Morgan Stanley Pays Gorman $27 Million for His Year as Chairman
Morgan Stanley paid former boss James Gorman $27 million for his work as executive chairman last year after he handed the chief executive officer reins to his successor, Ted Pick.
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Very Concerned About Tariffs: Heritage Foundation’s Hale
Andrew Hale, Senior Policy Analyst for Trade Policy at the Heritage Foundation, shares his thoughts on President Trump’s reciprocal tariffs announcement and states that if these tariffs are maintained the United States may get a recession and high inflation. Hale also discusses how he believes these tariffs could deter President Trump’s agenda, create victories for the Democratic party, and affect Trump’s MAGA base. Andrew Hale speaks with Kailey Leinz and Joe Mathieu on the late edition on Bloomberg’s “Balance of Power.” (Source: Bloomberg)
Brad Setser on the Damage From Trump’s Gigantic Tariff Shock
What does a good outcome look like?
Trump Tariffs Crater Stocks Again as China Retaliates
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The NBA’s 65-Game Rule For Awards Is Wreaking Havoc On The All-NBA Teams
Luka Doncic, Kevin Durant and Jalen Brunson all may be ineligible to make an All-NBA team this year, which could have major trickle-down effects leaguewide.