Wayfair is becoming “too tough to defend” as the company continues to burn through cash, Piper Sandler said.
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Piper Sandler downgrades Wayfair, says stock is ‘too tough to defend’
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California’s controversial wealth tax proposal leaves billionaires with little way out
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The proposed California billionaire tax includes a special provision that makes it highly unlikely that anyone who wants to leave the state could […]
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Used vehicle pricing expected to increase 2% in 2026, a historically stable rate
A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT – Prices of used vehicles are expected to rise this year but at a historically stable rate, according to auto data and insights firm Cox Automotive. Cox on Thursday […]
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Family office deals cooled off in December, but heirs placed bets in health and media
Leonardo Maria del Vecchio attends the amfAR Gala Venezia 2023 presented by Mastercard and Red Sea International Film Festival on September 03, 2023 in Venice, Italy. Kristy Sparow | Getty Images Entertainment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the […]
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