The man that police officers say was operating the boat that struck and killed a 15-year-old girl near Key Biscayne is the owner of company with clients like Baptist Hospital, the Miami-Dade, Broward and Palm Beach school boards and Miami International Airport, records show. For decades, 78-year-old Carlos Guillermo Alonso has run Technical Systems & […]
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‘Big Short’ Investor Michael Burry Bets Heavy On Gold, Renewable Energy Stocks, Exits Amazon, Alphabet Michael Burry, the legendary investor who famously predicted the 2008 financial crisis, has once again made headlines with his latest 13F filing for his hedge fund Scion Asset Management LLC. The first quarter of 2024 reveals a strategic recalibration towards […]
The 401(k) has become king of the retirement industry, knocking down its competition in pensions and overshadowing the contribution limits of the IRA — but it could use some improvement. In the last 40 years, the 401(k) plan has emerged as the most common way for employers to offer a retirement benefit to their employees. […]
Power lines shine in the sunlight along Richmond Road in Susanville, Calif., in September 2023. (Irfan Khan / Los Angeles Times) The dreariness of “May gray” hangs in the air, but soon enough people will be turning on their fans to fend off the heat. And as the temperature rises, so will electric bills. As […]
Nvidia (NASDAQ: NVDA) stock is having another great year. In 2024, shares of the artificial intelligence (AI) tech giant have gained 91.9% through May 15, crushing the S&P 500 index’s 11.9% return. The stock’s longer-term performance is even more stunning, as it turned an investment of $5,000 into nearly $1 million over the last decade […]
(Bloomberg) — Michael Burry’s investment firm doubled down on its bets on JD.com Inc and Alibaba Group Holding Ltd. in the first quarter as Chinese equities bottomed out. Most Read from Bloomberg JD.com was Scion Asset Management’s top holding after the firm boosted its stake in the e-commerce operator by 80% during the period, according […]
For the past two weeks, Rio Grande do Sul, a southern state of Brazil, has endured its worst flooding in 80 years. As of Wednesday, at least 149 people have been killed, more than 100 people are still missing and over 600,000 have been forced from their homes, according to the Associated Press. In response, […]
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Russian President Vladimir Putin has called for a significant increase in the pace of arms production, over two years into the war against Ukraine. “We must double and triple our efforts in this direction,” he said on Wednesday at a meeting with representatives of the defence industry. Only by introducing state-of-the-art weapons systems as quickly […]
The Kansas City Chiefs will open the 2024 NFL season with a home game. (AP Photo/Charlie Riedel) With the NFL Draft settled, it’s time for one last major event in the NFL offseason: the 2024 NFL schedule reveal. After a lot of suspense surrounding the official date that the league will drop the full 2024-25 […]
The last time either President Biden or former President Donald Trump participated in a presidential debate was nearly four years ago, when they tangled in Tennessee at the height COVID-19 pandemic. Now Biden and Trump are finally set to meet again. Here’s what will be different this time — and why it matters. 🤼 Biden […]