financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.
U.S. Representative George Santos (R-NY) heads to the floor of the House of Representatives for a vote on a Republican motion to refer a Democratic-sponsored resolution to expel Santos from the House to the House Ethics Committee in lieu of an immediate eviction vote, on Capitol Hill in Washington, May 17, 2023. Evelyn Hockstein | …
George Santos wants court order overturned in criminal case Read More »
You’d be hard pressed to find a hotter stock than Nvidia right now. From early 2023 to June 8, the stock has returned more than 163% – a meteoric rise that has the chipmaker flirting with a market capitalization of $1 trillion. Currently, only four companies can claim that the total value of their outstanding …
Nvidia is worth nearly $1 trillion – what you need to know before investing Read More »
Bob Michele, Managing Director, is Chief Investment Officer and Head of the Global Fixed Income, Currency & Commodities (GFICC) Group at JPMorgan. CNBC For at least one market veteran, the resurgence of the stock market after a series of bank failures and rapid interest rate hikes means only one thing: watch out. The current period …
JPMorgan bond chief Bob Michele sees ominous echoes 2008 Read More »
from Tesla the title is on course to equal its longest winning streak of 11 straight days in the green, should it end the day positively on Friday. The last time the stock rose this long was in January 2021. The stock was up around 7% on Friday morning. investment related news Tesla’s charging partnerships …
Tesla on track to equal longest winning streak after GM recharge deal Read More »
Yulia Taba | E+ | Getty Images More borrowers are behind on other payments More than one in 13 federal student loan holders are currently behind on their other payment obligations, the CFPB found. In March, about 2.5 million people with debt were in arrears on another of their loans or payments. That’s 200,000 more …
1 in 5 student borrowers are likely to face difficulties when bills resume Read More »
One of our best performing stocks over the past month may come as a surprise, especially given all the market excitement around the current AI-fueled rally, which has largely been limited to a few tech names at mega-cap. That’s Ford (F), whose stock has jumped 15% since closing at $12 a share on May 8. …
One of our best performing recent stocks isn’t a tech name Read More »
Americans now hold a record amount of credit card debt – nearly $988 billion, according to the The latest data from the Federal Reserve Bank. “While inflation has been at high levels for nearly 40 years, many consumers have used credit to manage their budgets, leading to record or near-record balances,” said Michele Raneri, Vice …
How much credit card debt do Americans hold by age Read More »
Apple Vision Pro. Source : Pomme PommeLe nouveau casque Vision Pro de a suscité un regain d’intérêt pour les ordinateurs portés sur la tête qui plongent les utilisateurs dans un monde virtuel. Les ingénieurs rêvent de réalité virtuelle depuis 1968 lorsqu’un professeur de l’Université de l’Utah a construit le premier casque 3D VR, et depuis …
U.S. Securities and Exchange Commission Chairman Gary Gensler takes a seat before the start of the Senate Banking, Housing, and Urban Affairs Committee hearing on oversight of the U.S. Securities and Exchange Commission on Tuesday, September 14, 2021. Bill Clark | CQ-Roll Call, Inc. | Getty Images SEC Chairman Gary Gensler stepped up his attack …
Crypto Tokens Fall On Concern Gensler Extends to SEC Crackdown Read More »
CNBC’s Jim Cramer told investors on Friday to be wary of the week ahead, even though the market has been fairly quiet as Wednesday’s Federal Reserve meeting won’t end with a rate hike. “No surprise to regular viewers, I don’t trust a benign market like this,” Cramer said. “Too much can surprise you, too much …
Jim Cramer says not to be complacent ahead of Fed meeting Read More »
Lionel Messi celebrates his second goal of the game between Honduras and Argentina at Hard Rock Stadium in Miami on September 23, 2022. Sportswire icon | Sportswire icon | Getty Images It’s been three days since soccer legend Lionel Messi shocked the soccer world by announcing his move to MLS club Inter Miami FC after …
Lionel Messi in Miami, boosting Major League Soccer ticket sales Read More »
TESLA logo on a charging station on May 26, 2023 in Merklingen, Germany. Harry Langer/ | Pictures of Defodi | Getty Images Within weeks, Ford Motor, General Motors And You’re here seem to have changed the course of electric vehicle charging infrastructure in North America. Tesla owners have long enjoyed reliable charging away from home …
What Tesla EV charging deals with Ford, GM means for the industry Read More »
The company is testing one of its Ripley rocket engines in Colorado. the Great Bear Two Colorado space companies laid off employees last week, seeking to adjust to the new normal of a tight funding environment. The layoffs came at Ursa Major, which makes rocket engines, and Orbit Fab, a startup aimed at providing refueling …
Layoffs hit Colorado space companies Ursa Major and Orbit Fab Read More »
The Netflix login page displayed on a laptop screen and the Netflix logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland, January 2, 2023. Jakub Porzycki | Nurphoto | Getty Images THE netflix The crackdown on password sharing is in its early stages in the US, but it …
Netflix subscriptions rise amid crackdown on password sharing Read More »
Une photo du terminal ferroviaire de Fenix Marine Services le 8 juin 2023, prise par un camionneur. Le rythme “lent et rapide” de la main-d’œuvre de l’International Longshore and Warehouse Union dans les ports de la côte ouest a fait grimper la productivité des ports au sol. En conséquence, les données de MarineTraffic montrent ce …
The streets were emptier in midtown Manhattan on Wednesday with many employees working from home due to dangerous air quality brought on by wildfires in Canada. But some like Josh Wood, a 25-year-old delivery man for Uber Eats, had to stay out for an eight-hour workday – his job, like many others, requires it. “New …
These workers stay outside, even when the sky is filled with smoke Read More »
[The stream is scheduled to begin at 10 a.m. ET. Please refresh the page if you don’t see a player above at that time.] A panel of independent Food and Drug Administration advisers is meeting Friday to make a recommendation on whether the Alzheimer’s disease drug Leqembi, made by Eisai and biogenicshould receive full approval. …
FDA advisers review Alzheimer’s drug Leqembi for full approval Read More »
Levi’s has operated a workers’ savings program since 2015, but in recent years has participated in BlackRock’s initiative. Pictured is a Levi’s display at a Kohl’s in San Rafael, California. Justin Sullivan | Getty Images When new employees are hired at the Levi’s store in Lone Tree, Colorado, there’s one benefit for them that really …
Workers’ Emergency Savings Campaign Achieves Over $2 Billion in Net New Savings Read More »
GMC pickup trucks are displayed for sale on a lot at a General Motors dealership on January 05, 2023 in Austin, Texas. Brandon Bell | Getty Images Find out which companies are making headlines in the midday business. Brazing — Shares of the consumer engagement platform increased by more than 18%. On Thursday, Braze posted …
AsiaVision | E+ | Getty Images LAS VEGAS — If you’ve received a tax penalty notice from the IRS, it’s possible to get the fee waived in certain situations, according to tax experts. The lesser known sentence reduction for the first time provides relief for otherwise compliant taxpayers. “It’s like a get out of jail …
Here’s how to waive IRS tax penalties, according to experts Read More »