The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023. Costfoto | Nurphoto | Getty Images Chinese tech giant Alibaba Group is betting on its overseas businesses while domestic consumption growth remains sluggish. One bright spot in Alibaba’s latest earnings report was its international […]
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Traveling teachers work with families who travel the world — here’s what it pays
Lucy Alexandra Spencer spent 16 weeks abroad last year in Oman, France, Switzerland and Portugal. Unlike with most people, traveling is how she earns — rather than spends — money. The trips are paid for by Spencer’s employers — they’re wealthy Europeans and Americans who hire her to travel with […]
Sony to release a ‘Pro’ version of the PlayStation 5 this year after cutting outlook, analysts say
Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony is likely to release a refreshed version of the PlayStation 5 this year, analysts told CNBC, after the company cut its forecast for sales of […]
Capital One acquiring Discover Financial Services, report says
Sopa Images | Lightrocket | Getty Images Capital One Financial is set to acquire Discover Financial Services, according to a report from The Wall Street Journal. The deal could be announced Tuesday, the outlet said, citing sources. The merger of the two companies, who are among the largest credit card […]
Let’s accept it: The Fed’s rate hikes did little to slow this roaring economy
Can’t stop won’t stop? OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. And as we walk into retail earnings hell — a period where too many retailers report all at once and the comparisons become odiously confusing, […]
Job posts for workers without degrees are booming. The actual hiring doesn’t always follow
Many of the market’s top companies with the largest workforces in the nation are touting degreeless jobs and actively removing degree requirements from more job postings. The idea of hiring based on skill rather than completion of college education for certain roles has become more prevalent at a time when […]
Raising your credit score can help you save $92 per month, report finds. Here are some expert tips
Jose Luis Pelaez Inc With consumer prices still rising due to higher inflation, there is one way to save money that you may be overlooking: raising your credit score. Increasing your score from fair (580 to 669) to very good (740 to 799) may help you save $22,263 over the […]
Disney star turned space CEO: Bridgit Mendler launches satellite data startup backed by major VCs
Actress and singer Bridgit Mendler attends NBCUniversal’s after party for the 72nd annual Golden Globes Awards at The Beverly Hilton hotel in Beverly Hills, California, on Jan. 11, 2015. Paul Archuleta | Filmmagic | Getty Images Bridgit Mendler is no stranger to reaching millions of people — now she wants […]
Americans making student loan payments have up to 36% less saved for retirement
It’s no secret that it can be difficult for student loan borrowers to manage both making their debt payments and saving for retirement. Student loans come with a minimum monthly payment that borrowers have to meet to keep their loans — and as a result, their credit history — in […]
These are the best—and worst—U.S. metro areas for first-time homebuyers
For many, it seems that becoming a first-time homebuyer in the U.S. is only getting harder. Mortgage rates are high, and some people can’t afford to take the financial plunge and choose to keep renting while waiting for the market to change. Creditnews Research analyzed America’s 50 largest metro areas […]