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Google Is Spared a Search-Engine Switch by a Major Partner

May 19, 2023 / no comments

Samsung Electronics has suspended an internal review that contemplated changing its smartphones’ default search engine from Google to Microsoft’s Bing.

How Close Could the U.S. Get to a Default in June?

May 19, 2023 / no comments

Day-to-day cash flows show how the Treasury might have to choose which bills to pay if the debt ceiling isn’t raised.

A Crypto Hedge Fund Imploded. The Comeback Isn’t Going So Well.

May 19, 2023 / no comments

It is often said that investors have short memories. They may not be short enough for the founders of a new crypto exchange.

You Take a Friend on Your Yacht. Is It a Taxable Gift?

May 19, 2023 / no comments

Billionaire Harlan Crow took Clarence Thomas on lavish trips and more, and that’s shining a spotlight on U.S. gift taxes for everyone. ‘It’s not a gift, it’s a party,’ one tax pro says.

Mon Dieu! Chanel Challenges Hermès in Bag War

May 19, 2023 / no comments

Chanel’s most popular bag is now more expensive than an Hermès Birkin for the first time. Investors should take note.

Japanese Stocks Hit a 33-Year High Thanks in Part to Warren Buffett

May 19, 2023 / no comments

The hot new stock play is a country with a shrinking population, a tumbling currency and an economy still smaller in real terms than it was four years ago. 

Rebound in Treasury Yields Fueled by Resilient Growth, Inflation

May 19, 2023 / no comments

The yield on the 10-year Treasury note has topped 3.6%, its highest since March.

G7 Countries Borrow China’s Economic Strategy

May 19, 2023 / no comments

Wealthy democracies rev up an effort to spend trillions on a new climate-friendly energy economy, while stealing away some of China’s manufacturing power.

‘Movie Theaters Are the Marketplace of Free Ideas’

May 19, 2023 / no comments

John Fithian spent nearly three decades as the top lobbyist for movie theaters. He says their future is bright, despite the power of streaming.

U.S. Semiconductor Boom Faces a Worker Shortage

May 19, 2023 / no comments

Strengthened by billions of federal dollars, semiconductor companies plan to create thousands of jobs. But officials say there might not be enough people to fill them.

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