From the West Coast Gasoline Famine of 1920, which brought horses back into style, to the Arab oil embargo, Christine Romans has a look at the biggest boom and busts of the last century. Oil’s wild ride is definitely not for the faint of heart.
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Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. FICO scores, the most popular scoring model, range from 300 to 850. A “good” score generally is above 670, a “very good” score is over 740 and anything above 800 is considered “exceptional.” Once you reach that 800
[The stream is slated to start at 5 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Geoff Cutmore, top business leaders and policymakers discuss the future of growth at Davos, Switzerland, and the policies needed to stabilize the global economy. Joining CNBC is
In this article PG Follow your favorite stocksCREATE FREE ACCOUNT Gillette Good News razors on display on January 28, 2005 in San Francisco. Justin Sullivan | Getty Images Procter & Gamble reported year-over-year declines in revenue and profit on Thursday, as higher prices look to offset declining sales volumes and foreign exchange headwinds. Here’s how
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT For the past three years, the global media and entertainment industry has been defined by the streaming wars. Each media company created a streaming service to compete. Only the strongest would survive, the narrative went. The losers would consolidate or die. Last year, the streaming
Fotostorm | E+ | Getty Images There’s still a ways to go before used car prices come back down to earth. While prices were 8.8% lower in December from a year earlier, consumers continue to pay more for used cars than they would if typical depreciation expectations were in play, according to car-shopping app CoPilot,
Constantine Johnny | Moment | Getty Images There’s still time to avoid a penalty if you didn’t pay enough taxes in 2022 — but the clock is ticking. If you are self-employed or receive income from gig economy work, investments and more, the deadline for your 2022 fourth-quarter estimated tax payment is Jan. 17. Your
Lael Brainard, vice chair of the US Federal Reserve, during a University of Chicago Booth School of Business event in Chicago, Illinois, US, on Thursday, Jan. 19, 2023. Jim Vondruska | Bloomberg | Getty Images Federal Reserve Governor Lael Brainard said Thursday that interest rates need to remain high, even though there are signs inflation
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Netflix added millions more subscribers in the fourth quarter than Wall Street expected, helping to send shares of the streamer up after the bell despite a big earnings miss. The company also disclosed that co-CEO Reed Hastings would
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix co-founder and CEO, Reed Hastings, is in Sydney to meet with executives of other subscription streaming services, February 25, 2022. Wolter Peeters | Fairfax Media | Getty Images Netflix founder Reed Hastings is giving up his CEO role but will remain on as chairman,
Almost 80% of the textbook industry is dominated by 5 publishing companies. They use restrictive codes and re-publish new versions of textbooks every 2 to 3 years. Due to these tactics, textbook costs overall have risen 67% from 2008 to 2018. #Textbooks #College #BusinessInsider Following is a transcript of the video: So it’s the start
March 4 — Swedish super car producer Koenigsegg has unveiled their latest hyper car and it’s a record breaker. With over 1,500 horse power and costing close to $2 million it is the most extreme car ever produced by one of the world’s most extreme car makers. –Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television
These days, multi-million-dollar apartments don’t just sell themselves. So star real estate broker Ryan Serhant and his team have mastered the art of staging. He shows CNNMoney’s Vanessa Yurkevich how to get the most out of your luxury listing.
Ed Jones | Afp | Getty Images Between rents rising and most pandemic-era eviction bans having expired, the number of tenants coming home to find notices on their doors is picking up. In just the first week of January, the Eviction Lab at Princeton University has counted more than 9,300 evictions in the nine states
Dollar banknotes. Simpleimages | Moment | Getty Images Investor cash holdings are near record highs, and that could be good news for stocks since there is a wall of money ready to come right back into the market. But the question is this: Will those investors return any time soon, especially with sentiment still so
Occupy Wall Street Over 200 millionaires are urging the elite echelons in attendance at this week’s World Economic Forum in Davos to “tackle extreme wealth” and “tax the ultra-rich” to help relieve the cost-of-living strain off ordinary households. The Patriotic Millionaires — self-described as “a group of high-net worth Americans who share a profound
Alibaba completed its acquisition of video platform operator Youku Tudou in 2016. Pictured here is an old version of the Youku logo. Sopa Images | Lightrocket | Getty Images BEIJING — State-backed entities have taken tiny stakes in parts of two Alibaba subsidiaries that oversee a video platform and web browser. News of the holdings
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz David A. Grogan | CNBC Disney directors unanimously rejected activist investor Nelson Peltz’s request to join the board this month, in large part due to his lack of media industry expertise. That would be a stronger argument if Disney’s current board members had
U.S. Treasury Secretary Janet Yellen on Jan. 10, 2023 in Washington. Kevin Dietsch | Getty Images News | Getty Images The U.S. may be about to hit its debt ceiling. Treasury Secretary Janet Yellen said last week that the U.S. would likely hit the ceiling Thursday. Absent steps taken by Congress, the event may “cause
As inflation spiked, Americans in the middle class were particularly hard hit. For them, prices increased faster than their income, according to a September report by the Congressional Budget Office. Households in the lowest and highest income groups saw their income grow faster than prices over the same time period, the report found. Even though
In this article CRM C Follow your favorite stocksCREATE FREE ACCOUNT DAVOS, Switzerland – The finance and tech CEOs gathering at the World Economic Forum this week expressed measured optimism about the economy in 2023 — but at least one major risk looms for markets, they said. The resilient U.S. economy, a mild European winter and
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond has been in discussions with prospective buyers and lenders as it works to keep
President Trump and Melania Trump look on as former US President Barack Obama and Michelle Obama leave the US Capitol on Marine One. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business news site in the US. Our mission: to tell
Creature Technology is the world’s top animatronics company that makes giant dinosaurs, bears, gorillas, and whatever else museums and amusement parks need. In this segment of ‘Hello World: Australia,’ Bloomberg’s Ashlee Vance visits the company’s warehouse and meets these incredible “creatures” in person. Watch the full episode: https://www.youtube.com/watch?v=UtpkXDQIMTE ———- Hello World is a Webby and
Nearly 800,000 immigrant kids who were once undocumented have been able to live in the US without constant fear of deportation because of DACA. CNN’s Vanessa Yurkevich explains what the Deferred Action for Childhood Arrivals program is.
Silverkblack | Istock | Getty Images In the new student loan repayment plan proposal rolled out Jan. 10 by the Biden administration, more borrowers could see their monthly payments drop to $0. The new option revises one of the four existing income-driven repayment plans, which cap borrowers’ bills at a share of their discretionary income
From catching Covid-19 to getting caught in a blizzard, traveling can be risky business these days. But just how risky often depends on the destination — and how you define the risks. Safest cities: people’s perceptions A report published by the U.K.-based insurance company William Russell ranked the “safest cities in the world,” according to
[The stream is slated to start at 3 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Geoff Cutmore, top business leaders discuss at Davos, Switzerland, the impact the green transition, technological advances, demographics and reorganized value chains could have on labor markets. Joining CNBC
In this article GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs on Tuesday posted its largest earnings miss in a decade as revenue fell and expenses and loan loss provisions came in higher than expected. Here’s what the investment bank reported: related investing news Morgan Stanley’s Q4 results show the Club holding is
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz David A. Grogan | CNBC Disney ripped Nelson Peltz and his bid for a board seat Tuesday, as the entertainment giant’s proxy fight with the investor and his activist firm, Trian Fund Management, takes shape. Disney said in a securities filing Tuesday that
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