Solomon, Dimon, Pick weigh in on the state of the economy
Some of America’s top financial services executives are starting to issue warnings about the economy. Saying they’re seeing signs of “softening” or “weakening,” a slew of CEOs have been weighing in ahead of next week’s Federal Reserve decision and with the U.S. Bureau of Labor Statistics revising job numbers lower this week. In a Wednesday […]
Nvidia’s stock is deemed a buy. The future looks even brighter on ‘the only thing that matters.’
D.A. Davidson analyst is keeping an eye on emerging competition for Nvidia but said AI computing demand is set to grow for years, and that should drive the stock higher.
Doing business in China? Factor in deflation
While U.S. companies battle inflation, those in China are up against something very different: deflation. The high-end Beijing hotel Beiyuan Grand has been setting up stalls in the evenings to serve dishes to passers-by — as Chinese consumers and companies cut back on travel, banquets, and events. Chef Wang cooks up his specialty fried pigeon […]
‘I’m scared for her’: My wife, 48, is financially illiterate. I’m 67. What happens when I die?
“We have a 12-year-old daughter. I have $1.1 million in a traditional IRA and $250,000 in cash.”
Potbelly acquired by RaceTrac for $566 million
Potbelly Sandwich Shop on October 3, 2015 in Louisville, Kentucky. Raymond Boyd Sandwich shop chain Potbelly will be acquired by convenience store operator RaceTrac in a $566 million all-cash deal, Potbelly announced Wednesday. The deal is expected to close in the fourth quarter of the year. Shares of Potbelly shot up more than 30% following […]
Investors are chasing bond yields ahead of the Fed’s rate decision. Here’s the opportunity.
Investors want to lock in income with stocks near all-time highs, but inflation still remains a concern.
Marc Lasry discusses Steve Ballmer Kawhi Leonard payment
Former Milwaukee Bucks co-owner Marc Lasry said he doesn’t believe L.A. Clippers owner Steve Ballmer attempted to circumvent the NBA’s salary cap by working with a third-party company to surreptitiously pay superstar Kawhi Leonard in 2021 “It’s not something I would ever believe,” Lasry told CNBC in an exclusive interview. “I’ve always found him to […]
Boeing reaches tentative labor deal with striking defense workers
Workers picket outside the Boeing Defense, Space & Security facility in Berkeley, Missouri, US, on Monday, Aug. 4, 2025. Neeta Satam | Bloomberg | Getty Images The union that represents striking Boeing defense workers said Wednesday it has reached a tentative agreement with the company, subject to final voting this Friday. The agreement, set for […]
My husband sold his IRA without my knowledge prior to our divorce. Is this legal?
“Is it legal for one member of a married couple to authorize the sale of an IRA In a joint managed account?”
Air India CEO says carrier embracing ‘new normal’ after deadly crash
An Air India Boeing 787-8 Dreamliner. Sopa Images | Lightrocket | Getty Images LONG BEACH, Calif. — Air India CEO Campbell Wilson said the carrier has embraced a “new normal” and a stepped-up safety focus following the crash of one of its planes in June, the deadliest aviation disaster in a decade. All but one […]
