider's business page. Politics makes for strange bedfellows - and dinner companion...
Tags: Facebook, Politics, Texas, Jimmy Kimmel, Supreme Court, Obama, Congress, Washington Post, Senate, Court, America, Trends, Analysis, Gop, Ted Cruz, Jfk


With few GOP allies, Ted Cruz took refuge at Mar-a-Lago with former President Trump

Ted Cruz and Donald Trump. AP Sen. Ted Cruz and former President Donald Trump had dinner together on Tuesday night. Trump and Cruz spent years at each other's throats, but Cruz became a loyal ally to Trump during his impeachment. Both face potential roadblocks in their political careers right now, which may have pushed them toward each other. See more stories on Insider's business page. Politics make strange bedfellows - and dinner companions. On Tuesday night, Texas Sen. Ted Cruz...
Tags: Facebook, Politics, Texas, Jimmy Kimmel, Supreme Court, Obama, Congress, Washington Post, Court, America, Trends, Analysis, Gop, Ted Cruz, Jfk, Donald Trump


With few GOP allies left, Ted Cruz takes refuge at Mar-a-Lago with his former enemy Trump

Ted Cruz and Donald Trump. AP Sen. Ted Cruz and former President Donald Trump had dinner together Tuesday night. Trump and Cruz spent years at each other's throats, but Cruz became an ally with Trump in office. They face political roadblocks that may have pushed them toward a politically expedient alignment. Sign up for our daily newsletter 10 Things in Politics You Need to Know Today. Politics makes for strange bedfellows - and dinner companions.On Tuesday night, Sen. Ted Cruz of Te...
Tags: Facebook, Politics, Texas, Jimmy Kimmel, Supreme Court, Congress, Washington Post, Senate, America, Barack Obama, Trends, Analysis, Gop, Ted Cruz, New York Times, John F Kennedy


Tech stocks plummet as Yellen says interest rates may need to rise

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020. Andrew Kelly/Reuters US stocks sank Tuesday as Treasury Secretary Yellen said interest rates may need to rise to prevent the economy from overheating. Tech stocks led losses with Apple, Amazon, and Tesla all in the red at the close. The Treasury Secretary's comments contrast with the Fed's plans to hold rates near zero through 2023. Sign up here for our daily newsletter, 10 Thin...
Tags: Amazon, New York City, US, Trends, Tech, Markets, Tesla, Atlantic, Treasury, Janet Yellen, Federal Reserve, Wall Street Journal, Jamie Dimon, Dow, S&P 500, Nyse


JPMorgan CEO says that working remotely 'does not work' for young people and those who want to 'hustle'

Mike Blake/Reuters JPMorgan's CEO said remote work makes it harder for young people and those that hustle. He said that he did not expect the working world to change dramatically due to the pandemic. JPMorgan hopes to have people back in the office, mask-free, by October of this year. See more stories on Insider's business page. Jamie Dimon is sick of Zoom meetings and sees plenty of downsides to not working face to face with people.The JPMorgan CEO said that he's ready to le...
Tags: London, News, California, Finance, Boston, New York City, Trends, Strategy, Remote Work, Wall Street Journal, Jamie Dimon, Murray, Reuters, Jpmorgan, Matt Murray, Mike Blake


JPMorgan's CEO Jamie Dimon said he doesn't support bitcoin, criticized regulation of small businesses, and talked up the US economy in a new interview. Here are the 8 best quotes.

JPMorgan CEO Jamie Dimon. Mike Blake/Reuters/Alain Pitton/NurPhoto via Getty Images Jamie Dimon says he "doesn't support bitcoin" and "has no interest in it." The CEO sat down with The Wall Street Journal CEO Council on Tuesday and discussed everything from the US economy to work-at-home policies. Dimon said the US economy could be in the "Goldilocks" zone for growth and is set to boom. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. JPMorgan CEO Jamie Dimon s...
Tags: US, Trends, Wall Street Journal, Jamie Dimon, Jpmorgan, Matt Murray, OSHA, Wall Street Journal CEO Council, Dimon, Will Daniel, Opening Bell JPMorgan


Treasury Secretary Janet Yellen says a 'shocking' $7 trillion in taxes is going uncollected

