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The Longtime California Home of Intel Co-Founder Gordon Moore is Listing for $29.5 Million

The Longtime California Home of Intel Co-Founder Gordon Moore is Listing for $29.5 Million

The longtime Silicon Valley home of the late computer-industry pioneer Gordon Moore is going on the market for $29.5 million.
The Intel co-founder and his wife, Betty Moore, bought the 25-acre Woodside property in 1991 for about $6 million, according to Gordon Clark, president of the conservation nonprofit Peninsula Open Space Trust. Moore left his estate to the trust, which is selling the home.

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Start your week smart: Inside the Trump-Musk feud, LA immigration clashes, military parade, Tony Awards, French Open
Start your week smart: Inside the Trump-Musk feud, LA immigration clashes, military parade, Tony Awards, French Open

CNN

time37 minutes ago

  • CNN

Start your week smart: Inside the Trump-Musk feud, LA immigration clashes, military parade, Tony Awards, French Open

Every parent wants their children to be happy and healthy, but admit it: If they just happen to grow up to be professional athletes or tech entrepreneurs, so much the better. Well, it turns out that the key to raising an ultra-successful kid is not something special you should do — it's something you should not do. Here's what else you need to know to start your week smart. Get '5 Things' in your inbox If your day doesn't start until you're up to speed on the latest headlines, then let us introduce you to your new favorite morning fix. Sign up here for the '5 Things' newsletter. It's over. For now, at least. The once chummy relationship between President Donald Trump and billionaire Elon Musk imploded in a flurry of back-and-forth insults and allegations that played out on social media for all the world to see. Trump told CNN they won't be burying the hatchet anytime soon. 1️⃣ How it started: The animosity ramped up considerably when Musk called Trump's massive tax and domestic policy bill 'a disgusting abomination.' Then he shared old comments from Republicans about government spending. Things quickly went off the rails. 2️⃣ Ugly insults: The president and the world's richest man traded jabs about policy flip-flops and the 2024 election before things got increasingly personal. These are the nastiest things they said. 3️⃣ Social squabble: Trump may have finally been outmatched — by the owner of the platform he used to love. Musk wielded his X account like a political weapon while the president tried to keep up on Truth Social. 4️⃣ How people reacted: Conservatives lamented the feud and appeared torn between their two central heroes. Fox News — Trump's biggest media ally — treated this like a mere blip in their friendship. A Washington power couple straddles the line. 5️⃣ What's next? Trump floated the idea of terminating Musk's government contracts and said he will 'pay the consequences' if he starts funding Democrats. It remains to be seen where things go from here. The president often reconciles with allies, even after ugly things are said. • Trump deploys National Guard in response to LA clashes on immigration enforcement• Russia claims to have pushed into central Ukrainian region for first time• Federal judge approves $2.8B settlement, paving way for US colleges to pay athletes millions MondayPresident Trump's travel ban that bars the entry of nationals from 12 countries into the US goes into effect at 12:01 a.m. People from Afghanistan, Myanmar, Chad, the Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen will be fully restricted. Travelers from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela will face partial restrictions. 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Who's Paying For Trump's Tariffs? You Are, Businesses Say
Who's Paying For Trump's Tariffs? You Are, Businesses Say

Yahoo

time39 minutes ago

  • Yahoo

Who's Paying For Trump's Tariffs? You Are, Businesses Say

Companies are raising prices in response to President Donald Trump's tariff campaign, according to surveys. Some companies are passing the full cost to customers, while others are eating some of the costs themselves. Some companies have begun emailing customers to let them know prices are rising because of tariffs. One luggage company emailed its customers to say they were raising prices in response to the "dumpster fire" there was any doubt about who would ultimately pay the cost of Donald Trump's new import taxes, businesses have a clear answer: according to recent surveys and anecdotes collected by Federal Reserve banks and released this week. Separate survey results released this week from a few regional Fed outposts found that companies in their area are passing on at least some of their tariff costs to consumers. Most businesses in New York and northern New Jersey passed at least some of their tariff costs on to customers—a third of manufacturers and 45% of service firms passed along the entire cost, a survey by the New York Fed in May found. An April survey of regional businesses by the Atlanta Fed found that most firms would pass at least some of the tariff costs on to customers, with nearly 20% saying they'd pass on the entire cost of a hypothetical 10% top of that, the Fed's "beige book" compilation of reports from around the country was full of stories about businesses raising prices to make up for the increased cost of surveys and report shed light on a question with major implications for household budgets and the economy: how much will Trump's tariffs push up prices for everyday goods and services? Since February, Trump has imposed a dizzying and frequently changing array of import taxes, including a 10% tariff on items from most countries and a 25% tariff on many foreign cars. Averaged together, goods imported from overseas are facing a 15.6% tariff, the Yale Budget Lab calculated last issue of who, exactly, will pay the cost of those tariffs has been politically explosive. Amazon drew a barrage of criticism from the White House in April after it floated plans to show the cost of tariffs on the price tags in its online store. Similarly, Trump blasted Walmart after its executives said tariffs would push up prices, and the president demanded the retailer "eat" the cost of the tariffs. As recent surveys suggest customers will be chowing down on at least some of the tariff costs, companies are giving their customers the bad news up front. Companies in various industries are emailing their customers and alerting them to price increases, blaming example, Typology, a company that sells imported skincare products from France, emailed its customers to say it was absorbing much of the cost of the tariffs, but was implementing a "modest price adjustment" between 0.5% and 4.5%. Tonies, a maker of an audio player for children, said it was raising prices for some of its figurines to $19.99 from $14.99. BÉIS, which sells imported luggage, went viral on LinkedIn last month for its notably candid email about the unpredictable tariff policies. "This tariff situation is a complete dumpster fire, and we're all getting burned," the company's marketing team wrote. "Costs are up, and unfortunately our prices will have to follow suit." Read the original article on Investopedia Sign in to access your portfolio

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