AJ Patel

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Good and bad news from an economy in uncharted territory

In the no-man’s land between a referendum and a snap election, what are the key economic indicators telling us?<p>Elections have long been won and lost on the state of the economy. So Theresa May’s decision to call a snap poll just as UK growth appears to be slowing has raised eyebrows. But with the …

Economy

Consumer Spending in U.S. Stalls in March

U.S. consumer spending stalled in March while inflation slowed to below the Federal Reserve’s target, showing the biggest part of the economy might …

US consumer spending flat for second month in March

WASHINGTON (AP) — U.S. consumers cut back sharply in spending on durable goods such as autos in March, leaving overall spending unchanged for a …

Why Sony Pulling The Plug On 007 Is The Humane Thing To Do

Hey, fans of James Bond. Thanks for coming by on such short notice. It's just that we got the test results back, and I figured that you'd want to be …

Montel Williams reveals how smoking marijuana every day for 17 years changed his life

"I have dexterity problems. I can't roll a joint to save my life," Williams told Business Insider. He prefers vaporizing more concentrated forms of the drug.<p>Williams, who is also a retired Navy officer, has multiple sclerosis, a disease that causes his immune system to attack the insulation around …

Cannabis

Apparently Hyatt Has A Different Definition Of "Standard Room" Than I Do...

One of the advantages that hotel loyalty programs have over airline loyalty programs is that there typically aren’t blackout dates. If a standard …

Warren Buffett Hates Gold... But Here's Five Reasons You Need To Own It

In a 1998 speech at Harvard, legendary investor Warren Buffett shared his thoughts on gold:<p><i>“[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again, and pay people to stand around guarding it. It has no utility.”</i><p><i></i>Buffett is correct—gold …

Hedge fund billionaire Bill Ackman provides a perfect example of how the rich get richer

It's not hard to see why family offices can be a problem. Big-time investors are supposed to be putting their clients' interests first, and The Journal report suggests that if they're investing for themselves, they might get distracted from their work.<p>Worse yet, their personal investments could …

Markets

Forget flying cars. Google's Brin secretly builds airship at NASA Ames

Larry Page has his flying cars. Sergey Brin shall have an airship.<p>Brin, the Google co-founder, has secretly been building a massive airship inside of Hangar 2 at the NASA Ames Research Center, according to four people with knowledge of the project. It's unclear whether the craft, which looks like a …

University of Oxford

Korea's Richest Politician Bidding For Presidency

He once styled himself the Bernie Sanders of South Korea, but that label hardly fits the richest man in Korean politics. Ahn Cheol-Soo, casting himself as a moderate, is running for president of South Korea in the May 9 special election with a vision of “a new future” in “a country … where …

South Korea

Hobby Lobby founder & CEO: Invisible qualities, not money, make life worth living

<i>Editor's note: The following column is excerpted from Hobby Lobby founder and CEO David Green's new book, "Giving It All Away…and Getting It All Back Again: The Way of Living Generously."</i><p>Do you remember doilies? They were crocheted mats that people might use for decoration on a table or a sofa. On …

Mukesh Ambani Rejoins The World's Top 20 Richest

Oil and gas tycoon Mukesh Ambani’s net worth has jumped to $31.3 billion making him the 20th richest person on the planet. Ambani was ranked at number 33 with a fortune of $23.2 billion in the Forbes 2017 Billionaires List, which was published in March. Since then, India’s richest person has added …

India

These 9 cities have the world's highest proportion of millionaire CEOs

Compelo has identified where the world's wealthy CEOs live to find hotspots of wealth creation.<p>Unsurprisingly, big financial centres in the USA and Europe dominate the list, with only one Asian hub making the top ten.<p>According to the report: "Nearly half ― 48% ― of all millionaire CEOs reside in …

Instead Of Showing Off Wealth, Some Show Off Busy Schedules

Instead of buying expensive things, people now use busyness to show their high status. New research finds that many celebrities use social media to boast about their lack of time, not their wealth.<p>Transcript<p>STEVE INSKEEP, HOST:<p>There are many ways to show off. You can do it on social media. Post …

38-year-old millionaire shares the 'worst financial decision' he's ever made

Chris Reining mastered his money from an impressively young age. He built a $1 million portfolio by age 35 and retired at 37.<p>Of course, no one gets</i> …

How the youngest billionaire in the world, 20-year-old Alexandra Andresen, travels

As a three-time junior dressage riding champion, it's probably safe to say that Alexandra Andresen's preferred mode of transportation is a horse. But …

10 things you can learn about money in 10 minutes that will change your life

Below, Business Insider has rounded up 10 quick money lessons that will teach you how to master your money — from how to automate your savings to investing in the stock market when you're not an "investor."<p>Of course, this isn't all there is to know about personal finance, but setting aside a few …

Personal Finance

How ranking the world’s wealthy became a business

<b>When reporter Alex Cuadros</b> was covering Latin America for Bloomberg, his mission was to track a powerful and elusive species: the billionaire. It was 2012, and Bloomberg was about to launch its Billionaires Index as a direct challenge to the long-running World’s Billionaires list run by rival …

Trump's Tax Plan Is a Straight Up Multibillion-Dollar Gift to the Rich

It’s taken nearly 100 days, but Donald Trump has finally found a tax proposal he can get behind. And as befits his desire to reinvigorate America’s …

The number of billionaires is increasing rapidly in India (and many of them are self-made)

The outsize growth is mostly among men.<p>Since 2010, India has added a billionaire every 33 days.<p>The share of Indians in the global billionaires club …

1. George Soros

George Soros

The Final Indian War Has Begun and the Police Are On the Wrong Side of History

“We need people to stand up because that’s the only way the government is going to listen to us. That’s the only way they are going to revoke these …

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Follow >> (y) Counter Current News for the latest

Why We Can’t Stop Standing With Standing Rock Now

Just as quickly as progress was made on stopping the Dakota Access Pipeline (DAPL) from moving forward, President Trump stepped in and immediately …

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