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While the Tax Cuts and Jobs Act reduced taxes for most Americans, the rich benefited far more than others. Those who earn $1 million or more would enjoy an average tax cut of about $50,000, raising their after-tax incomes by 2.3%. Their tax cut would be $100, on average, which would bump up their after-tax incomes by 0.5%. The wealthy have already been served well by the Tax Cuts and Jobs Act, which also included multiple corporate tax changes. “Most everybody in every income group got a tax cut, but the highest-income people got by far the biggest tax cut,” said Howard Gleckman, a senior fellow at the center.
Persons: Donald Trump, John Paulson, Trump, Joe Biden, , he’ll, ” Sarafina, Howard Gleckman Organizations: CNN, Trump, Biden, White House, Congress, Tax, Center
Seth Meyers Slams Trump’s $50 Million Fund-Raiser
  + stars: | 2024-04-09 | by ( Trish Bendix | ) www.nytimes.com   time to read: 1 min
Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. ‘Not One to Exaggerate’Donald Trump made an appearance at a campaign fund-raiser held by a billionaire donor, John Paulson, in his Palm Beach home on Saturday. The Trump campaign said it raised more than $50 million. The former first lady Melania Trump was also in attendance, where, Seth Meyers joked, “she finally got to meet an actual billionaire.”
Persons: ’ Donald Trump, John Paulson, Trump, Melania Trump, Seth Meyers, , Organizations: Netflix Locations: Palm
Donald Trump's campaign said it raised $50.5 million on Saturday, a staggering reported haul as his campaign works to catch up to the fundraising juggernaut of President Joe Biden and the Democratic Party. Trump and the GOP announced earlier in the week that they raised more than $65.6 million in March and closed out the month with $93.1 million. Biden and the Democrats announced Saturday that they took in more than $90 million last month and had $192 million-plus on hand. Campaign fundraising reports filed with the Federal Election Commission detailing donations from Saturday's event are not expected until a mid-July filing date. But when checks of any amount are written to the combined campaign, the campaign and Save America get paid first by default.
Persons: Donald Trump, John Paulson, Melania Trump, , that's what's, Trump, Biden, Chris LaCivita, Susie Wiles, Bill Clinton, Barack Obama, Donald Trump's, Joe Biden, Jaime Harrison, Lara Trump, Robert Bigelow, Ron DeSantis, John Catsimatidis, Linda McMahon, Steve Wynn, Georgia Sen, Kelly Loeffler, South Carolina Sen, Tim Scott, Doug Burgum, Vivek Ramaswamy —, Nelson Mandela, South Africa's, Jasmine Harris, Jesus Christ, that's Donald Trump Organizations: America, Trump, Republican, Radio City Music Hall, Democratic Party, GOP, Mar, Democratic, Federal, Commission, Republican National Committee, Save, RNC, Save America, Florida Gov, World Wrestling Entertainment, Small Business Administration, South, Tim Scott , North Dakota Gov Locations: Palm Beach , Florida, Beach , Florida, New York, Florida, Las Vegas, Georgia, South Carolina, Tim Scott , North, York
Buoyed by an energetic State of the Union address to Congress and some extra presidential star power, the Biden campaign and its affiliated fundraising groups raised $90 million in March, nearly equaling what they raised in the first two months of 2024 combined. It comes as former President Donald Trump's campaign is only starting to kick its fundraising operation into high gear. Most of the $26 million raised for the March 28 "Three Presidents" fundraiser, which featured Presidents Joe Biden, Barack Obama and Bill Clinton as well as musical performances from Lizzo, Queen Latifah and others, came in over the course of March. The Trump campaign has not yet reported its March fundraising. The Biden campaign says that a majority of its fundraising has now come from "grassroots" donors, and it's embracing the contrast with Trump's weekend event.
Persons: Barack Obama, Bill Clinton, Joe Biden, Biden, Donald Trump's, Queen Latifah, Trump, John Paulson, It's, Donald Trump, Rob Flaherty, We've Organizations: Radio City Music Hall, Biden, Democrats, GOP, Trump, PAC, Republican National Committee Locations: New York City, Lizzo, Biden's, Palm Beach , Florida
But the rattling shook buildings in New York City and drove startled residents into the streets. Image The command room of New York City Emergency Management. Today’s earthquake Magnitude 4.8 Conn. Pa. 1964 4.5 1994 4.6 250-mile radius from New York City Md. 250-mile radius from New York City Del. While earthquakes in New York City are surprises to most, seismologists say the ground is not as stable as New Yorkers might believe.
