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Billionaire Charlie Munger wanted his kids to hold onto 3 parenting lessons ‘until their 100th birthdays’

Charlie Munger died on Nov. 28 at age 99. These reflections on his life and career, which he wrote for CNBC Make It, are among his final writings. My children and grandchildren might not think exactly the way I do, but I hope they can observe my life as an example …

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Waymo chief product officer on progress, competition vs Cruise

Passengers ride in an electric Waymo full self-driving technology in Santa Monica Allen J. Schaben | Los Angeles Times | Getty Images Waymo, Alphabet‘s self-driving car unit, is having a relatively good couple of months – at least, compared to one of its key rivals: GM‘s Cruise.  Formerly known as …

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SpaceX plans NASA refueling demonstration for next Starship launch

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is prepared for launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 15, 2023.  Joe Skipper | Reuters SpaceX could attempt a key demonstration for NASA during the third test flight of …

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Supreme Court case on ‘income’ could have major implications for taxpayers

People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post | Getty Images The Supreme Court is set to hear oral arguments Tuesday on a case that could affect broad swaths of the U.S. tax code and federal revenue. The …

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Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021

Job openings tumbled in October to their lowest in 2½ years, a sign that the historically tight labor market could be loosening. Employment openings totaled a seasonally adjusted 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday. The number was well below the …

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High mortgage rates have limited opportunities for homebuyers, sellers

Why many homeowners are ‘staying put’ Last week, the average interest rate for certain 30-year fixed-rate mortgages decreased to 7.37% from 7.41% the prior week, in the fourth successive week of declines. Lower mortgage rates have prompted mortgage applications to pick up. Yet about 80% of outstanding U.S. mortgages have …

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EU wealth tax and end of U.S. capitalism: Saxo’s outrageous predictions

The Wall Street bronze Bull looks out to an empty Broadway in Lower Manhattan, New York, on Aug. 28, 2011, as Hurricane Irene hits the city and tri-state area with rain and high winds. Stan Honda | Afp | Getty Images An EU wealth tax, the “end of capitalism” in …

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Money rules for childfree people, according to a CFP

If you don’t have children — and don’t plan on having any — the normal rules of personal finance don’t necessarily apply to you. That’s because people who meet that description, known as childfree people, don’t need to build generational wealth, says Jay Zigmont, a certified financial planner and author …

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Cramer says popularity weight loss drugs new investing opportunities

CNBC’s Jim Cramer on Monday said the increasing popularity of GLP-1 drugs — medications used to treat diabetes and obesity — has created some new investing opportunities. According to Cramer, Wall Street feared the effects of these drugs on the market during the fall. Investors soured on companies that made …

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Record number of fossil fuel lobbyists attend UN climate talks

A man wearing a thawb walks past flags of nations participating in the UNFCCC COP28 Climate Conference the day before its official opening on November 29, 2023 in Dubai, United Arab Emirates. Sean Gallup | Getty Images News | Getty Images DUBAI, United Arab Emirates — Nearly 2,500 fossil fuel …

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