SpaceX President Gwynne Shotwell welcomes competition for Starlink, rockets
SpaceX President and Chief Operation Officer Gwynne Shotwell speaks during the NASA Commercial Crew Program (CCP) astronaut visit at the SpaceX headquarters in Hawthorne, California, U.S., on Monday, Aug. 13, 2018. Bloomberg | Bloomberg | Getty Images SpaceX’s second-in-command urged on rivals in comments Friday, describing competition as healthy for Elon Musk’s space company. “I […]
Homeowners are using this hack to cut their mortgage payments in half — and chip away at the housing shortage
California homeowners are embracing tiny homes in their backyards. The movement has offered a blueprint for cities across the U.S. that are grappling with a housing shortage.
Why Home Depot acquired SRS Distribution
A warehouse for Texas Pool Supply, a company that’s part of SRS Distribution, carries pool parts such as filters and heaters, along with large buckets of pool chemicals. It’s an example of the specialized business that Home Depot includes after acquiring SRS. Melissa Repko | CNBC PLANO, Texas — In a suburban warehouse, giant buckets […]
I’m a 73-year-old retiree with a 50/50 portfolio whose bonds are doing terribly! Should I sell?
Diversification can be frustrating, but it’s still necessary.
McDonald’s to invest over $100 million in E. coli outbreak recovery
A Quarter Pounder with cheese, fries and a drink arranged at a McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images In the wake of last month’s E. coli outbreak tied to McDonald’s slivered onions, the fast-food giant said it will invest more than $100 million […]
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on Thursday, were adding up to a shift in market participants’ thinking about how much lower interest rates can go starting next year.
Paul, Tyson fight breaks record for biggest non-Vegas boxing gate
(L-R) Mike Tyson, Nakisa Bidarian and Jake Paul pose onstage during the Jake Paul vs. Mike Tyson Boxing match press conference at Texas Live! in Arlington, Texas, on May 16, 2024. Cooper Neill | Getty Images The highly anticipated boxing match between Jake Paul and Mike Tyson has already secured its place in the record […]
Space stocks rally on ‘Trump-Elon trade,’ analysts say
A hot fire test of an Archimedes engine, which powers the company’s Neutron rocket. Rocket Lab This past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector analysts said is a “Trump-Elon trade,” a nod to the relationship between President-elect Donald Trump […]
The S&P 500 has come to a major postelection crossroads
All-time highs were made, but not with the broad market participation you want to see.
Disney parks profits hit records — even before big expansions
People walk in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images All is well in the Magic Kingdom. Disney’s theme park division posted record revenue and profit in fiscal 2024, with revenues rising 5% for […]
