krisanapong detraphiphat | Moment | Getty Images When investing in the markets, many forces can affect your portfolio and how you invest, but very few of them have a bigger impact than interest rates and where the 10-year Treasury stands. An interest rate is simply the amount charged by a lender to a borrower for
Wealth
Anne Hathaway attends “The Last Thing He Wanted” premiere at Eccles Center Theatre on January 27, 2020 in Park City, Utah. Matt Winkelmeyer | Getty Images Hollywood actress Anne Hathaway told CNBC Friday that a lack of female representation in positions of power is a something that “can be torn down at any moment, when
People have really just scratched the surface when it comes to non-fungible tokens, or NFTs, Mike Winkelmann, a digital artist who goes by the name Beeple and recently sold a piece for $69 million, told CNBC on Friday. “I really think this is a technology that has just so many use cases,” Winkelmann said in
The buyer of the Beeple non-fungible token for $69 million is a crypto investor who goes by the pseudonym of Metakovan. Metakovan’s real identity is not known, but the investor is the co-founder of the NFT collection called Metapurse, which collects NFTs to display in the metaverse through virtual museums. Metakovan already owns the largest
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images Former Theranos CEO Elizabeth Holmes, whose criminal fraud trial was scheduled to start in July,
As the $1.9 trillion American Rescue Plan (ARP) Act was signed into law on Thursday by President Joe Biden, eligible taxpayers could receive their third stimulus payments as early as this weekend. Those with an adjusted gross income below $75,000 are eligible for the full $1,400 check, and married couples filing jointly below $150,000 will receive $2,800. When considering
In building her multimillion-dollar business, Whitney Wolfe Herd, founder and CEO of Bumble, once took inspiration from another successful executive: Jeff Bezos. Herd sometimes watched videos of Bezos speaking, and in one, “he said something I will never forget and I agree with 1,000%,” she told CNBC Make It in 2019. The gist was that “when humans can
Digital artist Beeple is “a rich man” after his non-fungible token sold for nearly $70 million at auction, Noah Davis, a postwar and contemporary art specialist at Christie’s, told CNBC on Thursday. Davis made the comments in an interview on “Power Lunch” after the bidding window at Christie’s closed earlier Thursday. Beeple’s NFT — a collage
A virtual art piece titled “Everydays: The First 5000 Days.” Created by digital artist Beeple, it’s the first NFT-based work of art to go on auction at Christie’s. Christie’s A non-fungible token by the artist Beeple sold at Christie’s for over $60 million, making it the most expensive NFT ever sold at auction. The final
Micronesia has confirmed only one case of Covid-19 to date. The Polynesian island of Samoa and the South Pacific island of Vanuatu have just three cases each. Sounds like safe travel choices? There’s just one problem — none are allowing in tourists. Many islands that opened to tourists during the pandemic experienced rising coronavirus infection
Kevin O’Leary, investor on ABC’s “Shark Tank,” is known for being blunt – even when it seems harsh. And it stems from something he learned from his mother, Georgette. “It’s easy to lie to people because you want to keep them feeling good. You don’t want to tell them the truth,” O’Leary tells CNBC Make
Alexis Ohanian became a millionaire in 2006 after he and his co-founders sold Reddit to Conde Nast. Now, Ohanian is the founder of venture capital fund Seven Seven Six; has personally invested in many big companies, like soccer digital collectible platform Sorare and plant-based company Impossible Foods; and is a dad to his 3-year-old daughter,
Investor Alexis Ohanian, co-founder of Reddit and husband to tennis legend Serena Williams, is among the latest of high-profile names to support NFTs, or non-fungible tokens. “I’ve invested big in women’s sports, but the rise of NFTs and trading card boom is going to be HUGE for women’s sports,” Ohanian tweeted on Saturday. “Save this
(L-R) Queen Elizabeth II, Meghan, Duchess of Sussex, Prince Harry, Duke of Sussex, Prince William, Duke of Cambridge and Catherine, Duchess of Cambridge watch the RAF flypast on the balcony of Buckingham Palace, as members of the Royal Family attend events to mark the centenary of the RAF on July 10, 2018 in London, England.
Christine Lagarde, President of the European Central Bank, speaks to the media following a meeting of the ECB governing board. Thomas Lohnes Christine Lagarde, the first woman to head up the European Central Bank, has said she hopes young women today don’t have to experience sexism like she did early on in her career. Lagarde
As another International Women’s Day rolls around, businesses have been making bold pledges to empower their female employees and strive toward equality, But still, in 2021, large swathes of women say their gender remains a major barrier to their professional progression. A full one-third of women in Asia-Pacific say they believe their gender has been
andresr | E+ | Getty Images “Black Girl Magic” is a movement that was popularized by CaShawn Thompson in 2013. The idea, born as a way to celebrate the beauty, power and resilience of Black women, caught on quickly. How could it not, since we have witnessed incredible contributions of Black women to American culture (actress
Jared Cannon left his 18-year career as a chef in 2017, and with a $1,000 loan, started Simply Good Jars, a company which sells jars of salad. “At Simply Good Jars, we are revolutionizing the packaged salad to create simply delicious meals,” Cannon said during Friday’s episode of ABC’s “Shark Tank.” Cannon was motivated to
As vaccination rollouts gather pace around the world, attention is now turning to vaccines of another kind: vaccine passports. Last week, the International Air Travel Association (IATA) announced the launch of its new digital travel pass as “the way forward” in resuming quarantine-free international travel. The app, which is so far being trialed by 30
Although many remain wary of the cryptocurrency, bitcoin has garnered a wave of support in recent months – in February alone, fintech company Square and enterprise software company MicroStrategy bought large sums of additional bitcoin to add to their existing portfolios, while electric car company Tesla added billions of dollars worth of the coin to
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