Treasury Secretary Janet Yellen. Manuel Balce Ceneta/AP Yellen told The Atlantic that the tax gap was a "shocking" $7 trillion over a decade. Her remarks reflect the White House's resolve to collect taxes from high earners and big firms. The Treasury has said the tax gap could worsen if no additional action is taken. Sign up for our daily newsletter 10 Things in Politics You Need to Know Today. Treasury Secretary Janet Yellen said a "shocking" amount of taxes was going uncollected by t...
Tags: Congress, White House, Trends, Joe Biden, Atlantic, New York Times, Treasury, Janet Yellen, Federal Reserve, Biden, Wall Street Journal, Irs, Yellen, Fed, Treasury Department, Charles Rettig


Bill and Melinda Gates bought a $43 million beach house in California last year- see inside

Bill Gates beach house. The Guiltinan Group Bill and Melinda Gates bought a beachfront home near San Diego, California.They reportedly paid $43 million for the six-bedroom, 5,800 square foot house.The mansion is part of a massive real estate portfolio that could be divided in the couple's divorce. Visit Business Insider's homepage for more stories.Bill and Melinda Gates bought an oceanfront property near San Diego last year. Gates, who rose to prominence as co-founder of Microsoft, ...
Tags: Texas, Microsoft, California, Trends, Bill Gates, San Diego, Bill, Melinda Gates, Wall Street Journal, Gates, Melinda, San Diego California, Madeleine Pickens, Boone Pickens, Medina Washington, Mary Meisenzahl


Bill Gates added a $43 million beachfront home to his sprawling real estate portfolio last year. Here's a closer look at his empire, which also includes a $130 million Washington mansion and horse ranches in Florida.

Microsoft cofounder Bill Gates. Susan Walsh/AP Photo Bill Gates has amassed a multimillion-dollar property empire. His portfolio includes Florida horse ranches, a Washington mansion, and a San Diego beach house. Now, that property may be divided in his divorce from his wife of 27 years, Melinda. See more stories on Insider's business page. Bill Gates has amassed a property empire over the years. From his $130 million Washington mansion nicknamed "Xanadu 2.0," to Florida horse ranches,...
Tags: Florida, Microsoft, California, Washington, Saudi Arabia, Life, US, San Francisco, Trends, Atlanta, Wealth, Features, Wyoming, House, Billionaires, Bill Gates


Companies have issued $240 billion of debt with incentives tied to environmental and social targets over the last year

ESG investing accounts for the sustainability and societal impact of an investment and can be personalized to reflect the values of the investor. P. Steeger/Getty Images Companies have issued $240 billion of debt with incentives linked to environmental and social goals over the past year. Anheuser-Busch InBev launched a $10.1 billion revolving credit facility tied to environmental targets. Gerardo Chiaia, the CEO of Portugese platics company Logoplaste, says this type of loan will become "...
Tags: Trends, ESG, Wall Street Journal, Blackrock, Anheuser Busch, Anheuser Busch Inbev, Chaia, Will Daniel, GSSS, Gerardo Chiaia, Logoplaste, Bloomberg Anheuser Busch InBev, Environmental Finance Bond Database


Can't find chicken wings, diapers, or a new car? Here's a list of all the shortages hitting the reopening economy.

Empty shelves and shoppers are visible at a Target retail store during an outbreak of the COVID-19 coronavirus in Contra Costa County, Dublin, California, March 15, 2020. Photo by Smith Collection/Gado/Getty Images As the US economy increasingly reopens, the economy is seeing shortages of all sorts of items. If you've tried to buy (or rent) a car or eat some chicken wings, you've probably noticed. Insider rounded up some of the major shortages across the US economy, and why they...
Tags: Apple, Post, Texas, Washington, White House, China, US, America, Los Angeles, Trends, Opec, Bloomberg, Joe Biden, Intel, Brazil, Argentina


Ted Cruz's threat to 'woke CEOs' was 'the most openly corrupt thing any Senator has said,' ethics expert says

"This may be the most openly corrupt thing any Senator has said," the former ethics watchdog said. Getty Ted Cruz's newspaper column on "woke CEOs" was the "most openly corrupt thing any Senator has said," according to the former director of the office of government ethics. The Texas senator in a Wall Street Journal column published last week expressed his anger at corporations objecting to Georgia's new voting laws. "This time, we won't look the other way on Coca-Cola's $1...
Tags: Politics, Texas, News, Senate, Trends, Georgia, Gop, Ted Cruz, Republican, Coca Cola, Boeing, Major League Baseball, Wall Street Journal, Cruz, Export Import Bank, Walter Shaub


