• Business

    Claim on Trump nepotism, family profiting from presidency is partly false

    The claim: Trump’s relatives and close associates have been given government roles and profited from the presidency Just days after the Trump family took the stage and praised their patriarch at the Republican National Convention, liberals took a closer look at the Trump family’s ties to the presidency. On Aug. 26, Ridin’ with Biden, a Facebook page dedicated to the election of Democrat Joe Biden, posted a meme that calls the roles of Trump relatives and associates into question. “Trump’s daughter works at the White House,” claims the meme. “Her husband works at the White House. Rudy’s son works at the White House. Barr’s son-in-law works at the White House. Barr’s daughter works…

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  • Business

    Renting a U-Haul to move out of California can be 4 times more expensive than moving in due to high demand

    A U-Haul moving truck parked in a suburban neighborhood in San Ramon, California. Smith Collection/Gado/Getty Images Moving-truck rates from California are wildly expensive thanks to high demand, according to Mark Perry, a professor of economics and finance at the University of Michigan-Flint, and Jalopnik. Business Insider reviewed U-Haul and Budget Truck Rental rates to and from California and found a huge increase in price to leave the state over the same time frame. U-Haul and Budget moving-truck rental rates were between two and five times as expensive to leave California than to move into it, Business Insider found. Perry wasn’t so quick to blame the demand on the COVID-19 pandemic or…

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  • Business

    Chris McCumber to Exit as USA Network and Syfy President Amid Next Wave of NBCU Reorg

    Chris McCumber is the latest longtime executive at NBCUniversal to depart amid the wide-scale restructuring at NBCUniversal. On Tuesday, Frances Berwick laid out the leadership team for her Entertainment Business unit, which will be in charge of programming strategy and content spend across all of NBCU’s networks. In the new structure, Jeff Bader will be in charge of program planning for all six of NBCU’s cable entertainment networks, in addition to his current role with the NBC broadcast network. Last month, Berwick was named the head of NBCU’s new Entertainment Business unit, which will be in charge of programming strategy and content spend across all of NBCU’s networks. The move…

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  • Business

    Women of color have steeper climb when opening a business

    GREENVILLE, S.C. – As a Clemson University student in the 90s, Nekita Sullivan and her friends had to pile in a car and drive to Greenville, Seneca or Anderson for Black beauty products and hair care.  The inconvenience of traveling two or three towns over for beauty care gave Sullivan an idea: a multi-ethnic beauty bar where students and university employees of all races and hair textures could go in the heart of downtown Clemson.  Sullivan finally realized that dream after more than 20 years, but she didn’t know how difficult it would be.  Women, especially women of color, face more obstacles than their white, male counterparts when opening a…

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  • Business

    Top Ranked Value Stocks to Buy for September 16th

    TipRanks Oppenheimer: 3 Stocks That Could Surge Over 100{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} From Current Levels So far, September has been a wild ride of ups and downs. Following the recent bout of volatility, stocks have ticked higher again. But as uncertainty regarding another rescue program and the presidential election continues to linger, where does the market go from here? Weighing in for Oppenheimer, Chief Investment Strategist John Stoltzfus argues that any market dips appear “relatively contained and orderly,” and present longer-term investors the chance to find “babies that got thrown out with the bathwater.” He noted, “For nervous investors the recent downdraft has presented opportunity to take some profits without FOMO (fear of…

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  • Business

    4 Top Finance Picks Amid Chances of Near Zero Rates Till ’23

    The much-awaited Federal Reserve Open Market Committee (FOMC) meeting regarding the core monetary policy will be ending today afternoon. Per the CME Group FedWatch tool, there is a 100{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} chance that interest rates will be left unchanged this time as well. The central bank’s decision will not be a surprise for the markets as in the June FOMC meeting, interest rates were left at 0.00-0.25{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49}, with indications that it will be at the same level through 2022. Further, in late August, the Fed announced a major change in its inflation policy, seeking to support the fall in unemployment level by targeting an inflation that averages 2{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} over time. In order…

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