Persons: , Kathy Hochul, ” Gov, Philip D, Murphy, Con Edison, Eric Adams, , Adams, Zach Iscol, Dave Sanders, Ron Hamburger, Valorie Brennan, Ada Carrasco, The New York Times “ I’ve, Kristina Feeley, Feeley, Folarin, “ There’s, Kolawole, Lazaro Gamio, Riyad H, Mansour, Janti, Hamburger, Michael Kemper, Clara Dossetter, David Dossetter, Dossetter, ’ ”, Lola Fadulu, Gaya Gupta, Hurubie Meko, Michael Wilson, William J . Broad, Kenneth Chang, Emma Fitzsimmons, Sarah Maslin Nir, Erin Nolan, Mihir Zaveri, Maria Cramer, Grace Ashford, Camille Baker, Liset Cruz, Michael Paulson, Patrick McGeehan, Troy Closson Organizations: , United States Geological Survey, Police Department, Fire Department, Con, Gracie Mansion, The New York Times, Whitehouse, New York City Emergency Management, Credit, Lamont, Columbia University, Maine CANADA, New York City Del, Lincoln Center, New York Philharmonic, United Nations, Children U.S, Security, New York Police, United Airlines, Newark Liberty International Airport Locations: Newark, New Jersey, Manhattan, Philadelphia, Boston, New York City, New York, Rockland County, Murphy of New Jersey, Whitehouse, N.J, California, Japan, Zach Iscol , New York, New, Northridge, Los Angeles, Califon, Marble, Ramapo, New York , New Jersey, Pennsylvania, Palisades, N.Y, N.H, Pa, New York City Md, Del, Va, Maine, R.I, Md, Palestinian, Gaza, East Coast, , York, San Francisco, Gaya
Kate Shindle, who has served as president of Actors’ Equity Association for nine years, is stepping down after a tenure dominated by the coronavirus pandemic that for a time idled all of the labor union’s members. Shindle, 47, said she expected to remain active in the labor movement, but that she was eager to resume working as an actor. The Equity presidency, leading a union that represents more than 51,000 theater actors and stage managers nationwide, is an unpaid, volunteer position. Because of the time required to manage the crises facing the union’s members, Shindle has worked so little as an actor that she hasn’t even qualified for her own union’s health insurance coverage. I’ve never been one who wanted to stay until the members threw me out.”
Persons: Kate Shindle, Shindle, hasn’t, Charlotte St, Martin, ” Shindle, “ We’ve, I’ve, Organizations: ’ Equity Association, Equity, Broadway League Locations: Charlotte
In China, which is angling to produce its own chips or get more from Nvidia, no dominant gen AI contender to OpenAI has emerged yet among dozens of Chinese tech titans and startups. Last year, funding of gen AI upstarts accounted for nearly half of $42.5 billion invested globally in artificial intelligence companies, according to CB Insights. "China is at a big disadvantage in building the foundation models for Gen AI," said Rui Ma, an AI investor and co-founder of investment syndicate and podcast TechBuzz China. China does have the tech talent to make a difference in the AI rivalry in the years ahead. Additionally, among top-tier AI researchers working at U.S. institutions, 38% have China as their country of origin, compared with 37% from the U.S.New Chinese gen AI market entries can also reach mass adoption quickly.
Persons: Ernie Bot, OpenAI, Paul Triolo, Jenny Xiao, Rui Ma, Triolo, Sora, Ma, Marco Polo, Baidu's, Ernie, Leong Organizations: Global, Trade, Hangzhou International, Nvidia, tech titans, titans Microsoft, Google, Amazon, U.S, Dentons Global Advisors, Leonis Capital, OpenAI, Paulson Institute, U.S ., Samsung, Apple, Baidu Locations: Hangzhou, Zhejiang Province, China, Washington ,, Silicon, San Francisco, The U.S, U.S, OpenAI
The highest level of contributions to the Trump 47 Committee – as the joint fundraising committee is known – is called “Ultra MAGA” and is designated for individuals who donate $814,600, the current limit that one person can currently donate to Trump 47. A Trump campaign aide did not immediately respond to an inquiry about the fundraising levels. On Thursday, Biden was joined by two former White House occupants – Barack Obama and Bill Clinton – at a star-studded New York fundraiser that the Biden campaign said brought in more than $26 million. Donations to the Trump 47 Committee benefit Trump’s campaign; his leadership PAC, which has underwritten his legal bills; the Republican National Committee and roughly 40 state party committees. The joint fundraising committee was established earlier this month, following Trump’s takeover of the RNC.
