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I recently spent a weekend staying at hotels, motels, and resorts as they reopened amid the coronavirus pandemic. The first night, I stayed at the Aqualina Inn, a budget motel near the beach in Montauk, the easternmost village in the Hamptons on New York’s Long Island. The next night, I stayed at Gurney’s Montauk Resort […]

Harvard University and the Massachusetts Institute of Technology filed a lawsuit Tuesday against US Immigration and Customs Enforcement (ICE) over a new rule that threatened many international students with deportation. The new policy said that students whose courses no longer have an in-person element because of the COVID-19 pandemic would lose their permission to be […]

Mike Hills has developed a property portfolio worth over $8 million, and he credits ‘house hacking’ with his success. House hacking is a multi-family rental property strategy in which an investor lives in one of their units while collecting rent from the others. Hills has spent the last 19 years developing an expansive portfolio, and […]

Gold rallied above $1,800 per ounce on Tuesday afternoon for the first time in nearly nine years as virus-fearing investors rushed to safe havens, and traded above that level Wednesday morning. Year-to-date inflows for gold-tracking ETFs reached 655.6 tons on Wednesday, according to Bloomberg, overtaking full-year inflows seen in 2009. Goldman Sachs sees the precious […]

AMC Entertainment is working on a refinancing deal that would help it avoid bankruptcy, Alexander Gladstone of The Wall Street Journal reported Tuesday, citing people familiar with the matter. Shares of AMC surged as much as 14% in early trading Wednesday. The company recently pushed back the opening date of its theaters, which were closed […]

Hello, Welcome to Dispensed Daily, your daily dose of healthcare news from Business Insider. Are you new to the newsletter? Sign up here to get this email in your inbox every day. A reminder from Dr. Anthony Fauci: We’re still “knee-deep” in the pandemic’s first wave. VCs just poured $5.4 billion into startups forging the […]

The American Influencer Council, a nonprofit membership trade association, formally launched on June 30 and is a first for the influencer industry. The goal of the AIC, similar to other trade organizations in areas like fashion and advertising, is to fill education gaps and advocate on behalf of influencers for industry reform. The AIC’s first […]

Germany’s Chancellor Angela Merkel has come under heavy criticism from her own party and opposition politicians who say she is not taking a tough enough line on China. It comes amid international condemnation of China’s new security law in Hong Kong, which critics say undermines the island’s independence, and which has already seen police arrest […]

Palantir, the secretive and controversial big data company, announced on Monday that it had filed to go public. Since 2004, the company has been run by cofounder and CEO Alex Karp, an unusual and eccentric leader who pursued a Ph.D. in philosophy and invested on behalf of wealthy European clients before joining Palantir. Karp is […]

The recent spike of coronavirus cases in some states is stoking concern among investors that the economy will sustain longer-term damage. Accordingly, Evercore ISI has compiled a list of stocks to buy that are shielded from the pandemic fallout and primed to beat the market. Click here to sign up for our weekly newsletter Investing […]

Institutional investors bought private bonds backed by Italy’s most powerful organized crime group in the past three years, according to a Financial Times report. Pension funds, hedge funds, family offices, and a private Italian bank bought about 1 billion euros ($1.1 billion) of the debt. In one deal, investors bought bonds linked to assets sold […]

Fox News host Tucker Carlson on Tuesday night questioned safety measures being used in some schools to slow the spread of the coronavirus. He said: “Many schools that do plan to reopen will do so under a series of restrictions that have no basis of any kind in science. It’s kind of a bizarre health […]