“ ‘Think about what Apple is worth compared to John D. Rockefeller’s empire.’ ” That’s Berkshire Hathaway BRK.A, -0.56% Vice Chairman Charlie Munger talking this week about the “frenzy” in the stock market as exemplified by Apple AAPL, -1.59%, which he deems as “the most dramatic thing that’s almost ever …
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The market for initial public offerings is getting too euphoric and unhealthy in the longer term, according to Goldman Sachs Chief Executive David Solomon. “ ‘I do think we’re at a moment in time where there is a lot of euphoria…and I don’t think in the long run [that] that’s healthy.’ …
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Getty Images Looking forward to finally turning the page on 2020 and optimistically embracing a reversal of fortune in the new year? Not so fast, according to the United Nations. “ ‘2021 is literally going to be catastrophic based on what we’re seeing at this stage of the game’ ” …
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A trio of promising coronavirus vaccine candidates has raised hopes that America appears poised to finally turn the corner in the pandemic. But the head of the Centers for Disease Control and Prevention cautions that there’s still a cold, hard winter ahead. “ “December and January and February are going …
Read More » Getty Images “ ‘The United States is at a tipping point in which it could go from manageable internal tension to revolution and/or civil war.’ ” That’s Ray Dalio, the billionaire founder of Bridgewater Associates, sounding the alarm in his latest LinkedIn post on the class and power struggles that …
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Dr. Anthony Fauci has some advice for New York Gov. Andrew Cuomo, and the four other states that have vowed to independently review the efficacy and safety of a vaccine before making it available to their residents. “Trust the process because it is a sound process,” he said. Fauci, the …
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Donald Trump on Sunday tweeted his first tacit acknowledgment of former Vice President Joe Biden’s election victory, but continued to claim the democratic election was “rigged” and fraudulent without providing any evidence and after other agencies have deemed the voting process one of the most secure in U.S. history. On …
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The head of the World Health Organization has praised a developing country for its success in handling the coronavirus pandemic on Friday and urged others to re-evaluate their approaches to health care: “ ‘Thailand is an excellent example that, with a whole-of-government, whole-of-society, comprehensive approach, this virus can be contained …
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Alex Trebek Getty Images “ ‘Crashes are a golden opportunity to make money, because the American economy is always solid enough to rebound.’ ” That’s Alex Trebek, the beloved longtime host of “Jeopardy!” who died on Sunday at the age of 80, opening up about his approach to money and …
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