The Nauru ring road runs right around the Island nation of Nauru. (C) Hadi Zaher | Moment | Getty Images Sam Bankman-Fried’s younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker-state, a lawsuit filed in Delaware
Barbara Corcoran knows what it takes to catapult your career to the next level. In her 20s, the multi-millionaire worked as a receptionist for the Giffuni Brothers’ real estate company in New York City. She later founded her own residential real estate company, The Corcoran Group, with just $1,000 — and later sold it for
In this article ARKK ARKF ZM ROKU TSLA 2423-HK COIN 9618-HK PDD 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Cathie Wood, CEO, Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange, Feb. 27, 2023. Brendan McDermid | Reuters Ark Invest’s Cathie Wood said her flagship innovation fund
Peter Cade | Getty Images Higher earners maximizing savings ahead of retirement may soon lose a tax break, thanks to 401(k) changes enacted last year. If you’re 50 or older, you can funnel extra money into your 401(k), known as “catch-up contributions.” For 2023, eligible workers can save another $7,500 after maxing out employee deferrals
Voronchuk Daria | Istock | Getty Images Last summer, Sherry Gui brought a date to her local bar in Manhattan. Gui, a law school student, had been going to the establishment for three years, and was friends with the bartenders and staff. When the evening ended, the guy picked up the check, which she was
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images After a pause last month, experts predict the Federal Reserve likely will raise rates by a quarter of a point at the conclusion of its meeting next week. Fed officials have pledged not to be complacent about the rising cost of
Ben Rains takes a look at where the market stands as big tech stocks start reporting quarterly earnings results. The episode then explores three highly-ranked large-cap stocks—Honeywell, DexCom, and NextEra Energy—that investors might want to buy before their upcoming earnings releases for both near-term and long-term upside. (3:55) – Does Honeywell’s Diverse Portfolio Provide You
In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT AMC Movie theatre in New York. Scott Mlyn | CNBC AMC Entertainment dropped its plans to charge customers variable prices for movie theater seats. The company announced its “Sightline” pricing strategy in February and tested it out at select locations in three U.S. markets. The
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM Chairman and CEO Arvind Krishna appears on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images IBM reported second-quarter earnings on Wednesday that topped analysts’ estimates as the company expanded its
In this article ISRG PPG COF CSX Follow your favorite stocksCREATE FREE ACCOUNT Kara Birnbaum / CNBC Check out the companies making headlines before the bell: American Express — American Express slid 3% after posting smaller-than-expected revenue for the previous quarter, even as earnings per share beat expectations. The company reported second-quarter earnings of $2.89
Stephen Frink | The Image Bank | Getty Images Investors can get swept away by the fear or euphoria of the recent past — and it often costs them financially. “Recency bias” is the tendency to put too much emphasis on recent events, like a stock-market rout or the meteoric rise of bitcoin or a
In this article AAL UAL DAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines 777 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC Airlines’ cargo revenue is slumping. That’s a sign of good news for travel recovery. Delta, United and American this month each reported year-over-year declines of about 40% in their
In this article 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT A woman walks past a Taiwan Semiconductor Manufacturing Company (TSMC) logo at the Hsinchu Science Park in Hsinchu on July 5, 2023. (Photo by Sam Yeh / AFP) (Photo by SAM YEH/AFP via Getty Images) Sam Yeh | Afp | Getty Images Taiwan Semiconductor Manufacturing
Two sellers offering merchandise for sale through a TikTok livestream. Bay Ismoyo | Afp | Getty Images TikTok struck a partnership with “buy now, pay later” service Atome to offer installment payments on its e-commerce marketplace in Malaysia, the latest in the company’s e-commerce push into Southeast Asia. TikTok Shop will include Atome as a
Mark Cuban has some regrets from his early days. In a Q&A session with best-selling author Chris Voss on Fireside, a streaming platform that Cuban co-founded, the Dallas Mavericks owner said his early-career impostor syndrome often led him to overcompensate in business meetings and negotiations. Earlier in the conversation, Cuban had touted that one of
The Powerball jackpot reached $1.08 billion on July 19, 2023. Joe Raedle | Getty It’s official: There’s a winner for the $1.08 billion Powerball jackpot — and the taxman will take a hefty cut. A single ticket sold in California matched all six numbers drawn on Wednesday night, making it the third-largest prize in the
bymuratdeniz | E+ | Getty Images One of the costs retirees pay — Medicare Part B premiums — may be increasing in 2024, driven by a new Alzheimer’s treatment on the market. The Medicare trustees projected in March that the standard monthly Part B premium may increase to $174.80 in 2024, an almost $10 monthly
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In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images Netflix stock sank more than 9% Thursday after a quarterly earnings report that was largely positive, but left Wall Street underwhelmed and uncertain about key revenue drivers. The selloff in Netflix shares follows a 60% year-to-date rally, spurred by
In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration the stock trading graph of Johnson and Johnson is seen on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Johnson & Johnson on Thursday reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations, and