Mixetto | E+ | Getty Images If you’re self-employed, hiring your kids could provide tax benefits — provided you follow labor laws and IRS rules, experts say. Small businesses hiring their own children is a popular topic among social media influencers on platforms such as TikTok, Instagram and YouTube. But tax professionals say they are
Alibaba’s international e-commerce platform AliExpress is a UEFA Euro 2024 sponsor and has signed David Beckham as its global brand ambassador. AliExpress BEIJING — Soccer star David Beckham will promote Alibaba‘s international e-commerce platform, AliExpress, in its biggest global brand ambassador partnership to date, the business unit announced Monday. The deal comes against the backdrop
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on “the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM’s workforce” in Washington, U.S., December 13,
In this article ROST TJX Follow your favorite stocksCREATE FREE ACCOUNT A T.J. Maxx store in Pasadena, California. Mario Anzuoni | Reuters Off-price retailers like TJX Companies and Ross are still posting sales gains and taking market share from rivals, but it’s not just because consumers are under pressure and hunting for value. Persistent inflation
Zoom In IconArrows pointing outwards Credit: J.P. Morgan Private Bank A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Today’s workaholic wealthy rarely have time to sit back and read
Ryanjlane | E+ | Getty Images Sometimes, it pays to pay with cash. More merchants are offering a lower price to customers who use cash rather than credit card for a purchase. That means opting for paper over plastic may save you money in some cases. Just how much? Typically, cash discounts run about
A recreational marijuana smoker indulges in smoking weed on April 14, 2020 in the Bushwick section of the Brooklyn borough of New York City. Bruce Bennett | Getty Images Americans are reaching for buds more than booze. Daily or near-daily marijuana use is now more common than similar levels of drinking in the U.S., according
In this article LMT BA Follow your favorite stocksCREATE FREE ACCOUNT In this handout provided by the National Aeronautics and Space Administration (NASA), a United Launch Alliance Atlas V rocket with Boeing’s CST-100 Starliner spacecraft aboard is seen illuminated by spotlights on the launch pad at Space Launch Complex 41 ahead of the NASA’s Boeing
In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images Pharmacy staff at two CVS retail stores in Rhode Island voted to join a
Wellness travel can be enjoyed with a loved one, the entire family, or even solo. Getty Images Avid traveler Lora Bowler is cutting back on vacation spending. That doesn’t mean she’s skipping the resort. The New York resident said she spent more in 2023 than she had expected to, including on travel, and is now
Fatcamera | E+ | Getty Images To understand why women are still fighting to catch up to men economically, author Josie Cox turns to the past. She doesn’t have to look too far back. The Women’s Business Ownership Act, which allowed women to obtain business financing without a male co-signer, didn’t pass until 1988, Cox,
In this article MBG-DE Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images DETROIT – The United Auto Workers union is challenging the results of
Phynart Studio | E+ | Getty Images Coming up with the down payment as an aspiring homeowner can be daunting, but many have already begun working toward that goal. About 77% of future homebuyers have started putting money aside for a down payment, according to a new survey by Clever.com, a housing and real estate
Cows are seen standing in a feedlot on June 14, 2023 in Quemado, Texas. Brandon Bell | Getty Images U.S. health officials are monitoring and preparing to combat bird flu in humans, even as they stress that the risk to the general public remains low. A strain of bird flu called H5N1 has been confirmed
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. 1. Wall Street was bouncing higher Friday after, as Jim Cramer put it, a “really bad day” in the prior session. Thursday’s late-day decline happened as bond yields rose on
Elena Perova | Istock | Getty Images High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices skyrocketed during the pandemic, and in many cases, they’ve kept going up, even though the pandemic is over,” Sen. Elizabeth Warren, D-Mass., said at a Wednesday Senate
Most people are confused about how much money they need to retire comfortably, and financial services firms often add to the confusion. Two recent surveys show the confusion, especially when compared with other data. American adults say on average they now need $1.46 million to retire, according to the Northwestern Northwestern Mutual 2024 Planning &
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly on Friday said it is investing another $5.3 billion in a manufacturing plant in Lebanon, Indiana, to boost supply
In this article DJT Follow your favorite stocksCREATE FREE ACCOUNT This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media & Technology Group, the parent company of Donald
In this article ARES Follow your favorite stocksCREATE FREE ACCOUNT Michael Arougheti, Ares Management Corporation Co-Founder, CEO & President Adam Jeffery | CNBC The explosion of private credit has been met with a whole host of concerns, but among the louder ones more recently is that the industry has not experienced a downturn at scale.