Aleksandarnakic | E+ | Getty Images You may be saving more money for retirement — and not even know it. An increasing share of employers are automating how people save in their company 401(k) plans, in a bid to overcome the inertia that often keeps us from building a nest egg. “Automatic escalation” — or
In this article LYV Follow your favorite stocksCREATE FREE ACCOUNT The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations. The lawsuit, joined by 30 states and filed Thursday, follows a DOJ investigation into whether Live Nation maintains a monopoly in the ticketing industry,
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 Thursday’s key moments. U.S. stocks were mixed on Thursday. The Nasdaq hit a record high after Club holding Nvidia’s spectacular quarterly earnings report on Wednesday. The leading AI chipmaker once again crushed analysts’
In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT Officials continue to conduct operation and inspect the area after the train derailment in East Palestine, Ohio, United States on February 17, 2023. EPA | Anadolu | Getty Images Norfolk Southern has agreed to pay $310 million to settle charges over a toxic train derailment
The U.S. economy has remained remarkably strong. Boosted by a strong labor market, the country has continued to expand since the Covid-19 pandemic, sidestepping earlier recessionary forecasts even after a series of Federal Reserve interest rate increases. And yet, consumer sentiment recently sank to a six-month low. That disconnect is what Joyce Chang, JPMorgan’s chair of global research, calls a “vibecession.”
Sturti | E+ | Getty Images If your kids are working summer jobs, it’s a prime opportunity to help them open a retirement account and start saving for the future, experts say. Roth individual retirement accounts can be “triple-tax efficient” for teenagers, according to certified financial planner Carol Fabbri, managing partner of Fair Advisors in
It’s Mental Health Awareness Month. There is a nationwide effort to remove the long standing stigma of mental health issues. Historically, it has been very difficult for anyone to persuade a family member to get mental health help when family sees the signs. If you have an elder in your family with these issues, it
In this article ULCC Follow your favorite stocksCREATE FREE ACCOUNT Frontier Airlines plane seen at Cancun International Airport. On Wednesday, December 08, 2021, in Cancun International Airport, Cancun, Quintana Roo, Mexico. Artur Widak | Nurphoto | Getty Images The 1986 Air Carrier Access Act requires airlines to provide a wheelchair for passengers with disabilities at
In this article ELF Follow your favorite stocksCREATE FREE ACCOUNT E.l.f Beauty products. Courtesy: e.l.f Beauty E.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer is expecting its growth to slow down in the current fiscal year. The eyes, lip, face company, known for its viral marketing
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. Justin Sullivan | Getty Images Nvidia shares jumped more than 10% on Thursday after the company on Wednesday reported
In this article AZN-GB BMY LLY NVS NOV.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Skynesher | E+ | Getty Images Big pharma is betting billions on an up-and-coming class of cancer treatments that some on Wall Street are calling a “massive opportunity.” It’s called targeted radiopharmaceuticals. The therapy essentially delivers radiation directly into tumors by
Joe Biden and Donald Trump 2024. Brendan Smialowski | Jon Cherry | Getty Images The stock market has yet to price in a potential outcome in the presidential election, a rematch between President Joe Biden and former President Donald Trump. In general, election years are not great for the stock market leading up to voting day,
U.S. Senator Elizabeth Warren (D-MA) faces reporters during a break in a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators at the U.S. Capitol in Washington, September 13, 2023. Julia Nikhinson | Reuters Elizabeth Warren wants more student loan borrowers to know that it is now easier to part with their debt in
My friend is going on a river cruise in October. She has already started her packing list because this trip is very special and she doesn’t want to be caught unprepared. I wish those approaching age 65 had the same attitude about Medicare. Knowing what you should do in the years leading up to Medicare
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing will burn through cash this year and
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia shares topped $1,000 for the first time in extended trading on Wednesday after the chipmaker reported fiscal first-quarter results that topped analyst estimates. Nvidia’s quarterly earnings report has become a way for investors to gauge the strength of the AI boom that has transfixed
In this article DOCU Follow your favorite stocksCREATE FREE ACCOUNT The DocuSign website is seen on a laptop in Dobbs Ferry, New York, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Contract management platform DocuSign is committed to growing as a public company and is working to convince investors of its artificial intelligence
Luxury homes in the historic district of Palm Beach, Florida. Felixmizioznikov | Istock | Getty Images 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. Housekeepers in Palm Beach and
Jeffrey Sonnenfeld, Yale School of Management Scott Mlyn | CNBC As this year’s proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year – most prominently at Disney and Norfolk Southern – raises the question: Are activist investors increasingly getting de-activated, losing their credibility and power? These self-styled
Sean De Burca | The Image Bank | Getty Images There’s a growing debate over how higher taxes on the wealthy affect interstate migration trends — and some experts say millionaire tax flight is underway. “Taxes are an important part of this puzzle,” said Jared Walczak, vice president of state projects for the Tax Foundation,