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U.S. stock and bond markets love Trump's pick of Bessent for Treasury — here's why

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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

Zoom surpasses expectations as it calls for another quarter of single-digit growth

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Zoom's business is still growing, but not nearly at the rate of expansion during the pandemic.

Published: 2024-11-25 21:40:36

Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

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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

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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

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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

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"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'

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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

San Francisco Mayor-elect Daniel Lurie taps OpenAI's Sam Altman and other business leaders for help with transition

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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

Why the U.S. is growing less food

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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

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

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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

Barbara Corcoran 'isn't buying' that employees are more productive at home—but she embraces hybrid work anyway

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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

Here's why our lone energy stock is falling despite a surge in natural gas prices

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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

Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses

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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'

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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

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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

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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

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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

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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

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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

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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

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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'

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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

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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

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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

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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?

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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

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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

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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

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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

Millennials say they plan to spend big this holiday season — 'I see a lot of optimism,' expert says

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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

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