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On March 28, 1985, President Ronald Reagan made history as the first and only sitting president to ring the opening bell at the New York Stock Exchange (NYSE). Exactly 40 years later, Ronald Reagan Presidential Foundation and Institute President and CEO David Trulio, alongside Chairman and Editor-in-Chief of Forbes Media Steve Forbes, honored the 40th president’s legacy and rang the iconic opening bell.When Reagan addressed the NYSE, he was at […]

Ellen DeGeneres and Portia de Rossi's home in Montecito has sold for over its asking price.The couple placed their home on the market through Riskin Partners Estate Group of Village Properties/Forbes Global Properties, and began receiving offers within days of placing it for sale.According to People, the home received "multiple offers within two days of hitting the market," and eventually sold for $5.2 million, more than its $4.9 million asking […]

Elon Musk’s artificial intelligence company xAI has acquired the tech billionaire’s social media platform X in a blockbuster deal that values X at $33 billion.The Tesla and SpaceX CEO made the announcement on the social media platform on Friday and said the deal was an all-stock transaction that will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.He said the combination values xAI at […]

The tariff wars continued to snowball this week after President Donald Trump said he would impose a 25% tariff on all imported automobiles and parts, on top of the existing tariffs already in place on the European Union, Canada, Mexico and China.International leaders pushing back on the tariffs have repeatedly warned it will be not only be citizens in their nations that will pay the price, but American consumers, workers […]