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Mark Walter’s sports empire offers a glimpse of the money machine behind private credit—and the plumbing keeping it together
NewsAugust 28, 20266 min read

Mark Walter’s sports empire offers a glimpse of the money machine behind private credit—and the plumbing keeping it together

Mark Walter’s sports empire made him one of the most recognizable owners in American sports. His financial empire was considerably less visible, even though it was hiding in plain sight.…

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Women want ‘dads,’ not ‘duds’: A Nobel-winning historian has a theory for falling birthrates, but the economics aren’t so straightforward
NewsAugust 28, 20267 min read

Women want ‘dads,’ not ‘duds’: A Nobel-winning historian has a theory for falling birthrates, but the economics aren’t so straightforward

The world’s most powerful economies are increasingly alarmed by their declining birthrates, and there’s no shortage of theories on why. SpaceX founder Elon Musk suggests society is “teaching a fear…

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American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out
NewsAugust 28, 20265 min read

American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out

No one seems to love the great outdoors as much as billionaires do.  Recommended Video America’s wealthiest are snapping up huge swaths of farmland, and while some are using it…

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OTC Markets CEO: 250 years of market history just collided with a new SEC rule
NewsAugust 28, 20265 min read

OTC Markets CEO: 250 years of market history just collided with a new SEC rule

In 2026, the SEC has moved on two fronts that will define the next chapter of American public markets. On January 28, it confirmed that tokenized securities remain securities. In…

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The CEO of $1.2 billion learning platform Preply says it all started with his online search for an English tutor
NewsAugust 28, 20265 min read

The CEO of $1.2 billion learning platform Preply says it all started with his online search for an English tutor

Behind the glitz of multimillion-dollar funding rounds that define today’s unicorns are often years of founder sacrifices and barely-there paychecks. Kirill Bigai, the cofounder and CEO of online education marketplace…

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Fortune Archives: Baseball’s salary cap fight is 40 years in the making
NewsAugust 28, 20264 min read

Fortune Archives: Baseball’s salary cap fight is 40 years in the making

When Peter Ueberroth took over as Major League Baseball commissioner in 1984, he inherited a problem that still hangs over baseball four decades later: a widening financial disparity between its…

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Meet the 18-year-old junk remover who vibe-coded his own pricing calculator and makes up to $15,000 a month
NewsAugust 28, 202611 min read

Meet the 18-year-old junk remover who vibe-coded his own pricing calculator and makes up to $15,000 a month

Carter Grandbois was 16 years old, working for a junk-removal operator in Johnstown, Colorado, when he noticed the cash. His boss kept a thick stack of it in the center…

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The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them
NewsAugust 28, 20268 min read

The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them

The billionaire exodus from the West Coast to Florida is underway as the ultrawealthy seek refuge from wealth taxes in states like California and Washington. Recommended Video Google cofounders Larry…

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Despite his $2.6 billion net worth, MrBeast said he’s had to borrow cash and didn’t even have enough money in his bank account to buy McDonald’s
NewsAugust 28, 20265 min read

Despite his $2.6 billion net worth, MrBeast said he’s had to borrow cash and didn’t even have enough money in his bank account to buy McDonald’s

Some successful entrepreneurs sitting atop billion-dollar businesses say they may look rich on paper, but take a peek into their bank accounts, and they’re actually cash poor. Social media mogul…

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Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check
NewsAugust 28, 20264 min read

Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check

Taxing all 938 billionaires at 100% wouldn’t stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says taxing them 5% cuts you a check Recommended Video The richest…

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Featured

1 Canada and Asia already have the trade agreements, expert agencies, joint business councils and chambers of commerce to facilitate the flow of goods and services. Yet with all this support, too few business people—on either side of the Pacific—know what’s going on.

Canada’s pivot to Asia is finally real. The challenge is that neither side knows much about the other

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Dell’s latest reinvention is here — and it reveals the AI boom happening ‘on-premise.’ The markets missed it 

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Current refi mortgage rates report for Sept. 4, 2026

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Current ARM mortgage rates report for Sept. 4, 2026

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