The Bahamian island Faith Hill and Tim McGraw spent years and many millions to develop is on the market for $35 million. The country music power couple bought the island known as Goat Cay in 2003. It’s located in the Exumas, a district of the Bahamas comprised of a chain […]
CNBC News
Investors are being driven out of the flashy stocks into ‘boring’ names as the economy grows, Jim Cramer says
Many stocks that were up in Monday’s session will continue winning, while those that declined will likely keep melting down, CNBC’s Jim Cramer said. “The stocks that held up today are the ones that belong to companies with products that are in strong demand while supply remains limited,” the “Mad […]
Mall owner Simon’s CEO sees shopper ‘euphoria’ as people return to stores
Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters The biggest U.S. mall owner Simon Property Group says shoppers are getting back to malls, but that it’s hard […]
FDA permits use of the Pfizer-BioNTech Covid vaccine in kids ages 12 to 15
A group of teenagers serving as ‘Covid-19 Student Ambassadors’ joined Governor Gretchen Whitmer to receive a dose of the Pfizer Covid vaccine at Ford Field during an event to promote and encourage Michigan residents to go and get their vaccines on April 6, 2021 in Detroit, Michigan. Matthew Hatcher | […]
Stock futures slip after Big Tech selling pushes S&P 500 off record
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Futures contracts tied to the major U.S. stock indexes slipped at the start of the overnight session Monday evening after investors punished Big Tech equities during the regular session. S&P 500 futures shed 0.1%, while those tied to the Dow […]
Biden urges employers to boost wages but warns workers they’ll lose unemployment pay if they reject jobs
US President Joe Biden speak about the Covid-19 response and the vaccination program in the State Dining Room of the White House on May 4, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden on Monday urged U.S. companies to boost pay for workers as he outlined the […]
Biden prepared to take additional steps after Colonial Pipeline ransomware attack
Fuel holding tanks are seen at Colonial Pipeline’s Linden Junction Tank Farm on May 10, 2021 in Woodbridge, New Jersey. Michael M. Santiago | Getty Images WASHINGTON – President Joe Biden said Monday that his administration was prepared to take additional steps as the energy sector grapples with a colossal […]
Cloud stocks plunge to six-month low as investors hasten rotation out of recent top performers
Jeff Lawson, CEO, Twilio Scott Mlyn | CNBC The rotation out of tech stocks continues to hammer cloud companies the hardest, as investors sell out of last year’s best performers. While the Dow Jones Industrial Average is trading just below a record, an index of cloud-computing companies slid to its […]
Roblox revenue grows 140% in first earnings report since company went public
The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox shares rose as much as 5% in after-hours trading, following the release of the company’s first earnings report since it went public in a […]
Roblox revenue grows 140 percent in first earnings report since going public
The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox shares rose as much as 5 percent in after-hours trading, following the release of its first earnings report since going public in a direct […]