SailGP has signed Rolex as the first title partner of its global sailing competition. Courtesy: SailGP The self-described Formula 1 of sailing has signed Rolex as the first title partner of its elite sailboat racing competition. SailGP’s series of events, which kicks off its 2025 season in Dubai on Saturday, will now be known as
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TJX Companies delivered strong quarterly results before Wednesday’s opening bell. While guidance was a bit below expectations, it was not overly concerning given the off-price retailer’s proclivity to under-promise and over-deliver. Revenue during TJX’s fiscal 2025 third quarter ended Nov. 2 rose 6% year-over-year to $14.06 billion, beating the LSEG-compiled consensus estimate of $13.95 billion.
Ken Griffin, chief executive officer and founder of Citadel Advisors LLC, speaks during an Economic Club of New York event in New York, US, on Thursday, Nov. 21, 2024. Yuki Iwamura | Bloomberg | Getty Images Citadel CEO Ken Griffin issued a warning against the steep tariffs President-elect Donald Trump vowed to implement, saying crony
Mementojpeg | Moment | Getty Images The Biden administration has forgiven a record amount of federal student debt. But in about two months, President-elect Donald Trump, a vocal critic of student loan forgiveness polices, will enter the White House. Under Trump, the U.S. Department of Education is likely to abandon its efforts to deliver wide-scale
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President-elect Donald Trump announced he would create a Department of Government Efficiency (DOGE), spearheaded by entrepreneurs Elon Musk and Vivek Ramaswamy, to find ways to save taxpayer dollars. Say what you will about the ability of Musk and Ramaswamy to build successful businesses, but it is likely that they have never encountered a challenge as
In this article GAP Follow your favorite stocksCREATE FREE ACCOUNT People walk past an Old Navy store on Fulton Street on April 11, 2024 in Downtown Brooklyn in New York City. Michael M. Santiago | Getty Images Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company
In this article INTU Follow your favorite stocksCREATE FREE ACCOUNT Intuit CEO Sasan Goodarzi speaks at the opening night of the Intuit Dome in Los Angeles on Aug. 15, 2024. Rodin Eckenroth | Filmmagic | Getty Images Intuit shares fell 6% in extended trading on Thursday after the finance software maker issued a revenue forecast
In this article GLD @GC.1 Follow your favorite stocksCREATE FREE ACCOUNT The founder of the first gold-tracking ETF is still bullish on the commodity two decades later. “Things are looking good for the rest of this year and for next year,” George Milling-Stanley told CNBC’s “ETF Edge” this week. The State Street chief gold strategist
Marco Vdm | E+ | Getty Images Many employees have a health savings account, which offers tax incentives to save for medical expenses. However, most are still missing out on long-term HSA benefits, experts say. Two-thirds of companies offer investment options for HSA contributions, up 60% from one year ago, according to a survey released
Sporrer/Rupp | Image Source | Getty Images Most Americans are concerned about what may happen to Social Security when its retirement trust fund crosses a projected 2033 depletion date, according to a new Bankrate survey. Nearly three-quarters, 73%, of non-retired adults and 71% retired adults say they worry they won’t receive their benefits if the
Updated for tax year 2024. Did you profit from selling a house, some investments, or even a car this year? If so, you’ll likely need to report the sale on your income tax return due to the long-term capital gains tax. Fortunately, if your sale qualifies as a long-term capital gain, the taxes are less
New York City FC renderings for Etihad Park stadium in Queens, NY. Courtesy: New York City FC. When New York City FC’s new stadium opens up just before the 2027 Major League Soccer season, it will have a familiar partner’s name tied to it. The club is partnering with Etihad Airways for the exclusive naming rights
Don’t sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday’s closing bell. The cybersecurity company delivered strong fiscal 2025 first-quarter results, beating estimates on basically every line. It also raised full-year guidance across several key metrics. However, the recently rallying stock fell victim to profit-taking as
In this article AAPL GOOGL PYPL SQ Follow your favorite stocksCREATE FREE ACCOUNT Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023. Tom Williams | Cq-roll Call, Inc. |
Italian visual artist Maurizio Cattelan’s duct-taped Banana entitled “Comedian,” is on display during a media preview at Sotheby’s in New York, on November 8, 2024. Kena Betancur | Afp | 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
Voters stand in line at a local polling station in Washington, DC, on November 5, 2024. Americans cast their ballots in the presidential race between Republican nominee former President Donald Trump and Democratic nominee Vice President Kamala Harris, as well as multiple state elections that determine the balance of power in Congress. (Photo by Nicolas
A home with a “Sold” sign from a real estate company in North Patchogue, New York. Steve Pfost | Newsday | Getty Images A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer. Sales of previously owned homes last month rose 3.4% from September to a seasonally adjusted,
Blog February 6, 2024February 6, 2024 Treasury Finds TCJA Interest Limitations Had Small Impact on Corporate Activity Limiting interest deductibility continues to be a worthwhile policy goal, but given the current climate, policymakers should opt to pair any further limitations with other pro-growth policies such as full expensing to ensure firms’ incentives to invest are
In this article HYMTF .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT 2026 Hyundai Ioniq 9 EV. Hyundaio Hyundai Motor’s newest all-electric vehicle is the 2026 Ioniq 9 SUV — a three-row, up to seven-passenger SUV for the U.S. market. The new vehicle is Hyundai’s largest EV entry to date, joining the smaller Ioniq 5 and
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