What was once a gesture of appreciation has quickly become a source of annoyance. With the rapid rise of tipping culture post-pandemic, consumers face more opportunities to tip for a wider range of services than ever before, a trend also referred to as “tip creep.” But recent surveys show shoppers are experiencing “tip fatigue” and starting to tip
Month: March 2024
In this article AVGO LULU MU Follow your favorite stocksCREATE FREE ACCOUNT Lululemon logo is seen on the building in Santa Monica, United States on November 12, 2023. Jakub Porzycki | Nurphoto | Getty Images The U.S. stock market witnessed a strong run in the first quarter of 2024, but uncertainty looms as investors await
Eric Audras | Onoky | Getty Images If you miss a doctor’s appointment these days, you could get hit with a “no-show” fee of up to $100 — or more. This happened to me recently for the first time, and the charge was a steep $150. When I complained to friends and family, I learned
In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2024 Ford Mustang Source: Ford DETROIT — Ford Motor sees opportunity to grow Mustang sales as it becomes the last American muscle car with a traditional V8 engine, playing to generations of gearheads who’ve been drawn to the performance vehicles. The optimism comes after Mustang’s
New cars today are loaded with high-tech features for car shoppers, from their own operating systems to navigation and remote unlock. But with those advancements come questions about driver privacy, said Ivan Drury, the director of insights at Edmunds, a car site. “As much advancement as we have when it comes to new features, many
In this article COIN ETH.CM= BTC.CM= SOL.CM= Follow your favorite stocksCREATE FREE ACCOUNT Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000. “Get off zero,” the Morgan Creek Capital Management CEO and chief investment officer told CNBC’s “Fast Money” this week. Yusko thinks investors should have at least
In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT Nikos Pekiaridis | Lightrocket | Getty Images Moderna has more to offer beyond its Covid vaccine. The biotech company Wednesday announced positive clinical trial data on three experimental vaccines against other viruses. The company is moving those shots to final stage studies, it said. The
A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, Nov. 14, 2022. Bloomberg | Bloomberg | Getty Images The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy looks to recover from a historic currency crisis and soaring inflation. The CBN announced
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. Lee Smith | Reuters The blockbuster diabetes drug Ozempic could be manufactured for less than $5 a month, even as Novo Nordisk charges close to $1,000 per month for the injection in the U.S. before insurance, a
Drakula & Co. | Moment | Getty Images With roughly two weeks until the federal tax deadline, there’s still time to reduce an unexpected tax bill or boost your refund. After year-end, investors have limited tax planning opportunities. It’s too late to boost pretax 401(k) contributions, donate to charity or reduce portfolio profits with tax-loss
Jakub Porzycki | Nurphoto | Getty Images Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race. The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that’s widely viewed as a frontrunner in generative artificial
Huawei brought one of the largest displays to Mobile World Congress in Barcelona in February 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings. The company also attributed the profit gains to revenue growth of
In this article TM Follow your favorite stocksCREATE FREE ACCOUNT 2024 Toyota Tacoma Trailhunter Toyota NEW YORK — Toyota Motor is evaluating an expansion of its U.S. truck lineup that could include all-electric or plug-in hybrid electric versions of its Tacoma and Tundra pickups. Jack Hollis, executive vice president of Toyota Motor North America, said
A majority of Americans, 95%, said they plan to look for a new job this year, according to a January 2024 survey by job site Monster. Money is a big reason, with 45% of workers saying they need a higher income. Data from the Federal Reserve shows that job switchers increase their salaries more quickly, on average, than
Sarah Wolfe As Tiffany Mane read a personal finance book during her train ride to work, a woman sitting near her acknowledged that she, too, knew of the author. Shortly after, several bystanders began inquiring into its contents. Mane was reading “Financial Feminist” by Tori Dunlap. The late-2022 release is one piece of the Her
Newly appointed UBS CEO Sergio Ermotti (R) speaks with UBS Chairman Colm Kelleher during a press conference in Zurich on March 29, 2023. Arnd Wiegmann | Afp | Getty Images UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return at the helm of the Swiss banking giant,
Martin Puddy | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The wealth of the top 1% hit a record $44.6 trillion at the end of the
Zeljkosantrac | E+ | Getty Images The Social Security Administration has issued a final rule that will prevent food assistance from reducing payments to certain beneficiaries. The change applies to Supplemental Security Income, or SSI, which provides monthly checks to adults and children who are disabled, blind or age 65 and older, and have little
Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING — Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model 3, as price wars heat up in
In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. Andrew Kelly | Reuters Walgreens on Thursday reported fiscal second-quarter sales that beat Wall Street’s expectations, but lowered the high end of
In this article HD Follow your favorite stocksCREATE FREE ACCOUNT A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan | Getty Images Home Depot on Thursday said it is acquiring SRS Distribution in a $18.25 billion deal, the latest and largest
Harvard University’s Dunster House in Cambridge, MA Blake Nissen for The Boston Globe via Getty Images March 28 is “Ivy Day,” when the nation’s top schools release long-awaited admissions decisions. A fascination with the eight private colleges that comprise the Ivy League spans decades. It is only now, some say, that students are taking a more
Traders work on the floor at the New York Stock Exchange on March 13, 2024. Brendan McDermid | Reuters A new company will try to crack the code of integrating artificial intelligence and investing, and it will be mostly focused on helping individual traders make buy and sell decisions. The firm, called iFi AI, launches
Xavier Lorenzo | Moment | Getty Images There is officially one winner for the $1.128 billion Mega Millions jackpot — and the taxman will take a sizable share, experts say. A single ticket sold in New Jersey won the game’s fifth-largest grand prize after matching all six numbers drawn Tuesday night, Mega Millions announced Wednesday.
Employees work on a battery production line at Jiangsu Yongda Power Supply Co. on March 26, 2024 in Suqian, Jiangsu province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s economy is ending the first quarter on a “strong” note, according to a business survey published by the China Beige Book
In this article .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT Hyundai CEO Jae Hoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York International Auto Show Michael Wayland | CNBC NEW YORK – Hyundai Motor is reevaluating its plans to exclusively produce all-electric vehicles at a new
Tara Moore | Stone | Getty Images Katherine Dowling has an analogy that may be useful for investors thinking of buying cryptocurrency like bitcoin and wondering what amount is appropriate. It’s “like cayenne pepper,” said Dowling, general counsel and chief compliance officer at Bitwise Asset Management, a crypto money manager. “A little goes a long
With 92 billionaires, Mumbai ranks third behind New York and London, but ahead of Beijing, and Shanghai. Tuul & Bruno Morandi | The Image Bank | Getty Images Move over, Beijing. Mumbai is now the Asian capital with the most number of billionaires, according to Hurun Research Institute’s global rich list. This is the first
Apple CEO Tim Cook (R) speaks during the China Development Forum on March 24, 2024, in a discussion about carbon neutrality with Tsinghua University School of Economics and Management Dean Bai Chong-en. China News Service | China News Service | Getty Images BEIJING — U.S. business leaders met with Chinese President Xi Jinping on Wednesday,
Wenjin Chen | Digitalvision Vectors | Getty Images Britain’s financial services regulator announced guidelines for financial services companies and social media influencers making memes about cryptocurrencies and other investments in a bid to tackle a rise in scams. The Financial Conduct Authority said in a statement Tuesday that any marketing for financial products — including
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