China’s Property Crisis Blew Up Investments That Couldn’t Lose
Posted inBuilding (Construction) China China Economy Economic Conditions and Trends Foreign Investments High Net Worth Individuals International Relations Land Use Policies Real Estate and Housing (Residential) Sunac China Holdings Ltd

China’s Property Crisis Blew Up Investments That Couldn’t Lose

Citic said its new fund was as safe as they come because it would invest in real estate. Then the developer defaulted and the projects stalled.
Just How Rich Were the McCallisters in ‘Home Alone’?
Posted inBureau of Labor Statistics Chicago (Ill) Chicago Tribune Culkin, Macaulay Federal Reserve Bank of Chicago Federal Reserve System Heard, John High Net Worth Individuals Movies O'Hara, Catherine Paris (France) Pepsico Inc Real Estate and Housing (Residential) Robberies and Thefts Suburbs United States United States Economy

Just How Rich Were the McCallisters in ‘Home Alone’?

Fans have been debating the McCallister family’s wealth for years. We asked the Federal Reserve for answers.
Bill Ackman’s Campaign Against Harvard Followed Years of Resentment
Posted inColleges and Universities Ethics and Official Misconduct Gay, Claudine Harvard University Hedge Funds High Net Worth Individuals Israel-Gaza War (2023- ) Jews and Judaism Pershing Square Capital Management Private Equity

Bill Ackman’s Campaign Against Harvard Followed Years of Resentment

The billionaire investor has mounted a high-profile battle against Harvard president Claudine Gay over antisemitism and threats to Jewish students on campus, but long-held personal grudges play a part, too.