Ben Rains dives into the volatile week on the stock market that has more investors worried that Jay Powell and the Fed will raise rates at a higher clip in March. Both the S&P 500 and the Nasdaq are now trading below their 50-day and 200-day moving averages, and stocks had tumbled through mid-afternoon trading
In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT Astra CEO Chris Kemp speaks inside the company’s headquarters during the company’s “Spacetech Day” on May 12, 2022. Brady Kenniston / Astra Spacecraft engine manufacturer and small rocket builder Astra announced on Friday that the company is investigating “potential illegal short selling” among shareholders of
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A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Footwear retailer Allbirds on Thursday unveiled a broad overhaul of its strategy and an executive shake-up after failing to post year-over-year quarterly sales growth for the first time in
In this article ENPH GPS CAT FRC WAL PACW SBNY DOCU SCHW ORCL BIRD Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of Oracle headquarters on June 13, 2022 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading Friday. Allbirds — Shares
“For women, legacy often means more than passing wealth down to the next generation; it also means being capable of positively impacting the lives of others,” Marianna Mamou, head of “advice beyond investing” at UBS Global Wealth Management, told CNBC Make It. Paul Bradbury | Ojo Images | Getty Images Men and women have very
In this article SI SBNY Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange stands in lower Manhattan after global stocks fell as concerns mount that rising inflation will prompt central banks to tighten monetary policy on May 11, 2021 in New York City. By mid afternoon the tech-heavy Nasdaq Composite had lost
In the wake of the pandemic, there’s one topic that’s suddenly a lot less taboo, according to Lee Baker, a certified financial planner based in Atlanta. “We get more calls around estate planning,” said Baker, founder, owner and president of Apex Financial Services and a member of CNBC’s Advisor Council. “The last 36 months shifted the
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In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT Kylie cosmetics display at an ULTA store in New York. Scott Mlyn | CNBC Ulta Beauty topped Wall Street’s expectations for its holiday-quarter earnings and revenue, as shoppers continued to save room in their tighter budgets for beauty products during the celebration season. The holiday
In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT People walk by the Gap retail store in Century City on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images Gap reported disappointing holiday-quarter results Thursday and announced a series of executive changes as the struggling retailer continues to search for a
In this article INGA-NL SIVB Follow your favorite stocksCREATE FREE ACCOUNT European banking stocks sold off sharply in early trade Friday as jitters surrounding U.S. bank SVB Financial — which plunged 60% Thursday — spread around the world. It followed an announcement by the tech-focused lender of a capital raise to help offset bond sale
Barbara Corcoran knows good deals aren’t solely built on dollar signs. They depend on timing and emotional intelligence, too. The secret is to focus more on appeasing the personality of the person across the table than money, says the 73-year-old entrepreneur and investor on ABC’s “Shark Tank.” That’s true whether you’re buying an apartment, selling
In this article AUTO-GB LNC MSFT AMZN GOOGL AAPL META Follow your favorite stocksCREATE FREE ACCOUNT Several large companies have announced significant job cuts in recent months: Google, Microsoft, Amazon and other tech companies collectively laid off more than 70,000 employees in the last year and there are no signs of that trend slowing down.
Aerial view of the Dubai Marina. DUBAI, United Arab Emirates — Demand for property in the United Arab Emirates’ glitzy commercial capital of Dubai hit a record high for the first two months of 2023, real estate services firm CBRE revealed in a report published Thursday. In February alone, Dubai’s residential market saw 8,515 transactions
Hilaria Baldwin and Alec Baldwin speak for the first time regarding the accidental shooting that killed cinematographer Halyna Hutchins, and wounded director Joel Souza on the set of the film “Rust”, on October 30, 2021 in Manchester, Vermont. MEGA | GC Images | Getty Images New Mexico prosecutors denied the claim that Alec Baldwin’s lawyers
Safra Catz, Oracle’s CEO and then one of Oracle’s two co-CEOs, smiles during Oracle’s OpenWorld conference in San Francisco on, Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares dropped nearly 5% after the enterprise tech giant reported its financial results for its 2023 fiscal third quarter. Here’s how the company
In this article SIVB ZUMZ MTN GPS DOCU ULTA ORCL Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration of the TradingView stock market chart of SVB Financial Group seen displayed on a smartphone with the SVB Financial Group logo in the background. Igor Golovniov | Lightrocket | Getty Images Check out the companies
History enthusiasts, people who want to sleep where royalty has stayed, and fans chasing connections with hit television shows like “Bridgerton.” Those are some of the types of travelers a new “collection” of historical castles, manor houses and grand homes in the United Kingdom and Ireland is hoping to attract. Storied Collection is a travel
President Joe Biden speaks about the U.S. response to the high-altitude Chinese balloon at the White House complex Feb. 16, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Images President Joe Biden is proposing higher taxes on wealthy Americans to help cover priorities like Medicare and Social Security in his 2024