In this article GS Follow your favorite stocksCREATE FREE ACCOUNT The upcoming spate of tech IPOs could help kickstart muted capital markets, Goldman Sachs CEO David Solomon told CNBC’s David Faber. Firms including chip designer Arm and Instacart have filed to go public, and companies that are mulling listings will watch how those IPOs go,
Month: September 2023
Sunrise over Hong Kong’s Sky 100 Observation Deck. Anuchit Kamsongmueang | Moment | Getty Images Asia’s ultra-high-net-worth population declined by about 10.9% last year, marking the largest regional drop in the world, a report by data firm Altrata showed. “Asia’s ultra wealthy population fell by 11% in 2022, the most of any region, to 108,370
Big government is back — big programs with big price tags, all wrapped up in some very big ambitions. When President Biden campaigned on a promise to “Build Back Better,” he wasn’t just coining a slogan. Biden came to the presidency with a back-to-the-future view of American governance. As the Financial Times pointed out recently,
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an hour. Joe Raedle | Getty Images News | Getty Images Walmart has cut starting pay
Luke Chan | E+ | Getty Images Almost half — 46% — of 401(k) investors don’t know what investments are in their workplace retirement plan, according to a new CNBC Your Money Survey. But that’s not necessarily bad news, financial advisors said. That’s because most employers that offer a 401(k) plan automatically enroll workers into
A sign posted outside a restaurant looking to hire workers in Miami, May 5, 2023. Joe Raedle | Getty Images News | Getty Images The gap between wage growth and inflation is closing. But it may take time for workers to fully recover from the fastest jump in prices in 40 years. “Hopefully, before too
In this article PL RH DOCU SMAR GWRE Follow your favorite stocksCREATE FREE ACCOUNT The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in extended
Most people imagine reaching their career goals will result in lifelong happiness. The opposite was true for Airbnb CEO Brian Chesky. For Chesky, the goal was an IPO, he recently told Dax Shepard’s “Armchair Expert” podcast. Even as Airbnb’s popularity and private valuation soared throughout the 2010s, Chesky didn’t feel successful, he said — and
The news is full of stories regarding yesterday’s call by WeWork to its landlords serving notice that they were seeking to renegotiate nearly all their leases. This was accompanied by a letter from WeWork CEO David Tolley who stated inter alia that “[a]s part of these negotiations, we expect to exit unfit and underperforming locations”
As House Republicans engage in a nasty internal battle over whether to raise the $10,000 cap on the state and local tax (SALT) deduction, a new Tax Policy Center analysis shows the Ways & Means Committee bill at the center of the squabble would reduce the share of households affected by the SALT deduction to
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT UAW Local 5960 member Kinethia Black fills the brakes of a 2022 Chevrolet Bolt EUV during vehicle production on Thursday, May 6, 2021 at the General Motors Orion Assembly Plant in Orion Township, Michigan. Photo by Steve Fecht for Chevrolet DETROIT – General Motors on
Many Americans are house-rich, at least on paper. Thanks to skyrocketing housing prices, homeowners are now sitting on nearly $30 trillion in home equity, according to the St. Louis Federal Reserve — just shy of the 2022 peak. That’s roughly $200,000 cash per homeowner in equity that can be tapped, which is the amount most lenders
John M Lund Photography Inc | Digitalvision | Getty Images Most Americans will have to rely on their savings to fund their retirement, but financial stress makes it hard for many workers to save. A new CNBC Your Money Survey conducted by SurveyMonkey found that 74% of Americans are feeling financially stressed, up from 70%
The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Dutch payments giant Adyen on Thursday said it won approval for a banking license in the U.K., marking a deeper push from the company into the banking sector. The company said its new license would allow its merchants
In the massive and eclectic mosaic that is America, each county tells its own unique story, interwoven with threads of hope, ambition, dreams, and sometimes, stark contrasts. But in every state, there exists a county where these contrasts are most palpable — where the divide between the opulent and the struggling is not just a
In this article STLA F GM Follow your favorite stocksCREATE FREE ACCOUNT A strike by the United Auto Workers union against the Detroit automakers would help President Joe Biden and other politicians pick a side when it comes to organized labor, UAW President Shawn Fain said Wednesday night. “I think our strike can reaffirm to
Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023. Nurphoto | Nurphoto | Getty Images Chinese tech giant Tencent is launching its artificial intelligence model “Hunyuan” for business use at an annual summit on Thursday, Dowson Tong, CEO of the cloud and smart industries group at Tencent,
It may have seemed like a good idea at the time. In an apparent attempt to create a shortcut, two people allegedly used heavy machinery to remove a sizeable section of the Great Wall of China in Shanxi province, according to an online notice by local authorities. The duo used an excavator to widen a
Housing markets across the United States have witnessed a general tightening in inventory as well as high prices, though down a bit from their peaks in 2021 and 2022 before the regiment of rate hikes instituted by the Federal Reserve commenced. While prices may be down from their recent highs, affordability still remains a major
In this article DIS WBD Follow your favorite stocksCREATE FREE ACCOUNT A scene from the “Barbie” movie. Courtesy: Warner Bros. Hollywood bet big on blockbuster franchise sequels to revive its summer cinema business, but it was fresh fare like “Barbie” and “Oppenheimer” that fueled the industry’s haul of $4 billion, a 19% jump from last
- « Previous Page
- 1
- …
- 17
- 18
- 19
- 20
- 21
- …
- 23
- Next Page »