The auction of Bill Russell memorabilia was a runaway success.  The 87-year-old civil rights icon and 11-time NBA champion auctioned over 400 items from his long and storied career at the TD Garden on Friday. When the auction closed and the dust settled, the total came to over $5 million. In fact, the top 18 items in the auction brought in over $5.3 million just on their own.  The biggest seller was the jersey Russell wore at Game 7 of the 1969 NBA Finals against the Los Angeles Lakers. That… Source link

(Bloomberg) — The U.S. went on a borrowing binge last year and the hangover could make it harder for the Federal Reserve to fight inflation without crashing the economy. Most Read from Bloomberg Corporate debt has surged $1.3 trillion since the start of 2020 as borrowers took advantage of emergency Fed action as the pandemic spread, slashing interest rates and backstopping financial markets to keep credit flowing. More debt held by more companies suggests potential risks as borrowing costs… Source link

Recently, Spotify (SPOT) removed the recordings of hundreds of comedians — including the works of Jim Gaffigan, John Mulaney and Kevin Hart — in the midst of a dispute over royalties. It’s a move that underscores the fight that many podcasters, comedians, poets and other spoken word artists are facing as streaming dominates the entertainment sector, and raises questions about how to compensate those involved.  Spoken Giants, a rights administration company founded in 2019, has led the… Source link

We’ll show you how Google Maps can help you navigate through the holiday season. Angela Lang/CNET … Source link

Kiyosaki: ‘Crash and depression’ are coming ⁠— here are the 6 simple ways he’s looking to get rich from the fallout U.S. consumer prices climbed by 6.8% in November, marking the fastest pace in 39 years. And while the stock market continues to largely shrug off inflation concerns, many well-known investors have been busy sounding the alarm. Rich Dad Poor Dad author Robert Kiyosaki is one of the more vocal ones. “Crash and Depression coming,” Kiyosaki tweeted earlier this week. “Time… Source link

Market participants are trying to make sense of the recent stock market volatility. They want to know why it happened, why was there a significant drop in so many growth stocks, and was this recent sharp pullback just a shakeout before a year-end rally or the start of a bigger correction? Of course, no one knows the answer to the last question, but I’m leaning towards a year-end rally for the following reasons. Technicals – During the recent drop, the S&P 500 and Nasdaq Composite found… Source link

The scene: Sotheby’s auction house in Manhattan. Auctioneer Quig Bruning is poised at the lectern before a packed house. Bidding is set to commence at $20 million. The object in question: A rare, first printing of the U.S. Constitution, one of 13 surviving copies, made for delegates to the Constitutional Convention and Continental Congress. After a brief introduction the bearded auctioneer commences, and what happens next is straight out of Hollywood: Escalating million-dollar bids phoned in… Source link

Bitcoin (BTC-USD) is down more than 20% from its record high and is set for its fourth straight weekly decline. Crypto bulls, as always, are keeping the faith. That includes MicroStrategy CEO Michael Saylor, who added bitcoin to his company’s balance sheet last year. Since then, he’s been an outspoken advocate. Right now, he doesn’t see many — any? — long-term obstacles to prices going higher. “The only legitimate risk is a black swan – an unknown unknown,” he said in an… Source link

Time to break out the candy canes – Christmas season is officially here.   Families across the U.S. will bake their favorite Christmas cookies and holiday treats in the coming weeks, turning to traditional recipes and trying new ones. And if you’re wondering if your favorite Christmas cookie is the same as your nearby friends, family and neighbors, Google shared with USA TODAY a list of uniquely searched Christmas cookies by state.    “It was interesting to see how different regions… Source link

It was almost 10 p.m. on a Thursday night, and Ali Watkins was walking around the capital following instructions texted by a stranger. One message instructed her to walk through an abandoned parking lot near Washington, D.C.’s Dupont Circle, and then wait at a laundromat. Then came a final cryptic instruction: She was to enter an unmarked door on Connecticut Avenue leading to a hidden bar. The Sheppard, an upscale speakeasy, was so dimly lit it was sometimes hard to see the menu, let alone… Source link