Friday morning, Rich Strike wasn’t entered in the Kentucky Derby. Saturday evening, the 80-1 long shot was a Derby champion. The 148th Kentucky Derby went off under gray skies on a track that wasn’t nearly as soaked as conditions had forecast, and for almost all of the race the favorites ran as predicted. But in the final few paces, Rich Strike cut to the inside to beat two favorites, Zandon and Epicenter, to win the race. Rich Strike, entered only when Ethereal Road scratched out Friday… Source link
Read More »‘There are more efficient ways’ to make the rich pay more, economist says
Liquidity issues would make President Joe Biden’s proposed “billionaire tax” difficult to execute, Tyler Goodspeed, former acting chairman and vice chairman of the Council of Economic Advisers, told Yahoo Finance Live in a recent interview. “I think my main reaction is, it strikes me as a little bit gimmicky in an election year,” he said. “Look, if you think that billionaires should be paying more in taxes, then I think you should be seriously considering an elimination of the step up… Source link
Read More »What made Warren Buffett rich is making us all poorer
Sky-high gas prices are surfacing memories of a bygone era — the 1970s — defined by bellbottoms, disco music and (you guessed it) gas lines. Modern motorists might pine for the prospect of 50-cent a gallon unleaded gas that the decade averaged, but don’t compare that to the $4-plus a gallon we’re shelling out ($5 in California!) today. For a true apples-to-apples price comparison, it’s worth reviewing a concept that not only made Warren Buffett fabulously rich — but also makes us all a… Source link
Read More »Google Search Console to show event rich results errors for missing locations
Google Search Console’s rich results report may now show you more warnings for event structured data markup if the event is missing a location. The search company posted this update here, stating “Google will start enforcing location requirements for events.” The notice. Here is what Google posted: Google will start enforcing location requirements for events. For events marked as virtual only (eventAttendanceMode = OnlineEventAttendanceMode), providing any… Source link
Read More »‘Crash and depression’ are coming — here are the 6 simple ways he’s looking to get rich from the fallout
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
Read More »This week in Bidenomics: The rich will survive
Rep. Alexandria Ocasio-Cortez at the 2021 Met Gala Celebrating In America: A Lexicon Of Fashion, Sept. 13, 2021, New York City (Photo by: NDZ/STAR MAX/IPx 2021) Rep. Alexandria Ocasio-Cortez (D., N.Y.) wore a fancy dress to a fancy party that read “Tax the Rich” on the back. It didn’t catch on. As AOC’s fellow Democrats roll out their biggest legislative package in years, conspicuously missing are major tax hikes on the wealthy—supposedly a staple of Democratic politics. There are… Source link
Read More »Economic recovery in rich countries will be ‘very robust’ despite delta variant: Ian Bremmer
Goldman Sachs on Thursday cut its GDP forecast for the U.S., warning of continued supply chain disruption and heightened inflation caused by the COVID-19 delta variant. But the bank still anticipates robust 6% growth for the U.S. economy this year. The world’s richest countries boast relatively high rates of vaccination that ensure strong economic growth, despite a wave of infections brought about by the delta variant, Ian Bremmer, Eurasia Group founder and political scientist, tells… Source link
Read More »8 Insider Tips To Get Rich in Real Estate
Shutterstock.com If your only experience investing in property involves paying your home’s monthly mortgage, you might want to consider expanding your real estate portfolio. In fact, there are a number of ways to make money through real estate, and not all of them require taking out a big bank loan or scary second mortgage. Check Out: What Adds More Value to Your Home: Indoor or Outdoor Upgrades?Read More: 17 Dumb Home-Buying Mistakes That Hurt Your Wallet Learn the easiest ways to get into… Source link
Read More »‘Rich Dad, Poor Dad’ author backs bitcoin ahead of ‘biggest crash’ in history
Robert Kiyosaki, author of New York Times bestseller “Rich Dad, Poor Dad” and founder of The Rich Dad Company, is sounding the alarm about an impending recession, recently tweeting a warning about an impending “biggest crash in world history.” He predicted that it would be a long economic downturn and encouraged people to buy and invest in gold, silver, and bitcoin (BTC-USD) while they can. Kiyosaki joined Yahoo Finance Live to discuss why he thinks a market crash is coming as well… Source link
Read More »Student loan forgiveness would actually help low-income borrowers more than rich, study argues
Cancelling $50,000 in federally-backed student loan debt for American borrowers would actually help lower-income debtors far more than rich ones, according to a new research brief. The study by the Roosevelt Institute, a left-leaning think tank based in New York City, came to the conclusion as other academics argue that eliminating debt for millions of borrowers would instead disproportionately benefit high-income borrowers. “We made a policy mistake, in terms of placing the funding of higher… Source link
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