In a 1980 debate with President Jimmy Carter, Ronald Reagan memorialized the query, “Are you better off than you were four years ago?” It helped Reagan beat the incumbent in that 12 months’s presidential election. You aren’t more likely to hear Donald Trump asking the identical query about Joe Biden’s presidency. Trump can actually ding Biden for the inflation that …
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Why I finally took my business from Vanguard to Charles Schwab
It’s a slippery slope when a customer-oriented operation like Vanguard Group has been since it was founded almost 50 years ago begins to get greedy by imposing a whole bunch of changes and chintzy fees on its customers. What’s more, getting greedy can not only damage the firm’s reputation but can also cost it money. That’s what will happen in …
Read More »NBA wants ‘many more’ media partners amid shifting sports landscape, league executive says
The NBA has a straightforward plan when it comes to the complicated world of sports media rights: It wants to be seen everywhere and by everyone. “Our fans are consuming the NBA in diversified ways, so our goal as a sports league is to try to make sure that no matter where the fan is, no matter how they’re consuming …
Read More »The ‘unequivocally bullish’ productivity shift ahead: Morning Brief
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: So far, the AI trade has appeared to follow the same pattern in tech to which we’ve grown accustomed: A select few winners take it all. After computers, phones, and search providers, chip companies and AI engines are …
Read More »US futures slip away from records with Fed decision in focus
US stock futures drifted lower on Tuesday, setting the stage for a retreat from record highs as investors waited for the start of a Federal Reserve meeting that should signpost the path of interest rates. Futures on the S&P 500 () and the tech-heavy Nasdaq 100 () both fell roughly 0.3% on the heels of notching all-time closing highs. Dow …
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