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Monaco’s millionaires make up nearly a third of country’s population

Travelers in Monaco will most likely run into a millionaire while walking in the streets of the tiny European country. Continue Reading Below Nearly a third of the people who live in the independent city-state in the French Riviera are millionaires, the 2019 Knight Frank Wealth Report revealed. Monaco has a population of 38,300, of […]

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Parents with college students making this dangerous mistake, financial expert says

It’s graduation season again. As college students graduate, they walk across the stage to pick up their diplomas and then walk right back home to mom and dad’s house. Continue Reading Below More than one third of young adults between ages 18 and 34 lived at home in 2015, up from 26 percent  in 2005, according to […]

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Reddit co-founder Alexis Ohanian blasts ‘hustle porn’ on social media: It’s ‘really toxic’

Alexis Ohanian may have co-founded one of the most successful social news websites in the world, but the 36-year-old business leader still has some reservations about social media — particularly, how it can impact a person's work-life balance. Continue Reading Below Ohanian, who was worth an estimated $9 million before he married tennis superstar Serena Williams, admitted […]

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Video game industry asks WHO to reconsider after ‘gaming disorder’ classified as disease

Top global video game industry leaders, including a trade group that includes heavyweights such as Electronic Arts and “Fortnite” maker Epic Games, called on the World Health Organization to reconsider its decision to classify “gaming disorder” as a disease. Continue Reading Below In the latest edition of its International Classification of Diseases, the WHO identified […]

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Tornado, flood victims in Midwest receive relief from Walmart, Home Depot

Some of the country’s biggest retailers have launched relief efforts to aid victims of the devastating tornadoes and flooding in the Midwest. Continue Reading Below As many as 53 tornadoes may have struck residents across eight states from Idaho to Colorado on Monday alone, the Associated Press reported. Damage was especially heavy in Ohio, where one […]

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BART slams Elon Musk’s pitch to ‘solve’ traffic congestion

The Bay Area Rapid Transit (BART) has publicly voiced its disapproval of Elon Musk's plan to "solve" what he calls "soul-destroying" traffic on roadways. Continue Reading Below In a lengthy Twitter thread over the weekend, The Boring Company founder pointed to a blog post by his infrastructure company that describes the many benefits of underground tunnels. The 47-year-old billionaire called it […]

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Answer to China reneging on trade is ‘bust them immediately,’ Paul Mitchell founder says

Paul Mitchell founder John Paul DeJoria believes catching China in the act will force them to follow the rules of global trade. Continue Reading Below ”The answer to it is as they start reneging on anything — bust them immediately, get on the news immediately, look at what the've done. Otherwise they keep on doing it.”he told […]

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Serena Williams stands by Nike, says ‘they want to support women that want to have families’

Serena Williams has faith in her longtime sponsor Nike after the brand was hit with backlash recently for freezing compensation for some pregnant women under endorsement deals. Continue Reading Below Williams addressed the media after coming off a victory in the first round of the French Open, saying that the sportswear company had been “supporting women a […]

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Illinois to let voters decide how they will be taxed

Voters in Illinois will have the chance to decide whether to change the state’s tax structure, as it grapples with a number of fiscal challenges. Continue Reading Below State lawmakers on Monday voted to let residents decide whether to eliminate the state’s current flat income tax in favor of a graduated tax bracket – where […]

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Jamie Dimon warns about biggest near-term risk to US economy

JPMorgan CEO Jamie Dimon on Tuesday voiced concern about the consequences of an ongoing trade war between the U.S. and China, as negotiations have so far failed to result in an agreement. Continue Reading Below During Deutsche Bank’s Financial Services Conference in New York, Dimon said if trade negotiations fall through, the damage to the U.S. […]

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