The value of Bitcoin (BTC) has exceeded the threshold of 66,895 dollars for the first time in his history. Chesnot | Getty Images This week marked a milestone for cryptocurrency as investors started trading the first U.S. bitcoin futures exchange-traded fund, exceeding other ETF launches, and another followed Friday. These funds invest in bitcoin futures
Dak Prescott #4 of the Dallas Cowboys scrambles with the ball in the fourth quarter against the New England Patriots at Gillette Stadium on October 17, 2021 in Foxborough, Massachusetts. Maddie Meyer | Getty Images Sport | Getty Images The Dallas Cowboys haven’t won a Super Bowl in over 25 years. They’ve hardly even been
In this article AAPL IMAX Joel Anderson, CEO, Five Below Scott Mlyn | CNBC The macroeconomic picture – and the longer-term expectations for certain stocks – is becoming clearer as earnings season continues. To that effect, some of the top Wall Street analysts have high hopes for Toast, Apple, Five Below, Freshworks and IMAX, according
In this article FB DWAC MRNA SNAP Getty Images Check out the companies making headlines in midday trading. Snap – Snap shares plummeted by more than 24% after it reported its quarterly results, which included a revenue miss as well as an earnings beat. The social media company said its advertising business declined due to Apple’s
If you’re a Steve Jobs fan, you can soon own a signed, handwritten letter penned by the late Apple co-founder at age 18. But it won’t come cheap. British auction house Bonhams is set to auction off the letter, which Jobs wrote to his childhood friend Tim Brown, on Nov. 3. The auction house expects
Dorie Clark, author of “The Long Game: How to Be a Long-Term Thinker in a Short-Term World.” We spend our days replying to emails, going to meetings, checking off to-do lists and, as our careers zip by, sometimes we wonder if we picked the right profession, or if our lives wouldn’t have been better spent
In this article BNTX It was Jan. 24, 2020 when BioNTech CEO Uğur Şahin knew that Covid-19 was likely to become a global pandemic. Though it was over a month and a half before the World Health Organization officially declared a pandemic, Sahin met with his wife, BioNTech’s co-founder and chief medical officer Özlem Türeci.
A patient receives their coronavirus disease (COVID-19) vaccine booster during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, U.S., September 29, 2021. Emily Elconin | Reuters Nearly 100 million people nationwide are immediately eligible to receive Covid booster shots after the Centers for Disease Control and Prevention authorized extra doses of Moderna and Johnson & Johnson‘s
In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Company: Southwest Gas Holdings (SWX) Business: Southwest Gas Holdings purchases, distributes, and transports natural gas in Arizona, Nevada and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services.
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A third juror was dismissed in Elizabeth Holmes’ criminal trial on Friday for what the judge said was “good cause.” That leaves only
While injuries or death from prop firearms are extremely rare, the accidental killing of Halyna Hutchins on a Sante Fe movie set Thursday has sparked inquiries about working conditions for Hollywood crew members. “I’ve been in the industry 21 years,” said Kevin Williams, the prop department supervisor at the UCLA School of Theater, Film and
Alec Baldwin on Oct 7, 2021 at the Hamptons International Film Festival. Mark Sagliocco | Getty Images Entertainment | Getty Images Actor Alec Baldwin fired a prop gun on a movie set Thursday, killing the film’s director of photography and injuring its director, police said Halyna Hutchins, 42, was killed and Joel Souza, 48, was
A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters Futures on the Nasdaq 100 dipped in overnight trading Thursday after disappointing earnings reports from technology companies. Nasdaq 100 futures fell 0.5%. Dow Jones Industrial Average futures
Hedge fund manager David Tepper has turned somewhat bearish on the stock market, citing uncertainties around interest rates and inflation. “I don’t think it’s a great investment right here,” Tepper said Friday on CNBC’s “Halftime Report.” “I just don’t know how interest rates are going to behave next year… I don’t think there’s any great
As employers reimagine the workplace post-Covid, a four-day work week may become a new perk. Last month, technology company Bolt became one of the latest companies to jump on board. Earlier this year, New York-based crowdfunding platform Kickstarter announced it would pilot a four-day workweek. There’s a campaign now underway from 4 Day Week Global
In this article BAC Bruce Forster | Stone | Getty Images Companies and governments are racing to release pledges and commitments to decarbonize. Those goals mean the markets for carbon offsets need to get massively bigger and more standardized very quickly. So says Karen Fang, the Head of Global Sustainable Finance for Bank of America.
