Xana Antunes, a veteran business journalist whose varied career included serving as executive editor of CNBC Digital during a period of significant transformation, growth and improvement, died Monday night in New York after a struggle with pancreatic cancer. Antunes, who at a relatively young age also was editor of The New York Post, most recently
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Hill Street Studios Here’s a head-scratcher: Getting a raise could hurt your standard of living in retirement. That conclusion seems counterintuitive. After all, wouldn’t saving the same percentage of a larger paycheck yield more savings, and therefore a healthier retirement? Not exactly, according to new research published by Morningstar. “Raises — and how we spend
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U.S. Treasury yields are sliding, and that could negatively impact financial institutions, CNBC’s Jim Cramer said Monday. “Worries about a worldwide slowdown mean people will buy [U.S.] Treasurys, and when people buy Treasurys, interest rates go down,” the “Mad Money” host said. “Lower long-term rates translate to lower earnings for the banks, which is why
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American multinational sport clothing brand Nike store seen in Hong Kong. Budrul Chukrut | SOPA Images | Getty Images The deadly coronavirus, whose spread accelerated around the globe, is battering the stock market, and some U.S. companies are particularly vulnerable to the disease as their growth has been driven by Chinese consumers. Wall Street analysts
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The logo of German direct bank N26 displayed on a smartphone. Felix Zahn | Photothek via Getty Images German mobile bank N26 has attracted 250,000 users in the United States, where it claims new customers are shifting funds from established giants like Chase Bank and Citibank. The financial technology company, which is backed by controversial
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