TheStreet on LinkedIn: Beyoncé's net worth: How the ‘Flawless’ singer amassed her fortune (2024)

Former WWE Executive Chair Vince McMahon is firing back at some of the claims in the sex trafficking lawsuit that was filed against him on Jan. 25 by former WWE employee Janel Grant.In the lawsuit, Grant accuses McMahon of trafficking her and subjecting her to “acts of extreme cruelty and degradation” during her employment at WWE between 2019 and 2022. Now, the lawsuit is getting even more messy.

Love to fly? Some of the world’s best-paid pilots make money delivering cargo — not passengers. FedEx Corp. operates the world’s largest cargo airline through its subsidiary, FedEx Express. Every day, its fleet of 5,000 pilots and 697 aircraft transport packages and freight to millions of customers in 220 countries around the globe, accounting for 40% of FedEx’s total revenues. FedEx Express’ “SuperHub” headquarters is located at Memphis International Airport, with additional hubs across the United States in Anchorage, Fort Worth, Indianapolis, Newark, and Oakland. Abroad, you’ll find their familiar purple and orange logo in airports in Cologne, Dubai, Milan, Osaka, Paris, and Shanghai.Becoming a FedEx pilot could be an aspiring aviator's ticket to traveling the world, earning competitive pay and benefits, and avoiding the hassle of piloting passenger aircraft. But just how much does the shipping and logistics giant pay its cargo pilots?

The decision behind Tesla cutting its Supercharger team was allegedly not as planned out as the other layoffs the company conducted a few weeks prior.And a new report gives an inside look at Elon Musk’s abrupt decision to cut one of the company’s most important teams.

The billionaire investor Stanley Druckenmiller earned much of his superstar reputation working with investment icon George Soros from 1988 until 2000.Their most celebrated play was a bet against the British pound in 1992. They “broke the Bank of England,” as commentators put it, reportedly earning a sweet $1 billion.After he left Soros, Druckenmiller managed his own hedge fund, Duquesne Capital. In 2011, he switched to a family office – Duquesne Family Office. His successful track record makes investors eager to see his market activity.While we can’t learn about his trades minute to minute, we can get a quarterly picture. Duquesne must file a 13F report with the Securities and Exchange Commission every quarter, detailing its holdings. And the family office just did so for the first quarter.

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Back in March, Tesla and its CEO Elon Musk decided to give owners of compatible vehicles a free month trial of its most controversial software — a driver-assist function called Full Self-Driving. Though regulators have pointed out that the name of the software is potentially misleading and is linked to a series of serious accidents, the program enacted by Tesla to get more people to try FSD may not have produced the results it wanted. More:

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Comcast is refusing to suffer any more losses as its pool of subscribers is shrinking amid the growing cord-cutting trend, where consumers are switching out cable TV for streaming subscriptions.Now, it's announcing a new plan to gain back the recent losses it faced in its business.

There is no shortage of financial concerns for parents around raising children, but few are as daunting as planning to one day pay for college.Personal finance coach Dave Ramsey is a major advocate for staying out of debt, so he advises against taking out student loans.He's explaining a smart approach to handling education expenses.

The U.S. housing market remains perhaps the weakest link in the economy's surprise success story, as high mortgage rates and a dearth of new construction shut out new buyers and pin current owners in their properties. For nearly a year, the Federal Reserve has kept its base lending rate pegged at the highest level in over two decades and the central bank has warned investors that elevated inflation will likely mean that interest rates remain "higher for longer" as the economy continues to outperform forecasts.That's kept benchmark 10-year Treasury note yields, tightly correlated to home lending costs, well north of 4% and conforming 30-year mortgages pushing past 7% for the past two weeks.More:

For many online shoppers, half the fun of finding your goods online is also finding them at a really good price. The savviest among us know when top sales events take place, which sites have the best deals, and what secondary sites to check to make sure they're getting a really good deal. And if you shop at Amazon, chances are you're aware of a trick or two that helps get you the best deals.