Sarah Wolfe As Tiffany Mane read a personal finance book during her train ride to work, a woman sitting near her acknowledged that she, too, knew of the author. Shortly after, several bystanders began inquiring into its contents. Mane was reading “Financial Feminist” by Tori Dunlap. The late-2022 release is […]
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I was charged $150 for missing a doctor’s appointment. Turns out these fees are on the rise
Eric Audras | Onoky | Getty Images If you miss a doctor’s appointment these days, you could get hit with a “no-show” fee of up to $100 — or more. This happened to me recently for the first time, and the charge was a steep $150. When I complained to […]
TikTok creators worry about free speech and income streams if ban succeeds: ‘My livelihood is at stake’
On March 13, the House of Representatives passed the Protecting Americans From Foreign Adversary Controlled Applications Act, calling for Chinese tech company ByteDance to divest from TikTok. If it does not, the app would be effectively banned in the U.S. The bill has since headed to the Senate. There are […]
Eli Lilly climbs on win for rival weight-loss drug, and we still feel good about Abbott Labs
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets: […]
Social Security Administration to remove food assistance as barrier to accessing certain benefits
Zeljkosantrac | E+ | Getty Images The Social Security Administration has issued a final rule that will prevent food assistance from reducing payments to certain beneficiaries. The change applies to Supplemental Security Income, or SSI, which provides monthly checks to adults and children who are disabled, blind or age 65 […]
FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, pay $11 billion in forfeiture
FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange and a related hedge fund, Alameda Research. The sentence in Manhattan federal court was significantly less than the 40 to 50 years in prison that federal […]
The wealth of the 1% just hit a record $44 trillion
Martin Puddy | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The wealth of the top 1% hit a record $44.6 trillion […]
How this bull market could unravel and what to watch for, according to Larry McDonald
Lawrence McDonald, author of “A Colossal Failure of Common Sense” and “How to Listen When Markets Speak.” Scott Mlyn | CNBC The recent stock market rally and the surprisingly resilient U.S. economy are reliant on an uneasy balancing act between the U.S. Treasury market, the oil market and struggling regional […]
Toyota could introduce electric, plug-in Tacoma and Tundra pickups
2024 Toyota Tacoma Trailhunter Toyota NEW YORK — Toyota Motor is evaluating an expansion of its U.S. truck lineup that could include all-electric or plug-in hybrid electric versions of its Tacoma and Tundra pickups. Jack Hollis, executive vice president of Toyota Motor North America, said the Japanese automaker is assessing […]
39-year-old money coach who makes $23,000 a month: My No. 1 tip for starting a side hustle
Nobody expected Bernadette Joy to shut down her successful business. Not even Joy herself. Joy ran Charlotte, North Carolina-based Dressed, which started as a side hustle connecting people who owned bridesmaid dresses with people who wanted to rent them. It helped her pay off her student loans, quit her full-time […]