Persons: Donald Trump’s, MAGA, “ MAGA, , John Paulson, Trump, Joe Biden, Biden, – Barack Obama, Bill Clinton – Organizations: CNN, Republican Party, Trump, , Republican, White, New, Democratic Party, PAC, Republican National Committee, RNC Locations: Florida, New York
The hedge fund founder is hosting a splashy fundraising dinner for Trump April 6 at his house in Palm Beach, Florida. But Paulson is not the only GOP kingmaker who is privately gearing up to help Trump. "It's the old cast coming back together to take it across the finish line," said an advisor to one of Trump's bundlers. Many of these "old cast" members are business leaders who have been close to Trump for years. As for the money going to pay Trump's legal bills, at least some of the people attending the Paulson event don't seem to care.
Persons: Donald Trump, John Paulson, Mike Segar, Trump, Paulson, Republican megadonor Rebekah Mercer, Robert Mercer, Rebekah, Oliver Contreras, Rebekah Mercer, Todd Ricketts, Wilbur Ross, Small Business Administration Linda McMahon, Woody Johnson, Meredith O'Rourke, Susan Necheles, Brendan Mcdermid Organizations: Economic, of New, Reuters Veteran, CNBC, Trump, GOP, Republican, New York, The Heartland Institute, Washington Post, Chicago Cubs, Trump Commerce, Small Business Administration, Trump's, New York Jets, NBC News, Save America PAC, Republican National Committee, America, Former U.S, Reuters Trump Locations: of New York, Manhattan , New York, U.S, Palm Beach , Florida, Palm Beach, Trump, Washington ,, Trump's U.S, United Kingdom, Former, New York City
That's not to say predictions of a commercial real estate rebound are a sure bet. Here are four signs that support Gray's prediction that the commercial real estate market may be bottoming. (New York Community Bank had previously purchased $2.7 billion in Signature's loans and deposits, but not the real estate loans.) According to David Seifert, partner at private equity real estate firm Velocis, there are some sweet deals to be had in secondary sales of private-equity funds tied to real estate. The road aheadWhere Gray sees signs of bottoming, others think commercial real estate has much further to fall.
Persons: Warren Buffett, Buffett, Paul Getty, Getty, Steve Mnuchin —, Blackstone, Mnuchin, Donald Trump's, George Soros, John Paulson, It's, Jonathan Gray, Jim Garman, That's, Barry Sternlicht, Gray, Tracy Chen, Chen, BGO, secondaries There's, Ares, Brian King, King, David Seifert, Seifert, Velocis, Goldman Sachs, Dan McNamara, McNamara, Scott Rechler, wallop, Janet Yellen, Rechler, there's Organizations: Business, Goldman, Reuters, Starwood, Brandywine Global, Federal Reserve, . Bank, New York Community Bank, FDIC, Signature Bank, Community Bank, Fund Management, Community Preservation, New, Commercial Observer, Blackstone, Homes, Digital Realty, Polpo, RXR Locations: Blackstone, , New York, New York, BREIT, Real, Velocis
The drop in Trump's small-dollar contributors could be significant obstacle as the former president faces the well-funded incumbent president, Democrat Joe Biden. Falling behind BidenEvidence from earlier in the 2024 election cycle already hinted at an erosion of Trump's small-dollar donor base, or support of $200 or less. In January of this year, Trump's campaign reported raising around $3 million from small-dollar donors, according to data from OpenSecrets. Elizabeth Frantz | ReutersMeanwhile, Trump's campaign told The New York Times that February was its strongest month so far in the 2024 campaign cycle for small-dollar donations. Between Jan. 1 and Dec. 31, 2020, Trump's campaign raised over $264 million from small-dollar supporters.