XiFotos | E+ | Getty Images After the Social Security Administration announced a record-high cost-of-living adjustment for 2022, many beneficiaries are asking, “How much bigger will my monthly checks be?” People who receive Social Security or Supplemental Security Income, or SSI, benefits will get a 5.9% boost to their payments next year. That is that
MoMo Productions | DigitalVision | Getty Images American life expectancy is trending up — and that creates more financial risk for retirees, who must make their nest eggs last a longer time. An average 65-year-old today will live another 20 years, about six years more than in 1950, according to the Centers for Disease Control
GP: Various champagne bottles are seen on a store shelf. Paul Zinken | Picture Alliance | Getty Images Pop those corks. Champagne sales are surging back to near what they were before the Covid pandemic hampered sales and kept people away from celebrations. The gradual reopening of global bubbly markets is expected to drive sales
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Friday to the Virtual Bank for International Settlements’ South African Reserve Bank Centenary Conference. The format is a question-and-answer session with the central bank
In this article TREE Why pay now when you can pay later? Whether it’s holiday gifts or groceries, it’s easier than ever to postpone payments on purchases. “Buy now, pay later,” or BNPL, lets shoppers break their purchases into equal installment payments, often interest-free, which can make even the biggest-ticket items seem affordable and the
In this article BAC andresr/Getty Images Even as prices for homes soar, the American Dream of owning a home is still alive and well. Yet that can be a high hurdle for first-time home buyers to reach. New data from the National Association of Realtors shows sales of previously owned homes rose by 7% in
In this article BX Spanx is famous for its form-fitting shapewear. But according to founder Sara Blakely, it’s making a huge push into other categories of apparel — including denim — in hopes of making all clothing more comfortable for women. The business, founded in the late 1990s, is also positioned to keep expanding its
The pause on federal student loan repayments ends in January. And, on Feb. 1, interest will start to accrue again. Those monthly repayments may come as a shock for many Americans, including older borrowers. While more than one-third of student loan borrowers are in their 20s and 30s, about 7% of those with student debt
In this article DWAC The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Corp., the SPAC that is taking former President Donald Trump‘s planned social media platform public, soared Friday following a massive rally in the previous session. The SPAC,
Most Americans see college as excessively expensive, but it wasn’t always that way. Over the last decade, the cost of attending a four-year public college or university has grown significantly faster than income. Deep cuts in state funding for higher education contributed to substantial tuition increases and pushed more of the costs of college onto students, according
Check out the companies making headlines before the bell: Snap – Shares of the Snapchat parent plunged 19.5% in the premarket after the company warned of slowing growth due to the recent changes in Apple’s iOS privacy rules. Those rules make it more difficult to gather information from users and target ads. Snap did beat estimates by
The European session of Sustainable Future Forum on Friday focused on technology and innovation. The fourth industrial revolution is also going to be a green revolution. Technological advancement and innovation is promising to make our industries, lives and future more sustainable. CNBC meets those at the forefront of research and digital development to explore how
In this article CMG A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Thursday reported quarterly earnings that crushed Wall Street’s estimates as its menu price increases helped the chain
In this article SNAP In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in Los Angeles. Snap Partner Summit 2021 – Snap Inc | Getty Images Snap stock fell 22% after reporting its third-quarter earnings on Thursday. The company’s revenue missed
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