{KXLG – Watertown, SD} The Boys & Girls Club of Watertown has announced in a notice sent to parents changes to its membership fee structure for 2025, effective from the next enrollment period. The increase would be the first increase in eight years for the club. According to the notice, the fee increase is necessitated…
Mark Spitznagel, a bearish investor, predicts stocks may soon lose over half their value in a sell-off. He says a recession could happen by the end of the year, fueled by the government’s $34 trillion debt. His fund, Universa Investments, has made billions from past stock-market crises. A black-swan investor, Mark Spitznagel, says the stock…
If you’ve ever wanted to ride in style like a billionaire, now’s your chance. Jeff Bezos appears to be selling one of his four private jets – but you’ll need a spare $39 million to snap it up. While it might take you or I a lifetime – and then some – to afford the…
Elon Musk Tesla Optimus robot prototypes walk onto a stage. Screengrab from We, Robot livestream Elon Musk has been working on the Optimus humanoid robot for years. At Tesla’s Robotaxi event last month, the robots poured drinks and played rock-paper-scissors with guests (though they were remotely controlled by humans). Musk said this summer that Tesla…
The stock market’s “Trump bump” that followed his victory over Vice President Kamala Harris in last week’s election appears to be coming to an end. On Friday, the market dropped to its lowest point since the election, with the Dow Jones Industrial Average down more than 300 points, or about 0.7 percentage points. It has…
A strong U.S. dollar unsettled Asian markets on Thursday, as investors assessed a U.S. inflation report that showed price increases. The dollar’s continued rise—particularly against Asian currencies—has intensified economic pressure on the region since the U.S. election. In Japan, the dollar climbed to 156.10 yen from 155.49 yen, reflecting expectations of currency gains linked to…
Topline Amazon founder Jeff Bezos and Oracle co-founder Larry Ellison have traded off the No. 2 spot on Forbes’ billionaire list Thursday, marking the latest exchange of the title between the two tech billionaires since September. Bezos net worth is down more than $2 billion Thursday. (Photo by Cooper Neill/Getty Images) Getty Images Key Facts…
Warren Buffett has grown Berkshire Hathaway’s cash pile to more than $300 billion — a record high. The famed investor has halted stock buybacks and pared key holdings such as Apple and Bank of America. Buffett, 94, is facing a bargain drought and may be preparing to hand over control of Berkshire. Thanks for signing…
Warren Buffett, chairman and CEO of Omaha, Nebraska-based holding company Berkshire Hathaway, is one of the world’s most well-known investors, with a net worth north of $145 billion. Image Credit: Eric Francis | Getty Images. Warren Buffett. However, like all successful investors, Buffett had to start somewhere. In his biography The Snowball: Warren Buffett and…
An influencer in China consumed pig feed costing just 3 yuan (40 US cents) a day to save money, asserting it is healthier than takeaway food, which has sparked widespread health concerns. Kong Yufeng, known online as “King Kong Liuke”, is a popular handicraft influencer on Douyin, boasting 2.8 million followers. She is a graduate…