Persons: Donald Trump, Marco Bello, Reuters Donald Trump's, Joe Biden, Biden, Trump's, Elizabeth Frantz, Trump, Shannon Stapleton, John Paulson, Howard Lutnick, Letitia James, Steve Schwarzman, Miriam Adelson, Denise Truscello, Stephen Louro, Long, Louro, Greg Abbott, Elise Stefanik, Haley, Nikki Haley, MAGA, Adrienne Arsht, Mike Segar, Paul Singer, Singer, Paul Singer David A, Singer's, Lara Trump, Jonathan Drake Organizations: Reuters, White, Republican Party, Federal, Commission, U.S, Capitol, Washington , D.C, New York Times, CNBC, Trump, Republican National Committee, RNC, New York, Court, Trump Organization, AFP, Getty, PAC, Democrats, Blackstone, Cleveland Clinic Lou, Brain Health, MGM, Garden, Hamptons, Republican, New York Republican, Republican Texas Gov, South Carolina Gov, Former South Carolina, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, Republicans, Haley, Grogan, American Opportunity Alliance, Politico, North, North Carolina GOP Locations: Lago, Palm Beach , Florida, U.S, Washington ,, New York City, Las Vegas , Nevada, York, Former, Miami , Florida, Houston, New York, North Carolina, Greenville , North Carolina
From 1985 to 2002, he worked at Goldman Sachs, one of the most storied — and criticized — investment banks on Wall Street. He famously swooped in to turn around the struggling IndyMac bank after its failure in the financial crisis of 2008. Earlier this month, Mnuchin jumped back into the headlines when his PE firm led a roughly $1 billion investment in embattled New York Community Bancorp. In 2009, OneWest Bank Group, where Mnuchin was chairman and CEO, bought the troubled IndyMac after federal regulators took over the bank. Mnuchin was Treasury secretary in 2020, when the Trump administration brokered a deal where Oracle and Walmart would take a large stake in TikTok.
Persons: Steven Mnuchin, Donald Trump’s, Goldman Sachs, Mnuchin, Max, Mnuchin's dealmaking, Robert Weissman, ” Weissman, Robert Rubin, Clinton, Weissman, couldn’t, NYCB, George Soros, John Paulson, OneWest, Kevin Kaiser, , ” Kaiser, Maxine Waters, , Trump, doesn't, Chris Caulfield, ” Caulfield, ” ___ Rugaber Organizations: Trump, Public Citizen, Treasury, Treasury Department, Liberty Strategic Capital, Citizens, New York Community Bancorp, OneWest Bank Group, Federal, of Insurance Corp, FDIC, Wharton School, Oracle, Walmart, CNBC Locations: Wall, TikTok, Saudi Arabia, East, Washington, Congress, U.S, China, West Monroe,
“A Wonderful World,” a new musical about Louis Armstrong, will have a run on Broadway starting in the fall. The musical, which has previously been staged in Miami, New Orleans and Chicago, will star James Monroe Iglehart, who a decade ago won a Tony Award for originating the role of the Genie in “Aladdin,” and who is now starring as King Arthur in a Broadway revival of “Spamalot.”The show is scheduled to begin previews Oct. 16 and to open Nov. 11 at Studio 54, where the musical “Days of Wine and Roses” is now playing a limited run. When Armstrong died in 1971, the trumpeter and singer left a legacy as one of the most important figures in the history of jazz. The show examines his life through the eyes of his four wives.
Persons: Louis Armstrong, James Monroe Iglehart, , , King Arthur, Armstrong Organizations: Broadway Locations: Miami , New Orleans, Chicago
Is Broadway facing a bonanza or a blood bath? For potential ticket buyers, there will be a dizzying array of options. In early April, about 38 shows should be running on Broadway (the exact number depends on unexpected closings or openings between now and then). “From a consumer point of view, we’re excited about the amount of choice there is on Broadway,” said Deeksha Gaur, the executive director of TDF, the nonprofit that runs the discount TKTS booths. But the density of late-season openings — 11 plays and musicals over a nine-day stretch in late April — has producers and investors worried about how those shows will find enough ticket buyers to survive.
Persons: , , Deeksha Gaur, TDF Organizations: Broadway
There’s busy, and then there’s bonkers. “Sweeney” wanted new stars in January, the same month as the “Mattress” production. She would have to simultaneously master two scores and two stagings while building the bespoke concert shows and learning to speak with a Cockney accent. And even if, as it turned out, “Sweeney” was willing to wait until her “Mattress” run ended, she’d still have to do double duty — rehearsing “Sweeney” during the day while performing “Mattress” at night. It was just five days after she took her final bows as Princess Winnifred the Woebegone, a coarse but determined marriage candidate in “Once Upon a Mattress,” and the applause was thunderous.
