In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois. Armando L. Sanchez | Tribune News Service | Getty Images Shares of online used-car retailer Carvana surged Thursday after the company said its second-quarter results would likely come in ahead of
In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT Swiss authorities brokered the controversial emergency rescue of Credit Suisse by UBS for 3 billion Swiss francs ($3.37 billion) over the course of a weekend in March. Fabrice Coffrini | AFP | Getty Images UBS and the Swiss government announced Friday that they had signed
Traders work on the floor of the New York Stock Exchange. NYSE Millionaire investors are adding to their mountains of cash, betting on higher interest rates and weak stock markets in 2023, according to the CNBC Millionaire Survey. More than a third of millionaire investors, 34%, report keeping more of their money in cash, according
From self-service fast-food restaurant kiosks to smartphone delivery apps, there are more opportunities to tip for a wider range of services than ever before. But between the high cost of living and uncertain economy, cash-strapped consumers are starting to tip less — and resent tipping prompts even more. related investing news Markets are making a bet that inflation
In this article TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT TESLA logo on a charging station on May 26, 2023. Harry Langer | Defodi Images | Getty Images DETROIT — General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader’s North American charging network and technologies.
In this article CMTL GM MTN DOCU Follow your favorite stocksCREATE FREE ACCOUNT The DocuSign website on a laptop in Dobbs Ferry, New York, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines after hours. DocuSign — DocuSign jumped 5.6% in extended trading after the electronic agreements firm
I’m standing in one of the “most expensive hotel rooms” in the world. Per square meter, that is. That’s according to Matthieu Ollier, manager of the Venice Simplon-Orient-Express, who said the train’s Grand Suites cost 24,000 euros ($25,850) for a one-night trip from Venice to London. That’s $2,000 per meter — if you can secure
Simpleimages | Moment | Getty Images Millionaires moved money out of stocks into cash and cash-like investments in the past year and may add to those allocations over the next 12 months, according to a new CNBC Millionaire Survey. But the average investor may not be wise to mirror the millionaires. Much would depend on
A sign is posted in front of a home for sale in San Francisco, February 20, 2023. Justin Sullivan | Getty Images Even in a housing market that has slowed significantly due to rising mortgage rates, the supply of homes for sale is about half of what it was in 2019. The shortage is hitting
People walk in Central Park as smoke from wildfires in Canada cause hazy conditions in New York City on June 7, 2023. Timothy A. Clary | AFP | Getty Images Smoke from Canada wildfires is set to disrupt flights again Thursday after hundreds were delayed a day earlier due to decreased visibility, the Federal Aviation
NurPhoto | NurPhoto | Getty Images Check out the companies making headlines in midday trading. GameStop — The meme stock tumbled nearly 18% after the company fired CEO Matthew Furlong and appointed Ryan Cohen as executive chairman, effective immediately. The company didn’t provide a reason for the termination. related investing news Wells Fargo says improving
Erin M. Collins, National Taxpayer Advocate Source: IRS LAS VEGAS — After a difficult three years for taxpayers, the IRS has made significant improvements. But there’s still work to do, according to the National Taxpayer Advocate Erin Collins. “This filing season has probably been as close to normal as possible,” she said, speaking at the
The U.S. Supreme Court. Douglas Rissing | Istock | Getty Images Student loan borrowers anxious to know whether or not they’ll get their debt forgiven will likely get their answer within weeks. The Supreme Court heard oral arguments at the end of February for two of the legal challenges brought against President Joe Biden’s plan
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In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Ryan Cohen from an appearance on CNBC. CNBC GameStop fired its CEO Matthew Furlong and appointed its board chairman Ryan Cohen as executive chairman effective immediately, the company said Wednesday. Shares of GameStop dropped more than 20% in extended trading after the video game retailer
Bank of China is one of the major state-owned banks in China. Pictured here is a branch in Shanghai on March 27, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an economy where consumption has been slow
Travelers can avoid paying some of Bhutan’s daily tourism fees, as long as they stay at least five nights. Last week, Bhutan announced changes to its Sustainable Development Fee which made headlines after it jumped from $65 to $200 a day when the country reopened its borders in September. Travelers who pay the SDF for
zimmytws | iStock | Getty Images Last November’s midterm elections were expected to bring a so-called “red wave” of wins for Republican candidates. But ultimately, voters gave Democrats an edge in some of the most competitive congressional districts. One deciding factor was candidates’ messages around Social Security and Medicare, which helped sway voters, particularly those
The proposed merger between the PGA Tour and its Saudi-funded rival LIV Golf stunned everyone from golfers to Wall Street bankers this week – leaving many with questions about what the merger could mean. The deal was announced following months of feuding and antitrust lawsuits between the two leagues. The agreement would end all pending
Gabby Jones | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Affirm — Shares of the payments company surged 6% after Affirm and Amazon announced a new compatibility feature. Affirm’s Adaptive Checkout, which offers customers pay-over-time plans, will now be a payment option through merchants offering Amazon Pay. related investing