MARKET
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Disney taps Morgan Stanley’s Gorman to oversee selection of Bob Iger’s successor
Walt Disney Co. on Wednesday said its board had named Morgan Stanley veteran James Gorman to head the succession-planning committee seeking a replacement for Bob Iger, who has said he will step down as the media and amusement-park giant’s chief executive in 2026. Source link
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NSYNC could make millions of dollars from its newfound ‘Deadpool & Wolverine’ fame
Thanks to the prominent placement of its 2000 single ‘Bye Bye Bye’ in the Marvel superhero movie, the boy band from a generation ago is enjoying a sudden resurgence in popularity. Source link
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This popular Japan ETF has whipsawed as the yen carry trade unwinds. Here’s how investors should react.
One of the most popular Japan-focused equity ETFs has lost its luster this month after a surging yen triggered a rapid exit by investors who had relied on it to strip out currency volatilities. Source link
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Kamala Harris, like Donald Trump, wants no taxes on tips. Critics say the idea is ‘very silly’ — no matter who proposes it.
“The idea of eliminating taxes on tips is merely a superficial attempt to address the affordability crisis faced by service workers,” said Saru Jayaraman, president of One Fair Wage. Source link
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Starboard Value is the latest activist investor to take a stake in Starbucks, WSJ reports
With Starbucks Corp.’s stock in the midst of a hefty decline this year, activist investors continue to circle the coffee chain. The latest to do so, according to a report on Friday, is hedge fund Starboard Value. Source link
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Tim Walz and J.D. Vance are both Diet Mountain Dew fans. Here’s why that could hurt the brand.
Mountain Dew has been associated with youth culture, but the brand could now be struggling to make that connection. Source link
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My grandfather co-signed my cousin’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?
“The loan is now in default, and I have no idea where this grandson is.” Source link
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The search for a ‘caffeinated catalyst’ at Starbucks continues
The coffee chain wrestles with ongoing consumer weakness. Source link
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Stock investors have counted on the Fed to protect them. Maybe not this time.
El-Erian: Key supports for the U.S. market have been confidence in tech stocks, the economy and the Fed. Two of these have weakened. Source link
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These housing stocks, funds and ETFs could get a boost from lower home mortgage rates
Many corporate insiders are buying shares — suggesting that mortgage rates will decline and housing turnover will rise. Source link
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