Persons: There’s, there’s bonkers, Sutton Foster, Café Carlyle, “ Sweeney Todd, , “ Sweeney ”, she’d, Lovett, Aaron Tveit, Winnifred Organizations: Center, Carnegie Hall, Broadway Locations:
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFrom Michael Burry's "Big Short" against the housing market to Warren Buffett's warnings during the dot-com bubble, some of the biggest names in finance have taken contrarian stances that paid off. Legendary forecaster Gary Shilling is also defying market consensus by warning the S&P 500 could crash 30%, and predicting a recession will strike this year. He told Business Insider in an interview he actively seeks to disagree with Wall Street for several reasons. This story is available exclusively to Business Insider subscribers.
Persons: , Michael Burry's, Warren Buffett's, Gary Shilling, Shilling, Merrill Lynch's, John Paulson, doesn't, Copernicus, David Rosenberg, it's Organizations: Service, Business Locations: Newton
NEW YORK (AP) — Even as Catholic dogma continues to repudiate same-sex marriage and gender transition, one of the most prominent religious orders in the United States — the Jesuits — is strengthening a unique outreach program for LGBTQ+ Catholics. James Martin, a Jesuit who is one of the country's most prominent advocates for greater LGBTQ+ inclusion in the Catholic Church. On Tuesday, there was another milestone for Outreach — the appointment of journalist and author Michael O'Loughlin as its first executive director. The latest expansion of Outreach occurs amid a time of division within the global Catholic Church as it grapples with LGBTQ+ issues. “It’s a special grace for LGBTQ Catholics to know that the pope is praying for them," Martin said.
Persons: James Martin, Michael O'Loughlin, O'Loughlin, , they’re, ” O'Loughlin, Pope Francis, Martin, ” Martin, “ Pope Francis, Brian Paulson, Jesus, ” Paulson, Martin's, , Cardinal Timothy Dolan, Tania Tetlow, Archbishop John Wester Organizations: Jesuit, Catholic Church . Outreach, America, Associated Press, Vatican, Outreach, Jesuit Conference of Canada, Fordham University, Church, Lilly Endowment Inc, AP Locations: United States, New York City, America, U.S, Africa, Europe, Ireland, New York, Santa Fe , New Mexico
If you were among the many who wondered why anyone would make a "Mr. and Mrs. Smith" reboot, this time without Brad Pitt and Angelina Jolie, when the project was announced in 2021, you'd be forgiven. "Mr. and Mrs. Smith," co-created by Donald Glover and Francesca Sloane (who previously worked with Glover on "Atlanta") remixes the film's premise. AdvertisementThis central relationship is the true hook of "Mr. and Mrs. Smith," a show that's more about cultivating intimacy and vulnerability than it is espionage. While a previous iteration of the series starred "Fleabag's" Phoebe Waller-Bridge alongside Glover, it's hard to imagine "Mr. and Mrs. Smith" without Erskine. All eight episodes of "Mr. and Mrs. Smith" are streaming now on Prime Video.
Persons: Smith, Brad Pitt, Angelina Jolie, you'd, Pitt, Jolie, Donald Glover, Francesca Sloane, Glover, John, Jane Smith, Maya Erskine, Jane, David Lee, Erskine's Jane, Glover's John Smith, they've, Sarah Paulson, Michaela Coel, Paul Dano, Toby, Ron Perlman, Fleabag's, Phoebe Waller, it's, Erskine, Glover's John, Erskine elucidates, David Fleming's unnerving Organizations: Service, Business, New, New York City Locations: New York City, New York
The Obie Awards, a scrappy but venerable annual competition honoring the best theater staged Off and Off Off Broadway, has chosen “Dark Disabled Stories,” Ryan J. Haddad’s autobiographical work inspired by his experiences navigating the city with cerebral palsy, as the best new American play. The prize was announced on Saturday night, both by news release and on Spectrum News NY1, as the American Theater Wing, which presents the Obies, decided to forgo a costly ceremony — in most nonpandemic years, the Obies have been handed out at a boozy and often boisterous party — and instead to give grants of $1,000 to $5,000 directly to the winning artists and arts institutions. “These are unprecedented times, and it’s extremely challenging for theater right now, so we absolutely want to celebrate the achievements of Off and Off Off Broadway, but in doing so we want to have the most impact by putting money directly in the pockets of the artists and the companies making the work,” said Heather A. Hitchens, the Wing’s president and chief executive. “Everybody likes a party, and maybe some day it will make sense to do that again, but we’re not made of money — we’re a nonprofit, so how can we use our resources to be the greatest force for good right now?”The Obies, created by the Village Voice in the mid 1950s, have been in flux for years as the Voice foundered and the pandemic battered the theater industry. The Wing, with a board led by artists, has kept the Obies afloat with a combination of in-person and streaming ceremonies.
