MARKET

  • Trump’s sneakers are already going for up to $45,000. Can they hold their value?

    Former president and 2024 Republican contender Donald Trump may potentially be in the hole for $355 million after losing his latest court case. But his newly announced line of Trump-branded sneakers is proving to be a financial hit, at least in the short term. Now, the question remains if the shoe will be a long-term success in the collectibles market.…

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  • Trump backed further into a financial corner after losing control of his company

    With Donald Trump’s legal liabilities growing and a presidential campaign to run, losing control of his company couldn’t have come at a worse time. After a New York judge ordered the Trump Organization to pay $364 million in penalties and barred the former president from any role in running a business in New York state for three years, Trump now…

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  • I don’t want my daughters’ husbands to get their hands on my $2 million

    My wife and I live in California, as do three of our four grown daughters. We are revisiting our family trust for the first time in many years, as we’re getting older and have gradually built an estate worth a couple of million dollars. We want to make sure that, in case our daughters get divorced, our hard-earned savings go…

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  • These 4 things are keeping you from ‘rightsizing’ your life

    Big life changes often go hand in hand with cleaning out a home — but it doesn’t mean it’s the same every time. Downsizing a home for retirement is a different process than decluttering after someone dies. How a person cleans space for the next chapter should be known as “rightsizing,” one author said.  In her latest book, “Rightsize Today…

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  • SATs and ACTs are back at Dartmouth. 3 reasons other schools may not follow.

    Are standardized testing requirements a thing of the past or poised to make a comeback in college admissions? Dartmouth’s announcement this week that it would reinstate a testing requirement for applicants after a COVID-era pause reignited this debate.  There are some indications that other schools will follow. The Massachusetts Institute of Technology had previously announced it was reinstating its testing…

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  • Stock investors fear ‘no-landing’ economy could spell trouble. What’s next?.

    While the U.S. stock market has been pricing in a “soft-landing” scenario for the economy, a blowout January jobs report, relatively strong corporate earnings, and Federal Reserve Jerome Powell’s comments during the past week could point to the possibility of “no landing,” where the economy is resilient while inflation stays target.   Such a scenario could still be positive for…

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  • Cybersecurity ‘incident’ dings Beazer Homes sales

    Beazer Homes USA Inc. said late Thursday that a cybersecurity “incident” delayed closings of some of its new homes at the end of last year. Beazer Homes’ stock BZH, +1.92% dropped more than 4% in the extended session Thursday after the builder reported fiscal first-quarter revenue of $387 million, which compares with revenue of $445 million in the year-ago quarter.…

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  • Opinion: IRobot’s future could be rocky after Amazon deal falls through

    The future of iRobot Corp. IRBT, -8.77% is likely to be rocky as it faces tougher competition in the home-robotics market on its own. The Roomba maker said it will now focus on its own restructuring and becoming profitable again, after waiting almost 16 months for regulatory approvals for a proposed merger with Amazon.com Inc. AMZN, +1.34% that ultimately did…

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  • AMC shares hit another record-low close, extending losing streak to five days

    AMC Entertainment Holdings Inc. shares ended Friday’s session down 0.3% at a record-low close of $4.07. Shares of the movie-theater chain and original meme-stock darling have hit a series of record lows recently, having ended Thursday’s session at what was then an all-time closing low of $4.08. They traded as high as $4.73 on Monday and went on to shed nearly…

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  • ‘There’s no such thing as a good layoff’: Why the firing process is problematic

    At the same time, dismissed employees talk increasingly on social media about how companies could have handled things differently. “I still was given zero notice,” one woman said of her situation on TikTok. “They questioned my character,” another woman complained. Arguably, the most prominent example is Brittany C. Pietsch, who recently went viral on TikTok after sharing the phone call…

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