Bill Gates confirmed he’s dating philanthropist Paula Hurd following his divorce from Melinda French Gates in 2021. Hurd, the widow of late Oracle CEO Mark Hurd, has worked in sales and service leadership roles in her career. The Microsoft cofounder also mentioned Paula Hurd in the acknowledgments section of his new book, “Source Code.” Bill…
President Trump’s tariffs could reshape one of retail’s most booming sectors: fast fashion. Hefty taxes on imports from the biggest U.S. trading partners have been averted at least temporarily by Mexico and Canada but not China, which had an additional 10% tariff imposed on its goods this week. Trump’s aggressive move, which triggered a measured…
During a nine-day trip through Latin America in the fall, Chinese President Xi Jinping met with the leaders of Mexico, Brazil, Bolivia, Chile and Argentina and inaugurated a $3-billion Chinese-funded port in Peru. Over and over, Xi stressed his interest in strengthening economic ties with the region 10,000 miles from Beijing. “True friends always feel…
Apple launched a new party-planning app on Tuesday called Apple Invites. Partiful, a startup with a similar function, had a swift response that suggested Apple had copied its product. Apple Invites is available now, with full capabilities accessible to iCloud+ subscribers. Apple isn’t always first to a party — and when it does show up,…
Bill Gates said he “had a really good, very long dinner” with President Donald Trump last year. Gates said he told Trump to retain PEPFAR, a long-running foreign aid program that combats HIV. Trump signed an executive order halting all foreign aid programs for 90 days after he was sworn in. Bill Gates said he…
David Giroux has beaten his Morningstar Moderate Allocation peer group average for 17 years. The fund manager’s record-breaking streak results from fundamental analysis and active management. Giroux is betting on Treasurys and unloved software, healthcare, and utilities stocks. Top fund manager David Giroux didn’t earn his reputation by following the hottest stocks in the market….
Tech giants appeared to defend their heavy AI investments during their latest earnings calls. Both Meta and Microsoft plan to spend over $60 billion on building out AI infrastructure this year. DeepSeek’s seemingly cheaper AI model has raised questions. DeepSeek may have spooked investors at the start of the week, but tech giants are doubling…
On one of the coldest nights in New York this year, I bundled up and went to a trendy tourist trap to meet up with five people who also felt that the pull to make new friends was stronger than the windchill. I didn’t know anything about my matches aside from a text I’d received…
The 2025 Sundance Film Festival is underway, and celebrities have arrived in style. Many are opting for trendy, casual, and cozy outfits at the Utah event. Others have missed the mark with mismatched looks and daring details. The 2025 Sundance Film Festival is full of movies and fashion. For years, celebrities have attended the Utah…
Albert Edwards warns of a growing bubble in US stocks driven by AI enthusiasm. US stocks now represent 75% of global market cap, and tech stocks are 35% of the US market. Edwards’ bearish views contrast with Wall Street’s optimistic S&P 500 targets for 2025. Albert Edwards, the famously bearish strategist at French investment bank…