Explained: Why RBI Keeps Gold Reserves In Foreign VaultsThe Reserve Bank of India transferred 100 metric tonnes of gold from the United Kingdom to domestic vaults in FY24, making it one of the largest gold movements since 1991, according to reports.
Elon’s OrbitTesla Inc. is a company in disarray. Layoffs are mounting. Morale is shattered. Its stock is cratering and sales are anemic. And, some investors say, it’s got a distracted leader at the helm.
How Arnold Schwarzenegger Became A BillionaireThis story appears in the April/May 2024 issue of Forbes Magazine. Subscribe There aren’t many movies as action packed as Arnold Schwarzenegger’s actual life.
They bought homes with the intention to refinance. Now they’re stuckSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. By the time the couple secured solid jobs and could buy a home, borrowing costs more than doubled. Rather than wait, the former renters jumped into home ownership in fall 2022.
The end of merchBy the time the Yeezus tour kicked off in the fall of 2013, Abloh had launched the proto-fashion line Pyrex Vision and was well versed in remixing diverse design languages to sensational effect.
Kendrick Vs. Drake Was the Post-Truth Beef. But There’s One Thing That’s Undeniable.They’re bumping “Not Like Us” on commercial breaks for Western Conference semifinal slaughters. It’s ringing out of candy-painted lowriders and souped-up Challengers and every one of those damn wheelie-loving ATVs.
The Restaurant World Still Has a Child Care ProblemWhen Lisa Baptiste worked as a restaurant host, it was a constant puzzle finding someone to watch her 6-year-old Kennard. From Wednesday to Sunday, she’d be at the Brooklyn restaurant Beso, which serves a mix of Caribbean and American comfort food, until closing, sometimes as late as 3 a.m.
‘The Bear’ Made Ayo Edebiri a Hollywood Darling. Now She’s Making Hollywood Her Playground.Ayo Edebiri is explaining the shock of her fame to me over a spread of duck pot pie (hers) and Caesar salad topped with rib eye (mine) at Chicago’s Armitage Alehouse. (Our food belongs in this celebrity interview because, well, The Bear.
Inside The $200 Billion Billionaire FactoryAmid private credit’s gold rush, New York City’s Blue Owl is providing the “picks and shovels” for deal-hungry private equity firms. It also injects liquidity into the partnerships, minting billionaires in the process.
I'm a financial planner, and my richest clients have the same 5 habitsPaid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews.
Solve, Struggle, InventIn 1968, Fidel Castro invited an American anthropologist called Oscar Lewis to interview Cubans about their lives. Lewis was famous for an oral history project, conducted in a Mexico City slum, which he had turned into a book called The Children of Sánchez (1961).
The Ugly Truth Behind Ticketmaster’s LawsuitThe waters were chummed. Thanks to a fiasco around Taylor Swift ticket sales in late 2022, few companies have seen their predatory business practices get as bright a limelight as the one that has shone on Ticketmaster and its parent, Live Nation Entertainment.
A Tesla owner says his car’s ‘self-driving’ technology failed to detect a moving train ahead of a crash caught on cameraThe car’s owner and driver, Craig Doty II, told NBC News that he takes responsibility for the accident, but he said he also believes that Tesla’s self-driving technology, or at least as it existed in his vehicle, is a defective product. “I was the only one in the car.
Loyalty at work no longer pays — and it's employers who are to blameAs a marketing executive and a strategy, management, and operations consultant for two decades, I've heard and read a lot about employee loyalty.
Why Liberals Struggle to Defend Liberalism“Don’t mention the word ‘liberalism,’ ” the talk-show host says to the guy who’s written a book on it. “Liberalism,” he explains, might mean Hillary Clinton and Barack Obama to his suspicious audience, alienating more people than it invites.