Persons: ” Ryan J, , Heather A, Hitchens, , we’re, Organizations: Spectrum News NY1, American Theater, Village
Christopher Abbott was about halfway through a performance of “Danny and the Deep Blue Sea” when he felt something go wrong. The 37-year-old actor had been sitting onstage — his character, a brutish trucker, proposing marriage to a tormented woman played by Aubrey Plaza — and as he went to get up, he couldn’t straighten his leg. That early December injury — he had a bucket handle meniscus tear — was followed in short order by a case of Covid and arthroscopic surgery. And then he returned to the stage, performing for several weeks on crutches, through the end of the show’s 11-week run on Saturday night. The run, staged Off Broadway at the 295-seat Lucille Lortel Theater, was unusually bumpy.
Persons: Christopher Abbott, “ Danny, Aubrey Plaza, , John Patrick Shanley, Lucille Lortel Organizations: Aubrey Plaza — Locations: Bronx
Brad Falchuk remembers earning his first real writer's credit on the sci-fi series “Earth: Final Conflict” in 2001. This month, Falchuk debuted his first Murphy-less project, a dark comedy he co-created with newcomer Byron Wu, called “The Brothers Sun.” It's under his Brad Falchuk Teley-Vision banner. Falchuk also served as co-showrunner with Wu in an otherwise all-Asian writers room. Wu credits Falchuk for pushing him — and the other writers — to authenticate their writing. Falchuk and Wu landed Oscar winner Michelle Yeoh for the pivotal role of the mother, Eileen.
Persons: Brad Falchuk, Falchuk, , “ Nip, Tuck, Ryan Murphy, Murphy, Byron Wu, It's, Brad Falchuk Teley, Wu, ” Falchuk, , , Charles, Justin Chien, Bruce, Sam Song Li, Oscar, Michelle Yeoh, Eileen, Said Wu “, ‘ I’m, ” Yeoh, Yeoh, He’s, we’ve, ” Yeoh relishes, Jessica Lange, Angela Bassett, Sarah Paulson, Billy Porter, Evan Peters, Lea Michele, Darren Criss, Michaela Jaé Rodriguez, , that’s Organizations: Beverly Wilshire Locations: Taipei, Los Angeles
Jeffrey Ubben, Founder & CEO at ValueAct Capital, speaks on the Reuters Newsmaker event "The Future of Shareholder Activism" in Manhattan, New York, U.S., February 22, 2017. Ubben told investors in a memo he was winding down some funds and returning capital, two people familiar with the matter said on Wednesday. Ubben and Inclusive Capital, known as InCap, did not respond to calls and emails for comment. Last year more hedge funds closed their doors than launched, data from Hedge Fund Research show. More than two decades ago, Ubben, 61, who started his career at mutual fund giant Fidelity, founded ValueAct Capital in San Francisco.
Persons: Jeffrey Ubben, Andrew Kelly, Jeff Ubben, Ubben, InCap, Martha Stewart, John Paulson, Louis Bacon, Svea Herbst, Bayliss, Sabrina Valle, Josie Kao Organizations: ValueAct, Reuters, REUTERS, Capital Partners, Inclusive, Hedge Fund Research, Fidelity, Microsoft, Street Journal, Exxon, Rad Laboratories, Unifi Inc, Bayer, Svea, Thomson Locations: Manhattan , New York, U.S, San Francisco, Houston
Market prophet Gary Shilling issued a raft of dire warnings to investors in an interview this week. Stocks may crash 30%, a recession is imminent, and commercial real estate is a bubble about to burst, he said. AdvertisementStocks could crater by 30%, the US economy is careening toward recession, and commercial real estate is a bubble about to burst, a legendary market prophet warned this week. "I think the biggest bubble right now is commercial real estate. This isn't of the magnitude of the subprime-mortgage bonanza, but I think it is a bubble which is beginning to crack."
