Billionaire investors are in an unfamiliar position, watching and cringing as tariffs roll on and the stock market reels.
Category: High Net Worth Individuals
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Stock Market Chaos Over Tariffs Could Take Toll on Economy
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
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American Wealth Is at a Record High. Sentiment Is Low, and Falling.
A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour economic mood.
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Netflix’s Reed Hastings Gives $50 Million to Bowdoin for A.I. Program
The Netflix co-founder said he wanted his alma mater to become a leader in studying the consequences, and guiding beneficial uses, of artificial intelligence.
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What to Know About the Backlash Against Tesla
Elon Musk’s electric carmaker faces serious headwinds amid his involvement with right-wing politics and the Trump administration.
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Palm Beach Society Goes On, With and Without Trump
At a pair of benefits on this exclusive island, many well-heeled guests were holding their tongues when it came to politics.
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Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.
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Wall Street Is Getting Antsy With Trump
The contrasting reactions between the overflow and V.I.P. areas at a Trump event encapsulated the finance world’s worries about the new administration’s first month.
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Elon Musk Is Focused on DOGE. What About Tesla?
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.
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New Season of ‘The White Lotus’ Brings a Tourism Boom in Thailand
Crowds of visitors descended on Maui and Sicily after the HBO show’s first two seasons. Is the tropical resort island of Koh Samui ready for Season 3?