Business & Finance

First lady’s ex-best friend tells all in revenge book ‘Melania & Me’

3 weeks ago

Melania Trump, it should be Stephanie Winston Wolkoff, her lovey-dovey, emoji-wielding close friend of nearly two decades who has written an “I was betrayed!” book to beat all.” data-reactid=”6″If anyone is capable of plumbing the shallows of the enigma that is first lady Melania Trump, it should be Stephanie Winston Wolkoff, her lovey-dovey, emoji-wielding close friend of nearly two decades who has written an “I was betrayed!” book to beat all.

, out Tuesday) joins the recent crop of Trump family take-down books as the November election nears, including “Too Much and Never Enough,” the best-selling psychological dissection of Mary Trump’s uncle, President Donald Trump.” data-reactid=”7″”Melania and Me: The Rise and Fall of My Friendship With the First Lady” (Gallery Books, out Tuesday) joins the recent crop of Trump family take-down books as the November election nears, including “Too Much and Never Enough,” the best-selling

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U.S. Stock Market Looks Overvalued to Corporate Finance Chiefs

3 weeks ago

(Bloomberg) — Corporate finance chiefs say something looks off with the U.S. stock market.

About 84% of chief financial officers said equities are too expensive in a quarterly survey conducted by Deloitte LLP — the second-highest level in the decade since the accounting and consulting firm began collecting the data. Only 2% of respondents said U.S. stocks look cheap.

That may not come as a surprise with the S&P 500 trading at all-time highs, up 55% from March lows, but the data provide further insight into the views of corporate management, particularly the finance departments responsible for capital expenditures. At 27 times earnings, the S&P 500’s price-earnings ratio is hovering near the highest level since the early 2000s.

Deloitte collected responses from 155 CFOs across North America, most of whom work at companies with more than $1 billion in annual revenue. The survey spanned Aug. 3 to Aug. 7. Since

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Crypto Long & Short: What Are Regulators Thinking?

4 weeks ago

came out last month that the U.S. Office of the Comptroller of the Currency (OCC) had cleared banks to custody crypto assets, you may remember that I expressed surprise that the new crypto-friendly Acting Comptroller Brian Brooks had managed to get such a bold move through the channels of bureaucracy so fast. It turns out that he didn’t.” data-reactid=”19″When the news came out last month that the U.S. Office of the Comptroller of the Currency (OCC) had cleared banks to custody crypto assets, you may remember that I expressed surprise that the new crypto-friendly Acting Comptroller Brian Brooks had managed to get such a bold move through the channels of bureaucracy so fast. It turns out that he didn’t.

working on this letter for some time, according to regulatory sources who spoke to my colleague Nik De. ” data-reactid=”20″Apparently the OCC had been working on this letter for some

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