Bill Ackman slams California wealth tax as ‘expropriation’ of private property

Bill Ackman slams California wealth tax as ‘expropriation’ of private property

The Agency founder and CEO Mauricio Umansky joins Varney & Co. to warn that California’s rent control and wealth taxes are driving out builders, investors and middle-class families. Billionaire hedge fund manager Bill Ackman has blasted California’s proposed wealth tax as a potential government seizure of private property, arguing such taxes have failed everywhere they…

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Israeli tech CEO calls on US govt to 'limit' First Amendment,' take control of social media to prevent 'lies'

Israeli tech CEO calls on US govt to ‘limit’ First Amendment,’ take control of social media to prevent ‘lies’

Israeli tech entrepreneur and Cato Networks co-founder Shlomo Kramer argued on Monday’s episode of CNBC’s “Money Movers” that the American government must restrict freedom of speech in the age of AI. Israeli billionaire tech entrepreneur and Cato Networks co-founder Shlomo Kramer argued on Monday’s episode of CNBC’s “Money Movers” that governments must restrict freedom of…

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Widening K-shaped economy pattern across income groups

Widening K-shaped economy pattern across income groups

The Big Money Show panelists discuss a report indicating that Gen Z is cutting back on holiday gifts, opting for experiences and personal presence over physical items. The U.S. is showing signs of a “K-shaped” economy with spending among lower-income consumers showing little growth in comparison to their higher-income counterparts, a new analysis from the Bank…

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Trump administration scales back proposed tariffs on Italian pasta makers following review

Trump administration scales back proposed tariffs on Italian pasta makers following review

‘The Big Money Show’ panel discusses President Donald Trump’s push for a 2026 economic boom as inflation cools, wages rise and tariffs deliver billions in revenue. The U.S. is backing off proposed tariffs that threatened to deal a major blow to Italy’s pasta industry, reducing duties on several leading producers. After an investigation into allegations…

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Sprinkles Cupcakes permanently closing all stores after 20 years in operation, founder says

Sprinkles Cupcakes permanently closing all stores after 20 years in operation, founder says

Baked by Melissa CEO Melissa Ben-Ishay joins ‘Mornings with Maria’ to share how getting fired inspired her to build a multimillion-dollar cupcake empire through grit, passion and love. Sprinkles Cupcakes, the bakery chain best known for its cupcake ATMs, is permanently closing all of its stores. Candace Nelson, the company’s founder and former owner, confirmed…

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