Harry and Meghan’s Story | Stimulus Changes For Student Loans | Agnelli Family’s Red-Hot Purchase

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The Duke and Duchess of Sussex said they had to endure questions about their children’s skin color among other “devastating allegations” that could have a worsening impact on the British royal family’s reputation. We also look at how a small change in the stimulus bill could have a big impact on student loan borrowers, and at Italy’s Agnelli family’s latest red-hot addition to their luxury portfolio.

In The News Today

MacKenzie Scott, the world's 22nd richest person—courtesy of her divorce from Amazon founder Jeff Bezos—has remarried.  

French aerospace billionaire Olivier Dassault, a politician and heir to one of the country’s greatest family fortunes, died in a helicopter crash Sunday afternoon. 

Top Take-Aways

In their interview with Oprah, the Duke and Duchess of Sussex revealed a flurry of “devastating allegations,” as the British press described them, about their struggle within the royal family, including enduring questions about their children’s skin color.

A perhaps surprising discovery from the interview: billionaire Tyler Perry offered the couple a full security detail when Prince Harry’s family withdrew protection. Several high-profile Black Americans spoke in support of Meghan Markle after the interview was aired.

Oil prices are rising again. A key reason is Russia and Saudi Arabia sticking to production cuts in an OPEC+ meeting last week. Another, most recent one: an attack from Yemen’s Houthi rebels hitting a Saudi oil facility.

Italy’s Agnelli family already own an iconic brand associated with the color red, the Ferrari carmaker, but with their purchase of a 24% stake in Christian Louboutin, with their signature red bottom heels, they take a further step in the luxury market.

A small but major tweak to student loan law included in the $1.9 trillion stimulus bill approved by the Senate on Saturday could have significant impacts on student loan borrowers. This is what they should know.

Vaccinated Americans are eager to go travel again, as indicated by transactions by U.S. travel agencies that have climbed steadily over the past six consecutive weeks, according to Airlines Reporting Corporation. With experiences like Mexico’s luxury tequila train back on track and accepting reservations for 2021, who can blame them.

After a blistering 2020, hope is returning to the world of American sports. From the NBA All-Star Game to MLB’s Opening Day, the coming weeks mark the start of a comeback for major sports leagues.

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A Goldman Sachs client survey revealed bullish attitudes on digital assets such as cryptocurrencies: 61% of respondents expect their digital asset holdings to increase in the next 12-24 months. 40% of respondents already have exposure to cryptocurrencies. 

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