Persons: Gary Shilling, Shilling, , Julia La Roche, I've, they've, we're, John Paulson Organizations: Service, Federal Reserve
John Paulson made a fortune on Wall Street betting the housing market would collapse. His reinvention as a property tycoon opening Puerto Rico to the wealthy is proving trickier. The 67-year-old has spent hundreds of millions of dollars over a decade buying and developing luxury resorts, condos and high-rise offices in the U.S. territory. The island’s government has introduced tax breaks to attract rich home buyers and businesses, and Paulson has said the opportunity is akin to Miami before its epic boom in the 1980s.
Persons: John Paulson, Paulson Organizations: Wall Locations: Puerto Rico, U.S, Miami
NFL roundup: C.J. Stroud breaks out as Texans clip Bucs
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +9 min
Stroud led a 75-yard drive in 40 seconds after Baker Mayfield put Tampa Bay ahead with a 14-yard touchdown pass to Cade Otton, the duo's second scoring hookup of the day. Stroud completed 30 of 42 passes, connecting with Noah Brown six times for 153 yards, including a 75-yard touchdown. Mayfield connected on 21 of 30 passes for 265 yards for the Buccaneers (3-5), who lost their fourth straight game. Vikings 31, Falcons 28Joshua Dobbs fired a go-ahead, 6-yard touchdown pass to Brandon Powell with 20 seconds remaining, and Minnesota beat host Atlanta. Tune completed 11 of 20 passes for 58 yards, threw two interceptions and lost a fumble on one of Cleveland's seven sacks.
Persons: C.J ., Shaquil Barrett, Troy, Stroud, Tank, . Stroud, Baker Mayfield, Cade Otton, Noah Brown, Dalton Schultz, Dell, Dare Ogunbowale, Ogunbowale, Ka'imi Fairbairn, Mayfield, Joe Burrow, Josh Allen, Stefon Diggs, Joe Mixon, Mixon, Tee Higgins, Allen, Diggs, Dalton Kincaid, Joshua Dobbs, Brandon Powell, Dobbs, Jaren, Taylor Heinicke, Mary, A.J . Brown, DeVonta Smith, Kenneth Gainwell, Dak Prescott, CeeDee Lamb, Lamb, Patrick Mahomes, Bryan Cook's, Tua Tagovailoa, Raheem Mostert, Hill, Keaton Mitchell, hadn't, Gus Edwards, Odell Beckham Jr, Justin Tucker, Seattle's Geno Smith, Jaxon Smith, Njigba, Cleveland, Clayton Tune, Tune, Jordan Love, Aaron Jones, Brett Rypien, Matthew Stafford, Rypien, Sam Howell, Howell, Chad Ryland, Washington, Jahan Dotson, Joey Slye, Paulson Adebo, Adebo's takeaways, Derek Carr, Tyson Bagent, Justin Fields, Kenny Moore, Moore, Bryce Young's, Josh Jacobs, Antonio Pierce, Josh McDaniels, York's Daniel Jones, Jones Organizations: Houston Texans, Tampa Bay Buccaneers, NRG, Tank Dell, ., Tampa Bay, Texans, Buccaneers, Bengals, Bills, Cincinnati, Buffalo, Vikings, Falcons, Atlanta, Arizona Cardinals, Eagles, Cowboys, Philadelphia, Dallas, Chiefs, Dolphins, Kansas City, NFL, Miami, Ravens, Seahawks, Baltimore, Seattle, AFC, Browns, Cardinals, Buffalo Bills, Packers, Rams, Patriots, Washington, New England, New, Saints, Bears, Chicago, Colts, Panthers, Indianapolis, Carolina, Pro Football, Raiders, Giants, Las Vegas, The Raiders, Las, ESPN, Thomson Locations: Houston , Texas, USA, C.J . Stroud, Troy Taormina, Tampa, Dell, Buffalo . Buffalo, Minnesota, Miami, Frankfurt, Germany, Arizona, Green, Los Angeles, New, Foxborough, New England, New Orleans, Charlotte, N.C, Carolina, Las, New York, Las Vegas, York
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