Everyone has a goal they want to work towards. But the ones who are most successful have an “unstoppable nature” that sets them apart from the rest, according to self-made millionaire Bethenny Frankel. At CNBC’s Small Business Playbook virtual summit this week, Frankel discussed building her Skinnygirl ready-to-drink cocktail business from the ground up before
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In this article ARCB ABNB CRUS PINS MPWR The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Economic data and earnings reports have been dictating the pace of the market as investors search for hints on
In this article META Facebook’s new rebrand logo Meta is seen on smartpone in front of displayed logo of Facebook, Messenger, Intagram, Whatsapp and Oculus in this illustration picture taken October 28, 2021. Dado Ruvic | Reuters WhatsApp is already widely popular with U.S. consumers. Now Meta Platforms is turning more attention to building its
Firefighters pull up to a burning house during the Kincade fire in Healdsburg, California, on Oct. 27, 2019. Josh Edelson | Afp | Getty Images As climate change threatens the U.S. with more natural disasters, it’s becoming increasingly costly for Americans to insure their homes — and it’s only expected to get worse, according to
In this article BBBY A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond is axing one of its private labels, Wild Sage, about a year after the company made an aggressive push into
Over $2 billion has been stolen from cross-chain bridges so far this year, according to crypto analysis firm Chainalysis Jakub Porzycki | Nurphoto via Getty Images Crypto company Nomad said it’s offering hackers a bounty of up to 10% to retrieve user funds after losing nearly $200 million in a devastating security exploit. Nomad pleaded
Jim Watson | Afp | Getty Images Senate Democrats’ package of climate change, health-care, drug pricing and tax measures unveiled last week has proponents and opponents debating whether the legislation violates a pledge President Joe Biden has made since his presidential campaign, to not raise taxes on households with incomes below $400,000 a year. The answer isn’t
A customer waits to order food at a McDonalds fast food restaurant on July 26, 2022 in Miami, Florida. Joe Raedle | Getty Images Fast-food chains are playing up the value of their burgers, pizzas and tacos as inflation squeezes budgets — but expect higher prices, skimpier portions and more deals enticing people to sign
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019. Ann Saphir | Reuters Federal Reserve Governor Michelle Bowman said Saturday she supports the central bank’s recent big interest rate increases and thinks they are likely to
Getty Images President Joe Biden has promised to make his decision on student loan forgiveness “by the end of August.” That means tens of millions of Americans could learn the future of their debt within days or weeks. Here are 5 things borrowers can do while you wait for more news, to be prepared for
Over the course of the last year, it has become clear that Democratic lawmakers want to change U.S. tax rules for large companies. However, as proposals have been debated in recent months, there are have been clear divides between U.S. proposals and the global minimum tax rules. Before getting too far into the weeds, it
In this article NFLX Dado Ruvic | Reuters Netflix is accelerating its push into video games with plans to double its catalog of offerings by the end of the year, but for now, few of the streaming giant’s subscribers are playing. Since last November, the company has been rolling out the games as a way
Zoom In IconArrows pointing outwards Bureau of Labor Statistics The U.S. economy added many more jobs than expected last month, and there was an appetite for workers particularly in the service sector, which has been grappling with labor shortages. The leisure and hospitality sector saw the most jobs growth, with 96,000 payrolls added in July,
I never was the entrepreneurial type. But after losing my job as an audio engineer in 2009, I had to get creative to make ends meet. Thirteen years later, at age 39, I’ve built two online businesses that earns me a combined $160,000 a month in passive income. I also recently published a book, “How
In this article BRK.A An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022. Scott Morgan | Reuters Berkshire Hathaway‘s operating profits jumped in the second quarter despite fears of slowing
Kelvin Murray | Getty Images A combination of record high prices and a record number of job openings has been encouraging more retirees to go back to work. The trend, called “unretirement,” rebounded this spring to pre-pandemic levels. About two-thirds, or 68%, of retirees would consider returning to work, according to a recent CNBC All-America
Filip Radwanski | Lightrocket | Getty Images The retail battle narrative over the past few decades has cited one of two wars: Amazon and e-commerce against the big bricks-and-mortar retailers, and everybody big against small Main Street entrepreneurs. But in the current confusing economic environment — marked by inflation, supply chain bottlenecks and a volatile
A Starship prototype stands on the company’s launchpad in Boca Chica, Texas on March 16, 2022. SpaceX Elon Musk’s SpaceX raised $250 million in an equity round last month, the company disclosed in a securities filing on Friday. It has now raised $2 billion in 2022. The filing doesn’t specify the sources of the funds,
Long-term unemployment tumbled below its pre-pandemic level in July, the U.S. Department of Labor said Friday, as an unexpectedly strong showing of job gains buoyed workers broadly across the economy. Long-term joblessness is a period lasting at least six months. Those without work that long are exposed to more financial risks, since they’ve generally exhausted
In this article TRU There’s no doubt Americans are falling deeper in debt. As prices jump across the board, consumers are increasingly relying on credit cards to make ends meet. The number of people with credit cards and personal loans hit record highs in the second quarter of 2022, according to TransUnion’s latest credit industry