PHILADELPHIA — Barrett Scheffler hopped in his Mazda CX-5 on Friday morning in Columbus, Ohio, halfway through a road trip to Philadelphia to see a football game. It was, at the time, two days away. In Wilkes-Barre, Pennsylvania, Stacey Koneski readied her midnight-green paraphernalia. In Arizona, Jamie Barmach and his teenage children boarded a flight. In Newark, New Jersey, fresh off a red-eye from Los Angeles via Vegas, Reza Perl picked up a rental car. In Houston, on the verge of his… Source link
Read More »Bill Russell memorabilia auction nets over $5 million, final game jersey sells for $1.1 million – Yahoo Sports
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
Read More »New infrastructure bill allots $17B for ports. Here’s where that money will go
Congress passed the bipartisan infrastructure bill late on Friday night and before it has even been signed into law, the White House is trying to sell the public on it. The first stop coming on Wednesday: a port. “There’s a reason President Biden chose the Port of Baltimore to give his major speech celebrating passage of what, to date, is his signature legislative accomplishment,” says Aaron Klein, an infrastructure expert at the Brookings Institution. The 2,702-page bill includes about… Source link
Read More »House Passes Historic Infrastructure Bill in Win for Biden
(Bloomberg) — The House on Friday passed the biggest U.S. infrastructure package in decades, marking a victory for President Joe Biden and unleashing $550 billion of fresh spending on roads, bridges, public transit and other projects in coming years. Most Read from Bloomberg The vote was 228-206 and sends the legislation to Biden for his signature. Thirteen Republicans supported the bill and six Democrats voted against it, a sign of the intra-party strains that nearly derailed the… Source link
Read More »Toomey vows fix to ‘badly flawed’ cryptocurrency broker plan in infrastructure bill
Senator Pat Toomey, ranking member of the Senate Banking Committee, says he’s prepared to fix the broad definition of a cryptocurrency broker that’s contained within the Biden administration’s infrastructure bill bogged down in Congress. The comments come as the House is pushing for an imminent vote on a $550 billion so-called “hard” infrastructure bill, which would invest in bridges to roads and the nation’s broadband, water and energy systems. The legislative language includes a… Source link
Read More »In a market full of wild valuations, Bill Gates holds these stocks for the stable income growth
In a market full of wild valuations, Bill Gates holds these stocks for the stable income growth Having sold most of his shares in Microsoft, Bill Gates doesn’t stand to gain nearly as much from the company’s market-topping Q2 as some of the other big shareholders. But it’s safe to say that both Gates and his well-known charity will be just fine. Gates is still worth more than $135 billion, according to Forbes, while the Bill & Melinda Gates Foundation Trust remains loaded with winning… Source link
Read More »Key lawmaker at center of spending bill debate demands Fed end asset purchases
Sen. Joe Manchin says he will make a deal with his own Democratic party on a spending bill, but only if the Federal Reserve begins pulling back on its monetary stimulus to the economy. In a signed agreement with Senate Majority Leader Chuck Schumer (D-N.Y.), Manchin said he would only support a budget resolution with a top-line number of $1.5 trillion, with no funds in the new legislation disbursed until after all COVID-related federal spending is exhausted. Another condition: The “Federal… Source link
Read More »10 Stocks to Buy and Hold According to Bill Gates
In this article we will take a look at the 10 stocks to buy and hold according to Bill Gates. You can skip our detailed analysis of Gates’ history, investment philosophy, and hedge fund performance, and go directly to 5 Stocks to Buy and Hold According to Bill Gates. Co-founder of the leading tech giant Microsoft Corporation (NASDAQ:MSFT), Bill Gates has put forth billions of dollars into stocks to fund the Seattle-based Bill & Melinda Gates Foundation Trust which is well-known as the largest… Source link
Read More »Bill Gates is hanging on to these stocks for steady income — you can too
Bill Gates is hanging on to these stocks for steady income — you can too In a world of historically low interest rates, investors would be wise to look out for dividend stocks offering solid — but stable — dividend yields. Healthy dividend stocks have the potential to: Offer a plump income stream in both good times and bad times. Provide much-needed diversification to growth-oriented portfolios. Outperform the S&P 500 over the long haul. Today, let’s take a look at three dividend plays… Source link
Read More »Here are the key retirement provisions in the $3.5 trillion reconciliation bill
Inside the Democrats’ forthcoming package of proposed social spending is a host of significant changes to how Americans might save for retirement in the years and decades ahead. The provisions – if enacted – would be one of the most impactful changes to the private retirement system since the SECURE Act was passed in 2019. Susan Neely, president and CEO of American Council of Life Insurers, supports the proposals and told Yahoo Finance that “the punchline is it will be a huge leap… Source link
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