Regardless of where the Supreme Court comes out on President Joe Biden‘s student loan forgiveness plan, education debt isn’t going away. College is only getting more expensive. Tuition and fees plus room and board at four-year, in-state public colleges rose more than 2% to $23,250, on average, in the 2022-23 academic year; at […]
CNBC
Stocks making the biggest moves midday: First Solar, News Corp, Charles Schwab, Twilio and more
Connie Black makes adjustments to the manufacturing line for the series 6 solar panels seen during a tour of a First Solar plant in Walbridge, Ohio, October 6, 2021. Dane Rhys | Reuters Check out the companies making the biggest moves midday: First Solar — Shares soared 22% after the […]
Jim Cramer says off-price retailer TJX could be ‘eating the carcass’ of Bed Bath & Beyond
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Stocks edge down More upside for TJX Stick with FL 1. Stocks edge down Stocks trended lower Friday morning amid the ongoing political stalemate over […]
Elon Musk hires ex-NBCUniversal ad chief Linda Yaccarino to be Twitter’s CEO
NBCUniversal global advertising chief Linda Yaccarino has resigned to join Twitter as its next chief executive. Twitter owner Elon Musk confirmed the hire in a tweet Friday. “I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk tweeted. He said she “will focus primarily on business […]
U.S. can avoid default in July if Treasury can make it through June cash crunch, Congressional Budget Office says
People walk and ride bicycles past the US Capitol in Washington, DC, on May 11, 2023. Jim Watson | AFP | Getty Images WASHINGTON — The Congressional Budget Office on Friday said that tax revenues and emergency measures after June 15 “will probably allow the government to continue financing operations […]
Fed Governor Philip Jefferson named as new vice chair to succeed Lael Brainard
Dr. Philip Nathan Jefferson, of North Carolina, nominated to be a Member of the Board of Governors of the Federal Reserve System, speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. Ken Cedeno | Reuters Federal Reserve […]
NBCUniversal ad chief Linda Yaccarino resigns as sources say she’s in talks to be Twitter CEO
Linda Yaccarino, chairman of advertising and partnerships at NBC Universal Media LLC, speaks during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 23, 2018. Jason Alden | Bloomberg | Getty Images NBCUniversal global advertising chief Linda Yaccarino has resigned, […]
The No. 1 city to find a remote job, according to new research—it isn’t New York or San Francisco
The job market for remote workers might be shrinking in some cities, but it’s flourishing in others. A new paper from the U.S. National Bureau of Economic Research (NBER) identifies the cities where remote jobs are growing the fastest, focusing on five English-speaking countries: the U.S., the U.K., Australia, Canada […]
Changing your portfolio to beat the ‘looming recession boogeyman’ is a mistake, advisor says
Bryan Allen | Getty Images The threat of a recession has weighed heavily on many investors’ minds amid higher interest rates, banking turmoil and layoffs. But you should still try to avoid reactive investing moves, according to financial advisors. Public pessimism about the economy recently notched a new high, according […]
Goldman Sachs created an A.I.-powered social media startup for corporate use
Rohan Doctor, CEO and founder of Louisa Source: Goldman Sachs Goldman Sachs, known more for its Wall Street bankers than its technology, has just spun out the first startup from its internal incubator. The company, a networking platform for employees called Louisa, was funded and owned by the New York-based […]