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Democratic presidential hopeful and former Vice President Joe Biden in Las Vegas, Nevada on February 22, 2020. President Joe Biden will visit the battleground state of Nevada Tuesday to take aim at corporate landlords, who the White House claims are keeping rents artificially high even as overall inflation has eased. Biden's attack on what he calls 'rent gouging' is part of his broader, election year effort to shift the blame for stubbornly high costs of living away from the president and his economic policies, and onto corporations with outsized pricing powers. Speaking in Nevada, Biden will double down on the housing provisions in his 2025 budget proposal, take aim at "rent gouging by corporate landlords," and call on Congress to pass legislation to lower housing costs, according to a White House fact sheet. Biden won Nevada in 2020, but recent polls show him trailing presumptive Republican nominee Donald Trump in the Silver State.
Persons: Joe Biden, Michigan Ross, Biden, Donald Trump Organizations: White, Times, Biden, Nevada, Silver State Locations: Las Vegas , Nevada, Nevada, Michigan, Silver
President Joe Biden is starting to win the inflation blame game against corporations. Still, voters growing frustration with businesses is a relief for the White House and Biden's reelection campaign. The consumer price index released Tuesday found that inflation ticked 0.4% higher in February, mostly matching analysts' expectations. In another welcome data point for Biden, consumer confidence has seen a record turnaround. In a CNBC interview on Monday, Trump slammed Biden's economy and "through the roof" energy and food prices.
Persons: Joe Biden, Biden, Donald Trump, Trump, he's, I'm Organizations: Granite State YMCA Allard Center of Goffstown, Times, Michigan Ross, Democratic, White, Union, University of Michigan, Financial, CNBC, Social Security, Biden Locations: Granite, Goffstown , New Hampshire, Michigan, New Hampshire
In this article BRK.A Follow your favorite stocks CREATE FREE ACCOUNTwatch nowBillionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett's right-hand man at Berkshire Hathaway, has died at age 99. In addition to being Berkshire vice chairman, Munger was a real estate attorney, chairman and publisher of the Daily Journal Corp., a member of the Costco board, a philanthropist and an architect. We've gotten good at fishing where the fish are," the then-93-year-old Munger told the thousands of people at Berkshire's 2017 meeting. Warren Buffett (L), CEO of Berkshire Hathaway, and vice chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. "Well, I would say basically we're like the captain of a ship when the worst typhoon that's ever happened comes," Munger told The Wall Street Journal in April 2020.
Persons: Charlie Munger, Warren Buffett's, Munger, Berkshire Hathaway, Buffett, Greg Abel, Benjamin Franklin, We've, Charles Thomas Munger, Alfred, Florence, Toody, didn't, Janet Lowe's, Nancy Huggins, Olson, Wheeler, Dean Scott Derue, Franklin Otis Booth, Booth, Derue, CNBC's Becky Quick, Charlie, He's, I've, Warren Buffett, Johannes Eisele, Goldman Sachs, We're, Oh goody, goody, everything's Organizations: Berkshire Hathaway, Berkshire, New, Daily Journal Corp, Costco, Buffett's Berkshire, CNBC, University of Michigan, Army Air Corps, California Institute of Technology, Scripps College, Harvard Law School, Tolles, Munger & Co, Michigan Ross Business School, Los Angeles Times, Buffett, Omaha, AFP, Getty, Bank of America, Wall Street Journal Locations: California, Munger, Pasadena , California, Berkshire, Omaha , Nebraska, Omaha, Warren, Pasadena
Millionaires often stress the importance of saving money along your journey to financial freedom. "I'm just not a believer in saving money," Corcoran tells CNBC Make It. Now, whenever Corcoran obtains money, she thinks about the best potential ways to use it, she says. "I gave half of it away to family, friends, education funds, charities, because I really believe if you spend, money comes back to you." "And I don't believe in hoarding money, saving money, everything like that.
The average age for students taking the GMAT to get into business school is on the decline. Insider interviewed graduates to determine when the best time to go to business school really is. The average age of people sitting to take their GMAT test for business school is trending slightly downwards, from 26.5 in 2014 to 25.9 in 2021. In an unconventional move, McGranahan decided to go to business school after having been offered another promotion at global cosmetics giant Sephora. "I wish my mind was a bit younger to compete with the 30- and 35-year-olds, but the right time for you is the right age to go.
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