Forbes’ Post

Barack Obama, George W. Bush and Bill Clinton made boatloads of money after leaving office—yet still nowhere near as much as the richest president in American history. https://lnkd.in/e3EzDKUV

Stocks tumbled Monday as the market digested new risks complicating the benefits of the much-awaited interest rate cuts on the equity market. The Dow Jones Industrial Average fell 0.9%, or 398 points, while the benchmark S&P 500 and tech-heavy Nasdaq fell 1% and 1.2%, respectively. Monday was the Dow and S&P’s worst respective days since Sept. 5 and the Nasdaq’s worst since last Monday. https://trib.al/XyKrBe1

For the first time ever, Forbes dug into how many superyachts are owned by America’s 400 richest people and how much they’re truly worth. Turns out it’s a bigger share of all superyachts around the world. https://trib.al/nGJ71hT #Forbes400

Here are four key findings from Vanguard’s report that illustrate how thoughtful plan designs built for today’s workforce can help employees confidently stay the course while saving for retirement. Sponsored by Vanguard

President Joe Biden is set to unveil more student loan forgiveness relief for certain borrowers in the coming days. The announcement will come before he heads to Germany next week for an official visit.

We are in the middle of a resurgence of interest in private cloud because the concept remains the best answer to solving today's growing IT cost, complexity, and compliance challenges. Sponsored by VMware

World Surf League Commissioner Jessi Miley-Dyer spoke about the patience that goes into being a surfer while backstage at the 2024 #ForbesWomenInSports Summit. https://lnkd.in/eFkGFbTC

California has banned intoxicating hemp products. The DEA is conducting raids in North Carolina. And the $28 billion hemp industry is at stake.

These 10 relatively youthful moguls have a whole lot of money—and plenty of time to spend it. Read more: https://lnkd.in/eT28naBr #Forbes400