Tesla is swerving lower again Friday. Its stock is falling and now down 8% this week after a third fatal crash involving its autopilot function embroiled the electric carmaker in bad press. Those losses added to a 34% slump in 2019, putting it on track to post its worst annual drop ever. Wall Street is
Paul Bradbury | Caiaimage | Getty Images All parents know what it’s like trying to pull off a good family vacation. After planning, traveling, keeping track of luggage and children, and dealing with squabbles and untimely bathroom needs, if you return intact with everyone still mostly on speaking terms, you’re likely to consider it a
Is it time to tariff-proof our dividends (again)? A couple months into the U.S.-China trade tensions, I said the key was to buy dividend-growth stocks: “Payout growth like that is proven to throw an updraft under share prices when the markets get skittish due to any kind of worry: trade spats, terrorist attacks, wars—you name
With the recent news of American Express acquiring Resy, the reservation platform that connects restaurants and diners in 160 cities in 10 countries, the restaurant world continues to evolve. One notable trend sees the old divide between chefs and diners crumbling more than ever. Perhaps it started at the sushi bars, perhaps at kitchen counters
Kit Harington as Jon Snow featured in the Game of Thrones season 6, episode 9 Source: HBO In an era in which binge-watching is the new norm, HBO’s “Game of Thrones” breaks the mold. Instead of releasing new episodes all in one day, the fantasy drama doles them out in weekly installments, just like traditional
A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning that Pinterest makes its initial public offering on April 18, 2019. Spencer Platt | Getty Images Check out the companies making headlines midday Friday: Cray — Shares of Cray surged 19.4% after the supercomputer manufacturer announced
Hero Images | Hero Images | Getty Images Millennials need to invest — and they need to do it now. There are many benefits to investing early and often, but unfortunately too many millennials are sitting on the sidelines because they worry about the risk of suffering a repeat of the Great Recession of 2008.
Pershing Square Capital Management CEO Bill Ackman speaks during an event in New York. Jin Lee | Bloomberg | Getty Images Things are looking pretty good for activist investor Bill Ackman. The net asset value of Pershing Square Holdings, Ackman’s publicly traded vehicle, rose 36.9% in the first quarter of 2019 and remains up more
With 401(k) balances near all-time highs, retirement savers are probably feeling pretty good about themselves these days. The first part of this year saw record contributions, thanks, in part, to a strong stock market, according to Fidelity, the nation’s largest provider of 401(k) plans. Eventually though, savers will have to take distributions from those accounts.
The latest annual report from the Trustees of Medicare and Social Security sparked a lot of discussion, but many of the conclusions people made are wrong. Every year the trustees of Social Security issue a report to Congress and the public on the financial status of the program and its trust funds. You can find
Real estate can be a competitive industry. Depending on the property type and location, bidding wars can quickly get heated and emotional. Because of this, many investors can make some missteps in the bidding process, costing them valuable time, resources and property deals. To help you avoid a similar fate, we asked a group of Forbes Real
Since its founding in 1961, Luxottica has transformed glasses from a necessary medical device to a fashion statement. It owns several popular brands, like Ray-Ban and Oakley, manufactures frames for dozens of luxury fashion houses, owns several eyeglass retail chains, and even operates the vision insurance company EyeMed. Its vertically integrated strategy helped it pull
Ben Silbermann, co-founder and chief executive officer of Pinterest Inc., center, rings the opening bell on the floor on the New York Stock Exchange during the company’s initial public offering (IPO) in New York, on Thursday, April 18, 2019. Michael Nagle | Bloomberg | Getty Images Pinterest is set to release its first quarterly earnings
Attendees at the Viva Technology conference in Paris. It’s one of Europe’s largest tech shows. CNBC PARIS — Now in its fourth year, the Viva Technology conference has become one of the largest tech trade shows in Europe. And it’s not been short on weird and wonderful innovations and gadgets. This year’s event saw everything
Packages of Beyond Meat Inc. beef crumbles are displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019. Daniel Acker | Bloomberg | Getty Images A notable short seller is roasting newly public Beyond Meat. Andrew Left of Citron Research took to Twitter Friday afternoon, saying the hype around the plant-based meat
Nancy Ney | Photodisc | Getty Images As the cost of college rises, more parents are cosigning private loans for their children’s education. That move can wreak havoc on older people’s financial lives if their child struggles to repay the debt. Some 45% of adults over 50 who took on education-related debt for someone else
Senator Ron Wyden, left, a Democrat from Oregon and ranking member of the Senate Finance Committee, speaks with Senator Orrin Hatch, a Republican from Utah and chairman of the Senate Finance Committee. Sen. Wyden introduced a bill that would allow employers to make matching contributions to retirement plans on the student loan payments made by
The gig economy has exploded in recent years, and it’s changing the way we think about traditional “work.” For instance, many people are choosing to freelance full-time, work part-time while freelancing or even work full-time while pursuing side hustles. While gig economy workers enjoy a lot more freedom than they might in the corporate world,
As the eternal quest for corporate efficiency and collaboration continues to unfold in the minds and hearts of business owners and employees alike, the communal and social aspects of co-working have now made their way to a new frontier: your home. In the last few years, Europe has seen the proliferation of co-living, which is
CNBC’s Jim Cramer said Friday investors his blessings to buy shares of InterActiveCorp. The media and internet conglomerate on May 8 released its financial report for the period ending March 31, which delivered earnings per share of $1.06. The company reported 86 cents EPS the year prior. “I thought that was an amazing quarter,” the