Kevin Costner knows a good story when he hears one. That’s why he said he was intrigued when he heard about an app designed to alert travelers of notable, yet often unnoticed, places of interest along their journeys. “I’m the guy that driving around America … when you see those bronze markers along the
admin
Tesla’s Shanghai factory was “back up and running” as of Wednesday, according to CEO Elon Musk’s comments during a quarterly earnings call, per a StreetAccount transcript. This picture shows the factory on the outskirts of Shanghai in July 2021. Vcg | Visual China Group | Getty Images BEIJING — Foreign businesses are struggling to bring
CEO of Snap Inc. Evan Spiegel walks to a morning session at the Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snap missed Wall Street expectations for profit and sales, and forecast disappointing revenue growth in the current quarter, when it reported first-quarter results
In this article SGRE-ES An offshore wind turbine in waters off Taiwan. Taiwan’s Ministry of Economic Affairs says it’s targeting 20% renewable energy generation by the middle of this decade. Billy H.C. Kwok | Bloomberg | Getty Images A large-scale offshore wind farm in waters off the coast of Taiwan has produced its first power,
Fizkes | Istock | Getty Images For some consumers, medical debt they don’t even owe appears to ends up haunting them anyway. Complaints jumped 31% from 2018 to 2021 about debt collectors attempting to get consumers to fork over amounts that already were paid or otherwise not owed, according to a new report from the
Many Americans agree it now takes a six-figure salary — at least — to get by amid today’s rising prices and economic uncertainty. Yet, 72% of six-figure earners are men, according to a recent report by MagnifyMoney that’s based on an analysis of U.S. Census Bureau data. For every woman who makes at least $100,000,
According to Meta CEO Mark Zuckerberg, one relationship has “defined the growth” of the social media company: his 14-year partnership with COO Sheryl Sandberg. On a recent episode of “The Tim Ferriss Show” podcast, hosted by tech advisor and self-help author Tim Ferriss, Zuckerberg said that Sandberg’s ability to balance business strategy with professional relationships
In this article UAL TSLA T AAL BX XRX Check out the companies making headlines before the bell: American Airlines (AAL) – American soared 10.5% in premarket trading after reporting a smaller-than-expected loss and predicting profitability for the current quarter. United Airlines (UAL) – United lost an adjusted $4.24 per share for the first quarter,
In this article AAL American Airlines Boeing 787-9 Dreamliner takes off from Los Angeles international Airport on November 11, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images American Airlines on Thursday forecast a second-quarter profit as strong travel demand helps it cover its soaring fuel costs. American is the
Georgijevic | E+ | Getty Images If you had a surprise tax bill this filing season, it may be time to adjust your withholdings, financial experts say. Whether you’re a W-2 employee or self-employed, the IRS expects an ongoing piece of your income, paid through withholdings or quarterly payments. As of April 8, nearly 68% of
Getty Images Many employers offer their workers benefits beyond just health insurance and retirement planning. These perks can range from mental health services to financial advice and can be used to grow your personal wealth. But many workers don’t know what benefits they’re eligible for. In fact, some 32% of employees said they are confused
MoMo Productions | DigitalVision | Getty Images Inflation is taking a substantial bite from the income retirees get from pensions. Many pensions periodically increase recipients’ payment amounts by offering a cost-of-living adjustment. But those raises are small relative to the 8.5% annual inflation rate in March, the highest in over 40 years. Some plans, especially
Rep. Judy Chu, D-Calif., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol. Sarah Silbiger | Bloomberg | Getty Images The U.S. Supreme Court has rejected a challenge from New York and three other states to overturn the $10,000 limit on the federal deduction for state and
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Images Melvin Capital, the embattled hedge fund run by its once high-flying founder Gabe Plotkin, has been discussing a novel plan with its investors
In this article TSLA Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Electric vehicle maker Tesla is set to deliver a first quarter earnings update after the bell on Wednesday. Here’s what Wall Street
Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents itself to focus on EVs. The new vehicles were announced Wednesday night alongside the unveiling of a new concept EV called the Lincoln Star. The
Liubomyr Vorona | Istock | Getty Images Money and family – what two subjects bring up more for us? And so when a relative comes to you asking for financial help, and the two are combined, it’s only natural to feel overwhelmed. “Being solicited for money from someone you love can cause discomfort that you
Skyrocketing student debt has been devastating for young adults. As the cost of college has risen, more students have had to borrow to help pay for school. Now, recent graduates are delaying some of life’s major milestones because of their loan burdens. Americans across all generations have made such sacrifices, from saving for retirement to
IFS research found that both men and women who graduated from a U.K. university with a lower second class degree in 2013 were earning £3,800 less on average a year before tax, five years later. baona | E+ | Getty Images Failing to achieve a top grade at college could mean earning around £3,800 ($4,946)
In this article GS Dustin Cohn, chief marketing office of Cadre Source: Cadre Goldman Sachs consumer bank branding chief Dustin Cohn has joined real estate investing start-up Cadre as chief marketing officer, CNBC has learned. The departure of Cohn, who is credited with helping name the firm’s consumer division Marcus in 2016, is the latest
In this article PG Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected to report its fiscal third-quarter earnings before the bell. Here’s what Wall Street analysts are expecting, based
Virgin Group founder Richard Branson on Wednesday called on individuals and governments to cap their driving speeds and turn down their heating in a bid to reduce reliance on Russian energy and bring about an end to the war in Ukraine. The billionaire entrepreneur told CNBC that small personal sacrifices could reduce demand for Russian
Millions of student loan borrowers will be closer to debt forgiveness after a number of changes the U.S. Department of Education plans to make to the lending system. The Department made the announcement Tuesday, saying it plans to address “historical failures in the administration of the federal student loan programs.” Those changes include reassessing the
As news of soaring gas prices splashed across headlines, Yasmine Camilla saw her energy bill double “almost overnight.” Filling up the tank now costs 30% to 40% more, she says. But this rising cost of living is something she would never have noticed eight months ago. “I had always just filled up my car when
Traders on the floor of the NYSE, April 11, 2022. Source: NYSE Stock futures dipped in overnight trading as investors digested disappointing Netflix earnings and looked ahead to a new batch of companies set to report Wednesday. Futures on the Dow Jones Industrial Average fell 50 points. or 0.14%. S&P 500 futures dipped 0.4% and
In this article NFLX Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Netflix is set to release its first-quarter earnings after the bell on Tuesday. The company’s shares have taken a big hit so far in 2022, falling more than 40% as it’s struggled to sustain subscriber growth
Loading chart… Vale SA: “Vale’s a buy. … In this new world, they’re a winner.” Loading chart… CNA Financial Corp: “I’d rather go with the real, actual owner of CNA … which is Loews.” Loading chart… Gladstone Land Corp: “It’s going up too much, and you know what, it went up again.” Loading chart… Veru
Steven Heap/EyeEm/Getty Images It’s finally here: April 18 is the 2021 federal tax filing deadline for most Americans. As of April 8, the IRS had received more than 103 million returns and sent 70 million refunds, totaling over $222 billion. But that still leaves millions to be filed with limited time remaining. Doug Campbell, a CPA and
Ahead of Tax Day, the IRS has issued more than 70 million refunds, at an average of $3,256. That’s over $400 more than last year, when the average refund was just above $2,800. For many Americans, a lump-sum payment of this size is rare and it’s tempting to squander it. Still, a growing number of tax filers
Gold House Gold House Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio of venture investments. “I saw the decisionmaking and how it differed between the people that were check-writers at these