I bonds are currently paying 9.62% annual interest through this October, presenting an opportunity for investors with a range of goals, according to financial experts. These assets, backed by the fede...
Tag: business news
How to teach your kids to have a healthy relationship with money
Many parents intend to teach their children to have a healthy relationship with money but end up falling short — even though a majority say personal finance lessons are best taught at home. Some 83% o...
Office demand comes roaring back as stocks in the space play catchup
If you’re not back to the office already, you may be soon. After a five-month lull, likely due to the extremely contagious omicron variant of the coronavirus, new demand for office space jumped ...
Trump Organization, presidential inaugural committee settle DC lawsuit
President Donald Trump and First Lady Melania Trump dance at the Freedom Ball on January 20, 2017 in Washington, D.C. Getty Images Former President Donald Trump‘s 2017 inaugural committee and hi...
Natural gas surges 9% to highest level since 2008 as Russia’s war roils energy markets
A liquefied natural gas tanker berth in Japan, on Dec. 17, 2021. Should Japan ever exit the Sakhalin energy projects in Russia and their stakes were acquired by Russia or a third country, this would w...
Sudden wealth can come with serious emotional and financial challenges
D-keine | E+ | Getty Images Money, for all the opportunities it affords, can be a major source of stress and anxiety if you’re not used to having it. Coming into sudden wealth, whether via inher...
Paul Tudor Jones says he can’t think of a worse financial environment for stocks or bonds right now
Billionaire hedge fund manager Paul Tudor Jones said the environment for investors is worse than ever as the Federal Reserve is raising interest rates when financial conditions have already become inc...
Paramount Global, Logitech, Chegg and more
Take a look at some of the biggest movers in the premarket: Paramount Global (PARA) – Paramount Global fell 4.3% in the premarket, despite quarterly profit that beat Wall Street estimates. Revenue cam...
Covid Pfizer (PFE) earnings Q1 2022
Albert Bourla, chief executive officer of Pfizer pharmaceutical company, arrives to ring the closing bell at the New York Stock Exchange. Drew Angerer | Getty Images Pfizer on Tuesday slashed its 2022...
Russia races to avert historic default as bondholders wait for payments
Russia faces renewed threat of debt default on May 4, according to major ratings agencies, as the grace period comes to a close after it attempted to service its dollar bond payments in Russian rubles...
Restaurant Brands International (QSR) Q1 2022 earnings
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that...
SEC adds to cryptocurrency regulation staff
Gary Gensler Simon Dawson | Bloomberg | Getty Images The Securities and Exchange Commission announced Tuesday that it will almost double its staff responsible for protecting investors in cryptocurrenc...
Beijing city bans in-restaurant dining as China’s Covid controls tighten
As part of the latest Covid controls, China’s capital city of Beijing banned in-store dining as a five-day holiday kicked off, prompting restaurants to sell food outside. Kevin Frayer | Getty Im...
CNBC survey will reveal readers’ favorites
Business people are getting out and about again. And they’re looking for places to stay. More people are traveling for business meetings and industry events now than at any time in the past two ...
Should I join a group tour alone?
Everyone told me not to travel solo during a pandemic. Especially not to learn snowboarding, a sport that not all travel insurance policies cover. It didn’t help that I wanted to visit a country...
Alibaba’s shares fall after unconfirmed rumors link Jack Ma to a probe
Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Alibaba’s Hong Kong-listed shares were about 1% lower Tuesday — after earlier falling more than 9% —following unconf...
Ambani, Adani in India’s green hydrogen rush but hurdles remain
Hydrogen packs a lot more punch than lithium-based batteries. India’s federal minister Nitin Gadkari (second from left) seen here launching the country’s first green hydrogen-based advance...
50% of market is in a bubble, Dan Suzuki warns as Fed gets ready to meet
The market may be in the early innings of a dramatic decline. Despite Monday’s tech comeback, money manager Dan Suzuki of Richard Bernstein Advisors warns the group is in a “bubble.”...
Best Buy CEO says gaming engagement will continue across platforms even as people return to in-person activities
Best Buy CEO Corie Barry told CNBC’s Jim Cramer on Monday that she believes consumers will continue to seek out gaming and products related to it, even as in-person activities abound. “Gam...
Watch Rocket Lab attempt rocket booster catch with helicopter
[The company’s livestream is slated to begin at 6:05 p.m. ET. Please refresh the page if you do not see the video player above.] Space company Rocket Lab on Monday will attempt to catch the boos...
Stock futures are lower after big market reversal to start May
Traders on the floor of the New York Stock Exchange, April 27, 2022. Source: NYSE U.S. stock futures moved lower Monday night after the major averages staged a big reversal to start the month. Dow Jon...
Denver Broncos sale: Where things stand
Cameron Fleming #73 of the Denver Broncos runs onto the field before a game against the Kansas City Chiefs at Empower Field at Mile High on January 8, 2022 in Denver, Colorado. Dustin Bradford | Getty...
Chegg, Clorox, Devon Energy and more
Check out the companies making headlines after hours. Chegg — Shares tumbled nearly 30% after the textbook company reported weak full-year guidance despite exceeding earnings expectations. In its most...
India heat wave in pictures
People outside holding an umbrella during hot summer day in Kolkata, West Bengal, India on April 26. The temperature in Kolkata was around 40°c. Pacific Press | Lightrocket | Getty Images India has be...
Stellantis plans $2.8 billion EV overhaul of Canadian factories
Flag with the Stellantis logo on the front entrance to FCA’s Mirafiori plant on January 18, 2021 in Turin, Italy. Stefano Guidi | Getty Images Auto giant Stellantis will invest about $2.8 billio...
Atlassian co-CEO Cannon-Brookes takes 11% ownership of AGL Energy
Atlassian Co-CEO Mike Cannon-Brookes poses for a photo with Utah Jazz co-owners, Dwyane Wade and Ryan Smith during Round 1 Game 3 of the NBA Playoffs on April 21, 2022 at vivint.SmartHome Arena in Sal...
White House announces $3.1 billion for U.S. EV battery manufacturing
U.S. President Joe Biden gestures after driving a Hummer EV during a tour at the General Motors ‘Factory ZERO’ electric vehicle assembly plant in Detroit, Michigan, November 17, 2021. Jona...
Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms
Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022. Yasin Ozturk ...
Starbucks union files NLRB complaint citing CEO Schultz’s benefits comments
The union representing Starbucks baristas is taking aim at the coffee giant’s interim chief executive, Howard Schultz, alleging his recent comments about an improved benefits plan amounted to il...