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Peter Tuchman, right, works among fellow traders at a post on the floor of the New York Stock Exchange, Wednesday, March 4, 2020. AP Photo/Richard Drew Money is quickly pouring into the stock market as the S&P 500 trades near record highs. $602 billion has flowed into global stocks in the past five months, exceeding total stock inflows of $452 billion in the past 12 years, according to Bank of America.A continued rotation out of bonds and into stocks could continue to favor stocks, the bank said.Sign up here for our daily newsletter, 10 Things Before...
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President Joe Biden. AP Photo/Evan Vucci, File Biden wants to levy new taxes on wealthy Americans to fund sweeping childcare and education programs. The vast majority of US households - 98%, by Penn Wharton's calculations - isn't likely to experience a tax hike. The top marginal income tax could be raised, along with the capital gains tax. See more stories on Insider's business page. President Joe Biden is preparing to unveil a new set of tax hikes on the richest Americans to fund a collection of new education and childcare programs.The New York Times and Bloomberg reported on Thursday these tax increases will...
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REUTERS/Jim Urquhart Burning Man organizers will soon decide if attendees will be required to show proof of vaccination this year. CEO Marion Goodell said the festival's "radical inclusion" has to be weighed against "civic responsibility." If this year's festival does go forward, it will be capped at 69,000 attendees, down from 80,000 in prior years. See more stories on Insider's business page. Burning Man attendees may be required to show proof of vaccination if the festival takes place this year in August.On Saturday, CEO Marian Goodell walked back an earlier statement in which she said inoculations would be required of all attendees, citing feedback...
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If you buy through our links, we may earn money from affiliate partners. Learn more. Dreamcloud/Instagram Purchasing a mattress is a tough process. Doing so while balancing a budget can make things even more difficult.Mattress companies are no strangers to discounts - popular brands like Casper, Helix, Leesa, and Purple are offering price cuts that are hard to pass up, along with freebies to seal the deal. We've also arranged exclusive discounts for readers with several retailers, including Leesa, Casper, and Tempur-Pedic. We put together a list of some of the biggest bargains currently...
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A CPlant employee organizes a box of hemp for export at the company's farm on the outskirts of Tala, Uruguay, Thursday, Aug. 13, 2020. AP Photo/Matilde Campodonico Welcome to Insider Cannabis, our weekly newsletter where we're bringing you an inside look at the deals, trends, and personalities driving the multibillion-dollar global cannabis boom.Sign up here to get it in your inbox every week.Programming note: Join us on Thursday, April 29 at 1 pm Eastern. Yeji and I will be chatting with Emily Paxhia of Poseidon Asset Management and Mitch Baruchowitz of Merida Capital Partners about how to...
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Bespoke Real Estate One house in the Hamptons rented for $2 million this summer, according to CNBC. Summer rentals in the US are going fast as more people look to travel in the country because of the pandemic. The housing shortage is making it more difficult than ever to find rental homes. See more stories on Insider's business page. A house in the Hamptons rented for $2 million for the summer, according to a report from CNBC.A broker told CNBC the rental was done discreetly, without an official listing, but it's not the only sky-high summer rental property.Summer rental homes are going fast...
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