Hate crimes in New York City spiked in the first few months of 2021, NYPD data shows

More than 200 people gathered on Washington Square Park to rally in support Asian community, against hate crime and white nationalism. Lev Radin/Pacific Press/LightRocket via Getty Images Hate crimes rose dramatically in New York City during the first quarter of 2021, police data shows. Anti-Asian incidents represented the highest number of hate crimes. There were 80 anti-Asian hate crimes between January 1 and April 4, 2021. See more stories on Insider's business page. Hate crimes ...
Tags: News, New York City, Trends, Brooklyn, Wall Street Journal, New York Police Department, Journal, Hate Crimes, Washington Square Park, Dermot Shea, Sarah Al Arshani, Asian Hate Crimes Task Force, Lev Radin Pacific Press LightRocket, Getty Images Hate, Charles Fain Lehman, New Hate Crime Review Panel


Bill and Melinda Gates are ending their 27-year marriage. Here's how the Microsoft cofounder spends his $129 billion fortune, from a luxury-car collection to incredible real estate.

Bill Gates has an estimated net worth of $129 billion. Thierry Chesnot/Getty Images Bill Gates and his wife of 27 years, Melinda French Gates, are getting a divorce. Gates, the cofounder of Microsoft, has a fortune worth $130.5 billion. Gates indulges in a few luxuries, but he mainly spends through the Bill & Melinda Gates Foundation. Visit Business Insider's homepage for more stories. Bill and Melinda Gates are ending their 27-year marriage.The couple announced the news in a statement...
Tags: Amazon, Elon Musk, News, Microsoft, Australia, California, Washington, New York City, Nigeria, US, San Francisco, Barack Obama, Trends, Atlanta, Wealth, Features


Stocks now represent a record-high percentage of financial assets among US households, reports say

JOHANNES EISELE/AFP via Getty Images Stocks now represent 41% of US households' financial assets, according to data from JPMorgan and the Federal Reserve. Robinhood tripled its revenue from payment for order flow in the first quarter amid a rise in retail traders. Warren Buffett warns investors are "just as sure" of themselves as they were in 1989 before a mini-crash. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Americans are now holding a higher percentag...
Tags: Apple, Google, US, Trends, Markets, Bloomberg, Jp Morgan, Stocks, Berkshire Hathaway, Omaha, Warren Buffett, Federal Reserve, Stock Market, Wall Street Journal, Robinhood, Equities


Inside the turbulent personal life of Elon Musk, who's been divorced three times, dated Hollywood stars, and now has a 1-year-old baby with musician Grimes

Grimes, left, and Elon Musk attend the Costume Institute Gala at the Metropolitan Museum of Art in May 2018. Charles Sykes/AP Tesla and SpaceX CEO Elon Musk has had a headline-grabbing personal life over the years. He has five sons from his first marriage and has been divorced three times. These days, Musk is dating the musician Grimes - the couple had a baby together last spring. See more stories on Insider's business page. In 2010, Elon Musk said he would "rather stick a fork in my ...
Tags: Transportation, Family, Spacex, Elon Musk, Hollywood, Texas, Families, Marriage, Instagram, California, Relationships, Time, Los Angeles, Trends, Tech, Tesla


High trucking costs are expected to last through 2021, adding to retailers' challenges

Bob Riha Jr./Reuters Bob Riha Jr./Reuters A shortage of semi-conductors to build new trucks and drivers to drive them is causing rising freight costs. The rising transportation costs coupled with backlogged ports are adding to business woes. Toilet paper, diapers, cars, bikes, electronics, and houses have all become more expensive lately. See more stories on Insider's business page. Retailers are sounding the alarm on increasing transportation costs as truck drivers and new trucks are...
Tags: Texas, News, US, Trends, Bank Of America, Retail, Shortage, Toilet, General Mills, Wall Street Journal, Journal, Sharpie, Reuters, Robinson, Ravi Saligram, Bed Bath & Beyond



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