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Yearly Archives: 2023

NFL quarterback Tommy DeVito still lives with his parents

Despite the luxurious lifestyle that National Football League players can often afford, New York Giants quarterback Tommy DeVito is happy to live with his parents. “It was a no-brainer for me,” said DeVito, 25, in a recent interview with ESPN. “I don’t have to worry about laundry, what I’m eating …

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Forget quiet luxury, resist urge to buy more

Allison Bornstein, author of “Wear It Well”. Photo: Jennifer Trahan It’s not often we’re told to buy less, at least on social media. More likely, we’re encouraged to wear Loro Piana cashmere baseball hats and carry $300 Smythson notebooks like Gwyneth Paltrow in the name of “quiet luxury” and justify …

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Two Books for a Happier Thanksgiving

Dear readers, Even if you’re partial to the holiday season, and I am, this particular weekend can take on a prelapsarian feel. For many of us, these are the last days before we’re roped into a monthlong chorus line of celebration, wistfulness and reverence, before our relational identities consume everything …

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This key element of ESG investing could drive real change at companies and boost returns

A pedestrian passes a Wall Street subway station near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money managers betting on a sustained global rebound will be left sorely disappointed in the second half of this crushing year as a protracted bear market …

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SpaceX Starship rocket goes for second launch attempt

SpaceX launched its second Starship rocket flight on Saturday, with the company looking to push the development of the mammoth vehicle past new milestones. Liftoff came a few minutes after 8 a.m. ET from its Starbase facility near Boca Chica, Texas. The company is webcasting the launch in realtime solely …

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Jim Chanos, the short seller who called Enron’s fall, is converting hedge fund to a family office

Jim Chanos, Chanos & Company, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Renown short seller Jim Chanos will be converting his hedge fund Chanos & Co., to a family office and advisory business, CNBC has learned. The investor, best known for his bet against Enron before …

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Apple, Disney, Warner, Lionsgate pause advertising on X

Apple CEO Tim Cook looks on following a conversation on mental health, during a spousal program on the last day of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week at Apple Park in San Francisco, California, on November 17, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Apple and Disney have …

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Tech stocks wrap up strongest three-week rally since April 2020

Products at the showroom of the Nvidia Corp. offices in Taipei, Taiwan, June 2, 2023. I-Hwa Cheng | Bloomberg | Getty Images Tech investors are marching towards Thanksgiving with plenty of holiday cheer. The Nasdaq rose 2.4% this week, bringing its three-week gains to 12%. It’s the strongest rally over …

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Disney box office flops put pressure on Iger, Bergman

Bob Iger, Disney, at Apple program Source: Apple It’s rare for Disney Chief Executive Bob Iger to acknowledge his company has had creative missteps. So when he does, it’s probably wise to pay attention. “As I’ve looked at our overall output, meaning the studio, it’s clear that the pandemic created …

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Ray Dalio says U.S. reaching a point where our debt problem gets even worse

Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio said Friday. The hedge fund titan warned during a CNBC appearance that the need to borrow more and more to cover deficits will exacerbate the political and social problems the …

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