Real estate CEO David Adelman wanted to purchase a stake in the Philadelphia 76ers in 2011 but said the timing wasn’t right. Getty Images Real estate investor David Adelman grew up a Philadelphi...
Tag: Business
New IRS tax brackets and standard deduction could save families hundreds or even thousands of dollars. Now, for the bad news.
In a time of rising costs, the Internal Revenue Service just raised income-tax brackets through new inflation adjustments for next year. It might feel tough sometimes to link the IRS with the concept ...
Workers are disengaged from their jobs — but don’t blame remote work. The real cause lies elsewhere.
Worker disengagement is increasing no matter where a person does their job, whether that’s in the office, at home, or a hybrid of both. And just because people are showing up to the job in person, it ...
Berlin Bitcoin Neobank Nuri Shutters Business, Warns Clients to Withdraw Funds
Berlin-based neobank Nuri has officially closed down the shop, citing “insuperable” challenges, which kept the firm from raising new funds or finding an acquirer. Formerly known as Bitwala, Nuri filed...
Earnings reports show the Fed is making progress on inflation
CNBC’s Jim Cramer on Thursday told investors that the market is finally seeing signs that the Federal Reserve is succeeding in its fight against inflation. “We’re now finally getting...
Vista’s Robert Smith says investing in DEI businesses vitally important in a bear market
Robert Smith during an interview with CNBC’s Squawk Box, broadcast live from World Economic Forum, Davos, Switzerland, on January 25, 2019. Adam Galica | CNBC Robert F. Smith, chairman and CEO a...
GM’s 2024 GMC Sierra EV offers electric truck alternative to Hummer
2024 Sierra EV Denali Edition Source: General Motors General Motors unveiled its latest electric pickup, the new electric GMC Sierra, and began taking reservations for a fully-loaded $107,000 version,...
Threat of rail strike has supply chain ramping up contingency plans
An aerial view of shipping containers and freight railway trains ahead of a possible strike if there is no deal with the rail worker unions, at the BNSF Los Angeles Intermodal Facility rail yard in Lo...
Why cheap airfare is so hard to find this year
United’s check-in area at Washington Dulles International Airport. Leslie Josephs | CNBC Cheap airfares are hard to find, and it might not get much easier in 2023. Between staffing shortages, ai...
Sever ties with Ye’s Yeezy
Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP The Anti-Defamation League is urging Adidas to sever ties with Ye, calling out...
The Rock’s new movie is bland and predictable
Dwayne Johnson stars in Warner Bros.’ “Black Adam.” Warner Bros. Not even Dwayne “The Rock” Johnson could salvage Warner Bros.’ latest entrant into the DC Extended ...
Allstate, AT&T, IBM, Tesla and more
Elon Musk looks at a robot display during a tour of the new Tesla Motors auto plant, formerly operated New United Motor Manufacturing Inc. (NUMMI), in Fremont, California, U.S., on Wednesday, Oct. 27,...
Caesars, developer SL Green join forces
Video slot machines at Caesars Palace in Las Vegas, Nevada. George Rose | Getty Images Developer SL Green Realty is working with casino operator Caesars Entertainment on a bid to bring a casino to New...
Netflix experiments with Knives Out sequel, but sticks with limited theater runs
Daniel Craig returns as Benoit Blanc in “Glass Onion: A Knives Out Story.” Netflix Netflix backtracked on advertisements. Should theatrical releases be next? Some theater owners and indust...
How much small business owners should pay themselves
Many small business owners have trouble figuring out an appropriate take-home pay as the company expands, and some don’t pay themselves at all. These mistakes can easily come back to bite the founder ...
Inflation-weary shoppers to see more holiday sales, discounts in 2022
People walk stores offering sales at a shopping mall in Santa Anita, California on December 20, 2021. Frederic J. Brown | AFP | Getty Images Grocery and energy prices have spiked, and credit card inte...
American Airlines (AAL) 3Q 2022
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images American Airlines reported a ...
TeraWatt announces first interstate EV charging network for trucks
TeraWatt site Courtesy: TeraWatt San Francisco startup TeraWatt Infrastructure on Thursday announced it’s developing the first network of electric vehicle-charging centers for heavy-duty and med...
AT&T, American Airlines, Blackstone and more
Check out the companies making headlines before the bell: AT&T (T) – AT&T rose 2.4% in the premarket after reporting better-than-expected profit and revenue for the third quarter. The company ...
How to save a bundle on your tax return
This is Part Two of our list of suggested year-end strategies. Part 1 discusses gaming the federal standard deduction, and managing capital gains and losses. The tax environment is getting friendlier ...
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business – Bitcoin News
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurr...
I like Procter & Gamble over Kimberly-Clark
Transocean Ltd: “It is a high-risk stock. I prefer to have something that is certainly a little bit more … known and already doing incredibly well, which is Halliburton.” Tapestry In...
Buy shares of Netflix on the market’s next pullback, Jim Cramer says
CNBC’s Jim Cramer on Wednesday advised investors to pick up shares of Netflix on the next market dip. “You put it on the top of your shopping list, you wait for the next pullback in the av...
Generac stock rocked after profit warning due to weakness in home generator business
Shares of Generac Holdings Inc. suffered a record selloff on Wednesday after the manufacturer of home generators and solar equipment issued an earnings warning and cut its growth outlook, citing press...
Jim Cramer makes the bull case for consumer goods stocks
CNBC’s Jim Cramer on Wednesday told investors to consider adding shares of well-established consumer packaged-goods companies to their portfolios. “Nobody’s championing what actually...
CDC to protect access to free Covid vaccines for uninsured kids
A child is administered a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) pediatric vaccine. Mayela Lopez | Reuters The Centers for Disease Control and Prevention took a major step Wednesda...
Tesla, IBM, Alcoa and more
A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines after hours. Tesla — Share...
Opinion: Don’t have $13 million? The lifetime estate- and gift-tax exemptions for 2023 still matter to you.
The wealthiest families in the U.S. will get a bit of inflation-adjusted relief from the IRS in 2023, with the lifetime estate-tax exemption increasing to $12.9 million for individuals, up from $12.06...