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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 13:23:11
Macy's says quarterly sales dropped, delays earnings release after employee hid delivery expenses
Macy's delayed its results after it discovered an issue related to the reporting of delivery expenses.
Published: 2024-11-25 13:49:49
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
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day.
Published: 2024-11-25 13:33:46
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
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 09:18:47
What Trump's pick for Treasury secretary could mean for global markets
Strategists regard hedge fund manager Scott Bessent, the founder of Connecticut-based investment firm Key Square Group, as a "safe pair of hands."
Published: 2024-11-25 13:30:08
Some Dems 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 confirm them.
Published: 2024-11-24 22:09:50
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 08:36:48
'Wicked' soars with $114 million domestic opening, 'Gladiator' snares $55.5 million
Universal's "Wicked" tallied an estimated $114 million domestic opening and Paramount's "Gladiator II" is set to haul in $55.5 million.
Published: 2024-11-24 16:30:28
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
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
6 things we’re watching in the stock market in the holiday-shortened trading week ahead
The Fed's favorite inflation gauge and earnings from Club holdings Best Buy and Crowdstrike are among the biggest events on our radar.
Published: 2024-11-24 15:15:13
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
'We were willing to risk everything': Gen-Z duo started a pasta sauce brand that brings in $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: 2024-11-24 15:00:01
Millennials say they plan to spend big this holiday season — 'I see a lot of optimism,' expert says
Millennials plan to spend more than any other generation for the holidays, a new survey says. But using credit cards or payment plans may come at a high cost.
Published: 2024-11-24 14:00:01
41-year-old whose side hustle brings in $600,000 a year: This is the ‘best possible way' to make money
Makeup artist Alexandra Rutkay launched Citymouse after growing frustrated by most diaper bags. Her side hustle now brings in six figures in annual revenue.
Published: 2024-11-22 23:05:19
Activist Ananym has a list of suggestions for Henry Schein. How the firm can help improve profits
Ananym Capital is calling for changes at Henry Schein, which may help the company improve its profitability.
Published: 2024-11-23 12:47:51
Space vacations and retiring on Mars: SpaceX COO shares 3 visions for the company's future
Gwynne Shotwell spoke with investor Ron Baron about interstellar travel, competition among space companies and the potential for better tech regulation.
Published: 2024-11-22 18:04:34
Nutritionist from Japan: The food I love eating every day—and that robust 90-year-olds in my life swear by
"The most lively and robust elders in my life" eat this food, says Japanese nutritionist and longevity expert Michiko Tomioka. It "makes me feel healthier" too.
Published: 2024-11-23 12:15:01
The most you should pay for housing if you earn $80,000 a year
Ideally, someone earning $80,000 would spend less than $2,000 a month on housing, but with rising costs, that’s often not realistic.
Published: 2024-11-23 15:00:01
'Wicked' tallies $19 million in previews, as 'Gladiator II' team-up heads for $200 million opening weekend
"Wicked" and "Gladiator II" arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales.
Published: 2024-11-22 18:15:43
Happiness coach: 3 easy ways to 'flip the script' on stress and anxiety to 'pump up the joy' in your life
If you're experiencing a stressful time at work or in your personal life, start keeping a joy journal, says happiness expert Jessica Weiss.
Published: 2024-11-23 14:15:01
At 17, he bought a sandwich shop for $125,000—he renamed it Jersey Mike's and just sold it for $8 billion
On Tuesday, Peter Cancro entered an agreement to sell a majority of his company Jersey Mike's Subs to Blackstone for a reported $8 billion.
Published: 2024-11-23 14:30:01
How the happiest people spend their weekends: Treat them ‘like a vacation,’ happiness expert says
If you're feeling super exhausted at the end of the workweek, don't spend your weekend on chores and more tasks. Pretend you're on vacation, says an expert.
Published: 2024-11-23 14:15:01
33-year-old once worked 100-hour weeks to save $40,000 for his robotics startup—now it's worth $633 million
Jake Loosararian bootstrapped Gecko Robotics far from Silicon Valley, sleeping on floors and struggling to make ends meet. Now it's worth hundreds of millions.
Published: 2024-11-23 14:15:01
'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis
CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000 to well over $200,000.
Published: 2024-11-22 18:45:55
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