In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonalds located on Santa Monica Blvd in Los Angeles, California, April 1, 2024. Robert Gauthier | Los Angeles Times | Getty Images McDonald’s is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers, two people
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Geber86 | E+ | Getty Images The IRS has unveiled the 2025 contribution limits for health savings accounts, which are triple-tax advantaged for medical expenses. The new HSA contribution limit for 2025 will be $4,300 for self-only health coverage, up from $4,150 in 2024, based on inflation adjustments, the IRS announced Thursday. The contribution limit
A robot is producing auto parts on the production line of an auto parts company in Minhou County, Fuzhou, China, on May 7, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — European companies in China are finding it harder to make money in the country as growth slows and overcapacity pressures increase, according to
BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Semiconductor Manufacturing International Corporation on Friday warned of intense competition in the chip
In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT Nikos Pekiaridis | Lightrocket | Getty Images Moderna on Friday said the Food and Drug Administration has delayed the approval of its vaccine for respiratory syncytial virus to the end of May due to “administrative constraints” at the agency. The FDA was expected to make
Andresr | E+ | Getty Images There is $1 billion in unclaimed 2020 tax refunds up for grabs — but the last chance to file returns and collect the money is approaching. Nearly 940,000 taxpayers have until May 17 to file 2020 returns and claim their refund, the IRS said in a “final reminder” this
A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. Aly Song | Reuters Chinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top end of its
In this article SYF COF Follow your favorite stocksCREATE FREE ACCOUNT Epoxydude | Fstop | Getty Images A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort to stave off its implementation. Led by the U.S. Chamber of Commerce, the card
In this article ARM Follow your favorite stocksCREATE FREE ACCOUNT The logo of semiconductor design firm Arm on a chip. Jakub Porzycki | Nurphoto | Getty Images Shares of British chip designer Arm closed down more than 2% on Thursday as lackluster revenue guidance clouded a positive sales quarter driven by demand for artificial intelligence
In this article SBGI Follow your favorite stocksCREATE FREE ACCOUNT Signage stands outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S., on Friday, Aug. 10, 2018. Andrew Harrer | Bloomberg | Getty Images Sinclair, one of the largest owners of broadcast stations in the U.S., is looking to sell more than 30% of
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images President Joe Biden hopes to start forgiving the student loans of millions of Americans before the November presidential election. But first his administration will need
[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Bank of England Governor Andrew Bailey is speaking at a press conference following the U.K. central bank’s latest monetary policy decision. Subscribe to CNBC on YouTube.
We always say we love companies that are serial repurchasers of their stocks. That’s because as outstanding share counts go down, investors don’t have to do anything to get baked-in returns and own larger and larger pieces of the companies. Apple ‘s latest $110 billion stock buyback authorization is the granddaddy of them all —
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Warner Bros. Discovery reported first-quarter results on Thursday, missing analyst expectations on both the top and bottom lines. Here is
Morsa Images | Digitalvision | Getty Images It may soon be more expensive to borrow federal student loans. The government sets interest rates on its education loans once a year. The rate, which runs from July 1 to June 30 the following year, is based in part on the May auction of the 10-year Treasury
A key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkey, on Nov. 22, 2023. Dilara Irem Sancar | Anadolu | Getty Images Check out the companies making headlines in extended trading: Airbnb — The hoteling company issued disappointing forward guidance, dragging shares down 8%. Airbnb said second-quarter revenue
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Airbnb logo is displayed on a computer monitor and cell phone on February 13, 2024 in Los Angeles, California. Mario Tama | Getty Images Airbnb reported first-quarter results on Wednesday that beat analysts’ estimates but offered weaker-than-expected guidance. Shares fell
In this article DIS WBD Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images The bundle is back. Disney and Warner Bros. Discovery are planning to offer their streaming services — Disney+, Hulu and Max — in a
NYPD officers in riot gear enter Columbia University’s encampment as they evict a building that had been barricaded by pro-Palestinian student protesters in Los Angeles, United States on April 30, 2024. Shay Horse | Nurphoto | Getty Images Some college students protesting Israel’s war in Gaza have faced disciplinary action in recent weeks, with universities
A general view of the exclusive men-only Garrick Club on March 21, 2024 in London, England. Leon Neal | Getty Images News | Getty Images LONDON — Members of Britain’s exclusive all-male Garrick Club has reportedly voted to permit women to join the institution for the first time in its 193-year history. The vote on
Monzo CEO TS Anil. Monzo British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million. The company told CNBC it raised the cash from new investors including Hedosophia, a backer of top European fintechs including N26 and Qonto. CapitalG, Alphabet’s independent growth
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Uber reported first-quarter results on Wednesday that came in slightly above analysts’ estimates for revenue, but the
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. Michael Nagle | Bloomberg | Getty Images A number of private equity firms have been considering a buyout
The Good Brigade | Digitalvision | Getty Images More Americans are paying capital gains taxes on home sale profits amid soaring property values — but there are ways to reduce your bill, experts say. In 2023, nearly 8% of U.S. home sales yielded profits exceeding $500,000, compared to about 3% in 2019, according to an
The New York City skyline. Alexander Spatari | Moment | Getty Images New York is the richest city in the world, with 359,500 millionaires and 60 billionaires, although the Bay Area of California is close behind, according to a new study. New York’s millionaire population has surged 48% over the past decade, despite fears of
Stanley Druckenmiller, Duquesne Family Office, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller revealed Tuesday that he has slashed his big bet in chipmaker Nvidia earlier this year, saying the swift artificial intelligence boom could be overdone in the short run. “We did cut that and a lot of
In this article RDDT Follow your favorite stocksCREATE FREE ACCOUNT Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024. Timothy A. Clary | AFP | Getty Images Reddit shares rallied 14% in extended trading on Tuesday after the company
In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT Courtesy: Oddity As Ulta Beauty says it expects a slowdown in retail’s most resilient category, an upstart says it is bucking the trend. Oddity Tech, the newly public Israeli cosmetics platform that uses artificial intelligence to develop products, posted first-quarter results that blew past expectations
Entry-level jobs are typically thought of as positions requiring little to no prior experience or skills. But it’s a longstanding gripe among job seekers on social media that job listings’ requirements are more ambitious. “When you apply for an entry level marketing job and they ask for: 2+ years of experience, a degree, experiences in
In this article AMZN SBUX WMT HD RCL Follow your favorite stocksCREATE FREE ACCOUNT A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report
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