In this article TSLA F DAI-DE A Volvo C40 Recharge photographed in Stockholm, Sweden, on March 2, 2021. CLAUDIO BRESCIANI | AFP | Getty Images The CEO of Volvo Cars has told CNBC that the automaker’s shift to electric vehicles is the reason behind its planned listing on the Nasdaq Stockholm stock exchange. The company
In this article PEP Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Tuesday raised its full-year forecast after its quarterly earnings and revenue topped analysts’ expectations, despite higher costs and snarls in the supply chain. Shares of the company fell less than 1% in premarket
U.S. Bancorp George Frey | Bloomberg | Getty Images The race to cater to institutional investors who want to wager on cryptocurrency is heating up. U.S. Bank, the fifth biggest retail bank in the nation, is expected to announce Tuesday that its cryptocurrency custody service is available to fund managers, CNBC has learned. The offering
David McDonough, founder and CEO of Commonstock Commonstock A new social network is betting that enthusiastic retail traders are here to stay and that they want more transparency than what’s offered on Reddit. Commonstock is a social media platform for talking about trades and financial markets. It features a Twitter-like news feed, with users ranking
People receive information as they attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California. PATRICK T. FALLON | AFP | Getty Images The number of Americans collecting unemployment benefits fell by more than half after the Labor Day “cliff,” when federal assistance ended for millions of people. There were just
If you recently retired or are planning to, you likely have questions about how to position your investments going forward. Conventional wisdom suggests investors should change their asset allocation in retirement to be more conservative. However, depending on your pre-retirement asset allocation, income sources/needs, and long-term goals, that may not be advisable. Here are a
Today’s column addresses questions about whether and how public pensions could affect survivor’s benefits, the merits of delaying until 70 to file if possible and whether spousal benefits are available after long term separation. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See
Can music help you choose colors for your rooms? Katy Parry thinks so. In fact, she believes that music and colors are essentially intertwined. “I’ve always said that if I weren’t a musician, I’d be a stylist,” she said in an exclusive interview. “I love the expression of color in everything, from my wardrobe to
Aaron Tan is going places. As the co-founder of a newly crowned unicorn and one of Asia Pacific’s fastest growing start-ups, the Carro CEO is now on the road to a public listing. And with investors including Softbank getting onboard, he has no plans to slow down. “The question is, now that we have reached $1 billion, how do we reach $10 billion? How do we reach $100 billion?” Tan told CNBC Make
Stock futures rose modestly in overnight trading on Monday following a tech-led sell-off as investors continued to dump high-flying shares in the face of rising rates. Futures on the Dow Jones Industrial Average climbed 45 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.3%. On Monday, the Nasdaq Composite dropped 2.1% for
Americans have been hammered by life changes since the start of the pandemic, and it’s taken a big mental and financial toll. In just the last year and a half, many Americans either left a job, moved or changed their relationship status, for better or for worse — or even all of the above. Finances
A perplexing attribute of the U.S. tax system is that successive reform efforts tend to layer new regimes on top of old ones without bothering to repeal the latter. It’s as if retention of the older regimes provides a sense of security, regardless of how out-of-date or flawed they might be. Familiarity brings comfort. Familiarity
In recent years, social media has transformed into an incredibly powerful tool for every industry, including real estate. Social connections and channels have made the industry more accessible than ever before, creating a way for real estate professionals to reach wider audiences with ease. Every real estate professional should be utilizing social media in their
Tom Brady #12 of the Tampa Bay Buccaneers throws a pass against the Tampa Bay Buccaneers during the third quarter in the game at Gillette Stadium on October 03, 2021 in Foxborough, Massachusetts. Maddie Meyer | Getty Images Sport | Getty Images Tom Brady’s return to New England was filled with drama from start to
In this article F Thousands of Ford F-150s without chips are stored at Kentucky Speedway in Sparta, Kentucky, U.S., September 8, 2021. Jeff Dean | Reuters DETROIT – Ford Motor’s U.S. vehicle sales showed signs of improvement during the third quarter, but still fell by 27.4% from last year as an ongoing shortage of semiconductor
Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters The volatile September was a golden opportunity for billionaire investor Ken Griffin to shine as his main hedge fund crushed the market with outperformance. Citadel’s multi-strategy flagship fund Wellington gained 7.8% in September, bringing its year-to-date performance to 18.5%, according to a person familiar with
Jamie Dimon, JPMorgan Chase chairman and CEO, remains a skeptic of bitcoin, the largest cryptocurrency by market value. “It’s got no intrinsic value. And regulators are going to regulate the h— out of it,” Dimon recently told Axios CEO Jim VandeHei. Dimon said that bitcoin will be around long-term, but “I’ve always believed it’ll be
William Shatner Anjali Sundaram | CNBC Science fiction will soon become reality, as William Shatner is scheduled to launch on the next crewed spaceflight of Jeff Bezos’ Blue Origin. Blue Origin plans to fly the Canadian actor, who famously played Captain Kirk in the original Star Trek television series, as one of the passengers on
kate_sept2004 | E+ | Getty Images The recovery from the Covid-19 pandemic has been slower than a lot of people expected. For many Americans, that means their incomes are not yet back on track or may have suffered again during the onset of the delta variant. Data shows that hiring is still slow. Weekly initial
With so many ways to pursue a higher education or increased expertise in a trade, craft, or industry, more and more parents are asking what the best way is to save for future education costs. My answer is often a combination of things. If I were forced to narrow it down, my two favorite ways