BUSINESS

The ultra-rich are scooping up luxury homes

The ultra-rich are scooping up luxury homes

In December last year, Fortune wrote we were in the midst of “a new American era of housing haves and…
Newly built homes are now cheaper than existing ones

Newly built homes are now cheaper than existing ones

It feels a little absurd to say newly built homes are cheaper than existing homes, which have been lived in…
Netflix co-CEO only wants the best sports games, not full seasons

Netflix co-CEO only wants the best sports games, not full seasons

Netflix co-CEO Ted Sarandos offered a peek into Netflix’s live sports strategy on its second-quarter earnings call Thursday.  Instead of…
Beastie Boys sue the parent company of Chili’s over ‘Sabotage’

Beastie Boys sue the parent company of Chili’s over ‘Sabotage’

The Beastie Boys are suing the parent company of Chili’s in a case that accuses the chain restaurant of running…
Germany Bitcoin sales: 50,000 sold is about 0.25% of supply

Germany Bitcoin sales: 50,000 sold is about 0.25% of supply

The German government is flooding the crypto market with Bitcoin. As of Wednesday, it has transferred at least $615 million…
India boosts gold reserves by the most in 2 years after moving 100 tons from UK

India boosts gold reserves by the most in 2 years after moving 100 tons from UK

India’s central bank probably increased its gold reserves by the most in almost two years last month, according to a…
Civics are becoming a 21st-century business skill

Civics are becoming a 21st-century business skill

The Fourth of July is a day typically filled with food, festivities, and fireworks in the U.S., as our nation…
Bridgewater starts $2 billion fund that uses machine learning for decision-making

Bridgewater starts $2 billion fund that uses machine learning for decision-making

Bridgewater Associates is launching a fund that uses machine learning as the primary basis of its decision-making. The vehicle will…
Wall Street cheers as Fed’s favorite inflation gauge falls to lowest level in years

Wall Street cheers as Fed’s favorite inflation gauge falls to lowest level in years

A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy…
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