Turkey Markets Crash After Court Unseats Opposition Head In Latest Erdogan Power Grab

Barry Diller Bets Big On Real-World Assets AI Can't Replace With MGM Resorts Bid People Incorporated, formerly IAC and run by Barry Diller, has submitted a non-binding proposal to acquire the remaining MGM Resorts shares it does not already own for $48.30 per share in cash.  The latest Bloomberg data show People Inc. owns 26.1% of MGM Resorts, or about 66.82 million shares. The offer to buy the remainder would cover roughly 73.9% of MGM that is not already owned. The $48.30-per-share offer represents a 24.1% premium to MGM's 30-day volume-weighted average...

The night before l voted against going to war in Iraq, my sister, Beverly, told me that a Knoxville television station had run a poll and found that in East Tennessee, 74 percent were in favor of going to war, 9 percent were against it, and 17 percent were undecided. In very sharp contrast, the […]

Just 27.6% Of Stocks Outperform The Market While 60% Destroy Shareholder Wealth, New Study Finds From 1926 through 2025, just 27.6% of stocks beat the broader market. Nearly 60% actually destroyed shareholder wealth, and the median stock delivered a lifetime return of -6.9%. Yet despite those sobering odds, U.S. stocks collectively created roughly $91 trillion in wealth over the last century, with just 46 companies responsible for half of it. Those are some of the headline findings from a new study by Hendrik Bessembinder of Arizona State University's W.P. Carey School...