Recent highly publicized flops by supposedly disruptive companies could be painting an unpleasant picture ahead for innovation, at least in how it’s viewed in the financial markets. Investors have turned thumbs-down on high-profile companies including WeWork, Uber and Tesla. Industries including marijuana, vaping and bitcoin all have seen big price […]
CNBC News
White House deliberates block on all US investments in China
The White House is weighing some curbs on U.S. investments in China, a source familiar with the matter told CNBC. This discussion includes possibly blocking all U.S. financial investments in Chinese companies, the source said. It’s in the preliminary stages and nothing has been decided, the source said. There’s also […]
There are 4 main paths to becoming a millionaire—and this is the easiest one, says money expert
Unless you were born into a rich family, building wealth can be very hard — depending on the path you choose. Many people look at multi-millionaires and desperately want to know: What’s their secret? How did they get there? What does it take? Those are the things I wanted to […]
Alibaba, other Chinese stocks drop on report White House considering China investment limits
Trader on the floor of the New York Stock Exchange during Alibaba IPO, September 19, 2014. Adam Jeffery | CNBC Shares of Alibaba and other Chinese companies plunged in a sudden move after reports the White House is considering ways to limit U.S. investments in China. Bloomberg News reported on […]
House Speaker Nancy Pelosi says Attorney General William Barr has ‘gone rogue’
The U.S. Speaker of the House Nancy Pelosi speaks over impeachment inquiry two days after the formal request during her weekly press conference on Capitol Hill on Thursday, September 26, 2019. Aurora Samperio | NurPhoto | Getty Images House Speaker Nancy Pelosi said Friday that Attorney General William Barr has […]
Dick’s Sporting Goods is turning to women to fuel its turnaround
Nike athletic wear is seen on mannequins displayed at a Dick’s Sporting Goods store in Daly City, California. David Paul Morris | Bloomberg | Getty Images CORAOPOLIS, Pa. — Dick’s Sporting Goods might be best known as the place for a Little League Baseball coach to stop in for new […]
Prosecutors agree to pause in subpoena for Trump tax returns
US President Donald Trump disembarks after arriving on Air Force One at Joint Base Andrews in Maryland, September 26, 2019, after returning from New York. Saul Loeb| AFP | Getty Images The Manhattan District Attorney’s office told a federal judge it has struck a deal with President Donald Trump’s lawyers […]
Sheryl Sandberg is in talks to testify on Facebook’s cryptocurrency libra as soon as next month
Sheryl Sandberg, chief operating officer of Facebook Inc., speaks during a Senate Intelligence Committee hearing on Wednesday. Getty Images Facebook COO Sheryl Sandberg is in talks to testify on the company’s new cryptocurrency plans as soon as next month, a source familiar with the matter told CNBC. Bloomberg first reported […]
Boeing CEO to testify in House hearing on 737 Max next month, his first appearance before lawmakers since two fatal crashes
Boeing Chief Executive Dennis Muilenburg speaks during a press conference after the annual shareholders meeting at the Field Museum on April 29, 2019 in Chicago, Illinois. Boeing announced earnings fell 21 percent in the first quarter after multiple crashes of the company’s bestselling plane the 737 Max. (Photo by Jim […]
Here are some money secrets of single-income families
AndreyPopov | iStock | Getty Images Want to save up for a down payment? Stay home with your kids? Earn a degree? It may seem impossible, but people throughout the country give up a salary to make it happen. If you want to manage on one salary, there is a […]