In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT A scene from the “Barbie” movie. Courtesy: Warner Bros. “Barbie” is less than $100 million away from topping $1 billion at the global box office. Heading into the weekend, the bubblegum pink flick from Warner Bros. Discovery and Mattel has tallied $916.1 million. It’s expected
Month: August 2023
From across the globe, spanning a diverse range of applications in finance — these are the world’s top 200 fintech companies. Together, CNBC and independent market research firm Statista worked to compile a comprehensive list of companies building innovative, tech-enabled and finance-related products and services. The partnership set out to list the top fintech companies
Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting stingier with customer rewards. Airlines are making it harder to earn elite status. Retailers have tightened return windows and tacked on fees. Dunkin’ and Sephora are
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway on Saturday reported a solid increase in second-quarter operating earnings, while the cash hoard at Warren Buffett‘s conglomerate swelled to nearly $150 billion. The
In its July 2023 Market Update, Midtown-based brokerage Elegran described the Manhattan and Brooklyn markets as “neutral, where neither buyers nor sellers have a significant advantage.” While decreasing supply and a sharp decline in median listing discounts may point toward a seller’s market, a retreating demand and median price per square foot favor buyers. Just
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images Entertainment | Getty Images Goldman Sachs is known
While ETFs holding stocks such as Microsoft, Tesla and Meta Platforms have outperformed this year, there are other ways to play the artificial intelligence trade beyond familiar Big Tech names. For those who want to ride the AI rally while still diversifying their portfolio beyond the tech sector, there are other fields benefiting indirectly from
A tray of Rolex watches are seen on a dealer’s stand at the London Watch Show on March 19, 2022 in London, England. Leon Neal | Getty Images Prices for luxury watches are near a two-year low on the secondhand market, reversing a rally that brought timepieces like Rolex, Patek Philippe and Audemars Piguet to
Peopleimages | E+ | Getty Images The U.S. retirement system is a sprawling complex, a so-called “three-legged stool” of Social Security payments, workplace savings plans and individual wealth. But is the system falling short in its primary goal of achieving a secure retirement for all Americans? related investing news Fitch downgrade of long-term U.S. debt
At the beginning of August, CrowdStreet CEO Tore Steen stepped down amid fire after more than $50 million went missing, as reported in Bisnow. The funds had been raised for deals in Atlanta and Miami by New York real estate firm Nightingale Properties, and they never closed. Both the Atlanta and Miami entities filed for
In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT An Astra Spacecraft Engine during testing. Astra Struggling space company Astra is cutting 25% of its workforce, the company announced Friday, and restructuring to focus more on its spacecraft engine business, which will delay progress on the small rocket it has been developing. Astra is
In this article OPEN TUP FTNT Follow your favorite stocksCREATE FREE ACCOUNT An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier |
When it comes to luxury spending, billionaire Mark Cuban draws the line at yachts, butlers and house cleaning services. “I just try to be the same person, I mean, as I was when I was poor, middle and rich,” Cuban, 65, told “The Really Good Podcast” on Thursday. “The whole idea of like, get a
Lucigerma | Istock | Getty Images Predictions that a recession may be looming for the U.S. economy have so far not come to fruition. Now, some experts are backing off the prediction altogether, including Federal Reserve staff economists. “What’s out: Mild recession,” states new economic research released by Bank of America this week. “What’s in:
With the introduction of the SECURE Act 2.0, various shifts are in motion, and one particular change will significantly affect individuals seeking to enhance their 401(k) contributions, particularly as retirement nears. Starting in January 2024, high-income taxpayers (those with earnings in excess of $145,000) wanting to make catch-up contributions to traditional retirement accounts will have
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola TRE FCEV2 Courtesy: Nikola Shares of electric truck maker Nikola fell more than 24% Friday after a complicated second-quarter report, news of a CEO departure and shareholder approval to issue new stock. Nikola said Friday its CEO, Michael Lohscheller, will step down effective immediately
VMS Eve, operated by Virgin Galactic, returns after the company’s first commercial flight to the edge of space, at the Spaceport America facility, in Truth or Consequences, New Mexico, U.S., June 29, 2023. Jose Luis Gonzalez | Reuters Virgin Galactic reported second-quarter losses on Tuesday that were slightly wider the year-ago period, as the space
Amazon workers sort packages for delivery in New York, July 12, 2022. Michael M. Santiago | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Amazon — The e-commerce giant surged 8.3% after delivering a massive profit beat and positive guidance. Amazon’s cloud and ad businesses also reported better-than-expected
dowell | Moment | Getty Images After another interest rate hike from the Federal Reserve, investors have several competitive options for cash, including money market funds, with yields currently above 5%. But there are trade-offs to consider, experts warn. Money market funds — which are different than money market deposit accounts — are a type
Emilija Manevska | Moment | Getty Images Consumers may soon be able to access $14,000 or more of federal rebates for making energy-efficient upgrades to their home. But just how soon will vary by state — and some may opt not to make the funds available at all. The rebates are part of the Inflation
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