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hoarding

Scott Galloway says don’t aspire to be a billionaire because ‘it’s not going to get you anything’—here’s what to do with money instead of hoarding it

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Marketing professor and entrepreneur Scott Galloway has a message for the wealthy: Once you hit your number, there’s no reason to keep hoarding cash. During an appearance on Simon Sinek’s podcast “A Bit of Optimism,” Galloway shared his philosophy on money and happiness, arguing accumulating wealth beyond a certain threshold brings no additional fulfillment. The … Read more

‘Companies are clearly hoarding workers’: Data shows job openings barely budget, layoffs and quits plummet

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U.S. jobs openings were essentially unchanged million last month amid economic uncertainty arising from President Donald Trump’s trade policies and an impending government shutdown. The Labor Department reported Tuesday that job openings blipped up to 7.23 million from 7.21 million in July. Economists had forecast a drop to 7.1 million. The Job Openings and Labor Turnover … Read more

Tesla bull Dan Ives now chairs a company hoarding a Sam Altman-linked cryptocurrency

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Crypto’s newest craze is attracting some big names—including one of Tesla’s biggest bulls. On Monday, Dan Ives, an analyst at the financial advisory firm Wedbush Securities and one of the most vocal cheerleaders behind Elon Musk’s electric car company, became chair of a small, publicly traded company that aims to load its balance sheet with … Read more

Crypto hoarding brings a stock pop for small firms—and in some cases shows patterns of possible insider trading

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In mid-July, the stock for the cancer drug developer MEI Pharma skyrocketed. It wasn’t because the small company, first listed on the Nasdaq in 2003, had discovered a blockbuster cancer cure. Rather, MEI Pharma’s soaring share price coincided with the company’s decision to buy up $100 million of the cryptocurrency Litecoin for its treasury. The … Read more

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