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U.S. stock and bond markets love Trump's pick of Bessent for Treasury — here's why
Trump said he will pick the Wall Street figure to take on his administration's most important economic role.
Published: 2024-11-25 19:52:51
Republicans gear up for the coming battle over $5 trillion tax cut's costs
Republicans are united on extending the 2017 tax cuts, but at odds on how to offset the cost.
Published: 2024-11-25 21:44:06
Zoom surpasses expectations as it calls for another quarter of single-digit growth
Zoom's business is still growing, but not nearly at the rate of expansion during the pandemic.
Published: 2024-11-25 22:14:16
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kohl's CEO Tom Kingsbury is stepping down on Jan. 15, to be replaced by current Michaels CEO Ashley Buchanan.
Published: 2024-11-25 21:43:24
Starbucks baristas can't view their schedules after ransomware attack on vendor
Starbucks baristas are not able to view and manage their schedules because of a ransomware attack on one of the company's vendors.
Published: 2024-11-25 20:56:37
Wall Street launches new ways to bet on bitcoin
Wall Street launches new trading tools to bet on the price of bitcoin
Published: 2024-11-25 20:14:00
Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion
"I've never wished to create a dynasty or pursue any plan that extended beyond the children," Buffett wrote in a lengthy letter Monday.
Published: 2024-11-25 16:19:43
Warren Buffett suggests all parents do one thing before they die, whether they have 'modest or staggering wealth'
Warren Buffett has advice for all parents, regardless of their wealth: let your adult children read your will before you sign it.
Published: 2024-11-25 20:14:16
Why the U.S. is growing less food
Fruit production is down nearly 36% in 2024 from 2003, while vegetable production is down 6.3%, according to the U.S. Department of Agriculture.
Published: 2024-11-22 13:00:01
San Francisco Mayor-elect Daniel Lurie taps OpenAI's Sam Altman and other business leaders for help with transition
San Francisco's Mayor-elect, Daniel Lurie, has begun tapping tech heavyweights and business leaders to help with his goal of overhauling the city's image.
Published: 2024-11-25 21:44:44
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
Published: 2024-11-25 16:55:52
Here's why our lone energy stock is falling despite a surge in natural gas prices
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Published: 2024-11-25 19:21:10
Barbara Corcoran 'isn't buying' that employees are more productive at home—but she embraces hybrid work anyway
Barbara Corcoran is skeptical that employees are more productive working from home. An expert says they are, especially when bosses prioritize connections.
Published: 2024-11-25 19:41:36
Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses
Macy's delayed its results after it discovered an issue related to the reporting of delivery expenses.
Published: 2024-11-25 21:29:48
'Hamilton' star Anthony Ramos lived in New York City on $420 a week when the show first started: 'I was struggling'
One pivotal moment helped Grammy-winning actor Anthony Ramos realize he wasn't managing his money responsibly. Here's what he learned from it.
Published: 2024-11-25 19:23:17
Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand
Barcelona-based Mango is looking to elevate its brand amid a broad U.S. expansion that will include 60 new stores and a new logistics center.
Published: 2024-11-25 13:00:01
Bitcoin's march to $100,000 stalls. Here's what's keeping it below the milestone
Bitcoin is trading stubbornly below the $100,000 mark, putting the brakes on a blistering post-election rally.
Published: 2024-11-25 13:25:24
The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving
After years of spending capital freely on all-electric and autonomous vehicles, automakers are starting to pull back.
Published: 2024-11-25 13:06:01
'Do I have a trust fund?' Viral 'teenager texts' highlight how little some kids know about money
Chip Leighton's "teenager texts" on social media hilariously call out questions from kids to their parents, such as "Do I need to tip the eye doctor?"
Published: 2024-11-25 16:18:55
Russian food prices are soaring — but no one dares blame Putin and the war
Russian President Vladimir Putin has denied that Russia has exchanged "butter for guns" and blamed the price rises on "unfriendly" countries.
Published: 2024-11-25 14:49:39
27-year-old making $108,000: 'I thrift just about everything and it definitely has helped me save a lot of money'—my top 3 tips
Brooklyn Karasack started making outfits to wear to music festivals. Now she makes nearly all her clothes and primarily uses materials bought secondhand.
Published: 2024-11-25 19:22:27
Some Democrats back Trump pick Rubio for secretary of State but remain critical of Hegseth, Gabbard and Gorka
Trump has made a flurry of Cabinet picks in the last two weeks, and eyes are now on the U.S. Senate to see whether they will confirm them.
Published: 2024-11-25 19:19:48
At 19, he dropped out of college—at 42, he's a bestseller: 'My last novel just debuted at No. 1 on the New York Times'
Award-winning author TJ Klune ("The House in the Cerulean Sea") on when he felt able to quit his day job and when he first felt like he'd made it as a writer.
Published: 2024-11-25 17:07:37
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.
Published: 2024-11-25 16:42:59
Virgin Atlantic CEO says UK budget is 'tax on growth' with air duties set to rise
Shai Weiss said that despite aviation's contribution to the economy, "all we've seen is an increase in Air Passenger Duty."
Published: 2024-11-25 19:03:59
Data centers powering artificial intelligence could use more electricity than entire cities
The growing size of data centers is raising questions about power, land and the environment.
Published: 2024-11-23 12:46:24
Can Starbucks fix long lines at its airport cafes?
Starbucks CEO Brian Niccol has said airport stores' performance could improve.
Published: 2024-11-24 12:00:01
These key 401(k) plan changes are coming in 2025. Here's what savers need to know
Starting in 2025, key 401(k) plan changes enacted via Secure 2.0 could make saving for retirement easier. Here's what investors need to know.
Published: 2024-11-23 14:00:01
Microsoft is finally testing its Recall photographic memory search feature. It's not perfect
Microsoft on Friday finally started letting people test Recall, a so-called photographic memory search feature for the latest Copilot+ PCs. It's not perfect.
Published: 2024-11-23 13:00:01
20-year-olds borrowed $9,000 from their parents for a college startup—then launched a new business with sales of $1 million a month
Winston Alfieri and Troy Bonde were just 20 and 21 when they came up with the idea for Sauz, which is now available at retailers around the country.
Published: 2024-11-25 14:43:45
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