Fronts of the GMC Sierra Denali,Tesla Cybertruck and Ford F-150 Lightning EVs (left to right).Michael Wayland / CNBCDETROIT – Tesla, General Motors, Rivian Automotive and Ford Motor have created a new market in the U.S. automotive industry of pricey, powerful and precarious electric pickup trucks that sell for $100,000 or...
The European Union has successfully avoided the "terrible prophecies" that threatened its economy in recent years, but must still contend with Russia's war in Ukraine and a tenuous trade relationship with China, outgoing European Commissioner for Economy Paolo Gentiloni said Saturday.The bloc's economy underwent "overall a weak growth, but...
Toyota's "We Roll Deep Anthem" spot includes fans and NFL stars "setting off on an adrenaline-packed NFL adventure."ScreenshotAutomakers are rushing back into advertising during the National Football League season after a slowdown in recent years.Toyota Motor Corporation, Hyundai Motor Company and the Detroit automakers are among those expected to...
Rupert Murdoch at his annual party at Spencer House, St James' Place in London. Picture date: Thursday June 22, 2023.Victoria Jones | Pa Images | Getty ImagesActivist investor Starboard Value has moved to dissolve News Corp's dual-class share structure, a challenge to the Murdoch family's control over the Wall...
Combination showing Elon Musk (L), Gautam Adani (C), and Jensen Huang (R)ReutersA 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.On Sept. 29, 1916, newspapers across the country...
Boeing spacecraft Starliner is seen from the window of SpaceX's Dragon capsule "Endeavour" on July 3, 2024, while docked with the International Space Station during the crew flight test.NASABoeing's Starliner is set to leave the International Space Station on Friday, months later than the spacecraft was originally supposed to...
The National Football League kicks off its first-ever game in South America on Friday night, as the league pushes to grow its footprint overseas.As the NFL enters the Southern Hemisphere, professional football has never been stronger financially. Last season, the league pulled in $13 billion in revenue, and the...
Check out the companies making headlines in midday trading: Nio — U.S. shares of the Chinese electric vehicle maker popped 2% after a JPMorgan upgrade to overweight from neutral. The firm said Nio could be in for a recovery rally after a tough year so far. Super Micro Computer...
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of Realtors and home sellers....
The European Union has successfully...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
The SEC gave a big present to crypto ETF firms just ahead of the likely government shutdown, reportedly granting approval for a number of ethereum futures strategies that could start trading soon. First on its list appears to be Valkyrie Funds, which had filed with the regulator to add ethereum...
JetBlue Airways aircraft are pictured at departure gates at John F. Kennedy International Airport in New York.Fred Prouser | ReutersJetBlue Airways said it will raise flight attendant pay next year and provide other bonuses to staff while the union representing cabin crews agreed to support the carrier's plan to...
Scott Eisen | Getty Images News | Getty ImagesMeal kit business Blue Apron announced Friday it has agreed to sell itself to food and restaurant company Wonder Group, founded by entrepreneur Marc Lore, for $103 million.The deal, at $13 per share, represents a significant premium from Blue Apron's per-share...
When investors consider fees, they often choose to avoid funds of funds. However, a recent analysis from Opto Investments, a fintech company for RIAs, says that funds of funds might actually be worth considering. The analysis published earlier this month argued that the historical performance of funds of funds often...
For the first time in a long time, advisors are being forced to think about cash. Stashing excess client funds wasn’t an issue for financial advisors at the start of 2022, because cash was barely generating any return. With the federal funds target rate at 1.5% back then and money...
Morgan Stanley’s 15,000 financial advisors will have to work harder in 2024 and generate more revenue to earn the same amount of take-home pay as they did this year. Large wirehouses like Morgan Stanley rely on complex, cumbersome pay schemes known as “grids” to determine what percentage a financial...
